Bitcoin Forum

I've read there is a pretty consistent weekend crash every week.  Has anyone figured out when is the best time to take advantage of it?

i would say good luck trying to predict any reliable trend such as that. There's weekends that the price go down and weekends the price goes up, theres always week days where the price goes down and the price goes up.

To answer the question of when is a good time to buy, a good time to buy is when you have some set prices in mind and if/when btc reaches that price.

There's not. Where did your read this? You should just look at the data yourself. The markets often dip a little of weekends, but not crash.

OK, how about timing the dip?  Saturday?  Sunday?  I have a chunk of BTC to buy and I'd like to ratchet up my odds for grabbing the best price.

If you want that kind of info you're gonna have to pay me.  :D

How 'bout good vibes?  :-*  I accept PMs.

always goes up monday morning

Sorry, don't accept vibes. BTC only.

Good vibes anyway.

I will give you my personal opinion and experience.  I turned a decent percentage increase this week trading Bitcoin and Namecoin, the two coins I actively mine.  I pulled out my namecoins to fiat about 1 hour ago.  I have left my bitcoins in bitcoin as I believe in the currency more than I do fiat!  I will buy back into namecoin late Sunday evening Eastern time, after the Chinese wake up and start trading, just to not miss any last minute dips.

I believe these weekend dips occur because the "whales" pump and dump just before tack the weekend taking profits and enjoy partying the weekend not worrying about the markets.  Of course the causes the day traders and the little guys to panic and the weekend drop goes a little deeper.

Enjoy the weekend, party and get back to trading Sunday night.  You don't really want to work seven days a week do you?  My miners keep working over the weekend and I check on the occasionally to be sure they're still hashing!

Mtnminer

most times the price is stable or sinks at the weekends. i noticed that too.

I think there will be a lot of Hodling this weekend as the holidays have been very good and it's back to work and business next week!

I think OP has been spending too much time in the troll box in BTC-E

3:30 GMT on Sunday morning

lol

the weekend dip myth

we busted that one last year

LOL!  Busted....

But Fontas said...

I actually noticed that daily prices generally seem cheapest between 6-9 am in Europe. When the Chinese ran out of steam and the Americans are sleeping.

The Prices actually fluctuate and correlate to when China goes to bed.

Idk, but the past week almost always when I woke up was near the lowest price for the day.

Not a weekend crash this weekend, and when you wait till next weekend you will probably be to late for buying since i expect a descent rise next week.
I've been waiting for a good buying oppurtunity since the price was in 500's, only gone up since that.

I'd just buy after a crash and hold them for the future. I think if you're just checking the markets at the weekends you'll miss out.

Just when you think you've got Bitcoin figured out, it throws you a curveball.

Weekend crash, LOL.

 :)

Yeah so much for predictions and trying to find a pattern in BTC.

there is one pattern only a blind bear can miss.

tip: it always goes up.

Haha. This is good for us hoddlers.

So much for that plan!  I ended up getting in at 755 and 839.

At least you got cheap 3-digit coins.

Price is risng steadily today so so much for this theory.

I like how you think. Some people just think they have to look at a chart for a few minutes and can predict the future.