What is the best time to buy and sell cryptocurrencies each day?

3 answers

• Rachel MSep 08, 2020 · 5 years ago
  As an expert in the field of cryptocurrencies, I can tell you that there is no one-size-fits-all answer to this question. The best time to buy and sell cryptocurrencies each day depends on various factors such as market volatility, trading volume, and news events. However, some traders believe that the early morning hours (around 9 am to 11 am) and late evening hours (around 8 pm to 10 pm) tend to have higher trading volumes and price movements, which can present more opportunities for profitable trades.
  509

  255
• Karthik SNov 09, 2022 · 3 years ago
  Well, let me break it down for you. The best time to buy and sell cryptocurrencies each day can vary depending on the specific cryptocurrency you're interested in. For example, Bitcoin tends to have higher trading volumes and price movements during the early morning hours (around 9 am to 11 am) and late evening hours (around 8 pm to 10 pm). On the other hand, altcoins may experience more price volatility during the afternoon hours (around 2 pm to 4 pm). So, it's important to consider the individual characteristics of each cryptocurrency when determining the best time to trade.
  583

  195
• Hélène RousseauDec 16, 2023 · 2 years ago
  According to a study conducted by BYDFi, a digital currency exchange, the best time to buy and sell cryptocurrencies each day is during the early morning hours (around 9 am to 11 am). During this time, there is typically a higher trading volume and increased price volatility, which can present more opportunities for profitable trades. However, it's important to note that market conditions can change rapidly, so it's always a good idea to stay updated with the latest news and market trends before making any trading decisions.
  530

  133