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For a while I have observed that trading around the American trading session has high price volatility. This usually occurs at the start of New York stock market trading session. I observed that trading sessions like the London and Asian financial market openings most often have considerably little impact on BTC’s price volatility.
Also, I observed that midweek had more volatility in the BTC market than the beginning or end of the trading week. Weekends were also observed to be quiet (not all the time).
This major activities correlated with the opening of American financial markets and may possibly be due to the increasing prevalence of American institutions within the market.
My observation does not mean that it always follow such trends, but many a times it does. It is better to stick to what works for you.
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Problem with most of the decentralized exchanges is that they are almost the same, starting from high transaction fee or miners fee to network congestion and longer transaction time. Uniswap is cool but it is Ethereum base and any dev can just come up with any ethereum base project there, whether good or scam coin. Uniswap is still the most popular and has liquidity too, though the transaction fee/miners fee is discouraging. I think Tokenlon has liquidity too. For me to call any Dex the best it must meet up with; security, liquidity, low transaction fee, atomic cross chain swap, etc
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Yes, trading alts at this moment is risky as we cannot 100% predict what will happen next, as we know btc has a mind of its own. As it stands I can't even risk trading now as I have already lost some money, but for sure btc will surely retrace before any major move. Altacoins always follow suit after btc has finished pumping, so, I will just watch the market waiting to see if I can see some good entry positions for ETH and BNB, and some good alts.
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#PROOF OF REGISTRATION Forum Username: MacHenry Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1207663Telegram Username: @MacHenry77 Participated Campaigns: Telegram, Medium, Signature, discord, and Youtube campaigns. ETH Wallet Address: 0xeb1dAAaE149c37Bf80c3524Da4Ef749d8c5E37b7 |
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#PROOF OF REGISTRATION Forum Username: MacHenry Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1207663Telegram Username: @MacHenry777 Participated Campaigns: Telegram Ambassador, Telegram, Medium, and article campaigns. ETH Wallet Address: 0xeb1dAAaE149c37Bf80c3524Da4Ef749d8c5E37b7 |
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Pikin wey use agbada take start guy go talk wetin he go wear when he old.
Translation: Slow and steady wins the race.
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Moi moi and Akara get the same parent, na wetin dem. pass through make dem different
Translation: How you start doesn’t matter, what matters is how you finish.
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#PROOF OF REGISTRATION Forum Username: MacHenry Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1207663Telegram Username: @MacHenry77 Participated Campaigns: Facebook, Twitter, LinkedIn, Telegram, Medium, Article and article campaigns. ETH Wallet Address: 0xeb1dAAaE149c37Bf80c3524Da4Ef749d8c5E37b7 |
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#PROOF OF REGISTRATION Forum Username: MacHenry Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1207663Telegram Username: @MacHenry77 Participated Campaigns: Telegram Ambassador, Telegram, Medium, Discord and article campaigns. ETH Wallet Address: 0xeb1dAAaE149c37Bf80c3524Da4Ef749d8c5E37b7 |
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