What are the best trading hours for cryptocurrencies on SGX?

3 answers

• Dec 18, 2021 · 3 years ago
  The best trading hours for cryptocurrencies on SGX depend on various factors such as market volatility, liquidity, and trading volume. Generally, the most active trading hours for cryptocurrencies on SGX are during the overlap of Asian and European trading sessions, which is typically from 9:00 AM to 12:00 PM UTC. During this time, there is usually higher trading volume and increased price volatility, providing more opportunities for traders. However, it's important to note that market conditions can change, and it's always recommended to monitor the market and adjust your trading strategy accordingly.
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• Dec 18, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on SGX, there isn't a one-size-fits-all answer to the best trading hours. The cryptocurrency market operates 24/7, and trading volume can vary throughout the day. It's essential to consider your trading goals, risk tolerance, and preferred trading strategy. Some traders prefer to trade during high volatility periods, while others may prefer more stable market conditions. It's advisable to analyze historical price data, monitor market news, and use technical analysis tools to identify potential trading opportunities.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends trading cryptocurrencies on SGX during the peak trading hours, which are typically from 9:00 AM to 12:00 PM UTC. During this time, there is usually higher liquidity and increased trading activity, providing better opportunities for traders. However, it's important to note that market conditions can vary, and it's always advisable to conduct your own research and analysis before making any trading decisions. Remember to consider factors such as market volatility, news events, and your own risk tolerance when determining the best trading hours for cryptocurrencies on SGX.
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