Very important.
Trading times make the difference
There are certain times that are more suitable for making big gains.
* Some important points about the best times to trade in the cryptocurrency market:
Best daily trading times
1. Asian period: It starts from 11 am to 8 am GMT. This period witnesses activity
in Asian markets such as Japan, Korea and China.
2. European period: It starts from 7 pm to 4 pm GMT. This period is considered active due to the overlap of European markets with Asian and American markets.
3. American period: It starts from 1 pm to 10 pm GMT. This period witnesses great activity due to the overlap of American markets with European.
Best monthly trading times
1. Beginning of the month: Prices tend to rise in the first 10 days of the month, providing good opportunities to sell.
2. End of the month: The end of the month can be a good opportunity to buy, as prices tend to decline after the rises that occur at the beginning of the month¹².
To make big profits
1. Analyze historical data to identify time patterns that can help you make better decisions.
2. Keep up with news and economic and political developments that can greatly impact cryptocurrency prices.
3. Use risk management strategies such as setting stop loss and take profit to protect your investments.