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I lost money on binances alarm feature

Binance

Cryptocoins Exchanges / Binance 281 Views

I set an alarm on binance to know if the price of a coin( cardano to be precise ) drops below a number, i logged on next day to see binance had sold my investment at that low level and when I saw it, it had risen in price, so I just lost a bit of money on this alarm feature. Does this mean whenever I use the alarm thing that binance are going to just sell you out if the price goes past the alarm level? I just wanna know more because I am now someone who will be more careful before using alarms. I deleted all my other alarms after this little ( what could have been bigger) loss.

submitted by /u/Nature-God711
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