Dear Diary: Crypto Moves Like Clockwork With Its Price Movements
Source
It is always certain that on Thursdays and Fridays traders on crypto sphere sells out for profits and it makes the prices go down each and every time. So if you are observant you can sometimes obey your gut feel and buy or sell when the golden moment arrives.
That is why maybe many people are quite addicted into cryptos and trading because of the surprises, exhilaration, excitement, and rewards that trading gives them especially if they know that they will certainly profit from their trading positions because of their basic knowledge on trading and exchanging their digital assets.
So in my opinion we just have to keep in mind the volatility of the market so that we won't get wrecked because of our zealousness and try to examine things before plunging into trading and exchanging. But often, one thing is for sure, that there is always a sell-off during weekends and it is one opportunity to buy in or sell and enjoy the profits that you earned.
So your opinion is very useful that there is always a sell-off during weekends.
Thanks for the tip! I'll look out for that. Though I don't usually trade - the market has no logic. I just buy up STEEM when I can, and when the price is low.
Nice one buddy. That is a trading rule that has been helping me and friends, especially now that the market is unstable.
Very nice observation and advice, would that do with Forex also kabayan?
Gracias por el consejo lo tomaré en cuenta @cryptopie
From your analogy of the crypto markets it seems since their is massive selloff during weekends like Thursday and Friday which will lead to price decline. Then the best time to buy will be Mondays and to sell off on weekends for a profits
No! Buy the dips - buy when it's low and sell when it's high :)