Pages:
Author

Topic: When is the best time to trade a Bitcoin - page 2. (Read 1781 times)

full member
Activity: 924
Merit: 100
Trading is not easy to process. Trading is to risk and most investment process. It not easyway to get the profit. Time is value of the trading proces. So don't invest in trading process without trading Knowledge . Knowledge is improtant for the trading. It any time to up and down the propcess. We need know about the martket proces and trading Knowledge. Then easy way to tard and get more profit.
hero member
Activity: 1428
Merit: 592
Yeah I understand that all time zones are not the same. But at the same time you don't stay everywhere, when you want to trade online you will not consider the time zones of other places but your own so as to favour you.

As at when I dropped this post, in my country Bitcoin operates just as I have highlighted it here. There are factors that can affect a business it can be time, it can be place and also date maybe. I don't know where you are from but you have to consider your country time zone.

To trade, we don't look at time zones where we don't live, but generally we will look for opportunities when prices fall.
This means that the time zone process does not determine a person's steps but rather other considerations regarding price.

I am not saying that time zones are not important, but I am just commenting on the issue of morning time zones on the depreciating value of bitcoin.
If that is the benchmark for trading then I think it will be very difficult for people who live in different zones because they have to wait for the evening to enter into a trade, because in your country the morning value of Bitcoin depreciates more often.
Trading is not like that and people have different strategies, when you get a good buying moment you can do it whenever you want, you don't have to wait for night or morning.
member
Activity: 131
Merit: 10
This statement of yours may not always be correct. If you always rely on this strategy and trade, you may lose. Because it is very difficult to tell when the price of Bitcoin will go up and when it will go down. It is uncertain. I have also seen the price drop many times at night. So I would suggest not always trading Bitcoin based on this policy. It will be good for you.

hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.
Day time for you probably night time in other side of world, so this suggestion isn't going to work imo.

The best time to buy Bitcoin is just whenever your heart desires and it just depends on what type of trade do you want, is it short-term trade or long-term trade? And how much time do you willing to put to actually look at the price at anytime to ensure the best result and sell whenever you feel like it. There would be in the future that the price would have a new resistance point so you would get the profit if you are patience enough.
full member
Activity: 616
Merit: 191
             -   Now is a good opportunity to buy Bitcoin. If you have the opportunity to buy it, then hold on and take advantage while there is an opportunity, because as long as Bitcoin is in the consolidation period, we have the opportunity to accumulate it if we have the opportunity to actually buy it.

It's hard to buy if, after consolidation, it's all about an uptrend, and it's hard to keep up with that because, for sure, you'll be left behind in its price because the price value of bitcoin in the market is unpredictable.
Actually any time is the best time to buy bitcoin because as you said it is difficult to predict when the lowest price of bitcoin will occur. Instead of missing the moment or missing the price, it's better to buy now and hold until the target is reached.

The point is, don't buy bitcoin with all your money, that's the key. Because many people experience losses when investing in bitcoin because they mismanaged their finances, so when bitcoin goes down they panic and sell it. Even though we know that bitcoin is very volatile, so using enough money to buy bitcoin will make you comfortable holding bitcoin for a long period of time. Because basically bitcoin will not make you a loss unless you sell it at a falling price or you lose access to your wallet.
sr. member
Activity: 546
Merit: 309
I think I have seen two or more places where people are saying that bitcoin investment is like gambling where they bet and expect some specific results. To me I can't still adhered to that saying because bitcoin investment can never be termed as gambling or betting, why because when you bet and you lose your money it's irreversible meaning you lost your money but with bitcoin when price drops you can only have patients while the price comes up again then you may decide to sell off your asset at the favorable price which you wanted.

If you compare bitcoin with gambling, it will be very stupid. Because there is a lot of difference between gambling and investing in bitcoin. Gambling can multiply your money in a moment and lose it completely in a moment. But if we invest in bitcoin after investing.  If the bitcoin market gets dumped then some losses will be faced. If you wait for some time after the dumping, they will recover very quickly. If you want to invest in bitcoins, it is best to invest for a long period of time. So I think investing in bitcoins.  And there are many differences between gambling.
sr. member
Activity: 840
Merit: 292
             -   Now is a good opportunity to buy Bitcoin. If you have the opportunity to buy it, then hold on and take advantage while there is an opportunity, because as long as Bitcoin is in the consolidation period, we have the opportunity to accumulate it if we have the opportunity to actually buy it.

