🐋 Beyond watching the market, you should also understand these basics: limit orders and market orders
With a limit order, you set the price yourself: a buy order will only be filled at your set price or lower, while a sell order will only be filled at your set price or higher.
A market order trades price certainty for a faster fill. A limit order is the opposite: you control the price, but the order may not be filled.
The coin mentioned above: $BTC is quoted at 83010.97 (24h +2.22%).
Don’t rush into action just because everyone around you is buying.
Don’t treat this as a basis for trading.
With a limit order, you set the price yourself: a buy order will only be filled at your set price or lower, while a sell order will only be filled at your set price or higher.
A market order trades price certainty for a faster fill. A limit order is the opposite: you control the price, but the order may not be filled.
The coin mentioned above: $BTC is quoted at 83010.97 (24h +2.22%).
Don’t rush into action just because everyone around you is buying.
Don’t treat this as a basis for trading.