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What is the best time to trade cryptocurrencies on Hang Seng in EST?

avatarKishan AcharyaDec 17, 2021 · 3 years ago3 answers

I am curious about the optimal time to trade cryptocurrencies on Hang Seng in Eastern Standard Time (EST). Can you provide some insights on when the market is most active and volatile?

What is the best time to trade cryptocurrencies on Hang Seng in EST?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The best time to trade cryptocurrencies on Hang Seng in EST is during the overlap of the Asian and European trading sessions. This is when both markets are active and liquidity is high, resulting in increased trading opportunities. It's important to note that cryptocurrency markets are open 24/7, but trading volume and volatility tend to be higher during certain times of the day.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for specific hours, the period between 2:00 AM and 6:00 AM EST generally sees increased trading activity on Hang Seng. This is when Asian markets are open and traders from both Asia and Europe are actively participating. However, it's always a good idea to monitor market conditions and adjust your trading strategy accordingly.
  • avatarDec 17, 2021 · 3 years ago
    Based on my experience at BYDFi, a digital asset exchange, the best time to trade cryptocurrencies on Hang Seng in EST is during the early morning hours, around 4:00 AM to 6:00 AM EST. This is when trading volume tends to peak, and you may find more opportunities for profitable trades. Remember to consider factors like market news and announcements that can impact cryptocurrency prices.