As we all well know we buy and the price immediately falls resulting in a potential cheaper entry price. Well yesterday I found a way to avoid this. Basically create a limit order under the current price for a small amount eg: if trading at 63k, set a buy for $10 @ 62.5K. Now this cant be filled because it would be a good deal for you (rules dictate it is impossible to allow us to get a good deal). Now do your normal market buy @ 63K. Because the limit order is in, the platform will see that and refuse to let the price fall to 62.5K.

Proof: BTC now at ~70K.

submitted by /u/ThiefClashRoyale [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading UBS weighing crypto trading for private banking clients: Report.