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Best Time Of Day To Buy Bitcoin

Now Is The Best Time To Invest In Bitcoin, Says Digital Currency Hedge-fund Manager

Now Is The Best Time To Invest In Bitcoin, Says Digital Currency Hedge-fund Manager

Market watchers should invest in bitcoin now that prices are down, says BK Capital Management founder Brian Kelly . "Now, when everyone is saying ... it's over, that's it, bitcoin is dead, for the 175th time. Now's the time you start looking at it, on the buy side," Kelly, portfolio manager of the BKCM Digital Asset Fund, told CNBC on " Fast Money " Tuesday. With uncertainty over the regulatory environment of digital currencies in South Korea and China , Kelly pointed out that cryptocurrency is in a "hand-off" period, moving from retail Asian investors to U.S., European and Japanese institutional investors. "And that money is still coming in," he said. "The flows have not stopped." "This is not the end of bitcoin," Kelly said, warning investors that buying the extremely volatile asset when prices are high can be dangerous. "When we talk about bitcoin being up at $20,000, everyone is running around being all excited," he said. "Those are the times to be a little cautious." Bitcoin prices have remained stagnant between $10,000 and $11,000 for the last week, not recovering from price highs of $19,500 in mid-December. The 45-percent drop in value has some market experts worried that the bitcoin bubble may have burst for good. But Kelly said the falling prices were "incredibly healthy for the ecosystem. You shake out the weak hands. You get strong hands in there." Kelly has three golden rules for crypto investors: 1. Only risk 1 percent to 5 percent of assets. "This is a new technology," said Kelly. "Things break. This is the internet in 1995." With an asset that fluctuates in price so much, the potential for growth is exponential but so is the loss. If the investment doesn't work out, losses can easily be absorbed, Kelly pointed out. Kelly recommended holding on to the cur Continue reading >>

Bitcoin: Why You Should Buy And Stay Away From The Cryptocurrency | Fortune

Bitcoin: Why You Should Buy And Stay Away From The Cryptocurrency | Fortune

Bitcoin has gone on bull runs before but nothing like this: Prices this week shot through the $3,500 mark as the mainstream media hailed digital currency as a new asset class. Then it got another boost as the blue chip brokerage house, Fidelity, allowed its customers to create bitcoin accounts. Now, some people are calling for it go even higher. As Quartz reports , a Standpoint Research analyst has called a target of $5000 for bitcoin by 2018. This raises the question of whether ordinary investors should put a smidgen of their savings, or even their retirement accounts, into buying bitcoin. (Keep in mind you dont have to buy a whole bitcoin. Since its digital, you can buy a hundred millionth of onethis tiny unit is called a Satoshi after bitcoins creator.) There are strong arguments to buyand also strong ones to stay the heck away. Here are three of each. Major investors and the financial industry is taking it seriously Since its creation in 2008, Bitcoins biggest boosters have been computer geeks and libertarians. But recently, theyve been joined by a growing number of mainstream investors and entrepreneurs who see bitcoinand other digital currenciesas a legitimate asset class such as stocks, bonds, or commodities. In 2017 alone, famous names like Andreessen Horowitz and Sequoia Capital have bet on hedge funds that are investing hundreds of millions of dollars into digital currency funds. Meanwhile, the financial infrastructure to support bitcoin and other digital currency is maturing rapidly: Coinbases GDAX exchange has supported margin trading since March, while the Commodity Future Trading Commission just gave the green light for firms to sell digital currency options and other derivatives. There is only a limited amount of bitcoin One reason to buy bitcoins are a Continue reading >>

