Quote from: tottong on Today at 05:11:49 AM

Quote from: Bright0515 on February 07, 2024, 08:49:22 PM

Same to Bitcoin patience matters alot you may sometimes sell your Bitcoin because of fear of depreciation in value exchange while some still hold on to it
I just discovered that Bitcoin most times depreciates in day time but when it gets to late hours at night it increases its exchange value I don't know if anyone has this observation as well

If you have an idea and knowledge about bitcoin then I am sure under no circumstances will it make you panic.
If you see bitcoin depreciating at night, then what about some people living in other countries. For example, where you live it is already nighttime and where other people live it is already daytime, time zones in countries are different and it is impossible to say that Bitcoin depreciates during the day.
There is no need to panic because bitcoin can always recover and that process is what makes bitcoin much safer to use for trading.

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So for me in this situation you can buy your Bitcoin at day time and trade it at night when it adds
But it is very important to watch at it carefully.

Trading is not as easy as you imagine because if trading were that simple there would be many people involved in trading.
In fact trading is much more difficult to carry out and buying bitcoin during the day then in the afternoon bitcoin can go down or up.

Yeah I understand that all time zones are not the same. But at the same time you don't stay everywhere, when you want to trade online you will not consider the time zones of other places but your own so as to favour you.

As at when I dropped this post, in my country Bitcoin operates just as I have highlighted it here. There are factors that can affect a business it can be time, it can be place and also date maybe. I don't know where you are from but you have to consider your country time zone.