Since BTC doesnt open/close what time of day is the price most active volitile?

[beamin]

Is there a certain part of the world where there are the most traders? Or does the price become more volatile at certain times and do more volume? The nice thing about the stock exchange is you get time off where you dont have to worry about waking up poor/rich. I have lots of free time and starting to take this seriously and would like to make some type of job out of it (im disabled and having a very hard time getting a legit job right  now), so if the markets are best monitored at certain times I can adapt to that. I'm guessing alts follow the same schedule. 

[TravelMug]

Hard to say but from what I observed it is most volatile during:

(1) morning of EST (wherein there are a lot of trades going on) and then relatively slow down in the after EST)

(2) then we have the opening of Asian time, 7:00 am here (Japan, South Korean and China).

This is just from my personal observation though, others might see different time as obviously we have different timezone (myself is Asia time).

[Fundamentals Of]

I have these two articles which talk about the certain hours of the day Bitcoin is most volatile. Take time reading them. The second article, the one by Forbes, was published a little more than a year ago so there might have been significant changes in the market from that time until today.

1. https://www.forbes.com/sites/forbesdigitalassets/2019/10/02/bitcoin-volatility-by-time-period/?sh=77419557c733
2. https://cointelegraph.com/news/set-your-alarms-most-bitcoin-is-now-traded-during-these-hours

According to one of the articles, "the most volatile period is 16:00 UTC / Noon EST / midnight CST on a Wednesday." During this particular hour, Bitcoin is said to be "36% more volatile than the average of all time periods." Moreover, Bitcoin is "least volatile period is 8:00 until 10:00 UTC on Monday."

[GreatArkansas]

This is difficult. Anytime price can be volatile, remember before especially there are a lot of FUD was spreading, it can be anytime.
But for me, since I am trading more recently.
TravelMug is right on Asian time opening like some other saying Asians are starting to wake up, lol.
And I also noticed, when new york opening, I think it is around 9:00 am GMT-05:00.
Since I am from Asia, I mostly notice that the Asia opening or starting around 00:00 UTC time is also volatile.

[mk4]

Fun fact: While the stock market has the CBOE Volatility Index a.k.a. the "VIX", Bitcoin also has one! You can use the freely available data for whatever you need concerning Bitcoin's volatility.

• https://www.buybitcoinworldwide.com/volatility-index/
• https://99bitcoins.com/bitcoin/historical-price/volatility/

[dothebeats]

EST late mornings/afternoons are quite the busiest that I have seen, so I personally avoid this time of the day to make my transactions in the network. I live in East Asia, and the afternoons in here are also bustling with a lot of activities on the market together with the network activity as well. It's not so far off from the timings on the stock exchanges, considering that these are still people with the instincts of the regular day trader. At least that is what I always see and observe whenever I try to trade and make transfers in between exchanges, platforms, or my wallets.

[Oilacris]

Is there a certain part of the world where there are the most traders? Or does the price become more volatile at certain times and do more volume? The nice thing about the stock exchange is you get time off where you dont have to worry about waking up poor/rich. I have lots of free time and starting to take this seriously and would like to make some type of job out of it (im disabled and having a very hard time getting a legit job right  now), so if the markets are best monitored at certain times I can adapt to that. I'm guessing alts follow the same schedule. 

Basing off on experience then there's no particular time for you to observe on when it comes on the price to be volatile.It can really be volatile in random basis or behavior.

This isnt something that we can see on a typical market like forex or stocks where volatility does usually play when the market is opening.

Here on crypto then it would really be different, this will be depending on the activity from traders around the world so moving or volatility level or activity will
be on random times but if you do try to observe on what time it is really that moving that much then this will need some time for you to
observe.

[aoluain]

I havent taken note of volatility through out the day but on a slightly different note
but related I have noticed that the majority of price increases start on Wednesday (CET),
Thursdays I suppose in the Asian markets. Just my observation.

Here is an article which correlates to what Ive noticed

Theory 1
The demand for Bitcoin slows down during the weekends, pushing its price to be lower on Mondays.
On the contrary, Bitcoin price is assumed to be high on Fridays and Saturdays.

Theory 2
This theory suggests people decide to buy BTC during the weekends, and execute orders as soon
as the week begins. In this scenario, volumes are higher on Mondays and a more cautious behavior
expected as the week goes by.

Theory 3
Experienced traders would typically avoid buying bitcoin in dates 9-to-5 workers get paid, usually
in the middle and end of the month. The logic is simple: when people have money in their pockets
can buy bitcoin, driving demand, and its price higher.

