Hi all 
Do you think this is a good strategy:
I buy bitcoin by putting a stop limit at the same purchase price to lose nothing
Example: I buy 1 BTC at $ 5200 and simultaneously place a stop limit (loss) at $ 5200, if the price goes up then it's good for me but if it goes down then I would lose nothing
Thank you
That's a good practice as a trader and I can say that what you're doing is right. Just one concern, stop limit and stop loss are different from one another. According to investopedia (2019), stop-limit orders are similar to stop-loss orders, but as their name states, there is a limit on the price at which they will execute. Mostly stop-limit are only available in crypto trading platform. I've tried stop loss only from stock trading platform and it's a better option for me to protect your tradea while you don't have the time to watch the market 24/7.Do you think this is a good strategy:
I buy bitcoin by putting a stop limit at the same purchase price to lose nothing
Example: I buy 1 BTC at $ 5200 and simultaneously place a stop limit (loss) at $ 5200, if the price goes up then it's good for me but if it goes down then I would lose nothing
Thank you
Source: https://www.investopedia.com/articles/active-trading/091813/which-order-use-stoploss-or-stoplimit-orders.asp