When is the best time to trade cryptocurrencies in EST?
Thế Vinh LươngDec 17, 2021 · 3 years ago3 answers
What is the optimal time to engage in cryptocurrency trading in the Eastern Standard Time (EST) zone?
3 answers
- Dec 17, 2021 · 3 years agoThe best time to trade cryptocurrencies in EST is when the market is most active, which is typically during the overlap of trading hours between different global markets. This occurs when the Asian markets are closing and the European markets are opening, usually between 8:00 AM and 12:00 PM EST. During this time, there is increased liquidity and volatility, providing more opportunities for profitable trades.
- Dec 17, 2021 · 3 years agoIf you prefer a more relaxed trading environment, you can also consider trading during the EST evening hours, when the European markets are closing and the American markets are still active. This is usually between 2:00 PM and 6:00 PM EST. However, it's important to note that the market may be less volatile during this time, so potential profit opportunities may be limited.
- Dec 17, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the best time to trade cryptocurrencies in EST is during the early morning hours, between 4:00 AM and 8:00 AM EST. During this time, there is less competition from other traders, and the market tends to be more predictable. This can be advantageous for traders who prefer a quieter and more controlled trading environment.
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