It's hard to buy if, after consolidation, it's all about an uptrend, and it's hard to keep up with that because, for sure, you'll be left behind in its price because the price value of bitcoin in the market is unpredictable.
hero member
Activity: 910
Merit: 636
In general, this is not a simple question and there is no clear answer to it. But if we start from the past price values ​​of BTS, then we will probably find several factors that influence the price. I will try to list what I personally have noticed over the years in the cryptocurrency market, so the price is influenced by: Fed interest rates, liquidity in the market, the involvement of the number of people in the crypto market, the possibility of entering and exiting a lot of money (this is only possible if there is transparency and the rules of legality are clear in a specific country).

I also want to say that Bitcoin is a deflationary asset, and most likely it will rise in price slowly but smoothly, and the sooner you enter it, the better. Such declines that have occurred in the last few days are the best time to buy.
member
Activity: 215
Merit: 60
Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it
I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well

If you have an idea and knowledge about bitcoin then I am sure under no circumstances will it make you panic.
If you see bitcoin depreciating at night, then what about some people living in other countries. For example, where you live it is already nighttime and where other people live it is already daytime, time zones in countries are different and it is impossible to say that Bitcoin depreciates during the day.
There is no need to panic because bitcoin can always recover and that process is what makes bitcoin much safer to use for trading.

Quote
So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.
Trading is not as easy as you imagine because if trading were that simple there would be many people involved in trading.
In fact trading is much more difficult to carry out and buying bitcoin during the day then in the afternoon bitcoin can go down or up.

Yeah I understand that all time zones are not the same. But at the same time you don't stay everywhere, when you want to trade online you will not consider the time zones of other places but your own so as to favour you.

As at when I dropped this post, in my country Bitcoin operates just as I have highlighted it here. There are factors that can affect a business it can be time, it can be place and also date maybe. I don't know where you are from but you have to consider your country time zone.
sr. member
Activity: 798
Merit: 364
So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.

I believe you’ve also observed where there’s positive trends in the market during day time and you’ll wake to see everywhere red in the market. There’s no manual for this and it happens once or for couple of times doesn’t mean that’s how it normally operates.

By the way, going by the topic of your thread the best time to trade is when you’re ready to lose money. Trading especially the way you explained in your post is absolutely a waste of time and coins. Hold, hold and hold until you are satisfied to sell and achieve the aim.

This can only be a huge misconception about Bitcoin, it is never like a football betting and never will it or other trading and investment assets be. This is how you guys relate things that are not supposed to be related together to confuse others, and having such a disposition will never let you grow in the industry.

A very big misconception indeed. It’s also misleading because some people here especially the newbies who are very desperate to make money out of everywhere might want to give it a trial to buy in the day time and ready to sell in the late night hours. It’s every newbie belief to have find a way to take advantage of the market but in the long run, they’ll understand it’s not as they assumed.
hero member
Activity: 1428
Merit: 592
Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it
I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well

If you have an idea and knowledge about bitcoin then I am sure under no circumstances will it make you panic.
If you see bitcoin depreciating at night, then what about some people living in other countries. For example, where you live it is already nighttime and where other people live it is already daytime, time zones in countries are different and it is impossible to say that Bitcoin depreciates during the day.
There is no need to panic because bitcoin can always recover and that process is what makes bitcoin much safer to use for trading.

Quote
So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.
Trading is not as easy as you imagine because if trading were that simple there would be many people involved in trading.
In fact trading is much more difficult to carry out and buying bitcoin during the day then in the afternoon bitcoin can go down or up.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business.
Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.
This can only be a huge misconception about Bitcoin, it is never like a football betting and never will it or other trading and investment assets be. This is how you guys relate things that are not supposed to be related together to confuse others, and having such a disposition will never let you grow in the industry.

