Cryptocurrency Q&A What are the disadvantages of a limit order?

What are the disadvantages of a limit order?

Isabella Isabella Sat Aug 31 2024 | 5 answers 1126
Could you elaborate on the potential drawbacks of utilizing a limit order in the realm of cryptocurrency trading? Are there any scenarios where it might not be the most suitable option, and if so, what are the specific disadvantages that traders should be aware of? Additionally, how might these limitations impact decision-making and overall trading performance? What are the disadvantages of a limit order?

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