Doesn't it really make sense to you as well? I mean think about it, bitcoin has become something for the financial sector already so I can understand many people doing a long term investment to it.
However, when you think about it bitcoin is and has always been the investment product for many regular folks, regular folks do not have access to selling bitcoin and moving it to their bank accounts during weekends which means anyone who wants to sell their coins on Friday/Saturday/Sunday all have to sell it on Friday, for example if you need to sell it on Tuesday you can sell it on Tuesday and don't have to sell it on Monday, but you can't sell on Sunday so you have to sell it on Friday. Which means 3 days worth of sale all happens on one day which is Friday which makes it the cheapest day of the week.
Topic: Buy on Friday and Sell on Monday - page 4. (Read 799 times)
It works only when you don't try lol. I watched and tried this method several times. It was true the price started to increase on Friday, up to Monday then on Tuesday it then started to decrease.
I first noticed and watched this for like a month. Then I decided to buy to apply it (buy on Friday and sell on Monday before it start to decrease again) Guess what it never worked.
Then when I stopped to do it, it started again so I said to myself why not give another chance, and a third, etc. Well, it has never worked for me, so I gave up loosing a few thousand Euros.
#Rekt
I first noticed and watched this for like a month. Then I decided to buy to apply it (buy on Friday and sell on Monday before it start to decrease again) Guess what it never worked.
Then when I stopped to do it, it started again so I said to myself why not give another chance, and a third, etc. Well, it has never worked for me, so I gave up loosing a few thousand Euros.
#Rekt
Isn't it buy on Mondays and sell on Fridays? Though the assumption is too early to announce since that pattern has only appeared for the past 2 weeks only. Plus, the profit made isn't really anything huge so the effort might not be that much worth it. Plus, you've already said it yourself. It's a volatile market. Assuming a pattern based off of 2 weeks of market movement isn't really that of a good move. Not to mention the fact that Buying on Friday and selling on Monday puts you in a negative profit instead of a positive one.
Just buy BTC whenever it hit lows tbh. If you want to invest more that is. Stop selling everyt ime it drops and just keep holding them. Exit the market when you've already made a sizeable profit. We invest what we can lose, so don't make additional movements regarding analysis you don't even understand.
Just buy BTC whenever it hit lows tbh. If you want to invest more that is. Stop selling everyt ime it drops and just keep holding them. Exit the market when you've already made a sizeable profit. We invest what we can lose, so don't make additional movements regarding analysis you don't even understand.
The researcher found that the average lowest price of bitcoin was at 6 am UTC time on Fridays and the best time to invest or buy bitcoin.
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.
Still the market price of bitcoin was volatile the study is justs getting the average so you cannot rely on this analysis all the time.
This is the only correct part of the analysis imho.
Those guys who always falls into those sweet talks or so called TA's advice are the ones who lose so much.
Do your own research don't let them decide for your money.
I’m really surprised to know that people are so naive and they yet fall for such idiotic claims made by their analysts, and god only knows when will they realise that no one can predict correctly about bitcoin prices. @NeuroticFish very well said and I hope no one from here decided to purchase on a Friday and then decided to sell today, also I hope you guys will follow the basic rule i.e. buy bitcoins on the dips irrespective of the day, and sell it when you’re in profits.
I really stopped following this type of prediction in trading. If you know the price chart very well then you don't wait for Friday or Monday to buy and sell. Analysis of the price chart well and know when to buy and when to sell, you will be good. It is normal that Monday Bitcoin price will be less, as people spend their off day on Sunday by spending money. But today Bitcoin price grew well thank to losing value.
I saw the same thread before and also says that Monday is the buying day of the investors base on the chart. We can’t just rely on this one since the market can be different every day though maybe people believes that Monday is the start of the week and mostly people spend more time with their family during the weekend and on Monday they will continue to buy and that makes the price pump.
You can't relate to that, as a strategy. Well you can buy on monday 17.02.2020 and sell it on that monday where you have made a profit (if you ever do a profit), it this case you can be right. If you don't make your own TA, you just gonna end up as the other.. broke.
If the bitcoin price goes down under 5K again, I'll buy no matter what day it is
If the bitcoin price goes down under 5K again, I'll buy no matter what day it is
So this means that or even proven that Monday the price of bitcoin never fall down all the time just like what experts say here
https://coincodex.com/article/6648/the-best-day-to-buy-bitcoin-is-monday/
I think this is all been manipulated and I'd never believed that even Friday could be a good time to buy Bitcoin as well. I'd never think it was a joke or whatever it is knowing that fluctuations come around and it happens all the time no matter what day it was. Because in me, I'd never put in mind that today is Monday or Friday but as long as the price is acceptable to me, I'll put at risk buying Bitcoin.
https://coincodex.com/article/6648/the-best-day-to-buy-bitcoin-is-monday/
I think this is all been manipulated and I'd never believed that even Friday could be a good time to buy Bitcoin as well. I'd never think it was a joke or whatever it is knowing that fluctuations come around and it happens all the time no matter what day it was. Because in me, I'd never put in mind that today is Monday or Friday but as long as the price is acceptable to me, I'll put at risk buying Bitcoin.
