Post
Topic
Board Trading Discussion
Re: Do you think this is a good strategy ?
by
Btc_1856
on 31/03/2020, 12:56:03 UTC
Hi all  Smiley

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

Good strategy is investing in IlCoin at this early stage. I bet you won't regret it.

A trader with this strategy will always try to secure his funds by safeguarding using the option called Stop loss. It is one of the best strategies that we need to follow in order to eliminate the loose, of course, we might lose small transaction, but we will not lose a huge amount if the price of Bitcoin drops.