Are you looking for a way to automate your BitCoin trades, buying low and selling high without your constant input? If so, you’re in luck. In this article I’ll explain how you can place Robinhood limit orders, streamlining your investments and letting you buy and sell Crypto at the exact price you want.

Here’s how.

Robinhood Crypto And The Power Of Limit Orders

The Crypto market is incredibly volitale right now. This means it soars between highs and lows on a weekly basis.

And while this might sound scary, it’s a perfect opportunity for snatching up assets at a discount price. It’s a fantastic situation for buying low and selling high.

Just take a look at this chart.

Had you bought on this dip, you’d be up more than 7% in a week. And that’s if you hadn’t sold around the peak.

Unfortunately, most people can’t time the market.

The next dip could occur while you’re at work, sleeping, or caught up in some other engagement.

Luckily, there is a solution: Limit orders.

These let you buy Crypto at the extract price you want. And they’re easy to set up too, especially when trading on Robinhood.

A limit order tells the Robinhood app to only buy or sell an asset once it reaches a certain price. Maybe you want to purchase BitCoin at $5,999. Or you want to sell when the price surpasses $6,500.

Both are simple and easy.

I’ll demonstrate.

How To Place Limit Orders

If you think Crypto is trending down, open Robinhood and select the currency you want (I always trade BitCoin).

Then, click the buy button to open up a purchase screen.

Once here, select the “Limit Buy” option. Then enter the price you’re willing to pay.

After this, you’re greeted with a confirmation page. Once you verify your request, you’re all set. Your whole transaction is now set up automatically!

Also, if you get cold feet you can always cancel limit orders. There’s no penalty or fee for doing so.

Lastly, limit sells work the exact same way, except you initiate them by clicking the “Sell” tab.

That’s it. By following the steps simple steps you’ve completely automated your trading process. No need to constantly monitor charts or check price fluctuations.

It’s a quick, efficient process for capitalizing off BitCoins constant price swings.

The next time you see a Crypto dip, try this technique.

P.S. Curious about trading BitCoin for fun and profit? Then I highly suggest using the Robinhood investment app. It’s completely free and there are no commissions. Best of all, you’ll receive a free stock when you sign-up using this referral link.