common-close-0
BYDFi
Trade wherever you are!

What is the best time of day to trade cryptocurrency futures in the US?

avatarMoh RizaDec 29, 2021 · 3 years ago3 answers

I'm new to trading cryptocurrency futures in the US and I want to know when is the best time of day to trade. Can you provide some insights on the optimal trading hours for cryptocurrency futures in the US market?

What is the best time of day to trade cryptocurrency futures in the US?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The best time of day to trade cryptocurrency futures in the US is during the overlap of the US and European trading sessions. This is when there is higher liquidity and increased trading volume, which can lead to better price movements and opportunities for profit. Additionally, it's important to consider the specific cryptocurrency you're trading and its market activity during different times of the day. Some cryptocurrencies may have more active trading hours during specific time zones or when major news events occur. It's always a good idea to monitor the market and analyze historical data to identify patterns and trends that can help inform your trading decisions.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to trading cryptocurrency futures in the US, there isn't a one-size-fits-all answer to the best time of day. It largely depends on your trading strategy, risk tolerance, and the specific cryptocurrency you're trading. Some traders prefer to trade during high volatility periods, such as during major news announcements or when the market opens and closes. Others may find more success during quieter trading hours when there is less competition and potentially more predictable price movements. Ultimately, it's important to do your own research, test different trading times, and find what works best for you.
  • avatarDec 29, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that the best time of day to trade cryptocurrency futures in the US is during the early morning hours, around 8:00 AM to 10:00 AM Eastern Standard Time (EST). This is when the market is most active and there is a higher chance of catching profitable trades. However, it's important to note that market conditions can vary and it's always recommended to analyze the market trends and news before making any trading decisions. Remember to always trade responsibly and never invest more than you can afford to lose.