Why cryptocurrency usually recovery in the weekend? - page 2.

weblouartisan

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Lets Go Adab

Quote from: Nguyen Le Thuong on May 14, 2018, 10:11:35 AM

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?

In my own opinion, most of the traders are working in the corporate world and the reason why the prices are just pumping every weekend is because there are more people who are not busy by that time.

Fideend

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Quote from: Oliver2 on August 03, 2018, 11:39:27 AM

Over the weekend, many investors will have time to spend in front of their computers. If the price of BTC goes up, they will have time to buy encryption, so this is also a good time to invest.

Actually most of the people who are related with bitcoin have their day job or business, therefore they find it difficult to give good time to trading on other day, they have enough time on weekend to study the market and do some investment. That is why for most of the time we can see a good increasing in bitcoin price on weekend.

stephen_fortune

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I haven't noticed that it recovers on the weekend more than any other time, but if it did, maybe it's because most institutional investors aren't at their desks to knock the price down. I think that a lot of price manipulation comes from wall street (especially since futures contracts were established) and it causes the prices to be misrepresented. Bitcoin grew organically on its own for the first several years, but once it hit mainstream and everyone started buying it, things started getting a little blurred. Central banks are probably printing money and then using that money to employ traders to short the coin.

Or it's just more people at their computers during their free time, like mentioned above.

Oliver2

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Over the weekend, many investors will have time to spend in front of their computers. If the price of BTC goes up, they will have time to buy encryption, so this is also a good time to invest.

wildflower18

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Usually cryptocurrency can able to recover in anytime no definite day it will increase. I think this year is great for crypto price will explode so who knows. Many factors affect the price to increase their is demand, good news so hopefully we can view btc will be new movement of value.

bitcoin31

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There's no specific day bitcoin recover even weekdays or weekends they have big chance to recover bitcoin. I hope bitcoin will recover slowly everyday not during weekend only. But they have possible aslp bitcoin possible to recover during weekend because they have free time because most of the people who have work have rest day.

hacekd

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Quote from: dadabosade67 on May 16, 2018, 08:22:59 PM

I personally think that the price is manipulated by many sharks and whales. That's the risk of trading cryptocurrencies. You may judge the price on many different aspects but the changes are decided only when a group of people wants those changes

I think that's because some of them are mostly people who follow signature campaigns that are usually paid on weekends so some of them are invested in small amounts but that will change prices because prices are influenced by the number of users...

phpartisanmaster

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Quote from: Nguyen Le Thuong on May 14, 2018, 10:11:35 AM

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?

It was very obvious that there are more people by that time who can actually trade in the market because it was a holiday so people can focus on trading which can make the price of cryptocurrency to pump.

Koobtcgal

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Acewins.io

I do not want to connect the price of cryptocurrencies with the days of the week because one will be making a big mistake if doing so but what I can say is that maybe people sell off some of their coins on weekend to chill Cheesy

. By the way, crypto does not depend on week days or weekends, it may be a mere coincidence if you come across something like that.

Kahoy01

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Quote from: Nguyen Le Thuong on May 14, 2018, 10:11:35 AM

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?

Most cryptocurrencies increase and recover in their respective prices in the weekends because it is the time wherein pretty much everyone is available and could focus more on the cryptocurrency. Most of the time neglecting cryptocurrencies can also be a cause for cryptocurrencies to drop and decrease in their values.

avoxosuccesful

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This is a result of the request amid ends of the week. Like some other foundation, bitcoin's request dependably increment on the end of the week. I am accepting that financial specialists are busy to the point that they can look for bitcoin amid the ends of the week. There's not a considerable measure of development on weekdays so others wanted to exchange on ends of the week too. Then again, perhaps we as a whole have time on the end of the week and we just considered the progressions on that day not focusing on the development each weekdays.

okissabam

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Before when I started trading I was so observant on the movement of the price and charts of Bitcoin and some cryptocurrency and there was a time when I thought the cryptocurrencies recovers during weekends but I don’t think that’s how it works. Maybe it was in good timing that it recovered on weekends at a certain time because it’s not like that the whole year ‘round.

Onews1990

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Quote from: Punit kumar on June 26, 2018, 02:20:14 AM

Some are saying it recovers in weekends, others are saying it goes down but I haven't noticed anything like that in last few months. If it goes down then the reason may be that people are changing their positions or taking profits by selling and if it goes up then more people are buying it.

You must hear only yourself point of view. Reading real news about bitcoin and doing something for get profit it is best way but not to listen someone's mind.

Punit kumar

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Some are saying it recovers in weekends, others are saying it goes down but I haven't noticed anything like that in last few months. If it goes down then the reason may be that people are changing their positions or taking profits by selling and if it goes up then more people are buying it.

naily

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on weekends they all participate in different cryptocurrency to buy that why their prices are rising and Cryptocurrency usually recover my weekend again because more hasty, In fact many people are free and out of the job that is why they have time to participate in trading

youngsoft

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I surmise that the cost is controlled by numerous sharks and whales. That is the danger of exchanging cryptographic forms of money. You may judge the cost on a wide range of viewpoints however the progressions are chosen just when a gathering of individuals needs those progressions

stayeduptolate

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Quote from: Nguyen Le Thuong on May 14, 2018, 10:11:35 AM

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?

As far as I knows there is no particular time for recovery in valuation of bitcoin specifically the weekend because bitcoin is very volatile crypto currency and its valuation keeps on flactuation with time and this is the time when the valuation is deflating whether it is weekend or not it doesn’t matter and if we look at the recovery also then also the valuation of bitcoin keeps on inflating and deflation for a short span of time but the average valuation of bitcoin say for an month is quite stable.

Crypto24hrs

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I wish you can furnish me with a statistical proof of the statement above that bitcoin usually recover over the weekends, but all the same i strongly believe that when it does happen it should be unconnected to the fact that most investors and traders of bitcoin does it as a part time job hence weekend gives them time to trade which indirectly affects crypto positively.

Mariyas sri nirmal jayama

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This is a direct result of the request amid ends of the week. Like some other foundation, bitcoin's request dependably increment on the end of the week. I am expecting that financial specialists are busy to the point that they can look for bitcoin amid the ends of the week. There's not a great deal of development on weekdays so others liked to exchange on ends of the week also. Then again, perhaps we as a whole have time on the end of the week and we just paid heed to the progressions on that day not focusing on the development each weekdays.

rhenz01

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Quote from: Nguyen Le Thuong on May 14, 2018, 10:11:35 AM

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?

Yes that was usually happened on the market before but now cryptocurrency is continously dropping it's market value and until now tha market still not recovering and we don't know yet when it recovers again.

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