Buy stop order in crypto: definition

Buy stop order in crypto: definition

Lia Jonon
Lia Jonon
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Stop-loss

Despite the known volatility and dynamism of the cryptocurrency market, there are still some unbreakable thresholds that traders can count on. One of them is buy-stop order.

The concept means that a trader can only start earning above a certain threshold. This threshold can be set by himself or by the market conditions. Also, the minimum investment entry can be made based on the interests of a group of traders, where they agree on terms on a private basis.

Such an approach is suitable for experienced investors, as it can be difficult to navigate thresholds.

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