Post
Topic
Board Speculation (Altcoins)
Re: Advice on trends
by
Woodie
on 25/09/2021, 18:48:57 UTC
With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?

Appreciate any input ... thanks
You are right on that one about weekends being quieter because my indicator for me is the gas price, whenever I try to move my Ethereum based tokens/coins gas fees are lower over the weekend as compared to moving coins during week days but in terms of indicators to know the direction of these altcoins just follow the trend bitcoin is going with, if it shows signs of bring bullish be bullish too and vice versa and almost forgot...you can equally follow Elon Musks tweets about cryptocurrencies these do yield some serious reaction too,Goodluck.