Post
Topic
Board Speculation (Altcoins)
Re: Advice on trends
by
mamesso
on 29/09/2021, 03:51:43 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
Market condition are unpredictable my friend, when a trader wants to make a trade, traders will choose coin based on their research and analysis. The highly fluctuating price movements of cryptocurrency are not only the potential for trader to make a profit, but it also poses a big risk in a short time if you choose the wrong coin when making a purchase. So, it is very difficult to guess the right trend or time to trade. Because, the price of cryptocurrency really depends on the amount of demand and supply that is in the market for 24 hours.