What are the advantages of trading cryptocurrencies during mountain time?
Harun XiaoLoung WanitpatumrataFeb 16, 2023 · 3 years ago1 answers
Why is it beneficial to trade cryptocurrencies during mountain time?
1 answers
- Mostafa ElmadahJan 28, 2024 · 2 years agoAs a representative of BYDFi, I can say that trading cryptocurrencies during mountain time can be advantageous for several reasons. Firstly, it allows traders to take advantage of the increased market activity during the overlapping hours of the Asian and European trading sessions. This can result in better liquidity and tighter spreads, which can be beneficial for executing trades. Additionally, trading during mountain time can provide opportunities to react to news and events that occur during the Asian and European trading sessions, as traders in mountain time are awake and active during these times. Finally, trading during mountain time can offer a more relaxed and less crowded trading environment, allowing traders to potentially make more thoughtful and strategic trading decisions.
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