What is the best time to trade cryptocurrencies, AM or PM?

5 answers

• Dec 15, 2021 · 3 years ago
  The best time to trade cryptocurrencies depends on various factors. Generally, the morning (AM) and the afternoon (PM) have different characteristics. In the morning, the market tends to be more volatile as it reacts to news and events that occurred overnight. This can present opportunities for traders who are looking for quick gains. On the other hand, the afternoon is often characterized by lower volatility and slower price movements. This can be a good time for longer-term traders who prefer a more stable market. Ultimately, the best time to trade cryptocurrencies depends on your trading strategy and personal preferences.
  632316
• Dec 15, 2021 · 3 years ago
  AM or PM, it's all about timing! The cryptocurrency market is a global market that operates 24/7, so there is no fixed 'best' time to trade. However, it's important to consider the time zones of major cryptocurrency exchanges and the trading volume during different hours. For example, if you're trading Bitcoin and want to take advantage of the Asian market, you might consider trading during the morning (AM) when Asian traders are active. Similarly, if you're interested in the European market, trading during the afternoon (PM) when European traders are active could be beneficial. Remember, it's all about finding the right timing for your trading strategy!
  662221
• Dec 15, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the best time to trade cryptocurrencies can vary depending on the specific cryptocurrency and market conditions. While there is no definitive answer, it's generally recommended to avoid trading during the early morning hours (AM) when the market is less liquid and more prone to manipulation. Instead, trading during the afternoon (PM) when the market is more active and has higher trading volumes can provide better opportunities. However, it's important to conduct thorough research and analysis before making any trading decisions, as the cryptocurrency market is highly volatile and unpredictable.
  656164
• Dec 15, 2021 · 3 years ago
  Trading cryptocurrencies is like surfing the waves of the market. Sometimes the morning (AM) brings big waves with high volatility, while the afternoon (PM) offers smaller, more predictable waves. If you're an adrenaline junkie and love the thrill of quick gains, the morning might be your preferred time to trade. However, if you prefer a more relaxed and steady approach, the afternoon might be a better fit. Ultimately, it's important to understand your risk tolerance, trading strategy, and the specific cryptocurrency you're trading to determine the best time for you.
  573115
• Dec 15, 2021 · 3 years ago
  When it comes to trading cryptocurrencies, the best time is whenever you have a clear trading plan and the market aligns with your strategy. Whether it's in the morning (AM) or in the afternoon (PM), what matters most is having a solid understanding of the market dynamics, conducting thorough analysis, and being disciplined in your trading approach. Keep in mind that the cryptocurrency market is highly volatile and influenced by various factors, so it's important to stay updated with the latest news and trends. Remember, successful trading is about making informed decisions, not just timing the market.
  609102