Just asking a pretty silly question but as I do not know about investing in stocks and crypto..please explain this to me!
Suppose some coin like say bitcoin cash is at 1800$ wih value like 0.9990.(Index)
Why are bidders putting bid of 0.900(to ask for bitcoin cash below market price.)
If this bid is fullfilled by the sellers who sale coin at market rate,bitcoin cash will go down from 0.9990 to 0.9000.
( This means bitcoin cash will down and it might give rise to chain reaction,falling the coin by the bidders itself.
Why buy a coin if you want to pull down coin by your act of wanting to buy coin below market rate? )