> For the complete documentation index, see [llms.txt](https://docs.bonkbot.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bonkbot.io/bonkbot/advanced-trading/limit-orders/limit-buy.md).

# Limit Buy

{% hint style="info" %}
You can set a **Limit Buy,** and BONKbot will automatically buy at a specific Market Cap, Price, % Return, or X Return. 
{% endhint %}

#### **For Limit Buys, BONKbot will let you create two types of orders:**

1. **Buy Dip:** Buy Below the current price
2. **Buy Breakout:** Buy Above the current price

<figure><img src="/files/kJB5Q4Rq4xTGYpZPLkL4" alt=""><figcaption><p>Buy Dip and Buy Breakout Strategies</p></figcaption></figure>

***

### **How to Set a Limit Buy:**

1. Type a new coin address, or go to an existing position.&#x20;
2. Select the **Limit** ✅ option in the menu.

<figure><img src="/files/L9a65iiI6xZvih5e8or5" alt=""><figcaption></figcaption></figure>

***Either***

3. Click the Preset Buy Amount (in the example above it is 5 SOL)

***OR***

4. Click Limit Buy X SOL, and type in how much you want to buy in this order.&#x20;

***Then, you can choose your trigger condition.***

5. You can use any one of the following triggers:

* **Market Capitalization (MCap)** in thousands (K), millions (M), or billions (B). For example, "2B" means the order will trigger when the token's market cap hits 2 billion.
* **Price in USD**: Specify the price at which to execute the buy (e.g., “0.05” for $0.05 per token).
* **Multiple**: You can enter a multiple of the current price or market cap (e.g., “0.8x” or "0.5x").
* **Percentage Change**: Set a percentage increase or decrease from the current price (e.g., “+5%” or “-5%”).

6. Confirm the details of the order, including the trigger and amount.

<figure><img src="/files/5tpKUdDb1ejEIyGjDT05" alt="" width="295"><figcaption></figcaption></figure>

6. Your **Limit Buy** order is now set and will remain open until the condition is met or you cancel it.

***

### Example Limit Buy with GIF:

* Amount: 0.5 SOL
* Trigger: 0.5x (this is half the current MCap)

The bot will execute the order if the market cap drops to 0.5x the current value

<figure><img src="/files/uNMiuHHENMRK5Vu13UsF" alt=""><figcaption></figcaption></figure>

*Please note that while limit orders guarantee a price trigger, they do not guarantee that the order will be filled if market conditions fluctuate quickly.*


---

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