Can you make profit from a flash crash by placing a limit buy

>>3334878
If the exchange doesn't have any circuit breakers it works.
No set make your pick, set your order and wait until 2412. Might as well play the lottery anon.

Oh and smart contracts like Etherdelta work differently, it won't work there

probably not at 1%, because of the buy orders before you, but people have made dumb automated sells due to low sell orders in a flash crash. I'm not sure, but I think your proposition is too extreme.

>>3334904
1% is extreme yes, but you get the idea, much lower, would it work tho?
>>3334894
Not talking about putting all funds in this strategy but putting funds the are not actively used on such order just in case a flashcrash happens

>>3334878

Time isn't that much of a factor. When the flash crash happened in the ETH case the exchange automatically called peoples' margin accounts so there was a cascading of orders and if your 1% or whatever order was triggered then it will be triggered. Time doesn't really factor into it, it really depends on the order book at the time of the crash and like I said, in that particular case the cascading effect.