I think it's insane that Coinbase has not figured out how to scale their platform, you have to imagine by now that they will never figure it out.
That said, here's the truth: Liquidity always dries up when prices crash. If you look at a stock that is crashing, bid/ask spreads become very wide, it can be impossible to get a limit fill. Market fills will have big slippage from the quoted price.
It's hard, but you have to sell into strength. You can't wait for the top.
Also, how Coinbase lacks limit orders is beyond me. For a mission focused company they are not very focused.
That said, here's the truth: Liquidity always dries up when prices crash. If you look at a stock that is crashing, bid/ask spreads become very wide, it can be impossible to get a limit fill. Market fills will have big slippage from the quoted price.
It's hard, but you have to sell into strength. You can't wait for the top.
Also, how Coinbase lacks limit orders is beyond me. For a mission focused company they are not very focused.