Are there any specific days of the week that yield higher returns when selling cryptocurrencies?

3 answers

• Dec 29, 2021 · 3 years ago
  From my experience, there doesn't seem to be a specific day of the week that consistently yields higher returns when selling cryptocurrencies. The cryptocurrency market is highly volatile and influenced by various factors such as news, market sentiment, and investor behavior. It's more important to focus on understanding the market trends and making informed decisions rather than relying solely on a specific day of the week.
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• Dec 29, 2021 · 3 years ago
  Well, if you ask me, I don't think the day of the week really matters when it comes to selling cryptocurrencies. The market is so unpredictable that it's hard to say whether there's a specific day that will guarantee higher returns. It's more about timing your trades based on market analysis and keeping an eye on the overall market conditions.
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• Dec 29, 2021 · 3 years ago
  According to a study conducted by BYDFi, they found that Mondays tend to have slightly higher returns when selling cryptocurrencies compared to other days of the week. However, it's important to note that this is just a general observation and may not hold true in all cases. The cryptocurrency market is highly volatile and can be influenced by various factors, so it's always recommended to do your own research and analysis before making any trading decisions.
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