Fine, earning through Bitcoin is risky, but still, many people are trading and investing it to make money. Some are even living and sustaining their families and dependents through Bitcoin, so you don't downgrade it just like that. You only need to know how things work with it, but note, that it will never be easy as many would preach to you. However, if you want it easier, you need to invest and shun trading, but if you have that risk affinity in you, you may trade and leave investment, or better still, do both. That is what I do and I can assure you that dealing with Bitcoin is so profitable. Nevertheless, you need to do your part.

You need to, above all other things, know how to speculate. Reading your chart and being proficient in handling your psychology and management right will make you unstoppable. But don't forget, "practice makes perfect," Bitcoin trading and investment is not what will start yielding for you immediately, it might take you years of training to perfect this.
sr. member
Activity: 826
Merit: 460
there is no right time for us to be able to determine whether prices will increase or even decrease, the world of trading is very difficult to predict, even experienced people can make mistakes, you must have a strategy and it is important to do research to make it easier for what you want to trade

When you buy you have to bear the risk. because behind the profits there are risks that we have to bear
hero member
Activity: 784
Merit: 672
Top Crypto Casino
Real and effective traders always find ways to win on their trades regardless of when the trade is taking place.
Yes, I agree but sometimes even top traders wait for right time to open their trades, however most of the times traders who are good at trading especially the ones good at doing technical analysis can make profitable trades anytime.

I'm someone who trades on daily, weekly, and sometimes monthly basis and I can confirm that sometimes we traders do need to look for the right time to place our trades especially on times when market's conditions aren't too good.

I avoid trading when the market gets less volatile because as a crypto trader one can earn more profits when market is more volatile. I always wait for volatile market conditions and when I see those conditions then I do my trades.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Even if you know the right timing in trading, if you don't have knowledge of trading, doing the best trade like that is also irrelevant. Because having deep knowledge of trading is an advantage for us to get earnings in Bitcoin and cryptocurrency.

Because, whether it is the best timing or not, you will be able to make a profit in the trade for sure. That is the true definition of a trader—the type who doesn't choose time if you want to grind profit in the cryptocurrency business.
Real and effective traders always find ways to win on their trades regardless of when the trade is taking place. Trading is not just about trading on its right timing, but it's more on knowledge, skills and working strategies that will guarantee your trading profits. If you lack any of them, your trades will still end up useless and eventually lose your funds. So don't just focus on when is the best time to trade, but work on your strategies most likely so that winning your trades will be highly possible.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
Thus it is difficult to say at what time you can profit by buying Bitcoin. The market is changing every moment so you have to keep an eye on the market and when you see that the market may go well next time you should buy bitcoins and when you see your expected profit you should sell. I think that since there is no excess volatility in the Bitcoin market, it is always possible to trade in the Bitcoin market if we can do this trading in the right way. 
Crypto trading is basically not that easy there are many things to check and then trade. If you want to trade Bitcoin then I would tell you to learn about it first and prepare yourself to take risks. If you buy Bitcoin, you can gain and lose, you have to accept these two. If you can accept these two, then you can trade with Bitcoin anytime by looking at the market.


Anything can happen in bitcoin their is no exact time for anything especially buying and selling that is the most important. Knowing when to sell and Knowing when to buy. When you understand does two period you won't have a problem. That is part of the little things that will help when you are holding. Some people little things they are already bothered and start panicking and if you allow your emotion  to rule us then you won't go far. Because emotions contributes a lot. Its usually very simple when the price is down buy when it is high you sell to get back your profit and use the capital to buy again when the price is low.

People are always looking for an easy way and nothing is easy especially when you want trade you have to have knowledge and learn how to do technical analysis because if you don't learn technical analysis their is no way you can trade because the analysis is what will be used for the trading. The beginning is usually not easy but when you are consistent you will get better at learning. If you get better at learning how to analyze then one of the problem have been taking care of, it is left to use small amount of money to actually learn before coming in fully.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
By my reckoning By my reckoning the best time to invest in Bitcoin is when positive news or events are expected in the market.  At such times the demand for Bitcoin may increase and prices may go up.
It's actually the opposite with the belief of most of when the right time to invest in Bitcoin and that is during the market crash happens. When there have a lot of negative news in the market, that's actually why many wait for the dip because that's how it goes when you want to enter the market. While it's fine to invest during positive and up but you'd expect that the next of it is gonna be a crash and so, that's why the opposite time is the better time to invest.

