When is the best time to trade a Bitcoin - page 9.

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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 should not forget that the Earth is round and when you have day, there will be night on the other side. But as practice shows, the best time for a trader will be when he gets enough theoretical knowledge and reinforces it with experience.

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

When is the best time to trade a Bitcoin

Wanting to blame circumstances is impossible because trading can be done at any time on any desired coin including Bitcoin. In my opinion, the crypto trading experience is different from other types of trading.
Whatever trading is done with methods and strategies. Not done or done haphazardly.

I will no longer answer the title specifically because for me Bitcoin is a long-term investment with the hope that I will get a profit from a price return of up to 50%. Another option that I implemented, as long as the new ATH has not been reached, Bitcoin will be more useful if it is in the wallet.

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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.

Of course, sometimes the time zone is very influential. Because of this time difference, it can influence global trading activities. Meanwhile, trading activities are usually carried out at certain times and this usually has quite an influence on market changes. But the difference is the time zone between us or some of us. If it's for day trading and even more so for doing short day trades with market futures, maybe in my time zone it's actually in the morning. That's why I have most of my trading friends who usually don't go to sleep until morning and wake up quite late. Because the evenings and mornings are used to be at Amrekt. But who knows what time it is in other time zones. because of course it will be different. It could be afternoon to evening time in other time zones.

One of the important things is for us to understand market habits. so that you can act optimally so that you can also provide optimal profits as well. So, we have to understand several things related to trading, not only about indicators and others, but also market habits at certain times.

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Quote from: AakZaki on February 08, 2024, 02:16:45 PM

I don't trade Bitcoin in the short term, only buy when the price DIPs to add assets and increase profits when the price starts to rise. Besides, my Bitcoin target is still quite far away, it hasn't touched the final ATH yet. It should at least touch a new ATH in the $100k price area and I will wait for that price, while waiting to buy gradually. Short-term trading is only for potential altcoins with high volume and volatility.

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.

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I don't trade Bitcoin in the short term, only buy when the price DIPs to add assets and increase profits when the price starts to rise. Besides, my Bitcoin target is still quite far away, it hasn't touched the final ATH yet. It should at least touch a new ATH in the $100k price area and I will wait for that price, while waiting to buy gradually. Short-term trading is only for potential altcoins with high volume and volatility.

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I don't think there is a better time to trade, to me any minute or hours of the day is ok, the most important thing is for you to know what you are doing, how knowledgeable are you in technical analysis and how to navigate your way while trading, from being patience to knowing when to stay off the market and knowing the market structure so as to know what to do next is the most important thing, not the hour or minutes of the day, so if you really want to be better in trading so as to be profitable, then you have to seek knowledge first, because when you have the trading knowledge trading become more easier for you.

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Bitcoin is not good as a coin for trading because later traders who use Bitcoin for trading will value Bitcoin the same as altcoins.
Leave Bitcoin as an asset that is safe from worrying about rising and falling prices. Many people do this by making Bitcoin a long-term investment asset rather than making Bitcoin an asset for trading. The aim of trading Bitcoin with the aim of making Bitcoin a long-term investment asset is the same, namely profit.
If traded, profits will be made but only temporarily. However, in long-term investments, the profits obtained are greater according to the amount owned.

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.

IMO, for me this is something that cannot be justified because it is often out of reach.
It's not uncommon for the opposite to happen. Buying Bitcoin before the price reaches its previous ATH is always a good thing to do.

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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

In order to achieve success in Bitcoin investment or trading, it's crucial to have patience, which means being able to wait calmly without getting anxious or rushing decisions. However, having confidence in your patience requires having a solid understanding of Bitcoin. When you possess knowledge about Bitcoin, you're more likely to trust your decisions and remain patient through market fluctuations. Conversely, someone lacking knowledge about Bitcoin may struggle to maintain patience because they lack the confidence in their understanding of the market.Therefore, knowledge serves as the foundation for confidence, which in turn supports the patience needed for successful Bitcoin investment or trading endeavors.

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

Your observation is really funny to me because I believe that Bitcoin doesn't have a specific time period for fluctuating prices, but the fluctuation depends on the buyer and seller at that particular time. The price of Bitcoin can go up and down very well at any time, but I will just say that the time you always check the price of Bitcoin is always night.

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Quote from: irhact on February 08, 2024, 12:16:34 PM

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

What's your timezone, your night time might be the hours of the day for others that are more active in the cryptocurrency markets and this is the reason why you're noticing Bitcoin increase more when you're sleeping . Asians are some of the most active traders in the market and they'll be trading during this time when it's the night in your country. But apart from this, there's no best time to trade Bitcoin. Bitcoin is a 24 hours market that is open to everyone in different part of the world.

I haven't observed what you're saying but I know that when some countries that have very active traders in the market are asleep, the market is always dull as there's not many individual trading in the market. Traders in China, South Korea have influence on the market due to their population and influence but there's no special time. You can trade in the bear market and also trade in the bull market.

Totally that different to each other if we do speak about into those timezones or frames on which we know that crypto market is open 24/7 and this isnt something like to those traditional markets that do only have
those specific days for you to make trades like on just on weekdays and having none on weekends. Best time to trade Bitcoin? There's no best time because it could move out randomly on a certain period of time
and this what makes it even more harder to trade but if you are someone who had decided on just simply holding it for future runs or goals then these things wont really be an issue or bothersome into your part.

So trading actively would really be on someones choice whether they would really be actively dealing with those moving prices or not.Yes, it is really that something that could give out that kind of
chances for you to make more money or profits without needing on holding for too long but you would really be mainly needing to face its volatility and this is something that not all traders
do really end up well because tons of factors or having no factors at all on which it causes for it to move on the least we do expect.

