Why does it call "market will never sleeps"? - page 16.

Silberman

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Quote from: milewilda on February 28, 2018, 04:20:05 PM

Quote from: Silberman on February 28, 2018, 11:59:37 AM

Quote from: carodupuis on February 28, 2018, 10:01:12 AM

Quote from: Barbut on February 27, 2018, 03:01:21 AM

Quote from: jeanne513lefe on February 26, 2018, 11:10:46 PM

Quote from: ralle14 on February 10, 2018, 09:30:55 PM

It's the first time i've heard it and I agree that the crypto market never sleep. Prices move every day, exchanges rarely stop operations just for maintenance. It's one of the best thing online there's nothing that can stop you. You can trade whenever you want between exchanges or people here in the forum. Also there are a lot of exchanges if one goes down people will move to the other so it's always never ending.

The fact that crypto market is composed of people from around the world(different time zone) and those transactions can be done on all kinds of electronic carriers, we can definitely modify the term "money never sleeps" a bit. Hence the term "market never sleeps"

That is advantage that we have over stock or any other market. Different times zones allow people to be connected all the time, if you don't sleep this night you are connected with people on other side of the planet where is clear day. Before 100 years majority of people slept at night, now it almost reversed, majority doesn't go to bed before 1 or 2 am, and sometimes more, I'm one of those people. Now its fun to be awake at night, we have internet and tv and cause of that its hard to stand up and go to sleep, I always say just 5 more minutes, just to finish this and that last. Soon there will be no difference is it a day or night, this market will open new markets and everyone will be able to shop at night or do what ever.

This statement is very much true when we talk about any of the crypto currency or we talk about the crypto market. The thing is every second, number of transactions are being carried out and many of the people keep on buying or selling their coins. This way, they keep on contributing in making the market to grow up or go down. This is why this market never sleeps even for a while.

And this is one of the characteristics that will help bitcoin and other altcoins to eventually become a dominant currency in the world, when there is an economic crisis most of the time there is bank holiday and banks close their operations and the same is true for the markets but the bitcoin market will never close down this will undermine the fiat economy even more and when that happens bitcoin will have a chance to be adopted massively.

I know you have that kind of urge feeling about bitcoin becoming a dominant currency but it would tell you this that this thing is really an impossible scenario to happen.Even though bitcoin or crypto market is having some advantages towards local currency fiats but it cant really replace the reality that fiat currency/ market would still be considered by most people in the end of the story.

And why it is impossible for that scenario to happen, economic crisis happens all the time and very serious economic crisis that requires a new look at how the economic system works happen quite often as well, the last crisis like this happened in the seventies so we should not be that far from getting a crisis that big and when that happens bitcoin will be there to take advantage of the situation.

jostorres

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Quote from: Uno17 on March 04, 2018, 04:55:56 AM

Because 24hours a day, 7days a week the market continues moving, every tic toc of the clock the money market is wide awake and ready to serve all the players, and it’s up to the traders all over the world on how to perform their good timings of their trading. If they are expert traders, then, they knows best which part of the day to choose moving and make a good profit, that’s why the market never sleeps because all traders around the world too have no time limits on their activities.

The ones who are there in this world of crypto currency understands this point in the best possible manner as they know this thing that every single moment, someone is either selling or buying more number of coins and that this contributes in the graph in going or down. This is in fact the beauty of the crypto market that it never disappoints the one who invested his money in it.

bhadz

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Quote from: 19faraon88 on March 05, 2018, 03:09:32 AM

For me, it means time is gold

For businessmen, traders and people who have jobs time is literally gold for us. But to be specific with day traders the never sleeps. This is what I like in crypto market especially with bitcoin, it's not the same with the usual markets that we grew up. Once the price became lower everyone is free to buy more and when the price increases, everyone can sell at any time they want to.

19faraon88

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For me, it means time is gold.. Every second is very important in all investor and traders. Or maybe, they say this because, we have different Time in the whole world, if the other not trade (because they sleep), then the other part are on trading, and vice versa..

