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.
Topic: Monday Is the Best Day to Buy Bitcoin? - page 4. (Read 1168 times)
What goings on with monday, what special on Monday to buy and invest with bitcoin because all days in one week are the same day for buying and investing with bitcoin, I think there are not special moment with Monday must buy and invest with bitcoin just checking when bitcoin look want to raise up with higher price without waiting only with Monday.
There are different theories of the best in buying Bitcoin, there are others say that usually the average bitcoin price lowest on Sunday but the nearest day also is Monday. Probably these days are the cheapest day but it depends on the market situations, you cant rely upon those theories. Even in monthly theories, others believed that bitcoin price will go up in the middle of the month because of high demand and it will down again on the last day end of the month.
Always remember this that always buy the dipping price and never sell, just hold bitcoin a valuable asset. IMO, any time is a perfect time to buy bitcoin as long as you can afford it.
But it could be best if we buy Bitcoin at a low price rather than at a high price.Always remember this that always buy the dipping price and never sell, just hold bitcoin a valuable asset. IMO, any time is a perfect time to buy bitcoin as long as you can afford it.
Yes, I'd never think also that the price will drop on Monday and it encourage me to take a look next Monday if we could still prove it. Until then, I'd never thought that the market goes like that.
But anyway, it is just a helping tip for everyone. Why not take a look also to find out that OP is telling the truth or not.
Looks like there is no more rest for every human being anymore.
The weekends which pumps the bitcoin price is a signal that people who are away from their day job are trading.
If it is Monday then, a huge sell might have had happened since they will be back to work.
But, what timeline is this? Monday of what country?
The weekends which pumps the bitcoin price is a signal that people who are away from their day job are trading.
If it is Monday then, a huge sell might have had happened since they will be back to work.
But, what timeline is this? Monday of what country?
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.
I agree. Maybe after such manipulations during the weekend, Monday is getting a good day to buy, since the market is exhausted and has not yet had time to recover after a stormy weekend
Nah, I don't believe such day time to buy Bitcoin because as long as I am convenient to buy due to various reasons I will buy no matter what day or time it is. There's no definitive day when will the price starts to dump or pump that's why buy at your own risk and that's how you will manage your risk of investment. A simple buy low and sell high will prove it all.
That's right, I don't believe it either because the price can go down in any days from Monday to Sundays, the chart that we are looking now that shows Mondays is just a coincidence because if it's not then it would be that easy to trade. The price can be affected by many factors and the price changes anytime with no specific day or what.
I usually buy Bitcoin on Thursdays and Sundays depending on the market situation in each week, and then I sell them all when the market enters Monday of the following week. That's how I often make short-term profits for bitcoin, sometimes I get a lot of profit with this approach. But besides that I also lose because this rule is not always true
Now regarding what day I usually purchase Bitcoin, it is random. I mean if I have seen the Bitcoin and other cryptocurrencies are drowning I will buy right away regardless of what day it is. Besides, as what OP shows on his chart I think it is just a coincidence that downs happens in Monday. 
I usually buy Bitcoin on Thursdays and Sundays depending on the market situation in each week, and then I sell them all when the market enters Monday of the following week. That's how I often make short-term profits for bitcoin, sometimes I get a lot of profit with this approach. But besides that I also lose because this rule is not always true
I am still doubtful about this. I have also observed that indeed the decline in bitcoin previously also occurred on Monday. But I did not make Monday as a benchmark for buying. if bitcoin goes down a lot then i will buy right away no need to wait for monday. and most likely the decline that occurred on monday was whale manipulation.
Nah, I don't believe such day time to buy Bitcoin because as long as I am convenient to buy due to various reasons I will buy no matter what day or time it is. There's no definitive day when will the price starts to dump or pump that's why buy at your own risk and that's how you will manage your risk of investment. A simple buy low and sell high will prove it all.
That's right, I don't believe it either because the price can go down in any days from Monday to Sundays, the chart that we are looking now that shows Mondays is just a coincidence because if it's not then it would be that easy to trade. The price can be affected by many factors and the price changes anytime with no specific day or what.
Buying bitcoin on monday or any day is good too but we have to look at technical analysis too I know that bitcoin has a bitcoin movement going forward.
Long-term investment in bitcoin is very good and minimal risk for me because Bitcoin has an increase and halving will be a mainstay for holders to get profits.
