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What are the best times to trade cryptocurrency in China?

Alexis_GMay 18, 2022 · 3 years ago3 answers

What are the most favorable time periods for cryptocurrency trading in China? When should I trade to maximize my profits?

3 answers

  • May 18, 2022 · 3 years ago
    The best times to trade cryptocurrency in China are typically during the Asian trading session, which occurs between 9:00 PM and 9:00 AM (UTC+8). During this time, there is usually higher trading volume and increased price volatility, providing more opportunities for profit. It's important to note that specific cryptocurrencies may have different trading patterns, so it's advisable to research and analyze the market before making any trading decisions.
  • May 18, 2022 · 3 years ago
    If you're a day trader looking for quick profits, the most active trading hours in China are usually between 9:00 PM and 2:00 AM (UTC+8). This is when the market is most active and you're likely to see larger price movements. However, if you're a long-term investor, it's important to focus on the overall market trends and not get caught up in short-term fluctuations.
  • May 18, 2022 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the best times to trade cryptocurrency in China are during the early morning hours, between 4:00 AM and 7:00 AM (UTC+8). During this time, there is typically less competition from other traders, which can result in better prices and more favorable trading conditions. However, it's important to keep in mind that market conditions can change rapidly, so it's always a good idea to stay updated and adapt your trading strategy accordingly.