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    [Daily Discussion] Sunday, May 12, 2019 Bitcoin Markets

    May 12, 2019

    [Daily Discussion] Sunday, May 12, 2019 Bitcoin Markets

    [Daily Discussion] Sunday, May 12, 2019

    Posted: 11 May 2019 09:05 PM PDT

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    [Altcoin Discussion] Sunday, May 12, 2019

    Posted: 11 May 2019 09:05 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

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    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
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    Bitcoin 24 hour volume at an All Time High according to CoinMarketCap.com

    Posted: 11 May 2019 05:44 PM PDT

    Question about stop/limit price (coinbase pro)

    Posted: 12 May 2019 07:58 AM PDT

    Hi reddit, thanks for readung and helping me!

    Im trying to understand exactly how it works but i cant find better info on the net....

    For example, the price is actually 5000$. I think it will go higher and then i buy some BTC at the market price. Next I put a stop loss in place, in case it goes below 4950$. -> The stop price is then 4950$, and in case it couldnt sell at that price, I put a limit price of 4900$.

    Does that mean that it will try to sell at 4950$, and if it cant, instantly try at 4900$, even if the market price is like 4930$ ? (and then you loose more money than a market price sell?)

    I already got fuc.ked up one time with this system, it sold only half of my order and i loss a little bit (I've put 30$ difference between stop and limit price, seems like its not enough....)

    I dont see the advantage of this function, why dont install a system which will sell you order as soon as possible when it goes below a certain price??

    Thanks again readers 🖒❤

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