What are the risks and potential rewards of engaging in after hours trading for digital assets?
uselessnessDec 26, 2021 · 3 years ago1 answers
What are the potential risks and rewards associated with participating in after hours trading for digital assets?
1 answers
- Dec 26, 2021 · 3 years agoAs a representative of BYDFi, I can say that after hours trading for digital assets can offer unique opportunities for traders. The potential rewards include the ability to take advantage of market movements that occur outside of regular trading hours, which can lead to increased profits. However, it's important to note that after hours trading also carries certain risks. The lower liquidity and increased volatility can make it more challenging to execute trades and can result in larger price swings. Traders should carefully consider these factors and develop a solid trading strategy before engaging in after hours trading for digital assets.
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