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Which is better buying Bitcoin at market price or at limit pric

Date:2024-07-14 17:24:26 Channel:Crypto Read:

In today's booming digital currency market, Bitcoin has always occupied an important position. For investors, choosing the right trading strategy is crucial. Market price entrustment and limit price entrustment are common trading methods. So, which one is better? What is the difference between them? Let's explore in depth and uncover a corner of this digital currency world.


However, market price entrustment also has disadvantages that cannot be ignored. Since the order is issued according to the current market price, the transaction price may deviate from the expected price, especially when the market fluctuates greatly, the transaction price may fluctuate greatly, resulting in an increase in transaction costs. In addition, the risk of market price entrustment is relatively high. Investors need to pay close attention to market conditions and adjust their trading strategies in time to avoid losses.

In contrast, limit entrustment has more advantages. Limit entrustment allows investors to set the buy or sell price according to their expectations to ensure that the transaction is carried out within their acceptable price range. This method can effectively control transaction costs and avoid unnecessary losses caused by market fluctuations. In addition, limit entrustment can also allow investors to make trading decisions more rationally, without being affected by market sentiment, and reduce investment risks.

However, limit entrustment is not perfect. Compared with market price entrustment, the operation of limit entrustment is relatively complex, requiring investors to have a certain ability to judge the market and have a clear prediction of price trends. If the price set by investors deviates too much from the actual market situation, it may cause the transaction to fail to be established and miss the opportunity.

Therefore, when choosing market price entrustment and limit entrustment, investors need to make comprehensive considerations based on their own investment needs and risk tolerance. For investors who pursue fast operations and seize market opportunities, market price entrustment may be more suitable; while for more cautious and rational investors, limit price entrustment is more advantageous.

In summary, market price entrustment and limit price entrustment have their own advantages and disadvantages, and investors should carefully choose according to their own circumstances. In the digital currency market, risks and opportunities coexist. Only by carefully and rationally choosing a trading strategy that suits you can you get greater returns in your investment. I hope that every investor can be at ease in the Bitcoin market, overcome obstacles, and start a journey of wealth!

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


According to market data, the current price of Bitcoin is $54,973.52, the circulating market value has reached $1.02 trillion, the 24-hour trading volume is $31.16 billion, the increase on April 27 was 1.8%, and the 24-hour return rate was as high as 3.03%. It can be seen that Bitcoin trading is still very popular among investors recently. There are two ways to trade Bitcoin, market order and limit order, but most investors have no way to judge which one is better. So, which one is better to buy Bitcoin market order or limit order? The following coin circle editor will give you an in-depth analysis.

 Which one is better to buy Bitcoin market order or limit order?

1. Limit order

A limit order (also known as a limit order) is an order to buy and sell foreign exchange contracts at a price determined by the customer or at a price at the time of performance. It is the second most commonly used order in foreign exchange trading orders, which stipulates the highest price the buyer is willing to buy or the lowest price the seller is willing to sell.

A limit order stipulates the highest price the user is willing to buy or the lowest price the user is willing to sell. After the user sets the limit price, the market will prioritize the transaction at a price that is favorable to the direction.

Opening orders will occupy margin, and closing orders will occupy the number of positions that can be closed.

Case 1: The current BTC weekly contract market price index is 13000. If you want to buy at a cheaper price of 12900, you need to set a limit price of 12900 to buy. When the price drops to less than or equal to 12900, the purchase will be automatically completed; on the contrary, if the market price is 13000 and you set a limit price of 13100 to buy, then according to the "low buy" principle, the system will immediately trade at the market price of 13000. Because 13000 is more "favorable" to users than the limit price of 13100.

2. Market price order

Market price order is also called "market order". When customers entrust brokers to buy or sell stocks before trading on the exchange, they do not specify the buying or selling price, but require brokers to buy or sell stocks according to the market price at that time.

Market price order allows users to place orders at the current market's best price to achieve the purpose of fast transaction.

Case 1: Assuming that the latest transaction price of the current BTC contract is 13,000
USD, you choose the market order and fill in the quantity of 200 orders. After clicking the order, your order will be executed immediately (may not be executed immediately in extreme market conditions), and the average transaction price is around 13,000 USD.

Case 2 (Market Price Full Close): You can use the market price full close function to close all positions as soon as possible. Assuming that you hold 200 BTC contract positions, the latest market transaction price is 10,000
USD. After selecting the market price full close, your 200 positions will be completely closed (may not be executed immediately in extreme market conditions), and the average transaction price is around 10,000
USD. If there are other closing orders on the position, the system will prompt you to cancel the order and continue the market price full close.

Note: There will be different limits on the number of market orders for different contracts (the limit will be adjusted accordingly according to market changes)

The above is the introduction to the relevant content of which is better, market order or limit order to buy Bitcoin. Finally, the editor of the currency circle would like to remind investors that when trading Bitcoin, the most important thing is to choose a reliable Bitcoin exchange, which can greatly reduce the risk of investors being deceived and ensure the safety of investors' funds. After all, there are too many hackers eyeing Bitcoin investment accounts. In addition, if investors encounter problems during Bitcoin transactions, they can contact the customer service of the Bitcoin exchange for guidance. Therefore, investors must choose a reliable Bitcoin exchange.

Market price entrustment and limit price entrustment, these two buying and selling strategies play an important role in the Bitcoin market. Market price entrustment means that investors place buy and sell orders according to the current market price, while limit price entrustment means that investors can set the buy or sell price by themselves. So, when choosing, which strategy should be given priority? Let's analyze them one by one and see their advantages and disadvantages.

First, let's take a look at the advantages of market price entrustment. The biggest advantage of market price entrustment is that it is simple to operate, fast and convenient. Investors only need to place orders according to the current market conditions, without considering the specific buy price or sell price, eliminating the trouble of setting prices. This method is suitable for investors who pursue fast operations, especially when the market fluctuates greatly, they can buy and sell Bitcoin faster and seize the opportunity.

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