Sell the Pump explained
The Sell the Pump automation sells Bitcoin when the price rises sharply within a time window you set. It lets you reduce your position during a spike, without needing to act in the moment.
How do I customise it?
You set two conditions and a sell amount:
Price increase: Choose a percentage rise to between 1% and 50%.
Time window: Choose a period between two hours and 48 hours.
Sell amount: Choose an amount in sats (satoshis) to sell when the conditions are met. This amount is reserved from your Bitcoin wallet while the automation is active.
What if the price keeps rising?
Once the automation triggers and a sale is made, it resets automatically if you've turned on the restart option. It will trigger again as soon as the conditions are met and your Bitcoin wallet has sufficient sats reserved.
Is there a limit to how often it can trigger?
If restart is on, the automation can trigger multiple times as long as the conditions continue to be met and your Bitcoin wallet has enough reserved to process each order.