The researcher found that the average lowest price of bitcoin was at 6 am UTC time on Fridays and the best time to invest or buy bitcoin.
If you would have done this in the week-end just passed, you would have bought at around 10240$ and sold at 9790$. Not a good business.
The morale of the story is: don't just go by various self-called specialists, some don't know sh*t and Bitcoin market is more volatile than the "rules" they want so badly to find out.
Still the market price of bitcoin was volatile the study is justs getting the average so you cannot rely on this analysis all the time.
This is the only correct part of the analysis imho.
Those guys who always falls into those sweet talks or so called TA's advice are the ones who lose so much.
Do your own research don't let them decide for your money.
If you would have done this in the week-end just passed, you would have bought at around 10240$ and sold at 9790$. Not a good business.
The morale of the story is: don't just go by various self-called specialists, some don't know sh*t and Bitcoin market is more volatile than the "rules" they want so badly to find out.
The morale of the story is: don't just go by various self-called specialists, some don't know sh*t and Bitcoin market is more volatile than the "rules" they want so badly to find out.
There was another expert a week ago telling us that is best to buy on Monday and sell on...I don't remember but I hope it wasn't Friday.
The biggest problem with those statistics is that even if they were 100% true the moment people would start following them and something like 10% of the buyers would really buy on Friday the prices will skyrocket during that period and dump even more on Monday so for some it would be a total loss.
Those things are like trying to guess the winning horse based on the winners's number from previous races.
You might hit the jackpot once but you're going to lose 3 times that when you draw the line.
The researcher found that the average lowest price of bitcoin was at 6 am UTC time on Fridays and the best time to invest or buy bitcoin.
If you would have done this in the week-end just passed, you would have bought at around 10240$ 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.
Still the market price of bitcoin was volatile the study is justs getting the average so you cannot rely on this analysis all the time.
This is the only correct part of the analysis imho.
Buy Bitcoin on Friday and Sell it on Monday?
A new Analysis that is against in my recent thread "Monday is the best day for you to buy your bitcoin?"
The researcher found that the average lowest price of bitcoin was at 6 am UTC time on Fridays and the best time to invest or buy bitcoin.
The research tends to find the open, close, high, and low for every hour of every week.
They found out that the market price on Monday and Tuesday has the Bitcoin price averaged 170 dollars higher than on Fridays. Meaning that Monday and Tuesday is the best time to withdraw your investment. Still the market price of bitcoin was volatile the study is justs getting the average so you cannot rely on this analysis all the time.
read the info here:
https://www.longhash.com/en/news/3272/Friday-Lows-and-Monday-Highs:-Bitcoin-Price-Patterns-By-Day-and-Hour
My Recent thread:
https://bitcointalksearch.org/topic/m.53657784
A new Analysis that is against in my recent thread "Monday is the best day for you to buy your bitcoin?"
The researcher found that the average lowest price of bitcoin was at 6 am UTC time on Fridays and the best time to invest or buy bitcoin.
The research tends to find the open, close, high, and low for every hour of every week.
They found out that the market price on Monday and Tuesday has the Bitcoin price averaged 170 dollars higher than on Fridays. Meaning that Monday and Tuesday is the best time to withdraw your investment. Still the market price of bitcoin was volatile the study is justs getting the average so you cannot rely on this analysis all the time.
read the info here:
https://www.longhash.com/en/news/3272/Friday-Lows-and-Monday-Highs:-Bitcoin-Price-Patterns-By-Day-and-Hour
My Recent thread:
https://bitcointalksearch.org/topic/m.53657784
Monday is the best day for you to buy your bitcoin? 
Source:
https://cointelegraph.com/news/new-analysis-finds-that-mondays-are-the-best-days-to-buy-bitcoin
https://www.cryptoglobe.com/latest/2019/11/monday-is-the-best-day-to-buy-bitcoin-data-shows/
In the graph, we could easily see and conclude that Mondays are the top average return of all days in a week. Also, we could see that Wednesday and Thursday that has average return of -0.09% and -0.23%.
In my opinion, I think for long term investment these days doesn't really matter anymore as long as we do buy low and sell high in the market, but I do believe that this analysis is on point in weekly investment or short term investment.
What are your thoughts about this?
Source:
https://cointelegraph.com/news/new-analysis-finds-that-mondays-are-the-best-days-to-buy-bitcoin
https://www.cryptoglobe.com/latest/2019/11/monday-is-the-best-day-to-buy-bitcoin-data-shows/
In my opinion, I think for long term investment these days doesn't really matter anymore as long as we do buy low and sell high in the market, but I do believe that this analysis is on point in weekly investment or short term investment.
What are your thoughts about this?
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