Topic: Buy on Friday and Sell on Monday - page 3. (Read 799 times)
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That could happen, but that cannot be a sign for us to buy on Friday and sell on Monday because the market will not move the same every week. We still need to watch and analyze the market to find a good time and the best price to buy and sell even if the movement almost the same as a week ago. But if you still want to do that, I think you should analyze more to find by yourself because I am still not sure about that.
I do not agree with investments been based on gambles
Because to me, buy on Friday, sell on Monday is more or less a prediction
If you have a working principle, i urge you to stick tobit and be better at your strategy
Dont fud
Dont fomo neither panic
Because to me, buy on Friday, sell on Monday is more or less a prediction
If you have a working principle, i urge you to stick tobit and be better at your strategy
Dont fud
Dont fomo neither panic
Its better to buy base on what you see in the market regardless what day it is because we cant pin point the usual day as the best time to buy. It can be a coincidence but it wont happen continuously as your guide on when to buy and sell.
This analysis that comes from "experts" are not reliable since no one can accurately predict the price. Conduct your own analysis to better understand the flow of the market, that would be much better rather than following their predictions without concrete basis.
This analysis that comes from "experts" are not reliable since no one can accurately predict the price. Conduct your own analysis to better understand the flow of the market, that would be much better rather than following their predictions without concrete basis.
I think there are many who experience difficulties and losses in trading crypto even though they have done technical or fundamental analysis, even though this method is really helpful, but in the end there will be a day where we will lose and sometimes all profits will disappear instantly.
I think this is just a coincidence that on Friday the price is cheap and Monday is expensive. We must not make it as a benchmark that Friday must be Buy and on Monday have to sell it. The world of trading really requires the good knowledge by learning technical and fundamental analysis techniques. 
I think there are many who experience difficulties and losses in trading crypto even though they have done technical or fundamental analysis, even though this method is really helpful, but in the end there will be a day where we will lose and sometimes all profits will disappear instantly.
Just like i said before this method usually using by forex traders when they review their weekly profit on friday and starting to buy again on monday so that's why on friday the price are more likely to down because majority people sell their assets and on monday the price will goes up again because people are more likely to buy and although this method could works once or more if used but i don't think it can use repeatable because crypto market was different and more volatile than forex market
but according to the last dump it happens in friday and just tonight
that market recovers.so i don't think it is appropriate to just rely
on Days of buying and selling because market is not moving in
same direction weekly.
better always look or check the market before selling or consider
the semi longterm holding if we are talking about safer investing.
i have been checking market from time to time this year yet no
indication that we can be sure of what the topic says so still invest
with our own risks.
that market recovers.so i don't think it is appropriate to just rely
on Days of buying and selling because market is not moving in
same direction weekly.
better always look or check the market before selling or consider
the semi longterm holding if we are talking about safer investing.
i have been checking market from time to time this year yet no
indication that we can be sure of what the topic says so still invest
with our own risks.
If you would have done this in the week-end just passed, you would have bought at around 10240$ and sold at 9790$. Not a good business.
The morale of the story is: don't just go by various self-called specialists, some don't know sh*t and Bitcoin market is more volatile than the "rules" they want so badly to find out.
The morale of the story is: don't just go by various self-called specialists, some don't know sh*t and Bitcoin market is more volatile than the "rules" they want so badly to find out.
There was another expert a week ago telling us that is best to buy on Monday and sell on...I don't remember but I hope it wasn't Friday.
The biggest problem with those statistics is that even if they were 100% true the moment people would start following them and something like 10% of the buyers would really buy on Friday the prices will skyrocket during that period and dump even more on Monday so for some it would be a total loss.
Those things are like trying to guess the winning horse based on the winners's number from previous races.
You might hit the jackpot once but you're going to lose 3 times that when you draw the line.
The research is just getting the average price obviously it is not going to work all the time as you can see in the graph, it was just a statistics but it could be useful if we have statistics to compare.
Still, we need to analyze the whole market to understand the movement of the bitcoin market price but these statistics could be your basis in my opinion.
Every streak, winning or losing, will end, sooner or later. If you don't believe me you are free to try it. Gambling or trading, any kind of scheme you can think of will not work forever. People try to find patterns everywhere, a strategy that will work in a long run, but all they do is trying. Some strategy will work for some period of time, but losing streak can wipe out your balance when it comes.
Same is with this strategy, maybe you will make profit this and next week, maybe you will make profit entire month with this strategy, but next month losing streak is waiting for you if you continue with the same strategy, you can lose your profit and more.
Same is with this strategy, maybe you will make profit this and next week, maybe you will make profit entire month with this strategy, but next month losing streak is waiting for you if you continue with the same strategy, you can lose your profit and more.
I think this is only a co incident but won't occur at all weeks . There are weeks that will be normal , no extra ordinary movement when it was already on friday but there are weeks that prices are on hyped even if it not Friday .
But this can also be true because some people have a money on normal days and they can buy coins but they save before Friday because they want to chill out and spend the time on bars to party and stuff like that so they don't have the ability to buy a crypto .
But this can also be true because some people have a money on normal days and they can buy coins but they save before Friday because they want to chill out and spend the time on bars to party and stuff like that so they don't have the ability to buy a crypto .
People who say buying on Friday and selling on Monday, in my opinion it is a trader who does not really understand about technical analysis or fundamental analysis, it's just that people judge in terms of the average decline on that day and may buy it by chance on the day That friday.
