Avoid trading during the weekend đš Here's why:
When you trade cryptocurrencies on weekends, you expose yourself to various risks. Trading volumes are typically lower, leading to wider spreads and increased volatility. This can result in unfavourable pricing for your trades and may lead to over-trading, increasing transaction costs and potential losses. Interestingly, exchanges tend to profit the most from the futures market during weekends due to higher fees from users leveraging their trades!
To minimize these risks, it's best to steer clear of trading on weekends and focus on making well-informed trades during weekdays when market activity is higher. Remember, discipline is crucial for successful trading, especially in the crypto market!
Stay safe and trade wisely! đ
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