Which hours of the day are recommended for buying crypto to get the best deals?

3 answers

• Dec 27, 2021 · 3 years ago
  As an expert in the crypto industry, I can tell you that there is no specific hour of the day that guarantees the best deals when buying cryptocurrency. The market is highly volatile and prices can fluctuate at any time. However, it is generally believed that early morning hours (between 6 am and 9 am) and late evening hours (between 8 pm and 12 am) tend to have lower trading volumes, which may result in better prices. It's important to note that this is not a foolproof strategy and market conditions can vary. It's always a good idea to do your own research and analysis before making any investment decisions.
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• Dec 27, 2021 · 3 years ago
  If you're looking to buy crypto at the best prices, it's important to understand that the cryptocurrency market operates 24/7. While there may be certain hours of the day when trading volumes are higher or lower, it's difficult to pinpoint specific time frames for the best deals. Market conditions, news events, and investor sentiment can all influence prices at any given moment. Instead of focusing on specific hours, it's recommended to keep an eye on the overall market trends, conduct thorough research, and set price alerts to take advantage of potential buying opportunities.
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• Dec 27, 2021 · 3 years ago
  According to a recent study conducted by BYDFi, a leading cryptocurrency exchange, the hours between 3 am and 5 am UTC have historically shown higher chances of getting better deals when buying crypto. During this time, trading volumes are relatively lower, which can result in more favorable prices. However, it's important to note that past performance is not indicative of future results, and market conditions can change rapidly. It's always advisable to consult with a financial advisor and consider your own risk tolerance before making any investment decisions.
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