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# Still confused about limit sell.

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## Question

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The two answers in your previous thread are saying exactly the same thing.  If you sell L\$251 for \$1, the buyer ends up with more L\$ than if you only sell L\$250 or L\$249.  So, buyers would rather see the higher rate.  Of course, you'll end up with less \$ if you sell at that price, so you would much rather sell at L\$250 per \$ or L\$249 per \$.

Buyers and sellers have to agree on a price in the end.  If you are desperate to sell L\$ as fast as you can, offer a high rate. You will find a greedy buyer who is eager to get more L\$ for his money.  On the other hand, if you are willing to wait for a while, offer a lower rate. Most buyers will ignore your offer, but if you wait long enough you might find a desparate buyer who is willing to get fewer L\$ for his money.

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The two answers in your previous thread are saying exactly the same thing.  If you sell L\$251 for \$1, the buyer ends up with more L\$ than if you only sell L\$250 or L\$249.  So, buyers would rather see the higher rate.  Of course, you'll end up with less \$ if you sell at that price, so you would much rather sell at L\$250 per \$ or L\$249 per \$.

Buyers and sellers have to agree on a price in the end.  If you are desperate to sell L\$ as fast as you can, offer a high rate. You will find a greedy buyer who is eager to get more L\$ for his money.  On the other hand, if you are willing to wait for a while, offer a lower rate. Most buyers will ignore your offer, but if you wait long enough you might find a desparate buyer who is willing to get fewer L\$ for his money.

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I still don't get it. i do not understand. in all i have L\$978 but im selling L\$251 obviously. I honestly don't know if i have it right or not

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this is a cut out from the limit sell on the accountpage, added two lines that should explain

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So lets say i want to sell L\$978. Thats my quantity i want to seel, right? so then i just put in the exchange rate L\$250. not L\$250 as quantity and not 1 in the exchange rate. i think i am starting to understand

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What's to get? Sell all L\$978. If you sell at the rate of L\$251/\$, you will be expecting to get \$(978/251) = \$3.90 (minus fees).

If you were to sell at a rate of L\$250/\$, you'd get \$(978/250) = \$3.91 (minus fees) . Obviously, the difference is really tiny when you're only selling a few L\$, like that. Most people wouldn't bother doing a limit sale unless they were selling L\$25,000 or more. Still, the principle is the same no matter how much you are selling.