Long-term investment in bitcoin is very good and minimal risk for me because Bitcoin has an increase and halving will be a mainstay for holders to get profits.
There are different theories of the best in buying Bitcoin, there are others say that usually the average bitcoin price lowest on Sunday but the nearest day also is Monday. Probably these days are the cheapest day but it depends on the market situations, you cant rely upon those theories. Even in monthly theories, others believed that bitcoin price will go up in the middle of the month because of high demand and it will down again on the last day end of the month.
Always remember this that always buy the dipping price and never sell, just hold bitcoin a valuable asset. IMO, any time is a perfect time to buy bitcoin as long as you can afford it.
Always remember this that always buy the dipping price and never sell, just hold bitcoin a valuable asset. IMO, any time is a perfect time to buy bitcoin as long as you can afford it.
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.
even though you are trading on forex it should not have an effect on the price of bitcoin because the bitcoin platform with forex is very different, nobody knows when the right time to buy coins because all price movements depend on good news circulating and will have an influence on price movements bitcoin. 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.
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.
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.
And to add the fact that crypto trading happens 24/7 as users can do their trading at the comfort of their home. It is a bit different story when it comes to cryptocurrencies especially if there is some happenings going on, an unexpected turn of events and so it can happen anytime anyday.
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.
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.
Looks like I'm the bad idiot for never paying attention to which day of the week is important to buy Bitcoin;)
You're not alone mate, this got me thinking as well, as I never jot them the day when I usually buy BTC.
I think if you stop trying to make 1% more and save 1% on price, you'll be fine. OK great, so if everyone buys only on Monday this year, then wouldn't price stop being so good on Monday? People forget, for price to go up, it needs demand. I think it's safer to just get in as regularly as possible. Let everything else take care of itself.
Exactly, and as long as you know what you are doing, you will be fine I guess. There is also the dollar cost average, which can really help newbie investors on how to take care or at least have a good investment plan.
The thought about having a day just for buying Bitcoin is quite outrageous, knowing that it is a coincidence. Maybe people have a good time at the start of the week (depending on the place that you are) You could check this website for reference on how it differs in the start of the week in different countries. [1]. The majority is still Monday, and somehow, it could explain how much it could have an effect on the chart given, knowing that Bitcoin is global.
Maybe there could be a saying where
Start buying Bitcoin at the start of the week, don't ask, buy
Probably along those lines. We could see the trend as well on the second graph.
Thanks for the information as well.
[1] - http://chartsbin.com/view/41671
Maybe there could be a saying where
Start buying Bitcoin at the start of the week, don't ask, buy
Probably along those lines. We could see the trend as well on the second graph.
- Buy at the start of the week
- Never in the middle of the week
Thanks for the information as well.
[1] - http://chartsbin.com/view/41671
Nah, I don't believe such day time to buy Bitcoin because as long as I am convenient to buy due to various reasons I will buy no matter what day or time it is. There's no definitive day when will the price starts to dump or pump that's why buy at your own risk and that's how you will manage your risk of investment. A simple buy low and sell high will prove it all.
That's right, I don't believe it either because the price can go down in any days from Monday to Sundays, the chart that we are looking now that shows Mondays is just a coincidence because if it's not then it would be that easy to trade. The price can be affected by many factors and the price changes anytime with no specific day or what.
I also agree with this prediction, usually the price of bitcoin will fluctuate a lot at the weekend and the beginning of the week. But it's not really accurate because it doesn't always happen. Sometimes prices can rise on the first day of the week when the market is bad for the previous few days and vice versa. We can use this opportunity to be able to buy low and sell high in the short term without holding for too long
according to my analysis the market for 1W usually starts around 7 a.m. time around monday, that's where prices will be set for 1 week, so it's not always good Monday to buy sometimes on monday it can be an uptrend sometimes also down, so not forever Monday is good to buy, I assume Monday is the time where the 1W weekly analysis starts there at 7am, when the charts lead to the downtrend will last several days and vice versa, all traders can start trading on any day.
This is actually a pretty good catch and many don't know this kind of analysis and observation that you have. But AFAIK, this is only for trading stocks and I thought that it's only for that but little did I know that it's also applicable for bitcoin. For those that don't want to believe, you can try an experiment regarding the claim. I can't also believe but I'm open with this kind of observation.
Jump to: