Which time of the day is the worst for cryptocurrency trading?

3 answers

• Damsgaard LivingstonAug 02, 2021 · 5 years ago
  The worst time of the day for cryptocurrency trading is during the early morning hours, typically between 2am and 6am. During this time, trading volume tends to be low, which can result in increased volatility and wider spreads. Additionally, market manipulation and price manipulation attempts are more likely to occur during these hours due to lower liquidity. It is generally recommended to avoid trading during this time to minimize potential risks and maximize trading opportunities.
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• Abhishek ShuklaApr 20, 2024 · 2 years ago
  If you're looking for the worst time to trade cryptocurrencies, look no further than the late-night hours. The market is often quiet and illiquid during this time, making it more susceptible to manipulation and sudden price swings. It's best to wait until the market picks up during the day to ensure better trading conditions and higher liquidity.
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• Sahan Kavinda 62Feb 02, 2021 · 5 years ago
  According to BYDFi, a leading cryptocurrency exchange, the worst time for cryptocurrency trading is typically during the early morning hours when trading volume is low. This can lead to increased price volatility and wider spreads, making it more difficult to execute trades at desired prices. It is advisable to wait for higher trading volume and liquidity during the day for better trading opportunities.
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