Jasz
VIP Contributor
The crypto market is extremely volatile. In fact, it's notoriously unstable. But we believe that this doesn't have to be a downside to trading cryptocurrency—it can actually be a huge benefit if you know how to work with it.
In this thread, we'll talk about how to stop slippage in crypto and turn the volatility of the market into an opportunity for profit.
Slippage can be defined as the difference between the price you expect to pay for a trade and what you actually end up paying. This usually results from high demand for an asset or order volume, which means that the price fluctuates quickly and unpredictably. When slippage occurs, your trade may not go through at all—or you could pay a higher price than you were expecting.
So what causes slippage? Slippage usually happens when there's high volatility in a market, which is the cryptocurrency market's name for "price fluctuations." It happens when demand for an asset suddenly increases or decreases without warning due to news events or some other external factor; this makes prices change rapidly which leads to slippage problems. You should always be aware of any potential news events that might affect markets so you don't get affected.
In this thread, we'll talk about how to stop slippage in crypto and turn the volatility of the market into an opportunity for profit.
Slippage can be defined as the difference between the price you expect to pay for a trade and what you actually end up paying. This usually results from high demand for an asset or order volume, which means that the price fluctuates quickly and unpredictably. When slippage occurs, your trade may not go through at all—or you could pay a higher price than you were expecting.
So what causes slippage? Slippage usually happens when there's high volatility in a market, which is the cryptocurrency market's name for "price fluctuations." It happens when demand for an asset suddenly increases or decreases without warning due to news events or some other external factor; this makes prices change rapidly which leads to slippage problems. You should always be aware of any potential news events that might affect markets so you don't get affected.
