and trading volume . That's just like a grocer with vast quantities of produce to sell will ideally want to set up his stall at the busiest market with the most visitors.
Finding the right hours to conduct trades is not just a challenge for spot traders , but also for investors in decentralized finance during weekends. “The market is less compelling to trade,” he said. If bitcoin rises on a weekend, the expectation among traders is often that the market would move down over the week, Clark explained. “‘Never trust the weekend’ is a good thing to remind yourself.”There’s a great deal of trading activity in DeFi, where traders can tinker with tokens that haven’t been listed by centralized exchanges. But when’s the best time to trade on DeFi, particularly Ethereum?
“It looks like people have been trying to be clever and transact less around the most active hours of the day. But that just made the less active hours more active and therefore more expensive,” Higgins said, sharing the chart below.As of October, 2022, a heatmap from Anyblock Analytics shows there's still a dip in transactions and therefore gas fees on weekends and that the most expensive time is when the U.S. wakes up to trade.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: screenrant - 🏆 7. / 94 Read more »
Source: EatThisNotThat - 🏆 294. / 63 Read more »
Source: screenrant - 🏆 7. / 94 Read more »
Source: BuzzFeed - 🏆 730. / 51 Read more »
Source: screenrant - 🏆 7. / 94 Read more »
Source: screenrant - 🏆 7. / 94 Read more »