This is such a good information, because as far as now I didn't notice it. It could help people to buy in the stating of the weeks and buying by the weekends so they can make at least a little bit profit. I will test it in the next few weeks and I will see if it's still working.
Topic: Monday Is the Best Day to Buy Bitcoin? - page 6. (Read 1107 times)
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.
if only people knew that buying BTC on mondays makes it more profitable than buying on any other day, i could have done it since day 1.
i took a peak to the article and was surprise the pattern they show starts way back from 2013. I think this started when some forex brokers added BTC on their platform, FOREX market sessions starts on monday and end in friday which i guess most crypto traders learned from forex.
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!
Your charts look legit but I wouldn't base any investment decisions based on solely that factor. Remember, three times makes a trend!
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.
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.
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.
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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