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What are the recommended trading hours for cryptocurrencies in EST?

avatarMUSTAFA EMRE TEKİNDec 17, 2021 · 3 years ago3 answers

Can you provide the recommended trading hours for cryptocurrencies in Eastern Standard Time (EST)? I want to know the best time to trade cryptocurrencies to maximize my profits.

What are the recommended trading hours for cryptocurrencies in EST?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The recommended trading hours for cryptocurrencies in EST are usually between 9:30 AM and 4:00 PM. This is when the major cryptocurrency exchanges are most active and have the highest trading volume. However, it's important to note that cryptocurrency markets are open 24/7, so you can technically trade at any time. It's just that during these recommended trading hours, there tends to be more liquidity and price volatility, which can present better trading opportunities.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for the best time to trade cryptocurrencies in EST, I would suggest focusing on the overlap between the trading hours of major cryptocurrency exchanges in different time zones. For example, the overlap between the trading hours of exchanges in New York (EST) and London (GMT) can be a good time to trade, as it combines the liquidity from both markets. Additionally, it's important to keep an eye on any major news or events that could impact the cryptocurrency market, as these can create significant price movements outside of regular trading hours.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the recommended trading hours for cryptocurrencies in EST are typically between 9:30 AM and 4:00 PM. However, it's important to note that cryptocurrency markets are highly volatile and can experience significant price movements at any time. It's always a good idea to stay updated with the latest market news and trends to make informed trading decisions. Remember to do your own research and consider your risk tolerance before engaging in cryptocurrency trading.