Topic: Best time to trade Altcoins? - page 2. (Read 450 times)
In crypto world trading alt coins can be risky every time, there are no a fixed time for it, because a crypto trader can be trade at 3:00 am at night, not like tradional exchanges
Just like the stock market opening time and closing time is the most volatile what do you guys think the most volatile time is for altcoins? When Asia starts the day? Maybe US starts its day? I noticed US time has most the drops. I understand concurrency as a whole is very volatile at all times but still want to get peoples opinions on when they think its most volatile.
Cheers to the community
Cheers to the community
Yes, this is the best time to trade altcoin, many coins are rising and people who join the crypto world are growing. I cannot speculate how exactly the next year would turn out to be for this world, but I am quite optimistic.
Now is best time to buy altcoins their price went down all are under their value because of bitcoin rising, i can suggest u to buy some altcoins right now and be patient u ll have very big profit.
Just like the stock market opening time and closing time is the most volatile what do you guys think the most volatile time is for altcoins? When Asia starts the day? Maybe US starts its day? I noticed US time has most the drops. I understand concurrency as a whole is very volatile at all times but still want to get peoples opinions on when they think its most volatile.
Cheers to the community
First, you need to decide what you want. Do you want to be a cryptocurrency trader? If yes, then just decide a percentage increase from what you have invested like, 30% or 40% increase before you sell. Apart from this, there may not be a convenient time to sell your altcoin. Cheers to the community
Just like the stock market opening time and closing time is the most volatile what do you guys think the most volatile time is for altcoins? When Asia starts the day? Maybe US starts its day? I noticed US time has most the drops. I understand concurrency as a whole is very volatile at all times but still want to get peoples opinions on when they think its most volatile.
Cheers to the community
I think it's best to trade altcoins not in hourly intervals, but in weekly intervals minimum. What profit are you going to earn? 10%? It is better to keep a coin a month and get 100%. In general, the market's capitalization is still far from the maximum, so most of the coins will be profitable on a long distance. Cheers to the community
BTC is getting ready for bull runs,i just sold my alts for now just to play safe with BTC's movement.
For me, there is no real best time... all the time is good, or bad, as I rarely try to 'outrun' the market. What I mean is that my moves are planned ahead of time, with an entry and exit plan for each trade.
You sound like a professional trader. I am coming from forex trading background and I have similar entry and exit strategies. Without those strategies you cannot survive in such a crazy moving market.
I’ve noticed lately that a good time to catch swings is when the Korean markets are trading heavily, generally on their open and close of their business hours. I think they are in the GMT+9 timezone if I’m not mistaken. For me on the east coast their heaviest trading seems to be around 5-6 am, so that would be like 2-3 am on the west coast unfortunately. This is particularly true when a coin is listed on a Korean exchange as happened with Monero a couple of days ago.
For me if I find a good coin which has potential and I will buy them at their ICO price there is a huge chance that the price of coin increases. Off course potential coins will take time to increase it's prices.
For me, there is no real best time... all the time is good, or bad, as I rarely try to 'outrun' the market. What I mean is that my moves are planned ahead of time, with an entry and exit plan for each trade.
Bitcoin is at the edge of moving lower or moving higher, and we know that everytime Bitcoin price make a movement altcoins will going to bleed, I recommend you if you holding Altcoins, always put your stop-losses set on. There is no the best time when to trade, it depends on the market condition.
It is good advice to put stop losses but I am not agreed with your correlation between bitcoin and altcoins. Bitcoin is very steady for days and alt coins (I mean good projects) already started to roar if you are checking coinmarketcap.
Bitcoin is at the edge of moving lower or moving higher, and we know that everytime Bitcoin price make a movement altcoins will going to bleed, I recommend you if you holding Altcoins, always put your stop-losses set on. There is no the best time when to trade, it depends on the market condition.
I think opening of uk and us sessions have an impact on the matket, asian session also has significant effect, but the point is there is no exact time in crypto, anything can happen anytime.
Just like the stock market opening time and closing time is the most volatile what do you guys think the most volatile time is for altcoins? When Asia starts the day? Maybe US starts its day? I noticed US time has most the drops. I understand concurrency as a whole is very volatile at all times but still want to get peoples opinions on when they think its most volatile.
Cheers to the community
Cheers to the community
Not that simple, altcoin similar with stock market but not same. If you're stock market player, your post is correct but I'm afraid altcoin can't analyze by open market like stock/ currency ( Asia - Europa - USA ). Altcoin is one trading direction and not two direction like stock/ currency. Besides that, stock/ currency has verified alert news but altcoin doesn't have it. About drop at US time is not because time, but big player replace their money and push news to make supply & demand not balance. Fix your strategy mindset before too late.
I agree that definitely, today is the best time to trade coins. Today, in general, because you may or may not regret not doing anything if you push back and wait until tomorrow to do so.
Strictly speaking though and in my experience, I find it best to trade bitcoins at any given time of the day as it's value has been around that for quite some time now. It decreases yes, but will definitely make a come back again the next day or even just the next hour or so. On the other hand, it we are tontalk about altcoins, I find it works best for me to trade at night time or morning if you are in the US. I see the value of these coins good enough to biy so that if incase there's loss, it's not going to hurt me too much; the same logic approach works for me too with getting the returns of what I out in at such time of the day.
Strictly speaking though and in my experience, I find it best to trade bitcoins at any given time of the day as it's value has been around that for quite some time now. It decreases yes, but will definitely make a come back again the next day or even just the next hour or so. On the other hand, it we are tontalk about altcoins, I find it works best for me to trade at night time or morning if you are in the US. I see the value of these coins good enough to biy so that if incase there's loss, it's not going to hurt me too much; the same logic approach works for me too with getting the returns of what I out in at such time of the day.
basiclly all value of altcoin is fluctuations, not one has sure value. altcoins has faster growth and decline, check out the latest markets, comment on social media or forum community, so you can know when moment you must buying altcoins
That not best time soon correction on any altcoin because bitcoin has dominance still 33% - it's mark for coming correction. Especially soon update LN.
I buy yesterday altcoin and holding this coin.
anytime is the best time to trade, all you need to do is pick the right coin to trade. I think that now is the best time to trade because many tokes price are going upto 3-5 times. But you need to monitor every tokens in order for you not to loose money
I agree with you if the right coin selection is an effective way to profit from the trade transactions we will do, because not all altcoins have an active price movement and have good progress for trading, and for the right time in trading transactions certainly depends on the state of the price of the coin in the market whether it is time to buy or sell.
Basically you can trade Altcoins every day. Now is a good market for short and medium term investment. And when the price of bitcoin goes up, then trade Althingi not come very good times. As there is a risk that the coins will only fall
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