Just like the stock market opening time and closing time is the most volatile what do you guys think the most volatile time is for altcoins? When Asia starts the day? Maybe US starts its day? I noticed US time has most the drops. I understand concurrency as a whole is very volatile at all times but still want to get peoples opinions on when they think its most volatile.
Cheers to the community
Cheers to the community
Not that simple, altcoin similar with stock market but not same. If you're stock market player, your post is correct but I'm afraid altcoin can't analyze by open market like stock/ currency ( Asia - Europa - USA ). Altcoin is one trading direction and not two direction like stock/ currency. Besides that, stock/ currency has verified alert news but altcoin doesn't have it. About drop at US time is not because time, but big player replace their money and push news to make supply & demand not balance. Fix your strategy mindset before too late.
Volatility of an altcoin is one of the reasons why every trader was afraid of, but if you're a trader with a brilliant thinking you won't be able to feel that, as long as you've choosen a good coin. We could not compare crypto currency with stock market, because this is involving digital money that circulates through blockchain, and yet stock market was with physical money which is a fiat cash investment. Although its also a trading but in an actual basis their system of money making acts apparently.