@beamin, are you planning on trading?

[hugeblack]

Linking to times may have an impact, but the changes that have an impact are not related to times, but to events.
Events are what makes the price change and those events need a long time to have an effect. Therefore, unless you are looking for day trading, I strongly recommend that you capture the price and keep it for the longest possible time.

Buy bitcoin when price back to 80% crash and don't sell.
Daily trading is risky and you cant use it as a job.

[pooya87]

Buy bitcoin when price back to 80% crash and don't sell.

It is always a lot better (for investors) to buy small amounts of bitcoin each time they have some extra money instead of waiting for some gigantic crash to buy. Because for starters the price of today (not literary but any day you think about it) can never be repeated ever again. For example the $2400 of 2017 was never repeated even though it was twice the previous ATH and even though we had a 80% crash in 2018.

Additionally history has proven that those who wait for such crashes never buy in them because it is extremely hard to buy in a situation when on one hand greed is telling you to wait more and on the other hand a lot of FUD is telling you don't buy there will be more gigantic crashes.

[Wind_FURY]

Hard to say but from what I observed it is most volatile during:

(1) morning of EST (wherein there are a lot of trades going on) and then relatively slow down in the after EST)

(2) then we have the opening of Asian time, 7:00 am here (Japan, South Korean and China).

This is just from my personal observation though, others might see different time as obviously we have different timezone (myself is Asia time).

This actually explains why. Most of the miners are concentrated in a province in China. Therefore most of the sellers left in this current bull market must be from that time zone. Plus the Chinese are traditionally early risers to catch the worm first. Haha.

[Gozie51]

Buy bitcoin when price back to 80% crash and don't sell.
Daily trading is risky and you cant use it as a job.

A good advise for anyone trying to rely on bitcoin as a job. You will have heart break. If you only focus on bitcoin waves and volatility to make money to take care of your family, what happens when your expectation for profit is going off to south?
You can just play around with bitcoin while you invest wisely by waiting for a huge drop to buy and not to always rush in so you don't feel bad.

[fullhdpixel]

I have these two articles which talk about the certain hours of the day Bitcoin is most volatile. Take time reading them. The second article, the one by Forbes, was published a little more than a year ago so there might have been significant changes in the market from that time until today.

1. https://www.forbes.com/sites/forbesdigitalassets/2019/10/02/bitcoin-volatility-by-time-period/?sh=77419557c733
2. https://cointelegraph.com/news/set-your-alarms-most-bitcoin-is-now-traded-during-these-hours

According to one of the articles, "the most volatile period is 16:00 UTC / Noon EST / midnight CST on a Wednesday." During this particular hour, Bitcoin is said to be "36% more volatile than the average of all time periods." Moreover, Bitcoin is "least volatile period is 8:00 until 10:00 UTC on Monday."

Monday and Wednesday makes the perfect senses but I was hoping for Friday as well. Friday and Saturday type of days are very valuable to a crypto trader, after all we might spend that time with something more fun because it is the weekend and I get that is probably the main reason why people trade on Wednesday and not on the weekends but it feels like weekends are a very important part of the story as well, they are the ones that have the most free time, whereas Wednesday and other 4 days are weekdays.

Look at Monday, it is very boring and slow because it is the first day of working week and people focus on their working and that is why it is not that crowded, whereas on Saturday everyone is free and that is what I assumed would be the most traded. Wednesday doesn't really ring any bell, I do not know what could be the reason why Wednesday is the most traded day.

[beerlover]

Buy bitcoin when price back to 80% crash and don't sell.
Daily trading is risky and you cant use it as a job.

A good advise for anyone trying to rely on bitcoin as a job. You will have heart break. If you only focus on bitcoin waves and volatility to make money to take care of your family, what happens when your expectation for profit is going off to south?
You can just play around with bitcoin while you invest wisely by waiting for a huge drop to buy and not to always rush in so you don't feel bad.

Basing your whole income into bitcoin trading is not really a smart move, it is really something incredibly risky and you are going to have a lot of times you will have heart attack not break, it is really not something that would be decent and it is really too volatile for becoming a "job". Sure it is great investment and a great way to make money on the side, it doesn't matter whats your amount is, you have to keep focusing on long term and that is how you deal with it, because even if you are doing it with millions of dollars there will be ups and downs and taking out money from it as your monthly income will be something terrible on a bear moment.

