What are the risks of buying digital currencies on Robinhood after hours?

3 answers

• Dec 18, 2021 · 3 years ago
  Buying digital currencies on Robinhood after hours can be risky due to the lack of liquidity and price volatility during these times. The market may be less active, which means that it could be harder to find buyers or sellers for your desired trade. Additionally, the prices of digital currencies can fluctuate significantly after hours, leading to potential losses if you're not able to monitor the market closely. It's important to consider these risks and be cautious when trading outside of regular hours.
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• Dec 18, 2021 · 3 years ago
  When buying digital currencies on Robinhood after hours, one should be aware of the potential risks involved. The lack of liquidity during these times can make it difficult to execute trades at desired prices. Additionally, the market may be more volatile after hours, leading to larger price swings and increased risk. It's important to carefully consider these factors and have a solid understanding of the market before engaging in after-hours trading on Robinhood.
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• Dec 18, 2021 · 3 years ago
  Buying digital currencies on Robinhood after hours can be risky. The lack of liquidity during these times means that it may be harder to buy or sell digital currencies at desired prices. Additionally, the market can be more unpredictable and volatile after hours, which can lead to larger price fluctuations. It's important to be aware of these risks and to carefully consider whether trading after hours aligns with your risk tolerance and investment strategy.
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