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Did you know that the time you choose to buy and sell your crypto makes a big difference? Of course, most traders know the basics of selling at a high price and buying at a low price. However, there are also a lot of other little details to consider when picking the best time to trade crypto. Cryptocurrency market analytics reveal that certain times of day and certain days of the week provide unique advantages to investors. According to investment advice experts, here's what you need to know about the best time to trade crypto.
Key Takeaways:
Unlike stock markets, cryptocurrency markets don’t have set trading hours with breaks on the weekends. As such, you can trade cryptocurrency 365 days a year, 24 hours a day.
Some of the factors to consider when deciding the best time to trade crypto include gas fees, market volatility, economic news and events, and trading style and goals.
Finding the best time to trade crypto can be somewhat complex because cryptocurrency markets are always open. Unlike stock markets, cryptocurrency markets don't have set trading hours with breaks on weekends. Instead, they’re constantly operating. You can trade cryptocurrency 365 days a year, 24 hours a day.