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/biz/ - Business & Finance

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11490480 No.11490480 [Reply] [Original]

Newfag here
So when you click “sell” do you need to wait for your broker to find someone who’ll buy your shares before you can actually recieve payment or do you get money instantly?
Aka, can you just buy and sell shit instantly whenever you want or is there more to it?
Feel free to fuck my shit up if I’m being retarded.

>> No.11490500

>>11490480
When you sell, the exchange buys it at the current price and they make money by selling it back to you at a higher price.

>> No.11490526

Depends if its a market order (sell/buy at current market prices) or a limit order that will be filled if the price fluctuates the way you bet. Now post more anime ass

>> No.11490527

Bump

>> No.11490530

>>11490500
Thanks mate.

>> No.11490564

I want an anime girl with a fat ass like this to shit on me

>> No.11490713
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11490713

>>11490500
dubs dont lie
checked

>> No.11490723

>>11490500
that's not how exchanges work

>> No.11490749
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11490749

>> No.11490943

>>11490713
How does it work then?

>> No.11490950
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11490950

>>11490480
BRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAP

>> No.11490954

>>11490943
Look up makers vs takers and the difference between a limit order and a market order and you'll figure it out.

>> No.11490973

>>11490480
Im going to talk to you like a normal human, just for fun.
When uou sell on a market there is always someone buying on the other side. Its called an order book because someone has to post an order. So you put up a note saying "I want to sell one btc for 10k". Someone else has to take that offer, or it will stay open for ever.
When you push an automatic or instant "sell" button, alk that happens is the exchange takes the next buy offer on the book, whatever price it is.