When is the best time to trade a Bitcoin

[sulendra12]

Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.

If people actually think that Bitcoin is similar to gambling, then there is something wrong with their understanding about Bitcoin. You won't lose all of your money if you make a bad decision when investing on Bitcoin as long as you know when to stop, but with gambling you will lose all your bets and it depends on luck. Sports gambling might have a chance to be manipulated with score management and such so that's a salt on top of the wound.

So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.

Depends on where you live, others might get benefited with this but the others get disadvantaged. Make sure to use your best strategy and analysis before jumping to make a decision.

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[AYOBA]

Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business.
Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.

The majority of individuals are unaware that investing in Bitcoin is a better approach to attain goals since some people lack the patience to hold onto their Bitcoin for an extended length of time, which would represent both a significant accomplishment and a substantial profit. For this reason, a lot of people constantly advise against investing in Bitcoin until you have a great deal of knowledge with it in order to prevent losing a lot of money and receiving no returns. However, everything will be simpler for you when you have a focal point for your investment, including market methods. Furthermore, Bitcoin differs significantly from gambling. What I mean is that you can acquire a Bitcoin, and hold it for an extended period of time, and be monitored the market. When you observe a high price, you can sell it and receive your meager earnings.

[terrific]

Dude if there is a best time to trade Bitcoin, it is when everyone is active on it. Regardless of the day or night and its time, just like today when the price keeps on increasing. The market is very active at all.
Many think that there's no ending on this current run but there's always the correction that happens for real.
And if the pump seems to be active, just spot out when the correction will come.

True, majority will really be that trading into that particular time at the same time on which we know that this thing isnt that possible or cant be happening. This is why it would really be that wrong on having those assumptions that there's a specific period on which a certain individual would really be making out those kind of assumptions that there would be a best time on trading Bitcoin.
Anyone could make out their own trades without having that kind of indications on which we know that this market could really move in a random way.
There's no specific fixed period on when these things would be kicking on.

This is why there's no way on knowing on what are those things or when things do starts to move out but of course everything would really be that depending
or basing up into the situation since there would really be factors on which it would really be affecting if we do speak
about movement in prices.

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

[fullhdpixel]

So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.

What day and night time to you will be different on the different side of the Earth, so this can't prove anything.
Not unless you assess your own time zone and see where the market moves on a specific time, this might help. The best time to trade for me is if you saw a good signal to buy and sell and not just because of the time but because of your analysis and a fact based decisions.

But, he didn't mention any time there. This may be because he is aware of that already, but wouldn't be?
It was only basic. Time difference is not a bad thing but it's good because this makes crypto trading possible every time, aside from the fact that they are highly volatile and then there are so many other factors that can affect their price.

You gave a good point there about the best time to trade but other than that, there are also called closing and opening time of the market. It can happen daily but the common one I heard is, it closes Friday evening because there are weekends which may be the rest day of most people. It will only resume Monday morning.

[Yamifoud]

snip...

True, majority will really be that trading into that particular time at the same time on which we know that this thing isnt that possible or cant be happening. This is why it would really be that wrong on having those assumptions that there's a specific period on which a certain individual would really be making out those kind of assumptions that there would be a best time on trading Bitcoin.
Anyone could make out their own trades without having that kind of indications on which we know that this market could really move in a random way.
There's no specific fixed period on when these things would be kicking on.

This is why there's no way on knowing on what are those things or when things do starts to move out but of course everything would really be that depending
or basing up into the situation since there would really be factors on which it would really be affecting if we do speak
about movement in prices.

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

Spending more time analyzing and observing the market movement could help us understand and see when hit the buy and sell button. It is just about familiarizing the trend of a particular coin that we use to trade. There is no specific time to do it due to the volatility of the market and it will be placed at any time as long as we've done the analysis. Whether to trade day or night, doesn't matter but what is important is that we do this based on our TA and market predictions. We just know that there is no perfect time to trade, it only just happens at the time when we are comfortable with it.

