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Topic: Best time of the day to buy Bitcoin - page 3. (Read 955 times)

legendary
Activity: 2646
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July 03, 2022, 04:39:54 AM
#49
With stock market trading there's specific time by Which one needs to do trading to make it a good day, because it have got the trading opening and closing time. With cryptocurrency scenario is different, it is a 24/7 market. So, right time needs to be understood observing the market and not out of any time zone.

For users who are into trading practice it is good to look for the drop and make a buy and sell when the price increases. Continued practice will let the user know the right time to make a buy than looking timezones.
hero member
Activity: 3024
Merit: 651
July 03, 2022, 03:54:48 AM
#48
Buy it when the prices are down and you have money in the pocket. there is no ideal time to buy. There is ideal time of hodling. If you want a quick profit. I don't think this is the right time as the market is still in devaluation mode and the prices to me seem like, they will fall further. So yes you can stay assured that bitcoin like previously will rise. But  for that you will need to hodl your bitcoins for quite some time.
The ideal time to buy bitcoin would be too risky as you will need to real time watch the market as there will be some point where you can buy bitcoin at a certain point to be able to gain a huge profit. But still any time during the bearish market would be a great buy as previous indicator suggest that crypto will rise or pump after a few months. This also best apply for long term investors.
Yeah and it's not just the timezone, the erratic movement can fall at the time you selected and you will get rekt if you are doing the same thing everyday.
That is why there's no right time to buy. It could be pumping at 6 o'clock today but tomorrow it might not.
OP seems to be trying to attempt a cheat code by using time but it won't work.
This is money we are talking about coming in and out from an exchange that can be accessed internationally. There's no way it will easy to predict with a repetitive movement.
hero member
Activity: 1498
Merit: 547
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July 03, 2022, 03:04:38 AM
#47
Buy it when the prices are down and you have money in the pocket. there is no ideal time to buy. There is ideal time of hodling. If you want a quick profit. I don't think this is the right time as the market is still in devaluation mode and the prices to me seem like, they will fall further. So yes you can stay assured that bitcoin like previously will rise. But  for that you will need to hodl your bitcoins for quite some time.
The ideal time to buy bitcoin would be too risky as you will need to real time watch the market as there will be some point where you can buy bitcoin at a certain point to be able to gain a huge profit. But still any time during the bearish market would be a great buy as previous indicator suggest that crypto will rise or pump after a few months. This also best apply for long term investors.
legendary
Activity: 1904
Merit: 1159
July 03, 2022, 01:54:01 AM
#46
Buy it when the prices are down and you have money in the pocket. there is no ideal time to buy. There is ideal time of hodling. If you want a quick profit. I don't think this is the right time as the market is still in devaluation mode and the prices to me seem like, they will fall further. So yes you can stay assured that bitcoin like previously will rise. But  for that you will need to hodl your bitcoins for quite some time.
sr. member
Activity: 1750
Merit: 293
July 03, 2022, 01:28:14 AM
#45
We can say that it is the best time for long-term investors. Buying bitcoin is the best investment you can make during this period. However, if you wait a little longer, you can buy bitcoin at a lower price and make more profit. In my opinion the ideal price is $13k. The value of bitcoin will be $100k for a few years and we will have made a very good profit.
full member
Activity: 1834
Merit: 166
July 03, 2022, 12:18:31 AM
#44
For me personally there is no specific timezone as I am not investing heavily daily but at have bought at few intervals some sats and just keeping them for long term and have sold some also in previous year.But if you say about timezone then few traders i know prefer Midnight trading to buy the coins so you see there is difference to your investment approach like short term or long run.When prices are down then it's best to invest for me.
sr. member
Activity: 2618
Merit: 439
July 02, 2022, 09:10:27 PM
#43
I have read an article that there is a best time to buy bitcoin. By considering these patterns, we can be able to buy bitcoin at a lowest price.

1. it’s better to buy Bitcoin in the afternoon since prices tend to drop. While the best time to buy Bitcoin is from 3 pm to 4 pm.

