Are there any specific strategies for trading digital currencies during the weekend?

1 answers

• May 14, 2022 · 3 years ago
  At BYDFi, we recommend taking a cautious approach to trading digital currencies during the weekend. The market tends to be less active, which can result in higher spreads and increased slippage. It's important to carefully consider the liquidity of the assets you're trading and adjust your trading strategy accordingly. Additionally, it can be beneficial to use technical analysis to identify key support and resistance levels, as these can provide valuable insights for making trading decisions. Overall, it's crucial to stay informed, be patient, and adapt your strategy to the unique characteristics of weekend trading.
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