RE: Using Limit Orders for Peace of Mind

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Using Limit Orders for Peace of Mind

in cryptocurrency •  7 years ago 

Limit orders won't guarantee your sell order to be executed. Depends on the volume of supply and demand at that price. I would stop using limit sell orders, as I think there is a bigger chance of you missing out on big gains using it. Just my humble opinion.

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Agreed. In my case the amount is low, so I can try my luck. If there is a spike in the price, some portion of my order might be executed. Also, I can get first movers’ advantage as I set it up well in advance.

Agree. Best of luck to you :)