What are the recommended trading hours for beginners in the cryptocurrency market in PST?

3 answers

• Dec 18, 2021 · 3 years ago
  For beginners in the cryptocurrency market, it is generally recommended to trade during the peak trading hours when the market is most active. In PST, this would be from 6:00 AM to 3:00 PM. During these hours, there is usually higher liquidity and volatility, which can present more trading opportunities. However, it's important to note that the cryptocurrency market operates 24/7, so there are opportunities to trade at any time. It's also crucial to consider your own availability and trading strategy when choosing the trading hours that work best for you.
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• Dec 18, 2021 · 3 years ago
  As a beginner, it's important to understand that the cryptocurrency market is highly volatile and can experience significant price fluctuations at any time. While there may be recommended trading hours, it's essential to stay updated with market news and trends to make informed trading decisions. Additionally, consider your own risk tolerance and investment goals when determining the best trading hours for you. Remember, trading cryptocurrencies involves risks, and it's crucial to do thorough research and seek professional advice if needed.
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• Dec 18, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, there is no specific set of trading hours recommended exclusively for beginners. The cryptocurrency market operates globally and is accessible 24/7. It's important for beginners to understand the market dynamics, conduct proper research, and develop a trading strategy that aligns with their goals and risk tolerance. While certain hours may have higher trading volumes and volatility, it's crucial to consider individual factors and preferences when choosing the trading hours that work best for you.
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