3 ms·
Not as disasterous as I thought, but still not great. Worse, when you most want to sell is when others do too, so the liquidity may change. How'd you confirm t
by xapata 9y ago
Not as disasterous as I thought, but still not great. Worse, when you most want to sell is when others do too, so the liquidity may change.
How'd you confirm that estimate, by making a trade?
- gruez 9y agoyou don't. how most exchanges work is that when selling, you can place a limit order (sell at that price or higher), or a market order (sell at whatever price). if you want certainty, you use limit. if you want to make a trade now, you use market.
- xapata 9y agoAh, so that 0.5% was just a wild guess. Others have chimed in that they've sold a bunch in one day and been fine, but ... there's always folks that want to pump the price, so I'm not sure what to believe.