πŸ’°Limit Sell

BONKbot lets you do two types of Limit Sells. Here's how:

You can set a Limit Sell, and BONKbot will automatically sell at a specific Market Cap, Price, % Return, or X Return.

For Limit Sells, BONKbot will let you create two types of orders:

  1. Take Profit: Sell Above the current price (secure profit!)

  2. Stop Loss: Sell Below the current price (protect downside)

Take Profit and Stop Loss Strategies

How to Set a Limit Sell:

  1. Go to an existing position.

  2. Select the Limit βœ… option in the menu.

Either

  1. Click the Preset Sell Amount (in the example above it is Limit Sell 100%)

OR

  1. Click Limit Sell X%, and type in how much you want to sell in this order.

Then, you can choose your trigger condition.

  1. 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 sell (e.g., β€œ0.05” for $0.05 per token).

  • Multiple: You can enter a multiple of the current price or market cap (e.g., β€œ0.8x” or "0.5x").

  • Percentage Change: Set a percentage increase or decrease from the current price (e.g., β€œ+5%” or β€œ-5%”).

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

Confirm your Limit Sell
  1. Your Limit Sell order is now set and will remain open until the condition is met or you cancel it.


Example Limit Sell with GIF:

  • Amount: 50%

  • Trigger: 2x

The bot will execute the order if the market cap increases to 2x the current value

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.