But, if you want to invest for a long period of time you can use a DCA strategy because in this we can get double profit.  If prices go down you can take advantage of buying the dip and buy more bitcoins on the cheap.  This approach reduces risk and can protect against market volatility.
That's it.
You buy when the market is down and if you can DCA, that's better. But no one stops investors to invest with a lump sum. Personally, I'd choose to lump sum if I have the big amount of money and if my target price has been hit.
hero member
Activity: 938
Merit: 552
Bitcoin might be like gambling for those who invest in morning and want good return in the evening. There might be few day traders who have got good profit but real profit in Bitcoin comes if you invest for long time. Try DCA or lump sum investment over a longer period of time and you can notice how secure and profitable Bitcoin is. Refer to historical price of bitcoin and it will be clear that Price of Bitcoin is always going up with time, you just need to have patience to HODL.

Bitcoin is too heavy with someone with less than a Bitcoin worth to gain something trading it, the only way you can make money from it is doing DCA as you said instead of waiting for one big money. Imagine trading Bitcoin with $300 and you think of making something big from it when Bitcoin averagely print 5% and it's not assured that you will get that % and you will also pay trading fees, you will most likely make nothing trading it if you factor loss too. If one is buying $20 worth of Bitcoin every week now that Bitcoin is dumping, it will help pay them trading it. If that can be sustained for a year, that's going to be $1000 after a year and there are days the person can be lucky to buy dips that after the average weekly buy, he or she will even make more money holding.

I forgot to say that Holding Bitcoin don't make you loss money as long as you never sell, there is always profits if you can just be patient with the process but trading will give a lot of mistakes that if the market last long in a bear market, you will hardly makes something from the market, hodl remain the best strategy for Bitcoin.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I think I have seen two or more places where people are saying that bitcoin investment is like gambling where they bet and expect some specific results. To me I can't still adhered to that saying because bitcoin investment can never be termed as gambling or betting, why because when you bet and you lose your money it's irreversible meaning you lost your money but with bitcoin when price drops you can only have patients while the price comes up again then you may decide to sell off your asset at the favorable price which you wanted.
The point is that we can talk about anything as much as we know about it and people who compare Bitcoin to gambling even don't know much about Bitcoin. Yes, that's why they talk so much about Bitcoin, believe me, some people have never invested themselves, they hear about it and then start spreading it. We use Bitcoin to invest and get profit. If the market goes down, we have to wait or we have to buy more but those who don't invest in Bitcoin are ignorant of everything, that's why they call Bitcoin gambling.

I can say in my dream that people who do future trading take a lot of risks because if your prediction is not right then you lose a lot of money. However, even future trading is not like gambling at all. Because in gambling bets, if you lose, you lose all your money, there is no stop-loss option, whereas, in futures trading, there is a stop-loss option.
sr. member
Activity: 616
Merit: 274
I think there is no best time to trade in bitcoin, you can trade in bitcoin anytime you want in any situation if you have money. If you are not experienced in this matter then never do trading but for trading a person should always understand the market and be wise. And if you are not so experienced in trading then you can invest in bitcoins to hold for long time. I think investing is better than trading because in trading there is bound to be loss when there is volatility in the market and many times people get emotional. So it is best to plan to invest with patience and keep bitcoins invested never face loss rather invest and hold bitcoins.
Yes, of course trading in the short term is not easy to succeed in getting the results we want, of course the risks are definitely very large compared to long-term investments. Usually investors differ in how they invest their money in the market, some wait until there is a big decline before putting their money. There are also those who don't care about the price, still investing every month. With this DCA technique, of course we will get the average price of our investment itself. Of course, these two things are very good for getting the price we want. Sometimes if we keep waiting, it is not certain that the price we want will come true. As we know, we cannot predict market prices perfectly.
Pages:
Jump to: