Sell BTC to Dollars with and without limits in Bittrex

binhvo1505

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Quote from: fountain of youth on September 04, 2019, 05:21:15 AM

1. what is last, bid and ask in ask price when selling bitcoin?

2. I want to sell 1 BTC to dollars at $12450/the highest value BTC touches during that day, without limits. What should I do?

3. I want to sell 1 BTC to dollars using the greater to or equal to $13,000/the highest value BTC touches during that day. What should I add in trigger price and ask price?

To answer all of your questions is very difficult. because it belongs to the domain of knowledge and you need to understand supply and demand.
You can certainly sell it for $ 12450 or $ 13000 or even $ 20,000 if someone wants to buy Bitcoin at that price.
You can place orders and wait until the price of Bitcoin rises, the demand increases.

MonsterV

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Quote from: mirakal on September 06, 2019, 05:49:04 PM

1) you want to sell your BTC at a higher price because obviously you are talking of price over the current price. If your target is $13,000 then have a sell order at $13K and wait until it will be successfully filled

Well, more or less so and I think it's impossible because @OP wants to sell it at price it wants right now even though price hasn't reached what it wanted. So to sell BTC without limits I think it is very unlikely because no one wants to buy at a high price, if there really is I think that is very stupid.

rodel caling

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As I know bittrex is have an limit in every transactions need to made in aday . I think you need to check it well to avoid blaming. And hard to understand what is the point you want to know.

Quote from: mirakal on September 06, 2019, 05:49:04 PM

Your statement seem to be complicated, based on what I understand with what you like to happen here are the following.

1) you want to sell your BTC at a higher price because obviously you are talking of price over the current price. If your target is $13,000 then have a sell order at $13K and wait until it will be successfully filled.

2) since you want to sell in USD, you need to verify your account at Bittrex, then link your bank account so you will be able to withdraw your USD the moment your sell order will be filled.

I think this advise is suite for your question op put a margin sell target how much ypu want sell your coins into dollar.

mirakal

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Your statement seem to be complicated, based on what I understand with what you like to happen here are the following.

1) you want to sell your BTC at a higher price because obviously you are talking of price over the current price. If your target is $13,000 then have a sell order at $13K and wait until it will be successfully filled.

2) since you want to sell in USD, you need to verify your account at Bittrex, then link your bank account so you will be able to withdraw your USD the moment your sell order will be filled.

sana54210

legendary

Activity: 3346

Merit: 1128

Hope you know that you cannot get those prices you want presently now because no one will be stupid enough to buy at an expensive price, but if you want to place your order down ahead of the next target, it is good, it mean that you have to use an exchange like biance, where you can just place your order down for the future using the tool that they have and also do same for sell order.

If your intention is to sell them for both prices now, it would be very impossible because the value that is currency in the market is not up to that yet and that is why I said you can just place your order down for future and you will get it executed when the value actually reaches your desired values. Another way is just for you to continue holding and then after news has informed you, you can then manually sell them.

fountain of youth

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Any help is appreciated!

fountain of youth

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Quote from: avikz on September 04, 2019, 05:32:30 AM

Quote from: fountain of youth on September 04, 2019, 05:21:15 AM

1. what is last, bid and ask in ask price when selling bitcoin?

Quote from: avikz on September 04, 2019, 05:32:30 AM

I am not sure I am understanding your question! Bidders are buyers and askers are sellers! While selling, you will have to see the bids for market price.

When I sell btc to dollars it shows in the Ask price box, these options

last
bid
ask

What do they mean?

Quote from: avikz on September 04, 2019, 05:32:30 AM

There is no way you can achieve it without using limit. The exchange will not know what is the highest price of the day. So you have to fix an amount in your mind and start a limit sell kn that amount. If the market goes up to that price, your order will be executed.

In bittrex which one from the the Ask price box should I choose and add the highest price?

last
bid
ask

avikz

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Quote from: fountain of youth on September 04, 2019, 05:21:15 AM

1. what is last, bid and ask in ask price when selling bitcoin?

I am not sure I am understanding your question! Bidders are buyers and askers are sellers! While selling, you will have to see the bids for market price.

Quote

2. I want to sell 1 BTC to dollars at $12450/the highest value BTC touches during that day, without limits. What should I do?

There is no way you can achieve it without using limit. The exchange will not know what is the highest price of the day. So you have to fix an amount in your mind and start a limit sell kn that amount. If the market goes up to that price, your order will be executed.

Quote

3. I want to sell 1 BTC to dollars using the greater to or equal to $13,000/the highest value BTC touches during that day. What should I add in trigger price and ask price?

Read below,
https://tradingqna.com/t/what-is-trigger-price-in-case-of-both-buy-and-sell-and-how-is-it-different-from-price-in-limit-order/6899

Hope this helps!

fountain of youth

newbie

Activity: 8

Merit: 0

1. what is last, bid and ask in ask price when selling bitcoin?

2. I want to sell 1 BTC to dollars at $12450/the highest value BTC touches during that day, without limits. What should I do?

3. I want to sell 1 BTC to dollars using the greater to or equal to $13,000/the highest value BTC touches during that day. What should I add in trigger price and ask price?

Topic: Sell BTC to Dollars with and without limits in Bittrex (Read 129 times)