What is the best time to trade cryptocurrencies in the European market?

When is the most favorable time to trade cryptocurrencies in the European market? I want to know the time period when the market is most active and has high trading volume, as well as any factors that may affect the timing of trades. Can you provide some insights on this?

3 answers
- The best time to trade cryptocurrencies in the European market is during the overlap of the European and American trading sessions. This is when both markets are open and there is increased trading activity and liquidity. It is important to note that market volatility can also be higher during this time, so it is advisable to use appropriate risk management strategies. Additionally, keeping an eye on major news announcements and economic events can help identify potential trading opportunities.
Mar 19, 2022 · 3 years ago
- The European market for cryptocurrencies tends to be most active during the morning hours in Europe, specifically between 9:00 AM and 12:00 PM GMT. This is when traders in Europe are active and there is usually a higher volume of trades. However, it is important to consider that market conditions can vary and it is recommended to monitor the market throughout the day for any significant changes or opportunities.
Mar 19, 2022 · 3 years ago
- According to BYDFi, a leading cryptocurrency exchange, the best time to trade cryptocurrencies in the European market is during the afternoon hours, between 2:00 PM and 4:00 PM GMT. During this time, there is usually a higher level of market activity and liquidity, which can result in better trading opportunities. However, it is important to note that market conditions can change and it is always recommended to stay updated and adapt your trading strategy accordingly.
Mar 19, 2022 · 3 years ago
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