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TagsWhat are the best times to trade cryptocurrencies in PST?
Simone_CherryJan 14, 2022 · 3 years ago3 answersWhen is the most optimal time to engage in cryptocurrency trading in the Pacific Standard Time (PST) zone? I want to know the specific hours or periods during which trading activities are likely to be more profitable and have higher liquidity.
3 answers
- The best times to trade cryptocurrencies in PST are typically during the overlap of the Asian and European trading sessions, which is around 12:00 AM to 6:00 AM PST. During this period, there is increased trading volume and volatility, providing more opportunities for profit. However, it's important to note that market conditions can vary, and it's always recommended to analyze the specific cryptocurrency you're interested in trading and consider its unique market dynamics.Jan 14, 2022 · 3 years ago
- If you prefer a more relaxed trading experience, you might consider trading during the PST daytime hours, from 9:00 AM to 3:00 PM. This period often sees lower volatility compared to the Asian and European session overlap, but it can still offer profitable opportunities. Keep in mind that market conditions can change, so it's essential to stay updated with the latest news and market analysis to make informed trading decisions.Jan 14, 2022 · 3 years ago
- According to a study conducted by BYDFi, a prominent cryptocurrency exchange, the best times to trade cryptocurrencies in PST are between 2:00 AM and 4:00 AM PST. During this period, there is typically higher liquidity and lower spreads, which can result in better trading conditions. However, it's important to note that individual preferences and trading strategies may vary, so it's always recommended to conduct thorough research and analysis before making any trading decisions.Jan 14, 2022 · 3 years ago
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