Are there any risks involved in after hour trading on Robinhood for cryptocurrencies?

1 answers

• Nicolas FabreSep 05, 2024 · 10 months ago
  When it comes to after hour trading on Robinhood for cryptocurrencies, there are a few risks to keep in mind. One of the main risks is the lack of liquidity during these hours, which can result in wider bid-ask spreads and increased price volatility. This means that executing trades at desired prices may be more challenging and slippage can occur. Additionally, since the market is less active during after hours, traders may not have access to real-time information or be able to react quickly to market changes. It's important to carefully consider these risks and potential drawbacks before engaging in after hour trading on Robinhood for cryptocurrencies. Stay informed and trade responsibly.
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