This is why I think it is quite important that you put money into bitcoin and not take anything out until you are fully out, and if you keep taking money out every month that is not trading or investing, that is basically income and trading is not something stable enough to be income.

[Casdinyard]

Difference in timezone I think, will be a problem on determining when volatility is more observable. But broad answer I guess is most of the time. Times wherein prices do change a lot depends on when volume and transactions are mostly being done. And I guess it will be hard to actually point out given that volatility occur in its nature. Huge leaps in the market prices of crypto, are another thing. Those huge movements are happening almost likely with the normal ups and down but the difference is how long that movement can be seen. I think it is called a 'trend' in this industry if the direction is quite continuous.

[TravelMug]

Hard to say but from what I observed it is most volatile during:

(1) morning of EST (wherein there are a lot of trades going on) and then relatively slow down in the after EST)

(2) then we have the opening of Asian time, 7:00 am here (Japan, South Korean and China).

This is just from my personal observation though, others might see different time as obviously we have different timezone (myself is Asia time).

This actually explains why. Most of the miners are concentrated in a province in China. Therefore most of the sellers left in this current bull market must be from that time zone. Plus the Chinese are traditionally early risers to catch the worm first. Haha.

Yeah, we all know that Chinese miners really works very hard, (of course there is an incentive for that). 

So we will see if they are going to buy bitcoin again as the price seems to be bouncing back from $38k-$40k even at weekends. So let's see if the Asian market are going to push for $41k or or the other way around, sell and take profits.

[pooya87]

So we will see if they are going to buy bitcoin again as the price seems to be bouncing back from $38k-$40k even at weekends. So let's see if the Asian market are going to push for $41k or or the other way around, sell and take profits.

Miners don't usually buy bitcoin, they mine it and if they wanted to they keep those coins that are apparently more "valuable" because they are "virgin". Even if they buy bitcoin it won't be that much and won't affect the bitcoin price as a whole just like their selling bitcoin isn't really affecting bitcoin but that is mostly because they never sell on exchanges but instead they do it off the market.

[michellee]

Buy bitcoin when price back to 80% crash and don't sell.
Daily trading is risky and you cant use it as a job.

A good advise for anyone trying to rely on bitcoin as a job. You will have heart break. If you only focus on bitcoin waves and volatility to make money to take care of your family, what happens when your expectation for profit is going off to south?
You can just play around with bitcoin while you invest wisely by waiting for a huge drop to buy and not to always rush in so you don't feel bad.

If they want to rely on bitcoin as a job, they must have knowledge of how to make money from bitcoin. If they want to start trading bitcoin to make money, they must learn more about bitcoin trading. I am sure they can do that, especially if they can learn hard from many lessons and understand how to trade better. I think investing in bitcoin will also the right decision for some people who do not have much time to trade, as they only need to hold bitcoin after they buy. But I do not want to risk my money to trade on the volatility time because that can make me hard to analyze. After all, the price movements will be fast than usual, and it needs more skills to analyze.

[vintages]

According to one of the articles, "the most volatile period is 16:00 UTC / Noon EST / midnight CST on a Wednesday." During this particular hour, Bitcoin is said to be "36% more volatile than the average of all time periods." Moreover, Bitcoin is "least volatile period is 8:00 until 10:00 UTC on Monday."

Which means if one live in a different time zone, it will be affecting or crashing.
For them to conclude in this, I am guessing they might have monitored it for a year or more.
Personally, I feel this sort of thing is hard to monitor considering people's emotions are also a contributing factor and this have no timezone.

[Wind_FURY]

Hard to say but from what I observed it is most volatile during:

(1) morning of EST (wherein there are a lot of trades going on) and then relatively slow down in the after EST)

(2) then we have the opening of Asian time, 7:00 am here (Japan, South Korean and China).

This is just from my personal observation though, others might see different time as obviously we have different timezone (myself is Asia time).

This actually explains why. Most of the miners are concentrated in a province in China. Therefore most of the sellers left in this current bull market must be from that time zone. Plus the Chinese are traditionally early risers to catch the worm first. Haha.

Yeah, we all know that Chinese miners really works very hard, (of course there is an incentive for that). 

So we will see if they are going to buy bitcoin again as the price seems to be bouncing back from $38k-$40k even at weekends. So let's see if the Asian market are going to push for $41k or or the other way around, sell and take profits.

Will miners buy Bitcoin back after electricity bills, and other expenses? I believe Bitcoins sold are reinvested in more ASICs, or upgrade old ASICs to new.

phillipma1957?