3 Bitcoin Day Trading Strategies And Guide

3 Bitcoin Day Trading Strategies And Guide

Jordan Tuwiner Last updated July 13, 2017 Weve previously examined general Bitcoin trading in depth. This article focuses on day trading Bitcoin. Given the chaotic sleep schedule of most traders, day trading could be better stated as: Trading when its convenient to you, without holding any position while you sleep. Day trading is an active and involved trading style which seeks to capitalise on short but significant price moves. Bitcoin has more than its fair share of short but significant price moves! This makes Bitcoin a great instrument for day traders. We might go so far as to call Bitcoin the ultimate day trading instrument, based on these 5 factors: Trading-focused Bitcoin exchanges have very low fees and minimums compared to traditional exchanges. Zero fees for makers are common and you wont pay more than 0.25% in fees if you choose your exchange wisely. Our site helps you choose! Bitcoin can be traded from anywhere in the world, 24 hours a day, 365.25 days a year. It doesnt matter where you are or when you have time to trade; you can be part of the multibillion Dollar Bitcoin market if you have an internet connection. Day trading lets you profit from Bitcoin without having to understand its technical complexities nor hold a long-term position in a new form of money, which is still considered experimental. Several Bitcoin exchanges offer leveraged trading. This means you gain can more exposure to upside and downside price risk than your trading budget would ordinarily allow. Bitcoins volatility remains much higher than most other trading instruments, with the exception of alternative cryptocurrencies. This means youre likely to find plenty of tradeable action in the Bitcoin market. For better or worse, Bitcoin seldom has dull, sideways price action! Bitcoin vola Continue reading >>

The Best Hours To Trade In The Market

The Best Hours To Trade In The Market

Global Africa Arabic Canada China Czech Republic France Greece India - English India - Hindi Italy Japan Latin America Pakistan Philippines Russia South Korea Turkey UK Ukraine US Forex Trading, unlike the stock market, takes place 24 hours a day. This means that in theory, one trader can be working on his trades all night and all day, no matter what country he is in. Obviously, this is not a good idea. No one can sustain those hours, no human can be awake that long and even if someone would be, their judgement would be clouded by lack of sleep. Since you cannot actually trade all day and all night, you must choose the optimal times to focus on your Forex Trading . There are four basic market time zones on which the Forex Market operates. When more than one of these markets is open, there is more trading going on which leads to more fluctuation in currency pairs. This means that the pip spread is larger when more than one market is open, allowing for more potential gain. There are a few time slots each day where there is significant overlap. They are: US/London which happens from 8AM to Noon, NY time. Sources tell us that more than 70% of all trades happen during those hours. The US dollar and the Euro are the most commonly traded currencies so it makes sense that the trades would happen when those markets are overlapping. The Frankfurt market is open at this time as well so it allows for even more activity. This is considered a most lucrative time to trade. Sydney/Tokyo overlap is from 2AM to 4AM. This is not as active a time as the US/London overlap but the Euro/JPY pair is most active during these hours and therefore there is a higher pip fluctuation. This time period is particularly beneficial to those trading Japanese Yen paired with either USD or european currenc Continue reading >>

Any Tip On What Time & Day To Buy And Sell Altcoins And The Main Coins?

Any Tip On What Time & Day To Buy And Sell Altcoins And The Main Coins?

Any Tip on what Time & Day to buy and sell altcoins and the main coins? The newbie here has few questions and I would love to know the option of the gurus here: 1 - What is the best time and day to trade the small altcoins (and/or the main 3 coins BTC, LTC, ETH)? For example, I was watching some charts for BTC and I noticed that around 21:00 PST we have a swing upward. So, maybe a good time to buy BTC is around 21:00 PST (I am in California and this time is California time) 2 - Any specific day? I hard Peter mentioned before Friday to buy Bitcoin? Maybe Friday 21PM is a good day to buy weekly bitcoins? Maybe Sunday because the markets in Asia are opening? Since I have a day job (9 - 5) it is very difficult to watch charts (I am getting crazy like you guys already :D). Anyways, just want to know your opinion to try to build some strategy to climb until the Moon. Ive noticed lately that a good time to catch swings is when the Korean markets are trading heavily, generally on their open and close of their business hours. I think they are in the GMT+9 timezone if Im not mistaken. For me on the east coast their heaviest trading seems to be around 5-6 am, so that would be like 2-3 am on the west coast unfortunately. This is particularly true when a coin is listed on a Korean exchange as happened with Monero a couple of days ago. I think the traditional market hours in the US are also good to watch, as there can be high volume in the mornings in the US on news that happened overnight while folks were asleep. FOMO kicks in pretty heavily when people wake up to a huge market move thats already underway. Other than that, watch general crypto news sources for news that might indicate a shift in market sentiment leading to a breakout of a price on a specific crypto. Unfortunately, Continue reading >>

Best Day / Time Of The Week To Buy Btc. : Bitcoin

Best Day / Time Of The Week To Buy Btc. : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

