I don't fully believe that Monday is a good day to buy bitcoin because I don't think that weekly analysis will always be right. there is no right day or even the right month to be sure to buy at a low price at a certain time because basically the price movement of the bitcoin market cannot be controlled even it is certain when it will go up or down
I don't believe with Monday is the best time to buy bitcoin because almost one week become good moment and day for investing with bitcoin, just I think at the early morning is the most wonderful time for buying bitcoin, when I wake up always bitcoin have been raise to higher price and many time I got bitcoin back to higher price at the early morning time.
Topic: Monday Is the Best Day to Buy Bitcoin? - page 3. (Read 1168 times)
I don't fully believe that Monday is a good day to buy bitcoin because I don't think that weekly analysis will always be right. there is no right day or even the right month to be sure to buy at a low price at a certain time because basically the price movement of the bitcoin market cannot be controlled even it is certain when it will go up or down
I don't believe with Monday is the best time to buy bitcoin because almost one week become good moment and day for investing with bitcoin, just I think at the early morning is the most wonderful time for buying bitcoin, when I wake up always bitcoin have been raise to higher price and many time I got bitcoin back to higher price at the early morning time.
I don't fully believe that Monday is a good day to buy bitcoin because I don't think that weekly analysis will always be right. there is no right day or even the right month to be sure to buy at a low price at a certain time because basically the price movement of the bitcoin market cannot be controlled even it is certain when it will go up or down
I honestly don't get this chart:
What exactly does "Cumulative Return for investing on a specific day" really mean ?
Dollar cost averaging on a specific day with the samer dollar amount for several weeks ??
What exactly does "Cumulative Return for investing on a specific day" really mean ?
Dollar cost averaging on a specific day with the samer dollar amount for several weeks ??
if playing forex, it's true every Monday it's a good day to buy because the market opens every Monday and closes on Friday.
different with bitcoin do not know such terms, sometimes there are times where on Sunday bitcoin rises high, it is difficult to determine a day to buy bitcoin.
Having the same thoughts and similar thing i would tend to say that buying times or days can be applied here on crypto? I dont think so yet i havent checked the chart or graphs yet but i dont really believe into those particular times or days of the week for a certain trader or investor to buy bitcoin but basing on experience where usually price of btc do increase on weekends and drops on weekdays.different with bitcoin do not know such terms, sometimes there are times where on Sunday bitcoin rises high, it is difficult to determine a day to buy bitcoin.
It isnt that constant but these had been frequently happened on previous year 2019.I dont know if this would happen on this current year (this is just my observation though).
Maybe most of the people sell their bitcoin at the weekends since the market price increases that time and it is a good opportunity to sell their bitcoin making the Monday market price dump that is the price which is the best time to reinvest your money in bitcoin.
The best time and day to buy bitcoin is when you see bitcoin at your target price. You cant guess what will be the lowest price for bitcoin nor the highest, its just speculation or guess. I will buy bitcoin when it will come to 7000$ and I wont care what day it will be!!!
I honestly have never paid attention to bitcoin movements in such detail. and I think Monday is not only a good day to buy bitcoin. when bitcoin drops in large numbers that's the right day to buy bitcoin. like now bitcoin is down from $ 9k to $ 8.700 this is a good time to buy.
This our best opportunity to have while bitcoin price declines a fewer percentage, and while it dips silently we could accumulate a good sell. But we need to be more careful as of now, because the price might be too quick to go back at $8k range since we aren't certain for what may occur in the next few days of January.
Better to monitor the market since might it will dump more since the market is declining but don't expect for huge fall since I think we will not go deeper for $8k these days and this price stabilizing is a preparation for something good but let see how the demands comes up since if the price will not dump up to $7k we can get a high percentage that bitcoins will cross to $10k on upcoming months.
I honestly have never paid attention to bitcoin movements in such detail. and I think Monday is not only a good day to buy bitcoin. when bitcoin drops in large numbers that's the right day to buy bitcoin. like now bitcoin is down from $ 9k to $ 8.700 this is a good time to buy.
