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/biz/ - Business & Finance


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8422593 No.8422593 [Reply] [Original]

how do i put in an order to market buy if BTC rises to a certain price

>> No.8422649
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8422649

it's called a stop loss lots of places don't have them bisexualnance has stop limits, just set the limit up higher

>> No.8422705

>>8422649
No, not a stop loss which sells -- the opposite.

>> No.8422751

>>8422593
Do a stop limit buy with the limit price like 10$ over the stop if you are on binance.

>> No.8422785

>>8422649
It's just a stop order. You can do so if your preferred exchange allows them, some only allow limit orders.

You can also do a stop-limit, where you set the price to start buying at market and continue until order fills entirely or the price rises above your limit (limit being the max price you wish to pay).

>> No.8422795

>>8422705
Stop gains

>> No.8422847

>>8422593
Stop-limit order. Some places don't have them but Binance does if your okay with using tether

>> No.8422876
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8422876

>>8422649
i mean you are both selling and buying either way sooooo like ya ok

>> No.8422935

>>8422593
>buy high
>

>> No.8422943

you are describing a stop limit order

>> No.8423327

People often get confused by the word 'stop'. It's really more of a 'start', as in start buying at this price or start selling at this price. If you use a stop-limit instead of just a stop, the limit is the thing that stops the selling or buying at designated price. A stop without a limit will buy or sell at market until your full order is filled regardless of where the price happens to shift while your order is going through.