[Altryist]

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

To choose the best time to enter a trade, you need to constantly monitor the market. You can't just look at the charts when you have free time and find the best trades. Trading is the same kind of work that requires a lot of time from a trader, in fact, it requires many positive qualities, which is why it is so difficult for anyone who wants to just start making money. But the possible earnings in trading can significantly increase the salary of an ordinary worker, which is why this activity is so attractive.

[Mpamaegbu]

I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well

So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.

You've to also factor in that your day time is another person's night, except you're advising someone of the same environment as you're. That means you really can't justify telling someone to trade at a certain time outside your vicinity. A better way would've been to point out certain indices you look at when picking your trades or the market open time (as is the case with FX trading). With that, others can rightfully apply it to their timezones. However, to the best I know, the only time not to pick trades will be when you don't have strong confluences from your signal or trading plan telling you to trigger trades or when you aren't in the right frame of mind. No one should trade when they're distressed or unsettled. That's a recipe for losses.

[Xxmodded]

To choose the best time to enter a trade, you need to constantly monitor the market. You can't just look at the charts when you have free time and find the best trades. Trading is the same kind of work that requires a lot of time from a trader, in fact, it requires many positive qualities, which is why it is so difficult for anyone who wants to just start making money. But the possible earnings in trading can significantly increase the salary of an ordinary worker, which is why this activity is so attractive.

As short term trading, I check monitor or bitcoin chart every day and looking for bitcoin support price to buy back and sell it after raising up few percent. Its simple techniques for short term trading in bitcoin about when is the right time for investing, I think difference when long term trading not have to check monitor every time and checking with bitcoin have been in lower price or not before getting the best time for investing.
For trader have more enough time if want get effective best moment to buy or investing in bitcoin, but I doubt with any trader will watch out their time spending for checking with bitcoin chart and waiting what is the best time for investing in bitcoin.

[Mr. Magkaisa]

          -   Anytime you can trade Bitcoin, that's the beauty of cryptocurrency trading, unlike forex trading, which is only on weekdays. Then, as long as you have time or free time, you can exchange it in the market. But of course, if we are going to do this, it should not be done by those who have no idea or know anything about trading.

You must have knowledge for you to gain profit trading, because it is not easy to have an understanding here. It also takes time to learn because if we do not have knowledge, our trading activity will also be ignored.

[mindrust]

Big market movements are your friends. When everybody yells "SELLLL" that's when you should be buying. When everybody cheers "Mooon" that's when you should be selling. Monero went as low as $100 a few days ago when Binance announced that they were gonna delist it... Then it recovered to $130. I even posted a screenshot when it exactly hit $100 and even bought some when it was around $105. These are the opportunities you want. You need to wait and look for these sharp market movements. These are the times when fortunes are made.

[the rise]

jona which time do you go for day and night, I think the difference between day and night doesn't apply even on weekends, but we are talking about moments. Prefer to trade bitcoin in the long term, for daily trading using bitcoin is less effective, unless you trade in futures , as now is the right moment because the halving will be coming soon, I think this is the right time to trade with the DCA technique

[terrific]

Yes, there's no specific fixed period when someone has to trade. But I think that the point is when you're an active trader, every time is important when there are news and you've seen something goes on with the market and community.
Showing with the analysis in technicals will help as a trader and also, coping up with what's up in the news is also going to contribute to your wins in trading. Just the best time is when you're decided, hassle free and can take any risk with any amount you trade.

To choose the best time to enter a trade, you need to constantly monitor the market. You can't just look at the charts when you have free time and find the best trades. Trading is the same kind of work that requires a lot of time from a trader, in fact, it requires many positive qualities, which is why it is so difficult for anyone who wants to just start making money. But the possible earnings in trading can significantly increase the salary of an ordinary worker, which is why this activity is so attractive.

That is true, monitoring the market constantly is a must when you want to know the best time to trade. But as I've said, the best time is when you have the money ready.
When you're emotionally prepared and you think that you're ready to get along with the other trades trying to win against each other.
This is the reality of trading, you win, someone loses and for you to keep on winning, you need to be constant and keep on learning.

[kojektea]

Bitcoin price chart between day and night, which zone are you in? So what about other time zones does that apply?
has nothing to do with time zones and price charts, because what regulates prices is between demand & sales, so there is no connection between day and night, the right moment to trade bitcoin is when you find the right set up and the market will be bullish

[el kaka22]

That depends on where you look at it, but there are bull periods which should be the best time to invest, obviously. That doesn't mean that you shouldn't invest in any other time, but it is definitely not a difficult period to make money. Look at the last 2 days or so, it has gone to 47k+ right? That means if you were trading during that time, you would have made money. You do not have to know it before hand, you just need to start trading meanwhile and you would make some money.

I think it's quite important to make some good income with it, and that should very well be the most important part. I believe that it is going to take some time, but it will not be all that impossible to see it change, we need to just focus on the ups.

[Franctoshi]

The Bitcoin market is traded 24/7 unlike the forex market that is trade 5 days a week Mon-Fri and is closed on Saturday and Sunday, However, since Bitcoin in also traded in the forex market, I kind of think we would have more market volatility during when the forex market is open because there will be more liquidity in the market during this period of market open than we would likely have during the weekend.

[Hamza2424]

First of all, OP having Bitcoin is not at all a big achievement because anyone can have it from 0.0001 or even lower amount to XY amount. Having a decent amount of bitcoin is a big achievement. At the same time OP why are you trying to compare the concept of open market trade with Gambling, the price appreciation and depreciation have nothing to do with gambling, and that is a basic fact. The price movement is purely based on the supply and demand and supply and demand in the open market flows with the developments happening in the market.

Also, Bitcoin has no specific movement pattern in any cycle as I said earlier it's all purely based on the Supply and demand in the market. Also, try to explore more about Bitcoin I'm sure if you honestly dedicate your thread replies maximum of your misconceptions about Bitcoin will get settled here.

[Lukmanfirdaus1]

When is the best time to trade a Bitcoin

whenever you are ready, today, this hour, this second you can.

Having Bitcoin at this time is a very big achievement for anyone who has it now, but as everyone one may know no condition is permanent in the market you may have the up and downs loss and profit depending on how you strategically plan your personal business.

Of course, being one of the many hodlers I feel proud to be able to join the community and be able to hodl Bitcoin for the long term. I don't really care about rising and falling prices because I always accumulate my bitcoins, which means I keep buying and buying. I don't see the BTC to Dollar pair, but what I see is that my Bitcoin number is increasing.

Now I observed that Bitcoin is like a gamble of football game whereby you go to the bet shop book your bet and wait for what will come sometimes you win sometimes fear can make you cash out after your cash out you may be lucky and sometimes you might lose something you would have gotten if you had waited.

not for me bro, because I save it for the long term, current price fluctuations have no effect on me.

[Ricardo11]

Bitcoins are being bought and traded all over the world all the time. It has nothing to do with day and night, Bitcoin is not that easy, if it was then everyone would buy during the day and sell late at night and no one would be poor. I don't know what you thought and discovered that, (Bitcoin depreciates most of the time during the day). However you also said that (Bitcoin is like gambling on football), but listen Bitcoin can never be compared to gambling, you can compare trading to gambling because trading is as risky as gambling. Not Bitcoin.

[lombok]

The right time to trade Bitcoin is when we have enough money, try to look at the schedule for announcements of economic developments because if we trade before or when an announcement is taking place, Bitcoin will be very volatile and the direction of movement will not be clear, which will cause losses.

[Nrcewker]

Don’t trade your Bitcoins. Bitcoins aren’t for trading I would say. Don’t trade Bitcoins for other cheap altcoins. Bitcoins are very valuable and rare. The reason I am saying this is because, Bitcoins are limited in numbers. That is no more Bitcoins can be created or destroyed, hence it’s ideal to keep as many Bitcoins as we can. In my opinion Bitcoins are good for investment. Use USDT for trading and making profits.