Why it seems that bitcoin is most active at night in the US eastern time?
I wake up at 4:30am to an alarm from my phone telling me btc dropped from 1120 to 1050 in a matter of minutes. Then i stay awake for about an hour buying and selling during the "volatility" and place a buy order when i see that the price seems stable at 1100 and go back to sleep. Then i freaking wake up again 3 hours later after hearing my phone vibrate like crazy to find the price dump to 920!! What do i do now? Hold? Or Sell?
For those in east coast, how do you deal with this volatility during the early hours of the morning???
Ahahah btc trading is like extreme sport! You never know when you're going to die xD
Volatility is high in US nights mainly because big companies and big miners have no reason to not perform their operations when people aren't very active, it's easier for them to manage their trades if they deal with orders placed and not actual people that can react fast.
And I'd say that now is time to buy, or at least place order for around 930$. But it's btc so oyu never know that's the whole point ^^