10 Step Guide For Day Trading Bitcoin, Ethereum Andlitecoin

10 Step Guide For Day Trading Bitcoin, Ethereum Andlitecoin

10 Step Guide for Day Trading Bitcoin, Ethereum andLitecoin Ethereum is up over 2,000% since the start of2017. Bitcoin is one of the most important inventions in all of human history. For the first time ever, anyone can send or receive any amount of money with anyone else, anywhere on the planet, conveniently and without restriction. Its the dawn of a better, more freeworld. This past Labor Day weekend (Sept 2017), needing a break from my startup Harvey , I had the choice of binge watching Narcos 3 on Netflix or taking a deep dive into cryptocurrencies. Since learning about the impressive $100M fundraise by Coinbase at a $1.6B valuation last month, Ive been eager to understand their product suite a little better and discover where there might be a new income opportunities, so I jumped in and went deep. Disclaimer: I am not an expert in cryptocurrency day trading, nor do I pretend to be one. I am not offering financial advice. Please understand your own risk tolerance and be responsible with your hard-earned money. I started by wanting to know, in particular, if bitcoin was going to be the punchline of jokes like beanie babies in the 90s, and featured in Economics 101 classes as part of bubble theory. My quick conclusion: I dont believe the bitcoin hype is over-exaggerated. While there will be significant volatility in the price and valuation of bitcoin over the coming years, I strongly believe it and the entire asset class of cryptocurrencies will become a core part of the financial system within 3 years or less. There is enormous risk in trading these assetsmore so than gold, REITS and other commoditiesbut the global market capitalization of cryptocurrencies ( $148 billion today ) I expect to pass $1 trillion by 2019. Many of todays coins will die off, and the ones th Continue reading >>

How To Buy Bitcoin: A Step-by-step Guide - Business Insider

How To Buy Bitcoin: A Step-by-step Guide - Business Insider

Bitcoin hit a record high of $16,623 per coin on Thursday, December 7. Two years ago, the idea of buying the virtual currency even at that price was laughable. After a rapid rise in value in 2013, the cryptocurrency's value more than halved by mid-2015. At its lowest point, one bitcoin was equal to about $230. Given the currency's covert nature, the average person still may not understand how buying and selling actually works. Using the app Coinbase , which lets anyone trade bitcoins for a small fee, we decided to find out. A brief warning: If you're going to do this, tell your bank you're about to buy bitcoin. More on that later. And to read more about blockchain, the technology powering bitcoin, click here . This is what the Coinbase app looks like on an iPhone. When you first open the app, you're presented with the latest price of bitcoin and its change within a certain period. You can see in the chart below how wild the latest moves have been. (We bought the bitcoin in January 2017.) I happen to be one of the many who have never traded bitcoin before. There's a certain level of wariness in buying into the cryptocurrency world. However, Coinbase's interface makes it simple to enter the basic personal information it needs to create your account. User-friendliness quickly hit a snag. When I put in my address, the app didn't recognize I had already selected it from the autofill menu. I couldn't proceed unless I switched to the desktop app. So switch I did. From the desktop portal I could easily enter more identifying info. The final step before entering my financial information was two-step verification for security, which Coinbase quickly sent to my phone. I decided to give the app another try and opted to use my debit card to buy the bitcoin. Entering all my informat Continue reading >>

The Best Time To Buy Bitcoin

The Best Time To Buy Bitcoin

Posted by Zack Voell and Pierre Rochard | Dec 6, 2017 This article isco-authored by Zack Voell and Pierre Rochard and re-published from You, Me and BTC . Zack Voell is the managing director of You, Me and BTC, and Pierre Rochard is a software engineer and co-host of the Noded Bitcoin Pocast . With each new all-time high comes an increasing number of people with hot takes on the best time to buy Bitcoin, and even more people eager to listen. Plenty of wise guys say never is the best time to buy (for this article, theyre irrelevant). Others create immaculate price-chart artwork that isolates a specific date or price. Some of these clowns even give themselves titles like Blockchain Investors or offer free e-book guides for buying Bitcoin. But the best minds in the cryptocurrency space will almost invariably respond with three words when asked when to buy Bitcoin: I dont know. Ignore anyone who says anything else. Searching for the best time betrays a focus on short-term price performance and chasing quick returns. This mindset is ill-advised. Serious Bitcoin adopters do not care about short term profits, and anyone eager to buy Bitcoin also should not. Bitcoin is a revolutionary form of sound money, not a get-rich-quick scheme. But Bitcoin is also a patently contrarian investment and somewhat unintuitive to boot. Seeking a modicum of advice before exchanging fiat currency for cryptocurrency is a rational choice. Except advice premised on a best time is bad advice. Good advice: adopt three incredibly simple principles before buying a single Satoshi. Educate yourself, buy the dips, and never sell. Buying Bitcoin is no different from investing in any other traditional asset class. No one should buy what they dont understand. Before buying a single Satoshi, commit to a synchr Continue reading >>

Is This A Good Time To Buy Bitcoin?

