๐Ÿ“˜ #TradingTypes101

๐ŸŽฏ Letโ€™s Learn: What is a Limit Order?

๐Ÿ’ก A Limit Order means:

You choose the price you want to buy or sell at โ€” not the current price.

Your trade will only happen when the market hits your chosen price.

๐Ÿ›’ Example:

Want to buy $BTC

Bitcoin, but only if it drops to $50,000?

โ†’ Set a limit buy order at $50,000.

Want to sell at $60,000 instead of now?

โ†’ Set a limit sell order at $60,000.

โฑ๏ธ When to Use a Limit Order:

โœ… If youโ€™re okay waiting for the price you want

โœ… If you want to buy lower or sell higher than the current price

โœ… Good Things About It:

You control the price

Great if you donโ€™t want to chase the market

โš ๏ธ Things to Keep in Mind:

Your trade might not happen if the market doesnโ€™t reach your price

๐Ÿ’ฌ Have you ever used a limit order before?

#CryptoForBeginners #LimitOrder #LearnToTradeCrypto #EasyTradingTips #CryptoMadeSimple