When is the best time to trade a Bitcoin - page 8.

terrific

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Quote from: Altryist on February 10, 2024, 10:11:44 AM

Quote from: terrific on February 09, 2024, 05:54:29 PM

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

To choose the best time to enter a trade, you need to constantly monitor the market. You can't just look at the charts when you have free time and find the best trades. Trading is the same kind of work that requires a lot of time from a trader, in fact, it requires many positive qualities, which is why it is so difficult for anyone who wants to just start making money. But the possible earnings in trading can significantly increase the salary of an ordinary worker, which is why this activity is so attractive.

That is true, monitoring the market constantly is a must when you want to know the best time to trade. But as I've said, the best time is when you have the money ready.
When you're emotionally prepared and you think that you're ready to get along with the other trades trying to win against each other.
This is the reality of trading, you win, someone loses and for you to keep on winning, you need to be constant and keep on learning.

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jona which time do you go for day and night, I think the difference between day and night doesn't apply even on weekends, but we are talking about moments. Prefer to trade bitcoin in the long term, for daily trading using bitcoin is less effective, unless you trade in futures , as now is the right moment because the halving will be coming soon, I think this is the right time to trade with the DCA technique

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Big market movements are your friends. When everybody yells "SELLLL" that's when you should be buying. When everybody cheers "Mooon" that's when you should be selling. Monero went as low as $100 a few days ago when Binance announced that they were gonna delist it... Then it recovered to $130. I even posted a screenshot when it exactly hit $100 and even bought some when it was around $105. These are the opportunities you want. You need to wait and look for these sharp market movements. These are the times when fortunes are made.

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- Anytime you can trade Bitcoin, that's the beauty of cryptocurrency trading, unlike forex trading, which is only on weekdays. Then, as long as you have time or free time, you can exchange it in the market. But of course, if we are going to do this, it should not be done by those who have no idea or know anything about trading.

You must have knowledge for you to gain profit trading, because it is not easy to have an understanding here. It also takes time to learn because if we do not have knowledge, our trading activity will also be ignored.

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Quote from: Altryist on February 10, 2024, 10:11:44 AM

To choose the best time to enter a trade, you need to constantly monitor the market. You can't just look at the charts when you have free time and find the best trades. Trading is the same kind of work that requires a lot of time from a trader, in fact, it requires many positive qualities, which is why it is so difficult for anyone who wants to just start making money. But the possible earnings in trading can significantly increase the salary of an ordinary worker, which is why this activity is so attractive.

As short term trading, I check monitor or bitcoin chart every day and looking for bitcoin support price to buy back and sell it after raising up few percent. Its simple techniques for short term trading in bitcoin about when is the right time for investing, I think difference when long term trading not have to check monitor every time and checking with bitcoin have been in lower price or not before getting the best time for investing.
For trader have more enough time if want get effective best moment to buy or investing in bitcoin, but I doubt with any trader will watch out their time spending for checking with bitcoin chart and waiting what is the best time for investing in bitcoin.

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Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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

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.

You've to also factor in that your day time is another person's night, except you're advising someone of the same environment as you're. That means you really can't justify telling someone to trade at a certain time outside your vicinity. A better way would've been to point out certain indices you look at when picking your trades or the market open time (as is the case with FX trading). With that, others can rightfully apply it to their timezones. However, to the best I know, the only time not to pick trades will be when you don't have strong confluences from your signal or trading plan telling you to trigger trades or when you aren't in the right frame of mind. No one should trade when they're distressed or unsettled. That's a recipe for losses.

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Quote from: terrific on February 09, 2024, 05:54:29 PM

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

To choose the best time to enter a trade, you need to constantly monitor the market. You can't just look at the charts when you have free time and find the best trades. Trading is the same kind of work that requires a lot of time from a trader, in fact, it requires many positive qualities, which is why it is so difficult for anyone who wants to just start making money. But the possible earnings in trading can significantly increase the salary of an ordinary worker, which is why this activity is so attractive.

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Quote from: terrific on February 09, 2024, 05:54:29 PM

Quote from: carlfebz2 on February 09, 2024, 12:56:35 PM

Quote from: terrific on February 09, 2024, 11:51:01 AM

snip...

True, majority will really be that trading into that particular time at the same time on which we know that this thing isnt that possible or cant be happening. This is why it would really be that wrong on having those assumptions that there's a specific period on which a certain individual would really be making out those kind of assumptions that there would be a best time on trading Bitcoin.
Anyone could make out their own trades without having that kind of indications on which we know that this market could really move in a random way.
There's no specific fixed period on when these things would be kicking on.