Because basically the increase or decrease in the price of Bitcoin is not determined by a particular day, but because the highest or lowest point has been reached and sometimes due to news about the prohibition of Bitcoin in large countries around the world.
Because basically the increase or decrease in the price of Bitcoin is not determined by a particular day, but because the highest or lowest point has been reached and sometimes due to news about the prohibition of Bitcoin in large countries around the world.
I keep on seeing post like this that relates the movement in the price of Bitcoin from the days in a week. But, I don't really believe something like this because, there are really no laws and concepts that would prove that the value of Bitcoin or other crypto currency is high or low in a specific day.
You are saying that there is a permanent trend that is easily to follow, no, I don't believe on that, otherwise this market would easily be predicted and we won't see people complaining on why they lose their money.
Actually I read about this kind of article in the past, before the last bull run and I was still not convince as anytime the price would move depending on what pushes it to move, better analyze the news and the speculation in the market as both are two major factors that could really change the price.
Actually I read about this kind of article in the past, before the last bull run and I was still not convince as anytime the price would move depending on what pushes it to move, better analyze the news and the speculation in the market as both are two major factors that could really change the price.
Of course, it's easiest to say that the cryptocurrency market is unpredictable and this way you can beat down any theory. Most users will probably agree with you.
Statistically, this theory is correct. During the bull run it was much more likely to earn on increases by buying on Monday and selling on Friday. At this point, it is better to buy on Friday and sell on Monday, which would confirm that recent increases are not the beginning of the bull run.
I am not saying that this is a rule that will work every week, but statistics speak for themselves.
If we could see that way of how the market trend goes on, it makes us think that the market is purely manipulated and centralize. BUT it won't, and it may just a coincidence that this week's trend is quite similar for the past week and it doesn't mean that in the whole month we are in the same. It gives us a surprise for sure and I really don't think that people will have a synchronize thinking of selling their coins on Monday and buy back again by Friday.
And I know that people come to crypto without that consideration and they buy cryptos at different times or days. If this could be reliable, then we have to check it back next month to prove if the trend is working the same.
And I know that people come to crypto without that consideration and they buy cryptos at different times or days. If this could be reliable, then we have to check it back next month to prove if the trend is working the same.
You are saying that there is a permanent trend that is easily to follow, no, I don't believe on that, otherwise this market would easily be predicted and we won't see people complaining on why they lose their money.
Actually I read about this kind of article in the past, before the last bull run and I was still not convince as anytime the price would move depending on what pushes it to move, better analyze the news and the speculation in the market as both are two major factors that could really change the price.
Actually I read about this kind of article in the past, before the last bull run and I was still not convince as anytime the price would move depending on what pushes it to move, better analyze the news and the speculation in the market as both are two major factors that could really change the price.
The whole strategy was purely based on the movements happened on a specific day which isn't a good idea to act as a reference when to buy or sell.
Generally;
Buy on what you think the best time to make an entry.
Sold on what you think the best time to make an exit.
The whole crypto market is volatile. No way it will always adjust for all during Mondays and Friday. Instead of relying on that Monday thing, think of a strategy that will help us any day of the week. But if that's work for other people, then up to them to hold that market belief.
You can't really correlate days when to buy and sell your stash.
So it really up to you to decide when to sell your Bitcoin, specially when you see profits already. This is not a exact science, and we all know that as a speculative asset, the price could really change in an instant, so if you think you already made a good profit, then why wait for a certain day to sell? It doesn't make any sense at all. I guess you really need to be active watching the price movements to see what is the perfect time for you to maximize your profits.
So it really up to you to decide when to sell your Bitcoin, specially when you see profits already. This is not a exact science, and we all know that as a speculative asset, the price could really change in an instant, so if you think you already made a good profit, then why wait for a certain day to sell? It doesn't make any sense at all. I guess you really need to be active watching the price movements to see what is the perfect time for you to maximize your profits.
I don't think the answer is to try to find tricks and predicions, specialists and seers... BTC will not follow your wishes or any prediction (although some are better seers than others, they won't be always correct, or at least most times correct)
BTC prices are influenced by too many factors, including market makers
this last weekend has shown you that...
BTC prices are influenced by too many factors, including market makers
this last weekend has shown you that...
it makes perfect sense that price be at the lowest in weekend and starts going up as the new week starts. it is usually the case with other markets with their market open and close times.
BUT the problem is that it is not reliable! first of all there is no guarantee that price makes this kind of move every week. there simply is no reason for it. secondly it depends only on the trend. for example if we were in a downtrend then the start of the week could be a big crash as people start selling as they get the opportunity.
this type of strategy is more like the "blank month is a rising month" strategy that many had over the past couple of days and were disappointed every time! (blank is most of the months in a year but mainly from February to August)
BUT the problem is that it is not reliable! first of all there is no guarantee that price makes this kind of move every week. there simply is no reason for it. secondly it depends only on the trend. for example if we were in a downtrend then the start of the week could be a big crash as people start selling as they get the opportunity.
this type of strategy is more like the "blank month is a rising month" strategy that many had over the past couple of days and were disappointed every time! (blank is most of the months in a year but mainly from February to August)
Buy Bitcoin on Friday and Sell it on Monday?
Whales are to busy partying over weekend and have no time to suppress price down, so price rise up over weekend. Whales start their job on Monday and they successfully mange to suppress it until Friday.
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