Post
Topic
Board Speculation
Re: Monday Is the Best Day to Buy Bitcoin?
by
Silberman
on 28/01/2020, 18:56:08 UTC
Monday is the best day for you to buy your bitcoin?  Huh Huh

In the graph, we could easily see and conclude that Mondays are the top average return of all days in a week. Also, we could see that Wednesday and Thursday that has average return of -0.09% and -0.23%.

In my opinion, I think for long term investment these days doesn't really matter anymore as long as we do buy low and sell high in the market, but I do believe that this analysis is on point in weekly investment or short term investment.

What are your thoughts about this?



While interesting that does not really tell us anything useful, just because that has been true that does not mean that you need to change your pattern as a trader or as an investor, it could have been easily found that instead of Monday the best day to buy bitcoin was Sunday, my point is that since the demand is uneven there was bound to be a day in which you could get slightly better results just by chance and as such this is not important at all and you must keep trading as usual and make no adjustment to your strategy.