I just bought some coin, and I've seen how fast it is being devalued. Say hypothetically That I traded that with someone in seven days(When it's actually available to me finally), would I be losing a ton of the money I spent? Because I'm about to cancel if so...
Cancel the BTC purchase? Or cancel your order with your hypothetical chemical trader? If you have already locked in a price with the hypothetical chemical trader and HE doesn't cancel, then he is absorbing the risk. Although I'm guessing that this isn't the case and price isn't locked in.
Would you be losing a ton of money that you spent? How the fuck is anyone here supposed to know what the BTC price will be in 7 days. It could be up $3000 by then, it could be the same, or it could go down even more. Nobody here knows what the price will do. If you have to wait 7 days to get your coin, you will always have risk that the coin will devalue by then. I'd recommend finding a more immediate form of purchasing coin like an ATM, LBC, etc etc etc