Originally Posted by
TheMoneyShot
Let me give you an example.
You place an order at coinbase using ACH from your bnk acct on a Monday. The price locked in (for example) $1,000 for 1 BTC and you purchased $2,000 worth.
You would typically receive your order sometime during the day on Friday. If, on Friday the rate is $1,010 for 1 BTC. You would make a gain from your order. Everyone's dream.
If for instance it drops to $980.00 for 1 BTC on Friday. You'd lose on your order placed last Monday.
Hope this helps.