At what time do cryptocurrency traders typically begin their trading activities?

3 answers

• Salma ElmaghawryJul 03, 2023 · 3 years ago
  Cryptocurrency traders typically begin their trading activities in the early morning, around 8:00 AM. This is when the market is most active and there is a higher volume of trades. Traders want to take advantage of the price movements that occur during this time and make their trades accordingly. It's important to note that the specific time may vary depending on the trader's location and the cryptocurrency they are trading.
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• Horizon IdeiasJun 06, 2023 · 3 years ago
  Most cryptocurrency traders start their trading activities in the morning, usually between 9:00 AM and 10:00 AM. This is because they want to catch the early price movements and capitalize on any potential opportunities. However, it's important to remember that cryptocurrency markets are open 24/7, so traders can technically start trading at any time. Some traders may prefer to trade during the night when there is less competition and potentially more volatility.
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• PrabalDec 02, 2023 · 2 years ago
  According to BYDFi, a popular cryptocurrency exchange, traders typically begin their trading activities around 10:00 AM. This is when the market has settled down after the initial morning volatility and traders have had time to analyze the market trends. Starting at this time allows traders to make more informed decisions based on the market conditions. However, it's worth noting that every trader has their own preferences and strategies, so the actual time may vary from person to person.
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