What Time Is Best To Buy Cryptocurrency

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What time is best to buy cryptocurrency?If someone told you that you should buy Bitcoin at a certain time of day, which piqued your interest, but you're not sure if that's the same thing? What is the theory behind this claim?

Bitcoin and any cryptocurrency are notoriously volatile in general. This has its pros and cons. It saw some people become millionaires while others got burned. You might be wondering: what's the secret? Well, it's no longer a secret. The trick is knowing the right time to buy bitcoin.

Let’s face it; most people don’t have all the knowledge they need to deal with Bitcoin. Many active Bitcoin traders are self-taught, and as long as they meet their needs, it will eventually work. Several economists researched the best time to buy Bitcoin and provided their observations based on several factors and analysis.

First, they noticed that the factors that determine the price volatility of cryptocurrencies are very different from those that affect traditional assets. Bitcoin prices rose and fell just as fast. Therefore, it is recommended to invest in Bitcoin only ...
... until its value rises by 20%.

Best time of day to buy cryptocurrencies

As we mentioned before, you can buy cryptocurrencies from exchanges like Binance24/7. But different time zones mean most traders are open during business hours. Usually, day traders and scalpers focus on the best time of day to buy cryptocurrencies. why? Because the main goal here is to take advantage of the increased volatility. Volatility is high when market activity increases.

Because of cryptocurrency trading throughout the day, even into the early morning (regardless of where you happen to live), scheduling your trades at certain times of the day can be dangerous. However, if you analyze several months of data, there are some very common patterns.

Comparing Bitcoin (CRYPTO:BTC), Ether (CRYPTO:ETH), Solana (CRYPTO:SOL), and Cardano (CRYPTO:ADA) trading activity -- some of the most capped cryptocurrencies -- shows that they tend to rise and fall together, This is very handy for buying time windows.

Judging by the data, the best time to buy these popular cryptocurrencies is usually in the morning, and the sooner the better. Others are not considered to be so. "Serious" tokens also follow a pattern similar to Bitcoin and Ethereum, such as Shiba Inu (CRYPTO:SHIB) and Dogecoin (CRYPTO:DOGE).

What is the best day of the week to buy cryptocurrencies?

The best day of the week to buy cryptocurrencies is Monday with the lowest prices. Sunday is the second best day of the week.

After that, prices rose and Friday was the most expensive day to buy cryptocurrencies.

Another way of saying that, based on the same data used to determine the best time of day to buy cryptocurrencies, the best time of the week to buy cryptocurrencies appears to be Thursday. Yes, Thursday. It was down there for six out of eight weeks. If this trend continues (certainly not guaranteed), Thursday morning is the best time to buy.

The second best day of the week to buy is Monday (down five out of eight), followed by Friday and Saturday (both have four out of eight).

cointoview.com
momenticoin.com

What is the best day of the week to buy Bitcoin?

Due to the popularity of Bitcoin among business professionals, the market is most active during the working week. If you want to save some money on your next bitcoin purchase, consider buying on Sunday. You can also buy on the Monday before the market gets busy.

Of course, the Bitcoin market is always open and there will always be some transactions. However, you want to get in when prices are low.

When the market is less active, prices tend to be lower. Not only does this make weekends the best days, but it helps why you should buy later in the day or at night.

The best month seems to be August

If you're looking for the right time of year to buy bitcoin, wait until August. Bitcoin has a long history, and market trends suggest that August is usually the best price to buy cryptocurrencies.
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