Are market on close orders a popular trading strategy among cryptocurrency investors?

8 answers

• Dileep KrFeb 11, 2022 · 4 years ago
  Yes, market on close orders are a popular trading strategy among cryptocurrency investors. This strategy involves placing an order to buy or sell a cryptocurrency at the closing price of the trading day. It allows investors to take advantage of any price fluctuations that may occur during the day and ensure that their order is executed at the end of the trading session. Market on close orders can be particularly useful for investors who want to avoid the volatility of intraday trading and prefer to make decisions based on the overall market trend.
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• Rich AnderssonAug 09, 2021 · 5 years ago
  Market on close orders can be a useful trading strategy for cryptocurrency investors, but it may not be as popular as other strategies. This strategy allows investors to take advantage of the closing price, which can sometimes be more stable and reflective of the overall market sentiment. However, it may not be suitable for investors who want to capitalize on short-term price movements or have specific entry or exit points in mind. It's important for investors to consider their individual trading goals and risk tolerance before implementing this strategy.
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• Limited EditionJan 11, 2026 · 2 months ago
  BYDFi, a leading cryptocurrency exchange, offers market on close orders as a trading option for its users. This feature allows investors to place orders at the closing price of the trading day, providing them with the opportunity to execute trades based on the overall market sentiment. Market on close orders can be a popular choice for investors who prefer a more passive trading approach and want to avoid the stress of intraday price fluctuations. However, it's important to note that this strategy may not be suitable for all investors and should be used in conjunction with a comprehensive trading plan.
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• SHRI RAMAKRISHNAN A CSEApr 09, 2024 · 2 years ago
  Market on close orders are not widely used among cryptocurrency investors as a trading strategy. While this strategy can provide the advantage of executing trades at the closing price, it may not be as effective in capturing short-term price movements or taking advantage of intraday volatility. Many cryptocurrency investors prefer more active trading strategies, such as day trading or swing trading, which allow them to capitalize on short-term price fluctuations. However, market on close orders can still be a viable option for investors with a long-term investment horizon or those who prefer a more passive approach to trading.
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• Alford MogensenMay 01, 2025 · 10 months ago
  Market on close orders can be a popular trading strategy among cryptocurrency investors who prioritize long-term investment strategies. This strategy allows investors to execute trades at the closing price, which can provide a more stable and reflective value of the cryptocurrency. It can be particularly useful for investors who want to avoid the stress and time commitment of intraday trading and prefer to make decisions based on the overall market trend. However, it's important for investors to carefully consider their individual investment goals and risk tolerance before implementing this strategy.
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• Flood LorentsenDec 16, 2023 · 2 years ago
  While market on close orders are available as a trading option on some cryptocurrency exchanges, they are not widely used among investors. This strategy involves placing an order to buy or sell a cryptocurrency at the closing price of the trading day. While it can be a useful strategy for investors who want to avoid the volatility of intraday trading, many investors prefer more active trading strategies that allow them to take advantage of short-term price movements. It's important for investors to carefully consider their trading goals and risk tolerance before deciding on a trading strategy.
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• psl-mbdynamicsApr 01, 2025 · a year ago
  Market on close orders can be a popular trading strategy among cryptocurrency investors who prefer a more passive approach to trading. This strategy allows investors to place orders at the closing price of the trading day, which can provide a more stable and reflective value of the cryptocurrency. It can be particularly useful for investors who want to avoid the stress and time commitment of intraday trading and prefer to make decisions based on the overall market trend. However, it's important to note that market on close orders may not be suitable for all investors and should be used in conjunction with a comprehensive trading plan.
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• MassimoApr 04, 2023 · 3 years ago
  Market on close orders are not commonly used by cryptocurrency investors as a trading strategy. While this strategy allows investors to execute trades at the closing price, it may not be as effective in capturing short-term price movements or taking advantage of intraday volatility. Many cryptocurrency investors prefer more active trading strategies, such as day trading or swing trading, which allow them to capitalize on short-term price fluctuations. However, market on close orders can still be a viable option for investors with a long-term investment horizon or those who prefer a more passive approach to trading.
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