What time should I start trading cryptocurrencies in the Asian market?

3 answers

• Dec 26, 2021 · 3 years ago
  As an expert in the cryptocurrency market, I recommend starting your trading activities in the Asian market during the peak trading hours, which typically occur between 9:00 AM and 5:00 PM (UTC+8). During this time, there is usually higher liquidity and increased trading volume, which can potentially lead to better trading opportunities. However, it's important to note that each cryptocurrency may have different trading patterns, so it's advisable to conduct thorough research and analysis before making any trading decisions.
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• Dec 26, 2021 · 3 years ago
  If you're looking for a more casual approach to cryptocurrency trading in the Asian market, you can start whenever you have free time. While trading during peak hours may offer more opportunities, it's not the only time you can trade. The cryptocurrency market operates 24/7, so you can trade at any time that suits your schedule. Just keep in mind that trading during low-volume hours may result in wider spreads and potentially less favorable trading conditions.
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• Dec 26, 2021 · 3 years ago
  According to BYDFi, a well-known cryptocurrency exchange, the Asian market experiences the highest trading volume during the early morning hours, specifically between 2:00 AM and 6:00 AM (UTC+8). This is when traders from both Asia and Europe are actively participating in the market. However, it's important to consider your own trading strategy and preferences. Some traders prefer to trade during quieter hours when there is less market noise and potentially more predictable price movements. Ultimately, the best time to start trading in the Asian market depends on your personal goals and trading style.
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