What are the best trading times for digital currencies in EST?

3 answers

• MtonoliJan 25, 2021 · 4 years ago
  The best trading times for digital currencies in EST are usually during the overlap of the European and American trading sessions. This is when the market is most active and there is higher liquidity. The specific time period is from 8:00 AM to 12:00 PM EST. During this time, you can expect higher trading volumes and potentially more opportunities for profit. However, it's important to note that the cryptocurrency market is open 24/7, so there are trading opportunities at any time. It's always a good idea to monitor the market and be aware of any major news or events that could impact prices.
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• NarakaroMar 11, 2021 · 4 years ago
  As an experienced trader, I can tell you that the best trading times for digital currencies in EST are usually during the early morning and late evening hours. This is when the market is less crowded and there is less competition. During these times, you may find better opportunities for profit as the market tends to be more volatile. However, it's important to keep in mind that trading digital currencies is inherently risky and there are no guarantees. It's always a good idea to do your own research and make informed decisions based on your own risk tolerance and investment goals.
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• Kevenn Styvenn Brito SantanaDec 30, 2024 · 7 months ago
  Based on my experience working at BYDFi, a digital currency exchange, I can tell you that the best trading times for digital currencies in EST are typically during the afternoon and early evening hours. This is when we see the highest trading volumes and the most price movement. However, it's important to note that the cryptocurrency market is highly volatile and can be unpredictable. It's always a good idea to use stop-loss orders and set clear trading goals to manage your risk. Additionally, it's important to stay updated on market news and trends to make informed trading decisions.
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