What is the best time to trade cryptocurrency in the EST timezone during London trading hours?
Christoffersen HedeDec 17, 2021 · 3 years ago3 answers
During London trading hours, what is the optimal time for cryptocurrency trading in the Eastern Standard Time (EST) timezone?
3 answers
- Dec 17, 2021 · 3 years agoThe best time to trade cryptocurrency in the EST timezone during London trading hours is typically between 8:00 AM and 12:00 PM EST. This is when the London market is most active and liquidity is high. It's important to note that cryptocurrency markets are open 24/7, but trading volume tends to be higher during certain hours. During this time, you can expect increased price volatility and potentially more trading opportunities.
- Dec 17, 2021 · 3 years agoIf you're looking to trade cryptocurrency in the EST timezone during London trading hours, it's generally recommended to avoid the early morning hours (before 8:00 AM EST) and the late afternoon hours (after 4:00 PM EST). These times tend to have lower trading volume and may result in less favorable trading conditions. Instead, focus on the mid-morning hours when both the London and New York markets are open and actively trading.
- Dec 17, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the best time to trade cryptocurrency in the EST timezone during London trading hours is between 9:00 AM and 11:00 AM EST. This is when the market is most active and offers the greatest potential for profit. However, it's important to conduct your own research and analysis to determine the optimal trading time based on your individual trading strategy and goals.
Related Tags
Hot Questions
- 87
How can I protect my digital assets from hackers?
- 82
What is the future of blockchain technology?
- 81
Are there any special tax rules for crypto investors?
- 74
What are the tax implications of using cryptocurrency?
- 58
How can I minimize my tax liability when dealing with cryptocurrencies?
- 57
How can I buy Bitcoin with a credit card?
- 49
What are the best digital currencies to invest in right now?
- 3
How does cryptocurrency affect my tax return?