*Source : When is the best time to buy Bitcoin
Lol , now it is a Time frame that need to be choose to buy? at least there are allot time when to buy ?   Grin

I never believe in this part because I know that Bitcoin price will only increase depend on how we uses this and how we buy and sell cryptocurrency .

Just buy amount that extra from your pocket and you will be saved for sure.
legendary
Activity: 2982
Merit: 1485
July 02, 2022, 09:03:51 PM
#42
It is known that the best time to buy bitcoin is when it is cheaper, but how do you know when that time is? ? and why a day and why a specific time? I understand that bitcoin should not be bought when it is going up, one day I bought bitcoin going up and then it fell a lot and I had to wait a long time for it to go up, but if it ran away waiting a little longer I would have bought lower, those things are difficult

You can tell it's just another clickbait article from just what OP posted here. I won't even bother to click that link. Let alone the fact that there are different time-zones, even if it's hypothetically same time in whole world that still wouldn't affect Bitcoin price. There is no best time to buy Bitcoin, there is low price and high price and you can only find the difference after it happens. There is no logical reason for Bitcoin to go up in weekdays as well. It's a 24/7 live market that never stops and somebody always see an opportunity in any time-frame.

"They say, you can also get a good deal from 11 pm to midnight." This is pretty funny. Who says this? Grin I can't even find any connection about this and Bitcoin price.
sr. member
Activity: 1092
Merit: 342
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July 02, 2022, 08:41:50 PM
#41
It is known that the best time to buy bitcoin is when it is cheaper, but how do you know when that time is? ? and why a day and why a specific time? I understand that bitcoin should not be bought when it is going up, one day I bought bitcoin going up and then it fell a lot and I had to wait a long time for it to go up, but if it ran away waiting a little longer I would have bought lower, those things are difficult, I always see technical analysis on cointelegraph, I see ideas on tradingview, is there any page in particular that can give more truthful information?
sr. member
Activity: 1330
Merit: 289
June 30, 2022, 05:31:29 PM
#40
The best time for buying bitcoin is when it is at its lowest. Like now, bitcoin is facing a dip and this can be used as an opportunity for buying bitcoin.
everybody feeling is that the best opportunity and the best time to buy cryptocurrency is when the market is bearish so actually a normal sense that is normal time to buy cryptocurrency for those people that don't have estimate budget of buying or investing in cryptocurrency that is the exact time they have the opportunity to purchase it. But average person who knows the rules of cryptocurrency and they have been investing in cryptocurrency for long time do invest with cryptocurrencies anytime it feels that it is a normal kind of buying cryptocurrency because of it experience and secondly what give them the knowledge to buy cryptocurrency whenever it is high or when it is low, it is because they are a holder what currency for some years difference and they do that they will make profit.
sr. member
Activity: 1362
Merit: 258
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June 30, 2022, 08:06:10 AM
#39
as we know the time zone in each country is different, the afternoon at your place is not necessarily the afternoon in my country, so I think it all depends on our readiness when to buy btc itself not by looking at the right time (just my opinion about this best time)
sr. member
Activity: 2296
Merit: 348
June 30, 2022, 01:18:31 AM
#38
I think that there is no guarantee that it will be followed every single day so let us not expect waiting on the exact time  frames as we can only get disappointed. It's still possible for the price to dump at any times so if ever you catch it by the time you open your screens then you shouldn't hesitate to grab the opportunity as the price can change again later on.

Weekend is a time for day off for some workers. Not only that the price increase because someone will buy but there will also be sellers during this times. Traders are usually the ones that follows those patterns you describe there op because they are too strict or perfectionist. A small change in the price for them can already make a big difference.
newbie
Activity: 27
Merit: 0
June 30, 2022, 12:33:18 AM
#37
The best time for buying bitcoin is when it is at its lowest. Like now, bitcoin is facing a dip and this can be used as an opportunity for buying bitcoin.
legendary
Activity: 3248
Merit: 1402
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June 29, 2022, 12:42:09 PM
#36
I guess things like time of day matter sometimes, but not generally. If there truly is a consistent pattern and a person is a trader, then playing on these differences of the price can be rewarding (especially if you're operating a big budget). But if it's a purchase for a long-term hodling, I really don't think it's worth a second thought, and things like more long-term trends (such as the price this week compared to last week or this month compared to last month) matter more. After all, the difference of buying BTC for $40k and $20k is very singificant and can be a matter of a month or so.
copper member
Activity: 2268
Merit: 539
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June 29, 2022, 09:22:28 AM
#35

1. it’s better to buy Bitcoin in the afternoon since prices tend to drop. While the best time to buy Bitcoin is from 3 pm to 4 pm.


