What are the risks and benefits of trading altcoins in after hours markets?

1 answers

• David PartridgeFeb 10, 2024 · a year ago
  As a representative of BYDFi, I can say that trading altcoins in after hours markets can offer unique opportunities for traders. While there are risks associated with lower liquidity and potential price manipulation, there are also potential benefits. After hours trading allows traders to react to news and events that occur outside of regular market hours, which can result in significant price movements. Additionally, traders who are unable to actively participate during regular market hours can still engage in trading altcoins during after hours. However, it is important for traders to carefully assess the risks and benefits and consider their own trading strategies and goals before engaging in after hours trading of altcoins.
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