Ensure you go for the best Bitcoin trading app that allows for risk management. Cryptocurrency’s speculative nature makes it susceptible to news and events. Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment. A prominent example is Binance, where the founder stepped down and pleaded guilty. You should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Moreover, you can always find platforms with fewer regulations to trade crypto assets. Hence, traders constantly check the market, ensuring demand holds up all day. News and a simple tweet can influence a crypto’s price positively or negatively. Volatility: Cryptocurrencies are highly volatile. Demand and the rise of chatbots: We have AI stock trading apps, but they don’t seem to operate as intensely as crypto AI chatbots. These bots can run 24/7, ensuring that demand is met.

We recommend 1-minute charts if you prefer scalping. There’s less stress and noise as you filter out intra-day price movements. Conversely, 15-minute charts provide room for a broader assessment. If you are not looking for the best time to day-trade crypto, swing trading might be a better choice. Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This technique involves holding your position to profit from extended price swings, often for a few days. Take 2 mins to learn more. You should not expect to be protected if something goes wrong. You can make significant gains when used during the best time to day-trade crypto. This is a high-risk investment.

That news resulted in panic withdrawals amounting to over $1 billion. For example, Elon Musk’s tweet about Dogecoin resulted in a 20% increase. Stocks and other traditional assets have an advantage. You can quickly join an alternative data service to analyze significant news and events. While looking for the best time to day-trade crypto, you must consider the reaction times to significant announcements. Cryptocurrency is different, although most platforms try to account for news and events. How do major announcements affect different timeframes? Conversely, negative news can cause panic, resulting in reduced liquidity, like in the case of Binance’s former CEO. Immediate reaction: This reaction often occurs a few minutes after the announcement. Positive news can cause uptrends for crypto assets.

Then, proceed to the next page to receive a verification code. If no code is received, click “Resend code.” You can check the spam box. Input the code you received in your email inbox to verify your email. We recommend using the demo account to find the best time to trade crypto before using actual cash. Once you are ready to deposit, go to the deposit page and input the amount.