Topic: Best time of the day to buy Bitcoin - page 5. (Read 893 times)

You're going to get off the hook for plagiarism because you say you read it in an article and you're not trying to pass it off as your own, but next time you'd better put the link to the article. I'll put it for you.

When is the Best Time to Buy Bitcoin

About the article, I see that there is some bullshit in it to be honest with you, as other fellows have pointed out:


About the rest, it may make some sense and it seems to me that they want to draw some parallel with the stock market, but I wouldn't go by any of that to buy, and I don't think it's going to make that much difference even if they're right.

If I follow your first claim, I should be buying by now.  Yeah, it can happen and it does happen, some people do things like that but not everyone, and not all the time and opportunity can be followed.  But if I follow all that on the list at one time of purchase, I won't have to buy now because it is not weekends.  Sometimes others just buy when they want even without following the day and time so even if they have extra money to buy they don't consider that because they are still looking at the movement to see if it is time to buy or just sell.

This should also be considered, which exchange?, when to buy it on global exchange where that many countries apply salary at the end of the month (between the 25th and 30th), this makes a difference with my country, where many employees get payment salary in begin of the month (date between 1st and 6th), I think we have to pay attention where to buy it between global and local exchange because this the point, even though only have a bit different price.

You do not have to consider all these if you want to hold on long term, also considering it will only mislead if you want to trade.

Countries have different time zones, afternoon in one country can be evening or morning in another country, so do not believe that. Also this is more like trading, but trading is beyond that.

I also still see this more as trading, trading is beyond this too bull market sometimes can start from weekend, not common but it do happen.

See the last weekend, even bitcoin dropped on Monday.

Buying  bitcoin is like going fishing. The best time for fishing is early in the morning just when you see the sun start rising and then at the end of the day during the dawn. These are the times when the fish are most hungry. Maybe not so coincidentally, these are also the best times for making trades. Get up from the bed early in the morning and buy/sell some bitcoins when you are hungry. (from 6A.M. to 10A.M.)

Also from 5 P.M. to 8-9 P.M. works near flawlessly as well.

Imho the "best time of the day" may give some hits to day traders, but not much else. Also if it's a "known thing" (heh) speculators may also try to take advantage of this.
If you want to buy and hold for longer, DCA tends to be the best bet. Small variation from different hours (btw, for what timezone were those hours?) will not matter.

its always afternoon somewhere in the world.. but nice try

best time to trade is when you are awake and able to see if a daily price is at its high or low. rather then just trading at any random price whilst your half asleep because someone else told you and others to

the point is if you shout to everyone to buy at a certain time, everyone does this causing a pump. where everyone stupidly buys on a high and the one shouting out the commands of time to purchase has already bought before the pump and about to sell  minutes after the time at the hype tipping point.

its called pump and dump

funny part is by others following these practices. the worse times to buy then becomes the times mentioned. as they become the new daily high moments.

as for the payday thing..
some people are gamblers. they want to spend their months money the moment it hits their account. others are smart investors. pay off their bills/debt and then a week-fortnight later use whatever disposable income is left on investing/saving.

also not everyone gets paid at the same time.
.. but trying to instigate a common time frame people should buy(pump) is too obvious to some as a opportunity to also dump at the tipping point minutes/hours later..
unsurprisingly when everyone does this, a scheduled pump becomes a dump and the whole schedule you plan goes opposite with everyone taking advantage of the opposite by selling on the pump instead of buying on the scheduled pump

If you do such claims it would be interesting to know in what time zone you are, since otherwise it doesn't make any sense. Also the other things are true, especially that the price would drop a little bit to the end of the month. For example many mining farms have to pay for their monthly expenses like employee or electricity, so they dump some coins. This system doesn't work however in a strong bullrun.

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.

2. They say, you can also get a good deal from 11 pm to midnight.

3. Weekend is also the best for people to consider and decide on buying bitcoin since many business people trade Bitcoin on weekdays which causes Bitcoin price go up and the demand increase.

4. We should also avoid buying bitcoin in paydays since many people get their paychecks in the middle and at the end of the month. When people have more money in their account, people tempted to spend it and Bitcoin prices can rise quickly.

Does anyone follow the same this practices? or would you mind share your own practices if you have, to help us get an idea where is best time to buy bitcoin.

*Source : When is the best time to buy Bitcoin