Can I set a stop price on Robinhood for different cryptocurrencies?

3 answers

• Ranas AliJun 21, 2021 · 4 years ago
  Yes, you can set a stop price on Robinhood for different cryptocurrencies. This feature allows you to automatically sell your cryptocurrencies if their prices fall below a certain level. It's a great way to protect your investments and limit potential losses. Just make sure to set the stop price at a level that you're comfortable with.
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• alirewzJun 16, 2023 · 2 years ago
  Absolutely! Robinhood provides the option to set a stop price for various cryptocurrencies. This feature is essential for risk management and helps you avoid significant losses. By setting a stop price, you can automatically sell your cryptocurrencies if their prices drop below your specified threshold. It's a convenient tool for both experienced and novice traders.
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• Ever RomeroJan 18, 2024 · 2 years ago
  Yes, you can set a stop price on Robinhood for different cryptocurrencies. This feature is available to all Robinhood users and can be accessed through the app or website. Setting a stop price allows you to protect your investments by automatically selling your cryptocurrencies if their prices reach a certain level. It's a useful tool for managing risk and ensuring that you don't incur substantial losses.
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