limit order sepalooooo I am a novice and this is what I use
CryptoFrancoARG
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Bullish
⚠️ The most common mistake when using buy/sell orders
When we start on Binance (or any exchange), almost everyone falls into the same mistake:
👉 Always using market orders.
🚨 Why is it a mistake? • With a market order, you buy or sell at the price available at that moment. • If there is low liquidity or high volatility, you end up paying more when buying or receiving less when selling. • This is called slippage, and it can eat away a good portion of your profit without you noticing.
✅ What to do instead? • Use limit orders: you choose the exact price at which you want to buy or sell. • This way you avoid surprises and have greater control over your trade. • Example: if BTC is at $64,800 and you want to buy at $64,000, place a limit order and that's it, wait for the market to reach it.
📌 Extra advice: • If you are a beginner and don't want to complicate things, you can use market orders, but only for small amounts. • For large trades, always use limit.
👉 In summary: The most common mistake = buying/selling at market without thinking. The solution = use limit orders and be patient.
🔥 Question for you: Do you use more limit orders or market orders?