This is why there's no way on knowing on what are those things or when things do starts to move out but of course everything would really be that depending
or basing up into the situation since there would really be factors on which it would really be affecting if we do speak
about movement in prices.

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

Spending more time analyzing and observing the market movement could help us understand and see when hit the buy and sell button. It is just about familiarizing the trend of a particular coin that we use to trade. There is no specific time to do it due to the volatility of the market and it will be placed at any time as long as we've done the analysis. Whether to trade day or night, doesn't matter but what is important is that we do this based on our TA and market predictions. We just know that there is no perfect time to trade, it only just happens at the time when we are comfortable with it.

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Quote from: goaldigger on February 08, 2024, 04:18:42 AM

Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

What day and night time to you will be different on the different side of the Earth, so this can't prove anything.
Not unless you assess your own time zone and see where the market moves on a specific time, this might help. The best time to trade for me is if you saw a good signal to buy and sell and not just because of the time but because of your analysis and a fact based decisions.

But, he didn't mention any time there. This may be because he is aware of that already, but wouldn't be?
It was only basic. Time difference is not a bad thing but it's good because this makes crypto trading possible every time, aside from the fact that they are highly volatile and then there are so many other factors that can affect their price.

You gave a good point there about the best time to trade but other than that, there are also called closing and opening time of the market. It can happen daily but the common one I heard is, it closes Friday evening because there are weekends which may be the rest day of most people. It will only resume Monday morning.

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Quote from: carlfebz2 on February 09, 2024, 12:56:35 PM

Quote from: terrific on February 09, 2024, 11:51:01 AM

Dude if there is a best time to trade Bitcoin, it is when everyone is active on it. Regardless of the day or night and its time, just like today when the price keeps on increasing. The market is very active at all.
Many think that there's no ending on this current run but there's always the correction that happens for real.
And if the pump seems to be active, just spot out when the correction will come.

True, majority will really be that trading into that particular time at the same time on which we know that this thing isnt that possible or cant be happening. This is why it would really be that wrong on having those assumptions that there's a specific period on which a certain individual would really be making out those kind of assumptions that there would be a best time on trading Bitcoin.
Anyone could make out their own trades without having that kind of indications on which we know that this market could really move in a random way.
There's no specific fixed period on when these things would be kicking on.

This is why there's no way on knowing on what are those things or when things do starts to move out but of course everything would really be that depending
or basing up into the situation since there would really be factors on which it would really be affecting if we do speak
about movement in prices.

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

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Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

The majority of individuals are unaware that investing in Bitcoin is a better approach to attain goals since some people lack the patience to hold onto their Bitcoin for an extended length of time, which would represent both a significant accomplishment and a substantial profit. For this reason, a lot of people constantly advise against investing in Bitcoin until you have a great deal of knowledge with it in order to prevent losing a lot of money and receiving no returns. However, everything will be simpler for you when you have a focal point for your investment, including market methods. Furthermore, Bitcoin differs significantly from gambling. What I mean is that you can acquire a Bitcoin, and hold it for an extended period of time, and be monitored the market. When you observe a high price, you can sell it and receive your meager earnings.

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Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

If people actually think that Bitcoin is similar to gambling, then there is something wrong with their understanding about Bitcoin. You won't lose all of your money if you make a bad decision when investing on Bitcoin as long as you know when to stop, but with gambling you will lose all your bets and it depends on luck. Sports gambling might have a chance to be manipulated with score management and such so that's a salt on top of the wound.

Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

Depends on where you live, others might get benefited with this but the others get disadvantaged. Make sure to use your best strategy and analysis before jumping to make a decision.

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Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

Time zones vary and this may be the problem. You can exploit market behavior based on your time zone - of course, it may not be certain whether it is day or night. If you really want to make a profit in the market - then do analysis. Usually technical analysis can help you predict where the price will move next - even if it's not always correct, you will probably know the pattern it works.

Simply put, you have to sell at a higher price than the buy price - but you have to determine when is the right time to make an entry. There are times when you will receive a loss after making an entry - there are also times when you will immediately get a profit which doesn't take long, but it's best to do an analysis before you start trading.

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Quote from: terrific on February 09, 2024, 11:51:01 AM

Dude if there is a best time to trade Bitcoin, it is when everyone is active on it. Regardless of the day or night and its time, just like today when the price keeps on increasing. The market is very active at all.
Many think that there's no ending on this current run but there's always the correction that happens for real.
And if the pump seems to be active, just spot out when the correction will come.