Is This A Good Time To Buy Bitcoin?

It is a difficult task to call a bottom when an asset class is in a downtrend. However, using technical analysis, we can at least try to get a rough idea about the levels that can offer a strong support. Please remember that when panic sets in the decline can easily overshoot on the downside. Therefore, traders should scale into the position instead of investing all the available money at once. // -- Discuss and ask questions in our community on Workplace . A fall to the 200-day EMA has proven to be a good long-term buying opportunity in the past two years. Traders can buy 25% of the desired allocation around the $8900 levels and keep a stop loss of $7400. Averaging down is not a good trading practice. Hence, fresh positions should be avoided if the price breaks down and sustains below the 200-day EMA. What is our track record in picking tops and bottoms? Calling a top is a very difficult task. We tried to call a top in Bitcoin on two occasions. The first call on November 27 proved to be wrong. We had expected a dip of about 30% from the highs to about $7,000 but Bitcoin only dipped to $8595.95 levels on November 29 and that too only during intraday. Thereafter, Bitcoin continued its incessant run and we again made a call of a top on December 08 , when it was trading just above $16,000 levels. The virtual currency topped out at $19891.99 levels on December 17. This call proved to be very close to the top. Traders who sold following our call would be sitting pretty with enough money to invest at lower levels. So, is Bitcoin a good buy after falling more than 50% in about a month and a half? Lets see. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // In end-2015, the p Continue reading >>

Trading Column `the Writing On The Wall Futures Are Almost Here, Is This The Right Time To Buy?

Trading Column `the Writing On The Wall Futures Are Almost Here, Is This The Right Time To Buy?

Trading Column `The Writing on the Wall Futures are Almost here, Is This the Right Time to Buy? This post is the second in a trading tips series called The Writing On The Wall, in which our game theory guide Eric Wall tries to anticipate market signals. This weeks focus is on timing your bitcoin investment and when it might be the best time to buy. Also read: `The Writing on the Wall What Will CME Bitcoin Futures Do to the Price? The price of bitcoin has risen +938% this year so far. Whats new for 2017 are the signs of institutional capital finally finding its way into the cryptocurrency market through various means ( 1 , 2 ), but were nevertheless also seeing an unprecedented influx of retail investors, with Coinbase adding roughly 50,000 users per day as of late. Many new speculators have been watching bitcoin from the sidelines for some time and are now warming up to the idea of finally taking the leap. But, given the tenfold increase bitcoin has already enjoyed this year, it is of no shock that the most echoed concern from these users is whether or not it really is a good time to buy right now. In this article, I will do an analysis of the current market situation in bitcoin in order to try to answer that question. First, we need to establish some time-frames on which the question is supposed to be evaluated. Essentially, what the question Is it a good time to buy? really is asking is whether or not theres a good chance that there will be an even better buying opportunity presenting itself in the future. As such, I will analyze the prospect of that happening on three time-frames of different lengths. In December, the most crucial event taking place in terms of the bitcoin price is by all accounts the 18 Dec launch of cash-settled bitcoin futures on the Chicago Merc Continue reading >>

Bitcoin Price: Now Is The Best Time To Invest In Bitcoin, Says Expert | City & Business | Finance | Express.co.uk

Bitcoin Price: Now Is The Best Time To Invest In Bitcoin, Says Expert | City & Business | Finance | Express.co.uk

