Very Helpful for my Asian Crypto mates. must read.
javedchuhan
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Determining the best time to buy cryptocurrencies (such as Bitcoin, Ethereum, etc.) according to Pakistan Standard Time (PKT) depends on market analysis and your investment strategy. However, generally, there are certain times when the market offers relatively better or cheaper prices.
Crypto Market Schedule:
The crypto market remains open 24/7, which means it operates day and night — 7 days a week, 365 days a year.
Generally good times (according to Pakistan Standard Time):
1. From 1 AM to 5 AM (Off-Peak Time)
This time marks the end of the night in the United States and the beginning of morning in Asia.
Due to lower activity in the market, there is less volatility in prices, and there may be opportunities to buy at lower prices.
2. Sunday night and Monday morning (Week Start Effect)
During the weekend, uncertainty in the market increases.
Monday morning (according to Pakistan Standard Time) brings new activity to the market, which can cause prices to go up or down — this can be a good time to buy after research.
3. Before major news or during FUD
When there is fear, uncertainty, or doubt in the market (FUD: Fear, Uncertainty, Doubt), prices may go down.
If you are a long-term investor, this time is good for "Buy the Dip."
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.