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Author Topic: Why does it call "market will never sleeps"?  (Read 2459 times)
sandarajasmine
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February 10, 2018, 05:59:19 PM
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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
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February 10, 2018, 08:26:45 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.

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February 10, 2018, 08:29:52 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.

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February 10, 2018, 11:53:13 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.

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February 11, 2018, 02:30:55 AM
 #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.

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February 11, 2018, 02:41:13 AM
 #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".

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February 11, 2018, 04:57:51 AM
 #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.
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February 11, 2018, 08:49:01 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.

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February 11, 2018, 11:17:50 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.

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February 11, 2018, 11:43:09 AM
 #10

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.

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February 11, 2018, 12:17:23 PM
 #11

Market will never sleep because even though in basic microeconomics where small businesses close there are still things running in the background of it. Remember that market isn't just about how two parties trade to each other involving the use of money, it is composed of different elements like the government and the competitors. Regardless of what market are you in, you will always have something running in the background. Aside from the different time zones for global markets like the crypto market, crypto is really a large entity we're talking about because it is composed of many coins with different competence and different functions but it is being competitive and working all around the world.

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February 11, 2018, 12:21:31 PM
 #12

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).
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February 11, 2018, 02:45:07 PM
 #13

Actually, the other term says BLOCKCHAIN NEVER SLEEPS, this simply means that unlike the stock market which have fixed hours of operation, such doesn't exist on the blockchain. Since Cryptocurrencies are blockchain based and run on the internet, every minute of the day, trading is going on in so many places.

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February 11, 2018, 03:38:32 PM
 #14

Actually, the other term says BLOCKCHAIN NEVER SLEEPS, this simply means that unlike the stock market which have fixed hours of operation, such doesn't exist on the blockchain. Since Cryptocurrencies are blockchain based and run on the internet, every minute of the day, trading is going on in so many places.

Everytime blockchain started accepting the new project to this market. I found many people will takes investing on the new projects with these start ups. Reason for saying that until the Internet medium works anywhere in the world.
So they will accept the blockchain share when the mining is process.

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February 11, 2018, 03:44:57 PM
 #15

Because bitcoin is a dynamic market. Work on numbers but these numbers never stand still, they change quickly. Whether up or down also makes investors "not sleep", can be happy or sad. This is a dynamic digital money market.

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February 11, 2018, 10:25:37 PM
 #16

if you mean the notion "money never sleep" it is because of the movie and in world one market closes the other opens by giving the opportunity of arbitrage as well for investors but for crypto the market is open 24/7 as the crypto world is open and global where everybody can join.
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February 12, 2018, 06:14:26 AM
 #17

Actually, the other term says BLOCKCHAIN NEVER SLEEPS, this simply means that unlike the stock market which have fixed hours of operation, such doesn't exist on the blockchain. Since Cryptocurrencies are blockchain based and run on the internet, every minute of the day, trading is going on in so many places.

I love and hate this so much.. I love that all shifts of the day move and are exciting and filled  with oppurtunity.. but I've started to form sleep deprivation due to checking my phone, or dreaming about trading and wake up in a panic.. I don't know if anyone else experiences this but atleast sometimes.. I wish it would just close after 12am easterrn atleast on the weekends.. its really starting to take its toll after a year and a half.

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February 12, 2018, 06:56:35 AM
 #18

Everyone needs money for their richer life so they are looking to make money always without sleeping  Grin
But that is correct many people are now getting addicted to crypto currency like a gambling addiction which includes myself too.Now I am started to check the prices of cryotocurrency too often maybe because of its my greed,I always expect the price to bump and bump.But the price of crypto currency is too volatile so people are making money with it as long as they can that's why it is never sleeping.

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February 12, 2018, 09:58:56 AM
 #19

     Everyone can buy online market 24/7 even in cryppto you can transact anytime you want that's why market never sleep. But it is still depend on a kind of market. Online market are always open anytime as long as you have cellphone or computer and internet. Other stock market has a time limit but mostly operating 24/7 daily. Market never sleep because there is a costumer,buyer,seller,investors,businessman that do transaction whole day and overnight.

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February 12, 2018, 10:06:53 AM
 #20

Because being "Attentive" is a huge part of their vocabulary. Focus is one of the necessary things you must have in marketing because if you make even a nap, All you have may you have not tomorrow.
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