My experiment with crypto continues.
Yesterday, I made my first limit purchase for crypto ever.
Though many people told me to avoid buying anything at market price, I avoided limit purchases for some reason.
Yesterday, I decided to try it with a small amount of money.
The coin I selected was ASM - Assembly Protocol.
I did some minor analytics and predicted that this coin is set to go up.
So my limit purchase was to buy a small amount of ASM coin if the price went as low as 0.085. At the time I placed the limit order, it was around 0.097.
Then I went to bed and kinda forgot about it until I opened my laptop.
I was shocked to see that the order filled. And it seems the lowest the coin got to was 0.084. And at the time I was looking at the coin, the price had gone up to 0.11 (about 17% rise). Since I put a little amount of money, my profits were not much. But I felt so excited. I was angry at all the market orders I had placed in the past.
You live and learn.
Yesterday, I made my first limit purchase for crypto ever.
Though many people told me to avoid buying anything at market price, I avoided limit purchases for some reason.
Yesterday, I decided to try it with a small amount of money.
The coin I selected was ASM - Assembly Protocol.
I did some minor analytics and predicted that this coin is set to go up.
So my limit purchase was to buy a small amount of ASM coin if the price went as low as 0.085. At the time I placed the limit order, it was around 0.097.
Then I went to bed and kinda forgot about it until I opened my laptop.
I was shocked to see that the order filled. And it seems the lowest the coin got to was 0.084. And at the time I was looking at the coin, the price had gone up to 0.11 (about 17% rise). Since I put a little amount of money, my profits were not much. But I felt so excited. I was angry at all the market orders I had placed in the past.
You live and learn.