Bitcoin Forum

which is the best time to trade BTC/USD and EUR/USD?
I tend to trade on binary during the tokyo time while trading on btc/usd since I'm asian and i'm awake during these hours. the NY time will be 4pm on our local time, should i wait for 4pm to trade on btc/usd?

trade bitcoin pair USD is not specific time because is time asia is china the king is big market bitcoin is on fire and work
newyork time market is USA trade bitcoin is few under low is user and trader china, so is fluktuatif price bitcoin is standard price is market china not USA
but is trade pair euro/USD is good time open market newyork time is good

I don't depend upon the time zone to increase my profit margin. Its better to have observation over the price movement and decide about the conversion, because traders quote price depending upon the fluctuation not the time zone.

Yes, it is true. Bitcoin users have mostly covered the whole world so we no need to worry much about time zone to buy and sell bitcoins. Instead, look for the correct price and movement to enter a market and also you should remember to exit when you make some profit, don't be greedy because trading is a quite risky investment.

is it safe to say that if there is bear trend on eur/usd, its the other way round for btc/usd? meaning up trend?

i think you have to do some trial and errors and check the charts for that, and i think there is no fixed answer to your question because bitcoin is being traded globally and it changes in all those times you said because both markets are active 24/7

Its just that there isn't much activity when the NY time session isn't active and so trading eur/usd pair isn't also active and just maybe BTC/usd isn't that good to trade as well on binary option. I was asking because most day traders prefer to start day trading during the start of NY session.

I do not know the time is there, but in my place, the right time to play the trading is during 3am, at that time, so many transactions occur, and very much a coin prices rise and fall, so I think it is a very appropriate time to analyze the coin prices will rise to the height and down

well personally i don't really trade these currencies anymore, but when i did, i traded at london time because it was easier for me, not because anything else

If you trade when the New York is opening and when London has a few hours left you can expect the best return. Since this is around 4pm for you I would trade between 3-6pm. However with bitcoin I don't think that time is much of an issue, it's mainly the eur/usd.

I have never heard that time can affect on trading results. It seems very interesting topic and I also wish to find out the opinion of some experts to that point.

Could you explain why it's so important for trading? I'm not so long time here, but already made some little amount of bitcoin and wish to increase it with trading. So I wish to know more about such factor as the time.
Thank you in advance.

Time really doesn't matter for trading. you can trade any time. specially in bitcoin to altcoin.
I don't know much about binary options that may depends on the time but the rest of trading don't have any specific time to trade.
I have traded in 6am morning time mostly in my local time and it is I think late night in USA and UK.

Time must matter as i noticed the chart don't look like someone is busy getting much money when NY session is off as compare to when its busy.  
It must depend to the pair perhaps.. let say you are in ASia and the pair you trade is BTC/JPY

I also like to trade in the daytime so I prefer London time because I live in Africa and it's closer. We are six hours ahead of the US so American time is not ideal for me.

i think you don't have to make your time as NY time or london time, just do trading with your own time because this make your life is change. believe me, i've done before. i've lived in asia too, in asia, when its night, then in the ny time or london its daylight. so my life was like a bat and this is not good for my health so i change my trading time to my own time. no matter if we only got small profit, for me, better stable profit rather than expecting high profit but in a long time  ;D

I have never considered time zone during trade. I usually buy for some days or say weeks thus my trades won’t affect due to difference in time zone.  I rarely trade with margins based on day basis but when I do I usually trade between 9 P.M to 1 A.M as per +5:30 time zone, and I haven’t faced any issues in this kind of trade timings so I conclude that time zone doesn’t play any critical impact on trade as there are traders in every time zone who keep trading alive 24*7.

For me, it's all about perfect timing in trading. I'm just deciding based on the price, and honestly not depending on time. I don't know that time zone has anything to do with it or I mean giving an advantage. But not impossible, because of market volumes for some time the price can go up. I'm not an expert trader, maybe if you are really into trading (skilled trader), you may be able to recognize the appropriate patterns and you can really earn quick there. Maybe I need to learn more about trading and try this also.

that's why I said above time doesn't matter. for me trading is not depending on the time. I'll always keep my eyes on the coin and when I see some good growth in the coin. I'll buy that. and when I see some price increase, I'll sell that.
this is my trading...

I think it's doesn't matter since if you're live in different timezone doesn't mean you have to adjust their timezone.
You can just sell higher but do not make huge gap with current high value so once the value increase, you still can trade your coin

I don't think that there is any huge difference between Ny or London time, Just trade when you feel that it is good time to buy or sell and you will get profit