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
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
Yes, were both using that kind of strategy. I do a daily checking of the trading chart to monitor if has any changes on the price and if the times where the coins are in low price, it is a time to buy crypto currencies. Buying crypto currencies at a low price is a basic strategy, but we don't know that the moment we bought is not really the same amount but it go down again so that we have no choice to recover because it's a lose if we do that, the only way is to wait until the price are go up and when the rate is high it is the time that we get.