On every exchange that is in the cryptocurrency world you will see a sell order and buy order box that accompanies the cryptocurrency pair, and that shows the prices that which people are selling the coin in question, and the prices that people are trying to buy the coin in question. In this way, you can see the supply and demand of the coin in the market on that specific exchange.
When you look at investing or buying a coin, which do you pay more attention to? In my personal experience, I pay attention to the buy orders. If there are a lot of high valued buy orders, then it shows that there is a lot of potential for this coin and that many people are interested in it or want it. The sell orders don't phase me much, as the demand is what is important when you invest in a coin.
This is my opinion. Which order book do you look at when you are thinking about investing in a coin? And why do you look at that specific order book?
When you look at investing or buying a coin, which do you pay more attention to? In my personal experience, I pay attention to the buy orders. If there are a lot of high valued buy orders, then it shows that there is a lot of potential for this coin and that many people are interested in it or want it. The sell orders don't phase me much, as the demand is what is important when you invest in a coin.
This is my opinion. Which order book do you look at when you are thinking about investing in a coin? And why do you look at that specific order book?