ObscurePen

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Oh. That is a normal phrase used by many people. It basically means that there is always something going on in the market. It never status steady. In other words it is volatile. Another connotation is that the holdup market never sleeps. Like you said your local market will close, but in other parts of the world another market would just be opening and the activities of this market may have an affect on your local market when it opens the next day. Right is basically it.

jojowar

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It call "market will never sleeps" because the operations are globally. There are many countries involve in this kind of market and those countries have different time zone.

EnaksiS

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Traditional exchanges have an opening and a closing time; but cryptocurrency exchanges does not have this comfort and does not have to. So this market never sleeps.

Aleister Crowley

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you should know this, crypto market is very different from the stock market, if the stock market has a certain time to start trading ,. while crypto market can move at any time ,, can be morning afternoon afternoon or early morning ,. you should know the crypto market movement ,, if you already understand this ,, i am sure you can succeed in trading

vantam

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Tungsten-1

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Quote from: Uno17 on March 04, 2018, 04:55:56 AM

Because 24hours a day, 7days a week the market continues moving, every tic toc of the clock the money market is wide awake and ready to serve all the players, and it’s up to the traders all over the world on how to perform their good timings of their trading. If they are expert traders, then, they knows best which part of the day to choose moving and make a good profit, that’s why the market never sleeps because all traders around the world too have no time limits on their activities.

This is also related to the fact that this market has no holiday of finish time, so all the traders have to make the plan globally because there will be a time when some other part of the world will be effecting on the price of the bitcoin. Just try your best to foresee every possible situation of the market in the upcoming days and be very much available to the market when it needs you to exploit the situation in a best possible way for your profit.

shesheboy

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Quote from: Vannie12 on March 04, 2018, 07:31:15 AM

Well, I saw that title in a book written by Busby and Dow. It was an insight for traders and investors. I guess they are pertaining to the market literally and personification "never sleeps" meaning it doesn't stop moving or fluctuating night or day.
I think it's actually saying that the market will not wait anyone before it rise or fall and the users themselves are liable for their actions. The market will move depending on the support it gets and will not be constant.

i didnt know that this phrase is already been a title of a book. i guess many people especially traders and investors are getting inspired to it, that is why they've made a book related to it. for sure that book is good and full of meaningfull advices from the pro business men.

anyways in my own views i think it is also dependable because there were some markets that actually sleeps. Like for example the market in a real world (e.g supermarkets ) they need rest also , that is why they are indeed sleeping but in the case of crypto , i guess it isnt sleeping because it is online and anything is in automated process.

Vannie12

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Well, I saw that title in a book written by Busby and Dow. It was an insight for traders and investors. I guess they are pertaining to the market literally and personification "never sleeps" meaning it doesn't stop moving or fluctuating night or day.
I think it's actually saying that the market will not wait anyone before it rise or fall and the users themselves are liable for their actions. The market will move depending on the support it gets and will not be constant.

Uno17

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Because 24hours a day, 7days a week the market continues moving, every tic toc of the clock the money market is wide awake and ready to serve all the players, and it’s up to the traders all over the world on how to perform their good timings of their trading. If they are expert traders, then, they knows best which part of the day to choose moving and make a good profit, that’s why the market never sleeps because all traders around the world too have no time limits on their activities.

gamalzour

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Quote from: stellgod on March 01, 2018, 04:00:52 AM

Quote from: carodupuis on February 28, 2018, 10:01:12 AM

Quote from: Barbut on February 27, 2018, 03:01:21 AM

Quote from: jeanne513lefe on February 26, 2018, 11:10:46 PM

Quote from: ralle14 on February 10, 2018, 09:30:55 PM

It's the first time i've heard it and I agree that the crypto market never sleep. Prices move every day, exchanges rarely stop operations just for maintenance. It's one of the best thing online there's nothing that can stop you. You can trade whenever you want between exchanges or people here in the forum. Also there are a lot of exchanges if one goes down people will move to the other so it's always never ending.

The fact that crypto market is composed of people from around the world(different time zone) and those transactions can be done on all kinds of electronic carriers, we can definitely modify the term "money never sleeps" a bit. Hence the term "market never sleeps"

That is advantage that we have over stock or any other market. Different times zones allow people to be connected all the time, if you don't sleep this night you are connected with people on other side of the planet where is clear day. Before 100 years majority of people slept at night, now it almost reversed, majority doesn't go to bed before 1 or 2 am, and sometimes more, I'm one of those people. Now its fun to be awake at night, we have internet and tv and cause of that its hard to stand up and go to sleep, I always say just 5 more minutes, just to finish this and that last. Soon there will be no difference is it a day or night, this market will open new markets and everyone will be able to shop at night or do what ever.

