Recently, the market has been like this, watching the K-line every day
A must-read for new users on the chain! Trading settings: 【Slippage】
Slippage refers to the maximum acceptable deviation in the number of tokens for a single transaction. For example, if the slippage is set at 30% when buying, and the actual tokens received are between 70% and 100%, then the on-chain transaction will succeed. If the actual tokens received are below 70%, the on-chain transaction will fail (exceeding the slippage range). Setting a slippage limit is to ensure that you do not bear unexpected losses due to slippage. Once the actual execution price exceeds the set slippage ratio, the transaction will be automatically canceled.
· Manual buying and selling are recommended to be automatic
· For automatic buying/selling and other order operations, a slippage of 30%-35% is recommended
· For new hot market orders, a slippage of 50% or above is recommended
Excerpt from the Ave.ai P Junior Handbook—For informational purposes only, not investment advice #加密市场观察