Which type of order, limit or stop limit, is more suitable for cryptocurrency traders?

1 answers

• Dec 27, 2021 · 3 years ago
  At BYDFi, we recommend that cryptocurrency traders consider using both limit orders and stop limit orders in their trading strategies. Limit orders can help you get the best possible price, while stop limit orders can help you protect your profits and limit your losses. It is important to carefully consider your trading goals and risk tolerance before deciding which type of order to use. Remember to always do your own research and stay informed about the latest market trends and news before making any trading decisions.
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