This statement is very much true when we talk about any of the crypto currency or we talk about the crypto market. The thing is every second, number of transactions are being carried out and many of the people keep on buying or selling their coins. This way, they keep on contributing in making the market to grow up or go down. This is why this market never sleeps even for a while.

I must say that this crypto market can never sleep as there are people who will keep on buying more number of crypto coins even if all of the people go for selling their coins. The number of people who actually know about the crypto coins and those who believe in crypto coins are huge in number and that is the reason which is resulting in increase in the market value of those coins too due to increase in demand.

This statement that the market will never sleep is very much true and the reason behind this is very much obvious. It is because of the reason that the number of people who are willing to invest their money but buying more number of crypto coins are far more than the ones who are planning of selling their crypto coins. This actually results in increase in the demand of the crypto coin and resulting in higher market value.

Happiest

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This simply means that every day, every time, every minute, every second there is always a numerical activities going on with the prices of cryptocurrencies. Some people keeps on buying while some keeps on selling. There is always a dump or pump going on with one coin or the another. And I think this is the main characteristics of a digital product. So we can't conpare it with stock, they main seems alike, but still different.

syamster

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Quote from: newwest on March 01, 2018, 06:22:24 AM

Quote from: Taki on February 28, 2018, 03:24:13 PM

Crypto market is not the same as Nasdaq and things. Crypto market is open for everybody, but not only for professional traders, so all those people who sell/buy coins are actually setting it's prices 24/7, so there is no limit for such place as crypto market.

Across world people keep on trading and thus 24 hours somewhere or other it is morning , evening and night and this make it more easy for the market to be open around the clock. Thus also a good thing as you can also trade 24/7 and 365 days a year as per your convenience.

Yes we can get to the bitcoin at any part of the day as it use to remain working all the time, as in this forum people joined form all over the world and it represents the high value of bitcoin in the whole worlds, bitcoin is the currency being use worldwide, but mate it is better to choose bitcoin investment instead of trading because in investment you will not have to suffer any risk and it will give you high profit with only patience but trading is the risky way of earning, your investment will all the time reaming in risk, so investment is better accordion to me as bitcoin is the whole day active currency it use to grow all the day long.

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Quote from: doomloop on March 01, 2018, 01:58:42 PM

Quote from: Silberman on February 28, 2018, 11:59:37 AM

Quote from: carodupuis on February 28, 2018, 10:01:12 AM

Quote from: Barbut on February 27, 2018, 03:01:21 AM

Quote from: jeanne513lefe on February 26, 2018, 11:10:46 PM

Quote from: ralle14 on February 10, 2018, 09:30:55 PM

It's the first time i've heard it and I agree that the crypto market never sleep. Prices move every day, exchanges rarely stop operations just for maintenance. It's one of the best thing online there's nothing that can stop you. You can trade whenever you want between exchanges or people here in the forum. Also there are a lot of exchanges if one goes down people will move to the other so it's always never ending.

The fact that crypto market is composed of people from around the world(different time zone) and those transactions can be done on all kinds of electronic carriers, we can definitely modify the term "money never sleeps" a bit. Hence the term "market never sleeps"

That is advantage that we have over stock or any other market. Different times zones allow people to be connected all the time, if you don't sleep this night you are connected with people on other side of the planet where is clear day. Before 100 years majority of people slept at night, now it almost reversed, majority doesn't go to bed before 1 or 2 am, and sometimes more, I'm one of those people. Now its fun to be awake at night, we have internet and tv and cause of that its hard to stand up and go to sleep, I always say just 5 more minutes, just to finish this and that last. Soon there will be no difference is it a day or night, this market will open new markets and everyone will be able to shop at night or do what ever.

This statement is very much true when we talk about any of the crypto currency or we talk about the crypto market. The thing is every second, number of transactions are being carried out and many of the people keep on buying or selling their coins. This way, they keep on contributing in making the market to grow up or go down. This is why this market never sleeps even for a while.

