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What happens if I have a limit order and USDT crashes? (zerobytes.monster)

submitted 1 month ago by [email protected] to c/[email protected]

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The original post: /r/cryptocurrency by /u/revonorway on 2024-11-24 13:42:54.

Hi everyone! I’m currently working on my exit strategy for this cycle. I’m considering preparing a bunch of limit sell orders to USDT on different cryptos. My only concern is what would happen if USDT has a flash crash for some reason? Would my limit orders be activated early? I don't consider it very likely but with crypto you never know and want to plan for every eventuality... Does anyone have any advice and/or experience with this kind of scenario? Is it safer to put in the limit orders to USD instead?

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