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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

What's your timezone, your night time might be the hours of the day for others that are more active in the cryptocurrency markets and this is the reason why you're noticing Bitcoin increase more when you're sleeping . Asians are some of the most active traders in the market and they'll be trading during this time when it's the night in your country. But apart from this, there's no best time to trade Bitcoin. Bitcoin is a 24 hours market that is open to everyone in different part of the world.

I haven't observed what you're saying but I know that when some countries that have very active traders in the market are asleep, the market is always dull as there's not many individual trading in the market. Traders in China, South Korea have influence on the market due to their population and influence but there's no special time. You can trade in the bear market and also trade in the bull market.

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

When is the best time to trade a Bitcoin

For me doing crypto trading activities, whenever I want to do it I think it's fine, trading for me is an activity that doesn't know the time to do it, right now, today I think it's not a problem.

But the most important thing in crypto trading is that we have to understand the real science of trading so that we can overcome real losses, analysis, charts and the type of crypto that we want to trade. I think that is important before continuing to the crypto market.

Remember crypto trading is not the same as doing other trades, you need to understand everything about the market and crypto, where is the right time to do it, by knowing all that you will know the right time to carry out trading activities.

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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.

It's your opinion, but the thing is, there's no such thing as a philosophy about trading bitcoin day or night. The thing is, there is no definite time when is the best time to trade; it will be based on your own analysis or technical analysis and the market trend, so there is no basis for your statement. Or at least state some proof or basis about buying bitcoin during the day and selling it at night. It doesn't mean that when it's night, many traders are inactive, so the market will slow down. No, because there are different time zones in the world, so no matter what time it is, day or night, the effect of it doesn't do anything about bitcoin trading. But if you are thinking that way and it's actually working, then it's good for you, but I'm sure many traders here will react and say the same thing: there is no basis for trading bitcoin day or night.

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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.

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.

Bitcoin definitely has no daytime and nighttime activity, these are some of your personal observations, perhaps some kind of temporary coincidence, or something like that. If you are looking for the best time to trade Bitcoin, then this is a certain bull market, when everything is growing, or periods of flat, when the price can move in a certain corridor for a long time, the rest of the time will be quite difficult, and day trading will be especially difficult, I assume which you are talking about.

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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.

If you already saw that Bitcoin has up and down, gives you and other people loss and profit, with trading, is it enough evidence for you to avoid trading?

Trading is risky and your words show that you knew about risk.

Beyond trading, you can holding and investing in bitcoin, don't trade it. If you are still doubtful about chance to get profit with holding bitcoin as your investment, let's see the ROI chart.
https://casebitcoin.com/charts#roi_chart

If you can hold it, you can get rich.

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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.

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.

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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

If you don’t have patience, you can’t invest in bitcoin, and if you have basic knowledge about bitcoin, then you won’t be scared even if bitcoin is dumping, because people who have experience and have stayed long in the crypto space know that no matter how bitcoin dumps, if you can just hold, then bitcoin is going to bounce back. It might just take a little time. That’s why you need to have patience. If bitcoin price is depreciating, it’s giving people the opportunity to accumulate more bitcoin and not to be scared and sell off their holdings.

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

Maybe you are the only one that notices the observation, but I know bitcoin does not have a specific time that the price goes up, and when the price comes down, if bitcoin has that pattern, then all traders will be rich because they will be following the pattern and making money.

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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

Man, you have to rethink this thing that you have written. I like in Nigeria and my time zone is WAT. We are 6 hours ahead of those in the United States of America. That is to say that right now as of writing this, it is 04:20am Thursday, in Nigeria is but it is 22:19 Wednesday, in Washington, DC, USA. Therefore, according to your logic, the best time of the day to buy or trade bitcoin in Nigeria is not generalizable to other countries

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.

I'll tell you this, watch the market. buy low and sell high.

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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,

From my perspective, owning BTC isn't that big of a deal. Maybe I'm just used to having some BTC. But for others, it could be a really big achievement.

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.

Is everything with a hint of uncertainty considered gambling, even things with potential? Sorry, but I don't see buying Bitcoin or trading as the same as gambling. Sure, luck plays a part, but investing in Bitcoin isn't like the kind of betting you're talking about.

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.

Maybe that's just how you see it. If it was such a predictable daily cycle from the get-go, then no one should fail at Bitcoin trading. Bitcoin still remains a high-volatility asset, and even a longer timeframe than 24 hours can't guarantee the same patterns every day. That's why shorter timeframes are tougher to pin down into a cycle.

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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.

Bitcoin on the spot market is nothing to watch, believe me it's boring. Bitcoin tends to be more stable than other assets, you'll sit longer in front of your monitor. Another way is just take this and make your time more productive to achieve this goal, "Buy the DIP, and HODL!"^[1].
Bitcoin isn't a short-term asset, but its sustainability and future are guaranteed. forget about CEXes and join the HODLer's club ^[2].

1. https://bitcointalksearch.org/topic/buy-the-dip-and-hodl-5132720
2. https://bitcointalksearch.org/topic/not-your-keys-not-your-bitcoin-5165105

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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.

First of all you need to be more specific as the forum is open to people all over the world, so we have no idea what you mean when you talk about relative terms like late hours and stuff like that.

But more importantly, how large is your sample size? Very often a series of events that may seem to form a pattern in a small sample size, do not do so when you increase the number of events that you monitor, which I think it is the most logical explanation for your observations.

Topic: When is the best time to trade a Bitcoin - page 9. (Read 1784 times)