This our best opportunity to have while bitcoin price declines a fewer percentage, and while it dips silently we could accumulate a good sell. But we need to be more careful as of now, because the price might be too quick to go back at $8k range since we aren't certain for what may occur in the next few days of January.
It is!
When you consider the amount of people trading on weekends then it could be that they are dumping it all after.
But that is not every week.
I think I have already read this once in an article, forgot to bookmark it though and I cant remember the link.
Mondays had always been the start of the week and what will be left are those full time traders which means there are lesser.
When you consider the amount of people trading on weekends then it could be that they are dumping it all after.
But that is not every week.
I think I have already read this once in an article, forgot to bookmark it though and I cant remember the link.
Mondays had always been the start of the week and what will be left are those full time traders which means there are lesser.
I honestly have never paid attention to bitcoin movements in such detail. and I think Monday is not only a good day to buy bitcoin. when bitcoin drops in large numbers that's the right day to buy bitcoin. like now bitcoin is down from $ 9k to $ 8.700 this is a good time to buy.
if you look at the chart right Monday is the best day to buy bitcoin.
but it would be better if we bought it not only because it was Monday but when prices fell that's where I personally bought bitcoin.
but it would be better if we bought it not only because it was Monday but when prices fell that's where I personally bought bitcoin.
But, I feel like this is an insignificant difference compared to what bitcoin can do. Yes, maybe people going into market in some other market like stocks could have this kind of changes because weekend is not really something they can trade on, they are basically on and off type of market, you can't make trades at midnight (or give orders but can't execute) etc but on crypto you can have trading 7/24 and on weekends as well.
So, maybe there is some changes sure but on that type of small time change you can't make too much money, reality is that bitcoin just moved 20% in the recent weeks right? It also had a 5%+ fall as well? So bitcoin already has huge movements, on a market like this that is super volatile, Monday movements are really insignificant and won't matter.
So, maybe there is some changes sure but on that type of small time change you can't make too much money, reality is that bitcoin just moved 20% in the recent weeks right? It also had a 5%+ fall as well? So bitcoin already has huge movements, on a market like this that is super volatile, Monday movements are really insignificant and won't matter.
I don't think there is some rule that Monday is the best day for buying Bitcoin. Decline in price on that day is more coincidence than a pattern or rule.
I don't think that buying Bitcoin should be tied on any particular day in the week, the key is to watch the market and follow trends to make the decision when is the most favourable time for buying.
I don't think that buying Bitcoin should be tied on any particular day in the week, the key is to watch the market and follow trends to make the decision when is the most favourable time for buying.
Do not have to wait for Monday to buy bitcoin any day can also be done for you that is difficult when selling at a high price that we want, now that is difficult, it needs analysis to see its movements even though it is 100% not true.
Investing Bitcoin for the long term I think it's better than the short term which is not big in its profits.
Investing Bitcoin for the long term I think it's better than the short term which is not big in its profits.
I think because those who are weekly trader or daily have just returned from their holidays and started their trading activities on Monday, and also Monday is the perfect day where people starting their activities, so it makes sense if the best day to buy bitcoin is on Monday, besides that according to the article you've just provided the worst day to buy bitcoin is on Thursday and Wednesday, well this research is very interesting.
I think everything is just a coincidence because if that happens I'm sure there are people who will take advantage of that to trade and gain some profit. Bitcoin is just 10 years old I'm sure there is a coincidence all of the previous data in trading. I myself will buy if i see a downed price and i don't need to wait for Monday's to buyback. 
if playing forex, it's true every Monday it's a good day to buy because the market opens every Monday and closes on Friday.
different with bitcoin do not know such terms, sometimes there are times where on Sunday bitcoin rises high, it is difficult to determine a day to buy bitcoin.