And this is one of the characteristics that will help bitcoin and other altcoins to eventually become a dominant currency in the world, when there is an economic crisis most of the time there is bank holiday and banks close their operations and the same is true for the markets but the bitcoin market will never close down this will undermine the fiat economy even more and when that happens bitcoin will have a chance to be adopted massively.

it is now already very famous and very popular in this world no currency is at the place where bitcoin now, all kind of the time use to come and go but the only currency and the only people how will stay with you are the really your own so if you are using any job but one day you will see to red day for that and your income will be zero but the bitcoin will never get zero because it has a lot of people to invest and to pray for it to increase bad keep moving towards high price again and again.

We cant still assure that bitcoin wont really become zero in value.We do know and observe on how these cryptocurrency price do moves in a short period of time. We do see huge percentage dips which means anytime we can go zero in value.Even how high we do have hopes in bitcoin but still possibilities on going to the bottom is there.You are right as long there are people who do believe and invest to bitcoin then it wont easily die but it isn't an assurance that it would go for forever.

doomloop

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Quote from: Silberman on February 28, 2018, 11:59:37 AM

Quote from: carodupuis on February 28, 2018, 10:01:12 AM

Quote from: Barbut on February 27, 2018, 03:01:21 AM

Quote from: jeanne513lefe on February 26, 2018, 11:10:46 PM

Quote from: ralle14 on February 10, 2018, 09:30:55 PM

It's the first time i've heard it and I agree that the crypto market never sleep. Prices move every day, exchanges rarely stop operations just for maintenance. It's one of the best thing online there's nothing that can stop you. You can trade whenever you want between exchanges or people here in the forum. Also there are a lot of exchanges if one goes down people will move to the other so it's always never ending.

The fact that crypto market is composed of people from around the world(different time zone) and those transactions can be done on all kinds of electronic carriers, we can definitely modify the term "money never sleeps" a bit. Hence the term "market never sleeps"

That is advantage that we have over stock or any other market. Different times zones allow people to be connected all the time, if you don't sleep this night you are connected with people on other side of the planet where is clear day. Before 100 years majority of people slept at night, now it almost reversed, majority doesn't go to bed before 1 or 2 am, and sometimes more, I'm one of those people. Now its fun to be awake at night, we have internet and tv and cause of that its hard to stand up and go to sleep, I always say just 5 more minutes, just to finish this and that last. Soon there will be no difference is it a day or night, this market will open new markets and everyone will be able to shop at night or do what ever.

This statement is very much true when we talk about any of the crypto currency or we talk about the crypto market. The thing is every second, number of transactions are being carried out and many of the people keep on buying or selling their coins. This way, they keep on contributing in making the market to grow up or go down. This is why this market never sleeps even for a while.

And this is one of the characteristics that will help bitcoin and other altcoins to eventually become a dominant currency in the world, when there is an economic crisis most of the time there is bank holiday and banks close their operations and the same is true for the markets but the bitcoin market will never close down this will undermine the fiat economy even more and when that happens bitcoin will have a chance to be adopted massively.

it is now already very famous and very popular in this world no currency is at the place where bitcoin now, all kind of the time use to come and go but the only currency and the only people how will stay with you are the really your own so if you are using any job but one day you will see to red day for that and your income will be zero but the bitcoin will never get zero because it has a lot of people to invest and to pray for it to increase bad keep moving towards high price again and again.

KomodoStrikes

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That's because a cryptoexchange is always used by cryptotraders around the world any time of the day.
With millions of cryptotraders in different countries around the globe, expect a cryptocurrency that is up 24/7 to cater every cryptotrader's transaction.

newwest

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Quote from: Taki on February 28, 2018, 03:24:13 PM

Crypto market is not the same as Nasdaq and things. Crypto market is open for everybody, but not only for professional traders, so all those people who sell/buy coins are actually setting it's prices 24/7, so there is no limit for such place as crypto market.

Across world people keep on trading and thus 24 hours somewhere or other it is morning , evening and night and this make it more easy for the market to be open around the clock. Thus also a good thing as you can also trade 24/7 and 365 days a year as per your convenience.

Topic: Why does it call "market will never sleeps"? - page 16. (Read 3091 times)