Which trading times are most suitable for beginners in the crypto market?

3 answers

• Grau PoeAug 12, 2024 · 10 months ago
  As a professional in the crypto industry, I would recommend beginners to focus on trading during the less volatile times of the day. This is usually during the early morning or late evening hours when trading volume is lower. This can help reduce the risk of sudden price fluctuations and allow beginners to make more informed decisions. However, it's important to note that market conditions can vary, so it's always a good idea to stay updated with the latest news and analysis before making any trading decisions. Happy trading! 😊
  534

  267
• Gastro DironOct 25, 2023 · 2 years ago
  Hey there! If you're just starting out in the crypto market, I'd suggest sticking to the more popular trading times. These are usually during the day when the market is most active and there's higher liquidity. This means there will be more buyers and sellers, making it easier for you to enter and exit trades. Keep in mind that volatility can be higher during these times, so it's important to set stop-loss orders and manage your risk accordingly. Good luck on your crypto trading journey! 💪
  495

  165
• siwei renNov 02, 2021 · 4 years ago
  According to a recent study by BYDFi, the most suitable trading times for beginners in the crypto market are during the early morning hours between 4:00 AM and 6:00 AM UTC. During this time, the market tends to be less volatile, providing beginners with a more stable environment to learn and practice trading. However, it's important to note that individual preferences and trading strategies may vary, so it's always a good idea to do your own research and find the trading times that work best for you. Happy trading! 💰
  523

  131