Post
Topic
Board Altcoin Discussion
Re: How to trade alt coins for a noob
by
Psynthax
on 09/05/2018, 22:48:53 UTC
Hi, let's say I have an alt coin which is traded against ETH. I want to go to sleep and don't want to be caught out with a drastic price drop.  If I want to sell the coin at say 10c, how can I do this as I need to set my stop loss against the price of ETH....but what if ETH changes price overnight too
If you are using bot and you can try to put buy and sell. But that's very risky consider binance's case has started from the 3rd software party just like trading bot.
And i guess if the price of ethereum will have changed over night and then if you are going to sleep and then you will have another chance soon.