Pages:
Author

Topic: Why does it call "market will never sleeps"? - page 20. (Read 3100 times)

full member
Activity: 490
Merit: 106
February 11, 2018, 07:21:31 AM
#10
I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing
Well you are right that stock markets only have limited time of sessions each day, but there are tons of different kind of markets around the world. There are those stocks, forex, and especially cryptocurrency market which are all operating 24/7 that is why there are saying that "market will never sleeps". People are now able to do trading or buy cryptocurrency whenever they want because of decentralized nature of cryptocurrencies through their own devices (smartphone or computer) and this is the advantage of cryptocurrency market to other types of market (you can get in and out whenever you want).
hero member
Activity: 1218
Merit: 557
February 11, 2018, 06:43:09 AM
#9
Of course that's situation really happen because we have different country all around the world that using bitcoin as a mode of payments so every market need to have 24 hours for operate,i think the best example of this are many exchanger here in crypto and also some wallet.Moreover i think even they not open 24 hours we can still use that in other time.

Different time zones across the world make this market more attractive and people say that market never sleeps. Also Citi tagline refer the same which means somewhere in some part of the world their bank would be functioning and same goes with the crypto market as well.
legendary
Activity: 3094
Merit: 1127
February 11, 2018, 03:49:01 AM
#8
I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing
Markets or sessions do really close but the saying that market never sleeps is that each session do open on alternate timeframes since each market is on different places which means closing time isnt really possible and traders can really make trades on which market is open.When we do talk about stocks and forex then this is the situation but when we do talk about cryptocurrency market then 24/7 is really on here no sessions or whatsoever as long there is traders who do make trades it doesnt really stop.
newbie
Activity: 101
Merit: 0
February 10, 2018, 11:57:51 PM
#7
I think it's "money never sleeps", and that's because there's always a market open somewhere since we're not all in the same time zone.  Your local stock market might be closed, but people do trade globally.

You absolutely nailed it, there is really not much else to say on the subject.
That's exactly where that phrase came from.
jr. member
Activity: 420
Merit: 3
February 10, 2018, 09:41:13 PM
#6
This is an older saying which I believe means you can make money around the clock. There's also a movie from 2010 with the Gordon Gekko character called "Wall Street: Money Never Sleeps".
legendary
Activity: 3374
Merit: 1922
Shuffle.com
February 10, 2018, 09:30:55 PM
#5
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.
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
February 10, 2018, 06:53:13 PM
#4
I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing
Every Stock Market have their fixed operating hours.  But there are many stock markets around the world, not only in USA, but also in Europe or Asia - they are working in different time zones. For example, if stock market in USA are closed at the moment, stock markets in Europe or Asia are working.
And when we are talking about crypto markets that term represent it best, because as we know - crypto markets never sleeps and it's alive 24/7.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
February 10, 2018, 03:29:52 PM
#3
I think it's "money never sleeps", and that's because there's always a market open somewhere since we're not all in the same time zone.  Your local stock market might be closed, but people do trade globally.  Speaking of this particular phrase, if you haven't seen Wall Street 2: Money Never Sleeps,  check it out.  It's a pretty good picture.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
February 10, 2018, 03:26:45 PM
#2
I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing

people have computers or smart phones they can use all day, so you can buy and sell bitcoin or altcoin at any time of the day, just this ... I believe that with this facility that technology offers us has no reason to establish an opening time and a closing time for market. I may be wrong, but even countries like Japan that have regulated bitcoin have not imposed opening time and closing time for crypto market.
newbie
Activity: 42
Merit: 0
February 10, 2018, 12:59:19 PM
#1
I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing
Pages:
Jump to: