When is the best time to trade a Bitcoin

[EarnOnVictor]

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.

This can only be a huge misconception about Bitcoin, it is never like a football betting and never will it or other trading and investment assets be. This is how you guys relate things that are not supposed to be related together to confuse others, and having such a disposition will never let you grow in the industry.

Fine, earning through Bitcoin is risky, but still, many people are trading and investing it to make money. Some are even living and sustaining their families and dependents through Bitcoin, so you don't downgrade it just like that. You only need to know how things work with it, but note, that it will never be easy as many would preach to you. However, if you want it easier, you need to invest and shun trading, but if you have that risk affinity in you, you may trade and leave investment, or better still, do both. That is what I do and I can assure you that dealing with Bitcoin is so profitable. Nevertheless, you need to do your part.

You need to, above all other things, know how to speculate. Reading your chart and being proficient in handling your psychology and management right will make you unstoppable. But don't forget, "practice makes perfect," Bitcoin trading and investment is not what will start yielding for you immediately, it might take you years of training to perfect this.

[tottong]

Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it
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

If you have an idea and knowledge about bitcoin then I am sure under no circumstances will it make you panic.
If you see bitcoin depreciating at night, then what about some people living in other countries. For example, where you live it is already nighttime and where other people live it is already daytime, time zones in countries are different and it is impossible to say that Bitcoin depreciates during the day.
There is no need to panic because bitcoin can always recover and that process is what makes bitcoin much safer to use for trading.

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.

Trading is not as easy as you imagine because if trading were that simple there would be many people involved in trading.
In fact trading is much more difficult to carry out and buying bitcoin during the day then in the afternoon bitcoin can go down or up.

[knowngunman]

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.

I believe you’ve also observed where there’s positive trends in the market during day time and you’ll wake to see everywhere red in the market. There’s no manual for this and it happens once or for couple of times doesn’t mean that’s how it normally operates.

By the way, going by the topic of your thread the best time to trade is when you’re ready to lose money. Trading especially the way you explained in your post is absolutely a waste of time and coins. Hold, hold and hold until you are satisfied to sell and achieve the aim.

This can only be a huge misconception about Bitcoin, it is never like a football betting and never will it or other trading and investment assets be. This is how you guys relate things that are not supposed to be related together to confuse others, and having such a disposition will never let you grow in the industry.

A very big misconception indeed. It’s also misleading because some people here especially the newbies who are very desperate to make money out of everywhere might want to give it a trial to buy in the day time and ready to sell in the late night hours. It’s every newbie belief to have find a way to take advantage of the market but in the long run, they’ll understand it’s not as they assumed.

[Bright0515]

Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it
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

If you have an idea and knowledge about bitcoin then I am sure under no circumstances will it make you panic.
If you see bitcoin depreciating at night, then what about some people living in other countries. For example, where you live it is already nighttime and where other people live it is already daytime, time zones in countries are different and it is impossible to say that Bitcoin depreciates during the day.
There is no need to panic because bitcoin can always recover and that process is what makes bitcoin much safer to use for trading.

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.

Trading is not as easy as you imagine because if trading were that simple there would be many people involved in trading.
In fact trading is much more difficult to carry out and buying bitcoin during the day then in the afternoon bitcoin can go down or up.

Yeah I understand that all time zones are not the same. But at the same time you don't stay everywhere, when you want to trade online you will not consider the time zones of other places but your own so as to favour you.

As at when I dropped this post, in my country Bitcoin operates just as I have highlighted it here. There are factors that can affect a business it can be time, it can be place and also date maybe. I don't know where you are from but you have to consider your country time zone.

[hedgeh0g]

In general, this is not a simple question and there is no clear answer to it. But if we start from the past price values ​​of BTS, then we will probably find several factors that influence the price. I will try to list what I personally have noticed over the years in the cryptocurrency market, so the price is influenced by: Fed interest rates, liquidity in the market, the involvement of the number of people in the crypto market, the possibility of entering and exiting a lot of money (this is only possible if there is transparency and the rules of legality are clear in a specific country).

I also want to say that Bitcoin is a deflationary asset, and most likely it will rise in price slowly but smoothly, and the sooner you enter it, the better. Such declines that have occurred in the last few days are the best time to buy.

[Mr. Magkaisa]

             -   Now is a good opportunity to buy Bitcoin. If you have the opportunity to buy it, then hold on and take advantage while there is an opportunity, because as long as Bitcoin is in the consolidation period, we have the opportunity to accumulate it if we have the opportunity to actually buy it.

It's hard to buy if, after consolidation, it's all about an uptrend, and it's hard to keep up with that because, for sure, you'll be left behind in its price because the price value of bitcoin in the market is unpredictable.

[Z_MBFM]

I think I have seen two or more places where people are saying that bitcoin investment is like gambling where they bet and expect some specific results. To me I can't still adhered to that saying because bitcoin investment can never be termed as gambling or betting, why because when you bet and you lose your money it's irreversible meaning you lost your money but with bitcoin when price drops you can only have patients while the price comes up again then you may decide to sell off your asset at the favorable price which you wanted.

If you compare bitcoin with gambling, it will be very stupid. Because there is a lot of difference between gambling and investing in bitcoin. Gambling can multiply your money in a moment and lose it completely in a moment. But if we invest in bitcoin after investing.  If the bitcoin market gets dumped then some losses will be faced. If you wait for some time after the dumping, they will recover very quickly. If you want to invest in bitcoins, it is best to invest for a long period of time. So I think investing in bitcoins.  And there are many differences between gambling.

[ndutndut]

             -   Now is a good opportunity to buy Bitcoin. If you have the opportunity to buy it, then hold on and take advantage while there is an opportunity, because as long as Bitcoin is in the consolidation period, we have the opportunity to accumulate it if we have the opportunity to actually buy it.

It's hard to buy if, after consolidation, it's all about an uptrend, and it's hard to keep up with that because, for sure, you'll be left behind in its price because the price value of bitcoin in the market is unpredictable.

Actually any time is the best time to buy bitcoin because as you said it is difficult to predict when the lowest price of bitcoin will occur. Instead of missing the moment or missing the price, it's better to buy now and hold until the target is reached.

The point is, don't buy bitcoin with all your money, that's the key. Because many people experience losses when investing in bitcoin because they mismanaged their finances, so when bitcoin goes down they panic and sell it. Even though we know that bitcoin is very volatile, so using enough money to buy bitcoin will make you comfortable holding bitcoin for a long period of time. Because basically bitcoin will not make you a loss unless you sell it at a falling price or you lose access to your wallet.

[sulendra12]

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.

Day time for you probably night time in other side of world, so this suggestion isn't going to work imo.

The best time to buy Bitcoin is just whenever your heart desires and it just depends on what type of trade do you want, is it short-term trade or long-term trade? And how much time do you willing to put to actually look at the price at anytime to ensure the best result and sell whenever you feel like it. There would be in the future that the price would have a new resistance point so you would get the profit if you are patience enough.

[DarkState]

This statement of yours may not always be correct. If you always rely on this strategy and trade, you may lose. Because it is very difficult to tell when the price of Bitcoin will go up and when it will go down. It is uncertain. I have also seen the price drop many times at night. So I would suggest not always trading Bitcoin based on this policy. It will be good for you.

[tottong]

Yeah I understand that all time zones are not the same. But at the same time you don't stay everywhere, when you want to trade online you will not consider the time zones of other places but your own so as to favour you.

As at when I dropped this post, in my country Bitcoin operates just as I have highlighted it here. There are factors that can affect a business it can be time, it can be place and also date maybe. I don't know where you are from but you have to consider your country time zone.

To trade, we don't look at time zones where we don't live, but generally we will look for opportunities when prices fall.
This means that the time zone process does not determine a person's steps but rather other considerations regarding price.

I am not saying that time zones are not important, but I am just commenting on the issue of morning time zones on the depreciating value of bitcoin.
If that is the benchmark for trading then I think it will be very difficult for people who live in different zones because they have to wait for the evening to enter into a trade, because in your country the morning value of Bitcoin depreciates more often.
Trading is not like that and people have different strategies, when you get a good buying moment you can do it whenever you want, you don't have to wait for night or morning.

[kramat]

Trading is not easy to process. Trading is to risk and most investment process. It not easyway to get the profit. Time is value of the trading proces. So don't invest in trading process without trading Knowledge . Knowledge is improtant for the trading. It any time to up and down the propcess. We need know about the martket proces and trading Knowledge. Then easy way to tard and get more profit.

[avp2306]

Yeah I understand that all time zones are not the same. But at the same time you don't stay everywhere, when you want to trade online you will not consider the time zones of other places but your own so as to favour you.

As at when I dropped this post, in my country Bitcoin operates just as I have highlighted it here. There are factors that can affect a business it can be time, it can be place and also date maybe. I don't know where you are from but you have to consider your country time zone.

To trade, we don't look at time zones where we don't live, but generally we will look for opportunities when prices fall.
This means that the time zone process does not determine a person's steps but rather other considerations regarding price.

I am not saying that time zones are not important, but I am just commenting on the issue of morning time zones on the depreciating value of bitcoin.
If that is the benchmark for trading then I think it will be very difficult for people who live in different zones because they have to wait for the evening to enter into a trade, because in your country the morning value of Bitcoin depreciates more often.
Trading is not like that and people have different strategies, when you get a good buying moment you can do it whenever you want, you don't have to wait for night or morning.

I don't know why people think about there's proper time to trade bitcoin while the fact is and I think the ideal decision to do is to trade know if you are capable to do it. Those people wait for some time to do their trade maybe wait for the pump and dump happening in the market. If they do that provably they are just wasting some opportunity and might they may catch up on situation that bring them more risk. If they are not really prepared and having less knowledge about what they need to do. I guess much better to take a break then go back for searching new knowledge about bitcoin since for sure they can get a lot more thing needed to consider.

But if they don't want to participate on things that gives them huge risk then I guess maybe they should try to seek some information about holding bitcoin, the approach that they should do also what's best strategy to use for their accumulation.

[Gaza13]

Trading is not easy to process. Trading is to risk and most investment process. It not easyway to get the profit. Time is value of the trading proces. So don't invest in trading process without trading Knowledge . Knowledge is improtant for the trading. It any time to up and down the propcess. We need know about the martket proces and trading Knowledge. Then easy way to tard and get more profit.

Yes, without knowledge, of course it is very difficult for someone to earn income in trading and it is very difficult to determine the right time for us to put our money into the market, and from the experience we have tried when we traded or the failures we have experienced, At least this is the basic foundation for our knowledge in trading and this experience shapes our character in analyzing the market with full accuracy and patience of course. No one is successful without going through many failures

[SmartGold01]

I think I have seen two or more places where people are saying that bitcoin investment is like gambling where they bet and expect some specific results. To me I can't still adhered to that saying because bitcoin investment can never be termed as gambling or betting, why because when you bet and you lose your money it's irreversible meaning you lost your money but with bitcoin when price drops you can only have patients while the price comes up again then you may decide to sell off your asset at the favorable price which you wanted.

Bitcoin might be like gambling for those who invest in morning and want good return in the evening. There might be few day traders who have got good profit but real profit in Bitcoin comes if you invest for long time. Try DCA or lump sum investment over a longer period of time and you can notice how secure and profitable Bitcoin is. Refer to historical price of bitcoin and it will be clear that Price of Bitcoin is always going up with time, you just need to have patience to HODL.

Such philosophy is actually hard to believe depending on individuals because as we know there is not time one could invest in the morning and expect to receive a huge profits in the evening because bitcoin doesn't only goes in one directions rather it goes the both direction, meaning the up & down movement of bitcoin prices is what traders takes as profits otherwise if this not found then there is no way any could get profits from bitcoin, and over time there is a specific period were the price could keep rising at this point those who invested at the bear market could start receiving profits from their investment or holdings.

[Fara Chan]

Trading is not easy to process. Trading is to risk and most investment process. It not easyway to get the profit. Time is value of the trading proces. So don't invest in trading process without trading Knowledge . Knowledge is improtant for the trading. It any time to up and down the propcess. We need know about the martket proces and trading Knowledge. Then easy way to tard and get more profit.

The question here is how do you equate trading with investing, which in general these two things are very different, but instead you make a conclusion like that which makes me a little confused to understand. Because I always separate the money for trading from the money that I will use for investment, even though basically both are buying assets in the market. But the way it works is always different and will never be the same even though you can set goals that are not much different from these two things at a certain time.

[Jody.Drummer]

Trading is not easy to process. Trading is to risk and most investment process. It not easyway to get the profit. Time is value of the trading proces. So don't invest in trading process without trading Knowledge . Knowledge is improtant for the trading. It any time to up and down the propcess. We need know about the martket proces and trading Knowledge. Then easy way to tard and get more profit.

