Is it recommended to hold or sell digital assets during the US market closing hours?

3 answers

• Dec 16, 2021 · 3 years ago
  It is generally recommended to evaluate your investment strategy and risk tolerance before making any decisions during the US market closing hours. While some investors prefer to hold onto their digital assets during this time, others may choose to sell based on market trends and their own analysis. It's important to consider factors such as liquidity, volatility, and potential news announcements that could impact the market. Consulting with a financial advisor or doing thorough research can help you make an informed decision.
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• Dec 16, 2021 · 3 years ago
  During the US market closing hours, it's a good idea to assess the current market conditions and your investment goals. If you believe that holding onto your digital assets aligns with your long-term strategy and you are comfortable with potential short-term fluctuations, then holding may be a viable option. However, if you have concerns about market volatility or have identified a profitable selling opportunity, selling during this time could be a prudent move. Ultimately, the decision should be based on your individual circumstances and risk tolerance.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we believe in the importance of evaluating your investment strategy holistically, rather than making decisions solely based on market closing hours. While the US market closing hours can have an impact on digital asset prices, it's crucial to consider other factors such as global market trends, news events, and technical analysis. We recommend conducting thorough research, consulting with experts, and staying updated on market developments to make informed decisions about holding or selling your digital assets.
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