Re: Don't let the holiday catch you - if you are a day trader.

Quote from: tonlong on May 03, 2019, 04:27:32 PM

Quote from: cybersofts on April 23, 2019, 12:19:36 PM

Why the cryptocurrency market always go down during the holidays? even the smaller ones like Easter?
I noticed many times in the past the crypto market normally goes down when people are on holidays from Christmas to Eid-mubarak.
Just noticed the market also relaxed during the smaller holidays like Easter, Diwali (a bit) and Maulud. but not on the valatine's day - lol!

Well, the market started recovering from the Easter holidays today and it appears the bitcoin is heading to another milestone, which is very nice.
What is your take on this matter? Feel free to share views with us here... thanks

[im g]https://i.imgur.com/GOFlyUC.png[/img]

The reason for Bitcoin coming up well, I think depends on positive or negative information so the days of thinking do not affect Bitcoin's price. The effect is only for New Year or Christmas, Bitcoin often increases in price.

The rise is even more than 4.47 % right now as Bitcoin has surpassed 5,600 USD value in the open market. This is great and I am happy about it as it going to be very instrumental in attracting investors. We can get the value raised more as well. This is important to be part of this bullish market and many people join due to FOMO but whatever the reason is, it eventually pay off for them.