The question here is how do you equate trading with investing, which in general these two things are very different, but instead you make a conclusion like that which makes me a little confused to understand. Because I always separate the money for trading from the money that I will use for investment, even though basically both are buying assets in the market. But the way it works is always different and will never be the same even though you can set goals that are not much different from these two things at a certain time.

Even though in terms of objectives and capital, it is more or less the same, namely to make a profit by using money as something that will be used as capital, but yes, in the process, these are two different activities, as you said, they are both the same, namely buying assets on the market, but in investing, especially in bitcoin, you just have to bring money and then put it consistently with long-term planning, but if we talk about trading then yes this is quite complicated, there are many things that have to be prepared first. Simply put, when you want to get involved in investment, there won't be too many things that you have to prepare apart from capital because of course investment is something that is done in the long term where the potential increase is already known, while when you are involved in trading then this is one activities carried out in the short term to gain advantage from market fluctuations, although it is possible to obtain quite large profits, of course the level of risk is also the same, meaning the risk is large. I am not saying that investment is riskless, because everything that involves the opportunity for profit will always have a certain level of risk, but if you compare it with trading, investment has a much lower risk because it is done in the long term.

[redsun114]

If you have an idea and knowledge about bitcoin then I am sure under no circumstances will it make you panic.
If you see bitcoin depreciating at night, then what about some people living in other countries. For example, where you live it is already nighttime and where other people live it is already daytime, time zones in countries are different and it is impossible to say that Bitcoin depreciates during the day.
There is no need to panic because bitcoin can always recover and that process is what makes bitcoin much safer to use for trading.

Experienced Bitcoin users are I think can still panic but not often as before or when they are still a newbie. There may be some who don't panic anymore but they can still worry sometimes. For the experienced Bitcoin users, their panic can also be different, like they will only panic buy because the price have been dumping a lot suddenly and then they can panic sell because the price have pumped up unexpectedly. Yeah, some has a different time zone but I think there are times that all of us can see the same price.

Trading is not as easy as you imagine because if trading were that simple there would be many people involved in trading.
In fact trading is much more difficult to carry out and buying bitcoin during the day then in the afternoon bitcoin can go down or up.

As you can see, he still say to watch our Bitcoin's or the market carefully, so he knows that there is nothing easy in here.

[tottong]

Experienced Bitcoin users are I think can still panic but not often as before or when they are still a newbie. There may be some who don't panic anymore but they can still worry sometimes. For the experienced Bitcoin users, their panic can also be different, like they will only panic buy because the price have been dumping a lot suddenly and then they can panic sell because the price have pumped up unexpectedly. Yeah, some has a different time zone but I think there are times that all of us can see the same price.

When we are involved in trading, we may actually experience panic when the price falls so sharply, but if we are aware that the price can rise again then panic can be avoided.
Different time zones but we will see the same prices, even though it's night in our place and someone else's day.
The point is that this process is not a reason why people buy or sell because usually we will see the right moment to enter the market to buy or sell.

As you can see, he still say to watch our Bitcoin's or the market carefully, so he knows that there is nothing easy in here.

If he just watched then there was no conclusion and perhaps waiting not to get involved at this point would be missing the best opportunity.
Although the current price of bitcoin can be purchased in large quantities because it has experienced a sharp decline, we will get much larger amounts.

[mirakal]

Real and effective traders always find ways to win on their trades regardless of when the trade is taking place.

Yes, I agree but sometimes even top traders wait for right time to open their trades, however most of the times traders who are good at trading especially the ones good at doing technical analysis can make profitable trades anytime.

I'm someone who trades on daily, weekly, and sometimes monthly basis and I can confirm that sometimes we traders do need to look for the right time to place our trades especially on times when market's conditions aren't too good.

Some traders are exemptional, they can easily adapt to the market condition and we could say, they really have the skills, unlike the several traders who sometimes just rely on luck. But despite their high level of knowledge and skill, I could still think they also make losses because of the volatility of the market.

Whether to trade daily, weekly, or monthly, it is our decision. In fact, we never know when exactly is the best time to trade. The most important is to have TA before trading, a tool that helps us determine the possible action we've made and a kind of strategy we use as it varies depending on the situation. A reason why many traders fail is they believe that 1 strategy fits all market conditions which deniably does not.