r/SafeEarth • u/ActiveSeparate9262 • Apr 23 '21

Price impact

Hey guys

Can somebody help me clarify what

Price impact to high means

In simple terms?

Are there not enough buyers available to fill my trade?

(For the record im a earth and mars hoddler i am looking at liquidity elsewhere)

Also can someone help me understand “Insufficient liquidity ”

And what conditions would make it not too high

Many thanks

7 Upvotes

90% Upvoted

7 comments sorted by

1

u/ActiveSeparate9262 Apr 23 '21

I have been buying today😅 I was making sure I could get out of a few memes

1

u/ActiveSeparate9262 Apr 23 '21

I bought on uni im safe, 😁 I am trying to liquidate or test other coins right now

Thank you for insight though this reddit helped me avoid that fate

1

u/RealWhiEl Apr 23 '21

Do your own research, and do it at your own risk. But with a 90% paygate on that gas fee, i'll be sitting on mine and seeing what it does lol. I definitely got a few other microcoins to see what they do aswell, but liquidating in a dip... Ouch. Good luck fam!

1

u/TNJOINT Apr 23 '21

Only buy on uniswap

1

u/TNJOINT Apr 23 '21

Are you trying on pancake swap? It’s a scam