🔍 Today's trading tip: Limit orders and market orders
With a limit order, you set the price yourself: a buy order will only execute at your limit price or lower, while a sell order will only execute at your limit price or higher.
Before placing a limit order, take a look at the order book. If your order price is too far from the current price, it may never be filled.
Every potential return comes with its own risk. First, understand how much you could lose in the worst case.
While you're at it, take a look: $BTC is quoted at 82530.01 (24h +0.75%).
#BTC
With a limit order, you set the price yourself: a buy order will only execute at your limit price or lower, while a sell order will only execute at your limit price or higher.
Before placing a limit order, take a look at the order book. If your order price is too far from the current price, it may never be filled.
Every potential return comes with its own risk. First, understand how much you could lose in the worst case.
While you're at it, take a look: $BTC is quoted at 82530.01 (24h +0.75%).
#BTC