Post
Topic
Board Trading Discussion
Re: The purpose of buy/sell orders
by
Olomana
on 26/07/2011, 02:52:32 UTC
Why not buy at the current price if you think the price is going to go up?

Why not buy tomatoes at the current price?  Because even if the price is going to go up in the long term, in the short term the price is likely to fluctuate, and if you're patient, you can probably buy them cheaper on sale.

Same with bitcoins, if you're not in a hurry to buy, you may be able to buy them cheaper from someone who is in a hurry to sell.