I am looping through array of items and running a setTimeOut which contains a certain function for each coin. If I want to successfully run the function before moving onto the next coin, do I need to put async/await on the setTimeout and the function inside the timeout? In order for the function to fully finish before moving onto the next coin?

  coins.forEach((coin) => {
console.log('looping for each coin', coin);
const filteredTimeLeft = coin.timeLeft
  .replace(/[()]/g, "")
  .split(" ")
  .filter((word) => word !== "Pacific" && word !== "Time")
  .join(" ");

let endTime = moment(new Date(filteredTimeLeft)).unix();
const convertSec = Number(coin.seconds);
const calcTime = endTime - convertSec - moment().unix();

console.log(calcTime);
setTimeout(() => {
  // placeBid(coin, username, password)
  placeAutomaticBid();
  // placeTest()
}, calcTime * 1000);


});