When trading cryptocurrency, it's advisable to avoid using round numbers like $70,000 or $75,000 for your buy or sell orders. These prices tend to attract a lot of orders, making it harder for your trade to be executed. Instead, try using numbers just above or below, such as $69,999 or $70,001, to help your trade stand out and be processed more quickly.
Think of it like trying to get into a busy restaurant: if you arrive at the same time as everyone else, you'll likely have to wait in line. But if you arrive a bit earlier or later, you might get in faster. This principle applies to crypto trades and round numbers as well.
Keep in mind that this isn't limited to specific prices; any round number can attract a crowd. By being strategic about when and how you place your orders, you can navigate the crypto market more effectively and optimize your trades.
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