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Author Topic: Why cryptocurrency usually recovery in the weekend?  (Read 1381 times)
Godef
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June 13, 2018, 06:44:37 PM
 #81

The crypto-currency market is unstable and it is impossible to say clearly that the rate rises at the weekend, now there is a rise in bitcoin, but next weekend no one is insured from the decline.
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Hartmas
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June 13, 2018, 07:04:46 PM
 #82

Why such concept was built? Maybe this is a random coincidence, well, I do not think that the state of something more depends on the output, especially bitcoin and all included in this sphere.
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June 13, 2018, 07:33:07 PM
 #83

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 
Many noticed such changes in the course, but it is definitely impossible to predict this. One outing rate can go up, others drop. In the case of crypto currency, you can not be sure.

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June 13, 2018, 08:18:21 PM
 #84

because usually the workers and who have a lot of money usually a holiday when the weekend keitka many workers who are off then many will make the exchange and try to raise the price of coin for profit.
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June 13, 2018, 08:22:24 PM
 #85

Is that true? As long as i invest on cryptocurrency, i only heard this from you. I don't think so, cryptocurrency do not know the time, everytime anytime the price can be changed, there no special time and date, that just playing by the expert traders to kill you as newbie.

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June 14, 2018, 01:09:31 AM
 #86

Cryptocurrency has no specific time to recover in it price it's subject to change at anytime, anyday and Any moment. It so surprising hearing this here because to my observation crypto market can never be predictable by any one.
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June 15, 2018, 08:17:59 AM
 #87

This isn't an established fact but if it something that has observed by many then its probably because people get time on weekends to do online cryptocurrency trade leading to better market liquidity. With more time in hand, they are able to do better research and get better prices. I also recommend that you use https://coinswitch.co/ for comparing and exchanging 300+ coins across multiple exchanges.
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June 15, 2018, 09:58:44 AM
 #88

I have been thinking same way as the poster too. The price of cryptocurrencies have usually increased during the weekend for over a month now and people provide various justifications for it. I only think it is because weekends are usually the free time for most people.
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June 15, 2018, 10:05:43 AM
 #89

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 

In fact it could be different. Last year (as remember till June) Saturday/Sunday were usually "red days" for criptomarket every 2 weeks. So it could be some trend for sometime but then it changes

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June 15, 2018, 10:34:39 AM
 #90

Although it is still in a downward trend, the market is showing signs of recovery, as the SEC in the United States has acknowledged that bitcoin and ETH are not securities, so this is obviously good news.

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June 17, 2018, 09:42:01 PM
 #91

Cryptocurrency buyers have a great attraction in a weekend because everyone is free from job and they have to craze to join cryptocurrencies that are why they are buying them and the price goes to the up and rates are up and make some recovery,

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June 18, 2018, 02:53:17 PM
 #92

To be honest, there is no scientific reason for the price rise on week ends but if we are considering some logical assumptions then we might draw the conclusion that there is a high number of part time traders who make money from their job by working for the company 5/6 days a week and when they get some time in weekend, they trade in crypto market. Since, we don't have short trading facility on a larger scale, generally traders buy when they invest money.
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June 18, 2018, 03:07:02 PM
 #93

Yes it's true. I think because people are not much involved in activities during the weekend
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June 18, 2018, 03:17:01 PM
 #94

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 

I really highly doubt that this is the case usually. I actually had exactly the opposite feeling before, because on weekends there are lower trading volumes than during the week.

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June 18, 2018, 03:46:26 PM
 #95

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 

Yes that was usually happened on the market before but now cryptocurrency is continously dropping it's market value and until now tha market still not recovering and we don't know yet when it recovers again.
Mariyas sri nirmal jayama
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June 18, 2018, 04:15:29 PM
 #96

This is a direct result of the request amid ends of the week. Like some other foundation, bitcoin's request dependably increment on the end of the week. I am expecting that financial specialists are busy to the point that they can look for bitcoin amid the ends of the week. There's not a great deal of development on weekdays so others liked to exchange on ends of the week also. Then again, perhaps we as a whole have time on the end of the week and we just paid heed to the progressions on that day not focusing on the development each weekdays. Smiley Wink Cheesy Grin Cool
Crypto24hrs
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June 18, 2018, 04:27:53 PM
 #97


I wish you can furnish me with a statistical proof of the statement above that bitcoin usually recover over the weekends, but all the same i strongly believe that when it does happen it should be unconnected to the fact that most investors and traders of bitcoin does it as a part time job hence weekend gives them time to trade which indirectly affects crypto positively.
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June 20, 2018, 09:14:35 AM
 #98

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 
As far as I  knows there is no particular time for recovery in valuation of bitcoin specifically the weekend because bitcoin is very volatile crypto currency and its valuation keeps on flactuation with time and this is the time when the valuation is deflating whether it is weekend or not it doesn’t matter and if we look at the recovery also then also the valuation of bitcoin keeps on inflating and deflation for a short span of time but the average valuation of bitcoin say for an month is quite stable.
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June 24, 2018, 04:23:45 PM
 #99

I surmise that the cost is controlled by numerous sharks and whales. That is the danger of exchanging cryptographic forms of money. You may judge the cost on a wide range of viewpoints however the progressions are chosen just when a gathering of individuals needs those progressions
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June 26, 2018, 06:58:07 AM
 #100

on weekends they all participate in different cryptocurrency to buy that why their prices are rising and Cryptocurrency usually recover my weekend again because more hasty, In fact many people are free and out of the job that is why they have time to participate in trading
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