RIGHT TIME TO BUY AND SELL CRYPTO
There are many methods that equity investors use to decide when to execute a trade in the stock markets, but the same rules and trading patterns don’t always apply to cryptocurrency. It’s true that cryptocurrency buyers can make purchases within certain windows to get the best possible price. Still, the volatility of the cryptocurrency market makes it very difficult to identify reliable patterns and choose positions accordingly.
1. Cryptocurrencies are most active during the work week, with prices starting low on Monday morning and steadily rising until they drop over the weekend.
2. Pay attention to stock market trading hours as they have an effect on cryptocurrency trading, even though you can buy and sell cryptocurrencies 24/7.
3. Be aware of your risk tolerance by forecasting your cash flow and watching cryptocurrency market trends.
