What is the best time to buy/sell cryptocurrencies when the European market closes?

3 answers

• Dec 27, 2021 · 3 years ago
  The best time to buy or sell cryptocurrencies when the European market closes depends on various factors. One strategy is to monitor the market closely during the last hour of European trading and the first hour of the Asian trading session. This is when the market tends to be more volatile due to overlapping trading hours. Additionally, keeping an eye on news and events that may impact the market can help you make informed decisions. Remember, it's important to do your own research and consider your risk tolerance before making any trading decisions.
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• Dec 27, 2021 · 3 years ago
  If you're looking for a quick answer, many traders believe that the best time to buy or sell cryptocurrencies when the European market closes is during the first hour of the Asian trading session. This is when the market is most active and price movements are more pronounced. However, it's important to note that cryptocurrency markets are highly volatile and can be unpredictable. It's always a good idea to analyze market trends, consider technical indicators, and set stop-loss orders to manage your risk effectively.
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• Dec 27, 2021 · 3 years ago
  According to a study conducted by BYDFi, a digital currency exchange, the best time to buy or sell cryptocurrencies when the European market closes is around 3-4 hours after the market closes. During this time, there is typically a decrease in trading volume, which can lead to more favorable prices for buyers or sellers. However, it's important to note that this is just one perspective and individual results may vary. It's always recommended to consult with a financial advisor or conduct your own research before making any investment decisions.
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