Cryptocurrency trader Brian Kelly said market watchers should invest now that bitcoin price are low. Mr Kelly told CNBC on Tuesday: Now, when everyone is saying it's over, that's it, bitcoin is dead, for the 175th time. Now's the time you start looking at it, on the buy side. Mr Kelly, a portfolio manager of the BKCM Digital Asset Fund, said investors must remain cautious and avoid buying coins when the prices are high. He said: When we talk about bitcoin being up at $20,000, everyone is running around being all excited. Bitcoin price plummet is best time to invest - Brian Kelly When we talk about bitcoin being up at $20,000, everyone is running around being all excited Bitcoin price decreased to $10,962.42 at10:35amon Wednesday, according to CoinDesk. It saw its highest value before Christmas when it reached the monumental price of just under $20,000. Kelly said the falling prices were "incredibly healthy for the ecosystem. You shake out the weak hands. You get strong hands in there". Mr Kelly outlined his three golden rules for those wanting to invest in cryptocurrencies. He said you must only invest 1-5 percent of assets because cryptocurrencies remain to be new technology. Secondly, he said you must not sell too soon, even if it is up 20 or 30 percent. He said: "Once there's momentum, you hold onto this thing," Lastly, he said you must not panic if the coin drops by 50 percent. He said: "These things can move 20 percent to 30 percent in a day. Bitcoin's popularity has caused demand to skyrocket throughout 2017, pushing other cryptocurrencies like Ripple and ethereum to also reap the benefits of the cryptocurrency craze. Mr Kelly said those wanting to join the cryptocurrency craze should look at foundational currencies such as bitcoin, Ripple and Stellar. Compare cr Continue reading >>

Statistically, What Is The Best Day To Buy Bitcoin? : Bitcoin

Statistically, What Is The Best Day To Buy Bitcoin? : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

What Is The Right Time To Buy Bitcoin

What Is The Right Time To Buy Bitcoin

If you read the news, you have probably become aware of the fact that the price of Bitcoin has been consistently going up for quite a while. At a point, you probably realized you didnt want to be the one person to miss out one of the best investing opportunities of the last decade, so you want to get in. Bitcoin prices may be constantly going up, but they are also very volatile, which can scare away many investors. You will see many news stories covering this from various angles. Some will talk about how quickly Bitcoin has gone up and others will talk about the most recent drastic dip (despite the fact that Bitcoin is still up on the month). The point is volatility creates risk and scares away the investors who arent willing to lose all the money they put into it. The funny thing about this is that the volatility actually works to create the investment opportunity. If there was a sure-fire way for investors to make 50% returns per annum consistently, then everyone would be throwing their money in as fast as possible. But the volatility means risk, and not everyone is willing to handle that. So, the hard part of investing in Bitcoin is figuring out what you want your strategy to be. There are a few different ways to approach it, and you will need to tailor your approach to whatever suits you best as well as what you think will yield the highest returns. Warren Buffett has popularized the investment approach of just buying a security and holding it forever or until your original thesis about the security changes. This appears one of the most popular approaches investors take with Bitcoin. When presented with the option to day trade and be smart about their management of Bitcoin, some investors just realized that it wasnt worth it and would be safer to buy Bitcoin for a Continue reading >>

Bitcoin: Which Day Is Best To Trade?

Bitcoin: Which Day Is Best To Trade?

In the last issue of Seasonal Insights I discussed how the S&P 500 index performs on individual days of the week. In this issue I will show an analysis of the average cumulative annual returns of bitcoin on individual days of the week. While this is beside the point, we note the crypto-currency (and other alt coins as well) has had minor performance issues lately. The white line indicates important lateral support, but this looks to us like it could be the beginning of a higher-degree correction, mainly because it so far proceeds with greater verve than previous corrections over the past year. Besides, the recent rally in this trading sardine seems rather stretched, and the term stretched by itself actually sounds inadequate as a descriptor. It needs an adverb insanely might do. It seems to me that bitcoin is particularly interesting for this type of study: it exhibits spectacular price gains, it is a very new instrument and it is unregulated. Moreover, it trades around the clock, even on weekends. Given this setup, I found myself wondering: do prices rise uniformly? And does their performance on weekends differ from workdays? The Action Mainly Takes Place At Beginning Of The Week The first chart below shows the annualized performance of bitcoin since 2011 in black, as well as the cumulative annualized performance on individual days of the week in blue. Note: due to the extent of the rally to date, the compounding effect is particularly strong; the average cumulative returns achieved on individual days of the week, therefore, dont add up linearly to the total annualized return of bitcoin. I have inserted a break in the black column and the scale of the y-axis in order to improve the clarity of the chart. Bitcoin, performance by individual days of the week, 2011 to 2017 Continue reading >>

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