If I buy BTC at $6500 and I immediately place a stop limit of $6500 does it work or is it impossible?
Should make a different percentage the price you are buying and the percentage you can afford to lose, if you set the price $6500 went the bitcoin price still at $6500 at the same time your stop loss will activity because of the volatility of bitcoin and just wasting your fee-trade. If you want to set up the price with the same price buying them, you should be waiting until the price up with around 5-10%. Example buying bitcoin $6500, wait until the price reaches $6800 to avoid your stop lose active immediately.