Having the same thoughts and similar thing i would tend to say that buying times or days can be applied here on crypto? I dont think so yet i havent checked the chart or graphs yet but i dont really believe into those particular times or days of the week for a certain trader or investor to buy bitcoin but basing on experience where usually price of btc do increase on weekends and drops on weekdays.different with bitcoin do not know such terms, sometimes there are times where on Sunday bitcoin rises high, it is difficult to determine a day to buy bitcoin.
It isnt that constant but these had been frequently happened on previous year 2019.I dont know if this would happen on this current year (this is just my observation though).
I think because those who are weekly trader or daily have just returned from their holidays and started their trading activities on Monday, and also Monday is the perfect day where people starting their activities, so it makes sense if the best day to buy bitcoin is on Monday, besides that according to the article you've just provided the worst day to buy bitcoin is on Thursday and Wednesday, well this research is very interesting.
I don't believe in such things, come man maybe it was just a coincidence that the marks had happened always on Monday. For me the best day to buy bitcoin is when you see it on sale and you have the money to buy at your fullest.
Agree, im not telling you to believe the analysis. For sure as always buying low and selling it on the high price in the market is always the best method but since there is analysis I think for a short term investment this could somehow be profitable for traders or maybe it was just a coincidence that a lot of people sell their bitcoin on Monday.Monday is different because the weekend is different, it probably is worth a buy because there can be some negative pricing initially which develops and on average that could result in a gain on average due to a lowered price when buying on average. Its tempting to say Friday is a buy because quite often I think some selling ceases until the Monday again, I'm not sure if that idea will show on your chart and I would want to sell into the rise that occurs after before the possible sell orders that can occur on Monday as market open which have been closed. I think that point of some exchanges closing and others not is like two tides meeting, theres some mix or adjustment between them.
Yeah in the last year analysis it's Friday and then in the past month until this year, it becomes Monday. I think Monday is a good start, this is most of the time the day where a lot of people invest their bitcoin and bitcoin increases its average return or value through the week.
For sure it is not accurate we still need to study the market to guaranteed our profit but at least we have an idea what day to invest since we have their research or analysis in the market.
I haven't gone through any charts or the graphs, but during my trading practice I've experienced the starting days of week to have a low price compared to the weekend price. The graph now confirms the statement Monday is good for buying. This can be easily understood by taking the average for the past three or four months performance.
Bitcoin is more volatile during the weekends because the business are closed and volume is less during the holidays. Whales take advantage of this and pump or dump the bitcoins. Also Sunday is the closing of the week and i believe a lot of manipulation is done to close the week as decided by the whales.
Maybe it was just a coincidence but it already has analysis when means maybe a lot of investors or traders have this kind of practice.
Traditionally at the start of the week the retailer traders have more activity while the pros analyse their moves, maybe even trap them to engineer liquidity then drive the price in the direction they are looking for. If at the beginning of the week we have lower prices while at the end of the week we have higher prices it means that the institutional traders are probably bullish, but yet there are many intricacies within the market that are quite complex to fully understand.
Your charts look legit but I wouldn't base any investment decisions based on solely that factor. Remember, three times makes a trend!
For sure Your charts look legit but I wouldn't base any investment decisions based on solely that factor. Remember, three times makes a trend!
we still need to study the market before buying bitcoin but with the analysis at least we have an idea what is the best day to buy bitcoin.We have nothing to lose if they don't believe if there is a best day to buy bitcoin anyway.
Although I am not aware that there are certain days that are the best time or the right time to buy bitcoin, but I prefer to pay attention every day on the bitcoin chart to take advantage of opportunities when there is a decline to make a purchase.
and in my opinion all the good days to buy bitcoin and there is only a little difference in the movement in the garfik and all depends on the plans and beliefs of each.
You will get bigger chance when attention all day with bitcoin because you are ready when bitcoin want to grow up with higher price without waiting only with monday, just myth with bitcoin will grow up to higher price on Monday because bitcoin will growing to higher price after get positive news from investor and company without must in Monday. and in my opinion all the good days to buy bitcoin and there is only a little difference in the movement in the garfik and all depends on the plans and beliefs of each.
Jump to: