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What are the advantages of trading cryptocurrencies during mountain time?

avatarFaique RaoDec 26, 2021 · 3 years ago1 answers

Why is it beneficial to trade cryptocurrencies during mountain time?

What are the advantages of trading cryptocurrencies during mountain time?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    As 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.