True, majority will really be that trading into that particular time at the same time on which we know that this thing isnt that possible or cant be happening. This is why it would really be that wrong on having those assumptions that there's a specific period on which a certain individual would really be making out those kind of assumptions that there would be a best time on trading Bitcoin.
Anyone could make out their own trades without having that kind of indications on which we know that this market could really move in a random way.
There's no specific fixed period on when these things would be kicking on.

This is why there's no way on knowing on what are those things or when things do starts to move out but of course everything would really be that depending
or basing up into the situation since there would really be factors on which it would really be affecting if we do speak
about movement in prices.

terrific

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Dude if there is a best time to trade Bitcoin, it is when everyone is active on it. Regardless of the day or night and its time, just like today when the price keeps on increasing. The market is very active at all.
Many think that there's no ending on this current run but there's always the correction that happens for real.
And if the pump seems to be active, just spot out when the correction will come.

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Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

the fact that bitcoin is readily available today provided one has the money to buy it, I really don't see it as an achievement and coming from an era that had faucets and the alike I really don't see it this way!

Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

I think two ideas are mixed up here...

If you talk of gambling and the outcome of this means losing what you risked, then this cant be compared to a holder keeping their bitcoins as an investment unless its some kind of leveraged trade and market when against your prediction!!

Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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

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.

Buddy this is gambling and the sooner you realise this the better .

If you want to trade and make money off these short/long moves then better invest the time to learn how to trade with a strategy and see your strike rate win and not using these day and night time strategies which seem to rely on luck!

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Quote from: ShowOff on February 08, 2024, 03:38:15 PM

Bitcoin is for long term investment, while altcoin are for short term trading, that's great mate.
There is at least a realistic timeframe to expect to sell bitcoin and make a good profit. Bitcoin is heading towards halving and in its history, Bitcoin halving has been a stepping stone to reach a new ATH.

Holding bitcoin for a certain period of time (at least until the end of 2025) is something that will most likely provide benefits to the holder. Don't know how much profit we will get, but if bitcoin really reaches $100k after the halving then we will all be happy. The prediction is clearly higher, but I will not target a price that may be beyond reasonable limits. $250k could be a new ATH, but it probably won't happen in the next bullrun.

The amount of profit of course depends on how much investment we make.
Bitcoin in the long term will provide extraordinary profits when we believe and believe that Bitcoin will reach a new ATH. $100k is a pretty reasonable price when the Bull market hits. Expecting Bitcoin to reach a new ATH and that will happen after the Halving occurs, of course you will be waiting for that moment to take advantage.

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Depreciates in day time and increases at the night? I think that not really simple like you said. Your assumption doesn't work at all. There are times when in your time zone it's midnight, but in a different place it's already daytime.

Some people buy Bitcoins and save them for the future. Investing with bitcoin is very possible now.

Sometimes people use Bitcoin for trading. When they see an opportunity for Bitcoin to rise and they enter to the market. And when the price rises, they will sell it and make a profit. But behind that, they has to do some kind of research or analysis so that they has data for trading. day or night is not a guarantee that prices will rise, but depend on the results of the analysis.

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Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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.

That is your preferred time but it doesn't mean that it proves it was the best time for trading. I do a trade when I have free time, more often after office hours, that is a night. I chose the time when I could spend more time and focus on the task. Time doesn't give us a reason to become profitable but it was our strategies, market analysis, trading pairs, etc.

A trader can choose when to trade but what is important is that we hit our target. If we can do more and free during the day, then do it.
Don't bother to trade if you are busy and have many distractions as it only leads you to the wrong sell/buy order, and one more thing, don't check the time but the market chart.

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Quote from: Bright0515 on February 07, 2024, 03:49:22 PM

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

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 don’t think traders use to have a specific time for them to buy bitcoin, or hold bitcoin or even trade them. If you are a good trader and can analyse the market well, you can trade with the market at anytime you wish to. With your fundamental and technical analysis of the markets it is enough for you to place trade at anytime you wish to. The exchanges don’t have an exact time that you’re required to place trade, it all depends on you. Your statement about when to buy and when to trade is just a speculation that many other people would have thought the same way or they’ll try to test it as you’ve said, if it doesn’t work out, you would lose some trust and won’t be acknowledged when next you drop something worthy for you that you needs solution to or people to emulate.

Topic: When is the best time to trade a Bitcoin - page 8. (Read 1789 times)