This strategy is useless, as all traders are not from your county or time zone.
It’s just for own pleasure to say that during afternoon, you can get Bitcoins for comparatively low price.
I would like to add that there is no perfect time in a day to buy the Bitcoins.
Whenever possible and if you extra money to invest, then just buy it. Don’t worry about the price.
As Bitcoins are such coins that you will surely get profit, but yes it will take time.
Nevertheless let’s see what other people have opinions on the OP.
sr. member
Activity: 1065
Merit: 261
June 29, 2022, 07:47:36 AM
#34
Bear economic situation can obliterate any portfolio value and they have a risky tendency to delay for longer than anybody anticipates. Luckily, we've Bitcoin one of the beneficial things and motivation to contribute on it regardless of anything. It's sure that BTC market will pullbacks which give investors fair return. Anyway, the individuals who center around his speculation and spend time exploring could flourish them when trends bullish again.
newbie
Activity: 20
Merit: 0
June 29, 2022, 06:53:16 AM
#33
The value of cryptocurrencies fluctuates greatly and is considered a volatile asset class. Because of this, many people believe that they should try to time their investments by making purchases during particular windows in order to receive the best possible price. But since investors all over the world trade cryptocurrencies constantly, it is impossible to predict when the best time is to buy.

Dollar-cost averaging is your best option if you want to invest in cryptocurrencies. With this approach, you make purchases gradually over a long period of time. Even if you make investments at times that don't turn out to be particularly low, you'll still catch times when they are extremely low, so things might even out.
hero member
Activity: 1008
Merit: 960
June 29, 2022, 01:31:38 AM
#32
Obviously some users have disagreed with the points raised for very obvious reasons. So, I try to I'll help you out. In my own opinion for best time of the day, month or year to buy bitcoin are:
  • When you are sober. Not too happy or too sad.
  • After you have done your own research and created a budget.
  • Not after you have watched the news.
  • Not when your friends are buying because they were told to buy the dip.

Those are some good points.

I would add that automation usually is the most reliable answer to almost everything.

You can always setup an automatic transfer and/or buy with different banks and exchanges. You could do this every month for a fixed amount every time.

It's the same with saving, and investing. Set it once at levels you're comfortable with, and continue with your life, monitoring it from time to time.

If your situation changes, you can adjust the value, but keep it always active.
hero member
Activity: 1120
Merit: 887
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June 28, 2022, 11:50:27 PM
#31
Obviously some users have disagreed with the points raised for very obvious reasons. So, I try to I'll help you out. In my own opinion for best time of the day, month or year to buy bitcoin are:

  • When you are sober. Not too happy or too sad.
  • After you have done your own research and created a budget.
  • Not after you have watched the news.
  • Not when your friends are buying because they were told to buy the dip.



legendary
Activity: 2310
Merit: 4085
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June 28, 2022, 10:30:18 PM
#30
There are correlations between timezone, most actively trading time and best time to have cheapest transaction fee. I think it will be reflected on price too and there is correlation between price fluctuation and timezone. However, there is no such best time of days to buy Bitcoin. If the market has no serious crash, price is not much significantly different within 24 hours of a day.


Some charts for transaction fees as well as most actively and least actively trading hours.

Best time of days, it depends on each person. If you are looking for time when you buy Bitcoin with least risk of crash after that, you will try to find hours with most boring trading activities, with very little fluctuation of price.

If you are looking at crash to buy dip and enjoy bounce, it is a different approach and you will look at different hours (most actively trading hours as crashes will cause panic, huge liquidations, huge trading volume, etc.)

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