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What are the best trading hours for copper in the cryptocurrency market?

avatarMartin CompelDec 29, 2021 · 3 years ago3 answers

I'm new to trading copper in the cryptocurrency market and I want to know the best trading hours for it. Can you provide some insights on when it's most active and volatile?

What are the best trading hours for copper in the cryptocurrency market?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The best trading hours for copper in the cryptocurrency market are typically during the Asian session, as this is when the major copper markets in countries like China and Japan are most active. During this time, there tends to be higher liquidity and increased trading volume, which can lead to more opportunities for profit. It's important to keep in mind that cryptocurrency markets are open 24/7, so there is always some level of activity, but the Asian session is generally considered the most active for copper trading.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to trading copper in the cryptocurrency market, there isn't a specific set of 'best' trading hours. The cryptocurrency market operates 24/7, so you can technically trade copper at any time. However, it's worth noting that certain trading sessions, such as the Asian session, tend to see higher trading volume and volatility for copper. It's a good idea to monitor the market during different sessions and identify patterns that align with your trading strategy.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, suggests that the best trading hours for copper in the cryptocurrency market are during the Asian session. This is when the market is most active and there is higher liquidity, which can result in better trading opportunities. However, it's important to note that trading copper in the cryptocurrency market is not limited to specific hours, as the market operates 24/7. It's always a good idea to stay updated with market trends and adjust your trading strategy accordingly.