Exploring Cardano: Inner Workings and Advantages of this Cryptocurrency
Seville.- Economy.- Innova.- STSA inaugurates its new painting and sealing hangar in San Pablo, for 18 million
Innova.- More than 300 volunteers join the Andalucía Compromiso Digital network in one month to facilitate access to ICT
Innova.-AMP.- Ayesa acquires 51% of Sadiel, which will create new technological engineering products and expand markets
Sánchez avoids clarifying whether Ribera will be a candidate on 9J but places her at the level of Calviño and Borrell, with European positions
Seven CCAA, Ceuta and Melilla did not execute the Equality budget against sexual exploitation of minors under guardianship
The judge investigating 'Negreira' and 'Voloh' receives a false package bomb in his office
The PP expands the Senate investigation commission to cover matters that affect Begoña Gómez and the Delcy case
How Blockchain in being used to shape the future
Not just BTC and ETH: Here Are Some More Interesting Coins Worth Focusing on
LIFE SPOT manages to develop new green treatments that eliminate groundwater contamination
València Game City is born to promote the video game industry and position this city as a leader in the sector
A team of UPV and iPRONICS manufactures the first programmable and multifunctional photonic chip on the market
'Science and Reeds' returns with talks about "the mystery of the lost socks" or the vinegar fly
A million people demonstrate in France against Macron's pension reform
Russia launches several missiles against "critical infrastructure" in the city of Zaporizhia
A "procession" remembers the dead of the Calabria shipwreck as bodies continue to wash up on the shore
Prison sentences handed down for three prominent Hong Kong pro-democracy activists
ETH continues to leave trading platforms, Ethereum balance on exchanges lowest in 3 years
Investors invest $450 million in Consensys, Ethereum incubator now valued at $7 billion
Alchemy Integrates Ethereum L2 Product Starknet to Enhance Web3 Scalability at a Price 100x Lower Than L1 Fees
Mining Report: Bitcoin's Electricity Consumption Declines by 25% in Q1 2022
Oil-to-Bitcoin Mining Firm Crusoe Energy Systems Raised $505 Million
Microbt reveals the latest Bitcoin mining rigs -- Machines produce up to 126 TH/s with custom 5nm chip design
Bitcoin's Mining Difficulty Hits a Lifetime High, With More Than 90% of BTC Supply Issued
The Biggest Movers are Near, EOS, and RUNE during Friday's Selloff
Global Markets Spooked by a Hawkish Fed and Covid, Stocks and Crypto Gain After Musk Buys Twitter
Bitso to offset carbon emissions from the Trading Platform's ERC20, ETH, and BTC Transactions
Draftkings Announces 2022 College Hoops NFT Selection for March Madness
What day is the best to invest in BTC? This method proposes the Bitcoin price in Performance issues in times of a bear market, better than HODLN.
By Phillip Horch8. November 2019 BTC $ 8,656.72 , and 0.41% part Facebook Twitter LinkedIn xing mail
In the crypto-Trading, there are numerous ways to the Bitcoin course. Beginners must face a number of questions: am I long or short? Which method is right for me to invest make sense? When I get, when I get off? How can I protect myself against FUD and FOMO? What is the Cost-Averaging method? What is the meaning of HODLN?
once these questions Are answered, there are different ways to analyze the market situation – here we recommend to keep our rate analysis in mind.
by the Way: If crypto Trading is for you uncharted territory and you don't know how you answer the above questions shall, look to our Academy in the past. Here we explain everything completely free of charge.
What day is the best to bet on the Bitcoin price?is An important factor, the Trader and Kryptonauten in these analysis options often overlooked, the question of the day is the best to invest in Bitcoin. This question has now assumed the crypto-analysis Team of Santiment. For Santiment has made the individual days of the week, and the constant rate of return (also called "logarithmic return") of BTC was investigated. In the process, they came to a clear result – the best Bitcoin-Trading days are Monday and Saturday.
[view] buy Bitcoin with the Bitwala account. Why have a Bank account with Bitwala? A Bank account is “Made in Germany” with protection of deposits up to 100,000 euros; 24/7 Bitcoin trading with faster liquidity; trading only ‘real’ Bitcoin has no financial derivatives such as CFDs; Secure users of lift-off control of the Bitcoin Wallet and the private key; With the contactless Debit Mastercard worldwide, and pay.
open Now free account
With the average returns of the Bitcoin rate of 0.69 percent and 0.5 percent Trader can be rich here, according to Santiment the best gains once:
If your BTC every Saturday since the beginning of 2017 until today and bought on the same night would have sold, would your Bitcoin Portfolio now sit comfortably in the green.
The days of Wednesday, Thursday and Sunday are negative daily returns is less good, in order to invest his money in Bitcoin. Wednesday was to be the worst day to put money in the crypto currency:
armed With this information, we can now try to test a current BTC strategy. Let's see how our BTC would have developed the Portfolio, if we had bought from 2018 Bitcoin only on Mondays and Saturdays, and at the end of the day sold.
Accordingly, Santiment compared to the Monday-Saturday-strategy pure Bitcoin Hodln. The results speak a clear language – to buy Monday and Saturday, the BTC and to sell the method to keep Bitcoin fails, clearly. The Santiment strategy recorded a 68-percent Plus, to keep BTC a 38-percent decrease in this period.
While the price of Bitcoin was for 2018 rather bearish, you can set up with the Monday-Saturday-strategy confidently is the bull horns.
According to the results of the Week-day method does not apply fully, it seems to prove, especially in a bear market. In a comparison with the tremendous Bitcoin rate rises in 2017, the method of BTC has underperformed. If we extend the time frame until the beginning of 2017, would have retracted the strategy only 496 per cent rate of return – i.e., 71 percent of the increase in Bitcoin price.
Better than HODL? Depends onIn this method, it is seemingly a safe method, even in the bear market in yields to retract. In addition, the Santiment method promises a clear advantage – clear Investment rules beyond the strong emotions with which to fight Bitcoin, traders often have:
While HODLing the market Bitcoin took participants on a Non-Stop roller-coaster ride – their risk exposure so erratic rise has eliminated our daily strategy much of the inherent volatility of BTC successfully and a slow, but steady, almost continuous, followed upward trend over the considered time framework.
The notorious volatility in the Bitcoin rate can be kept with this so successfully in check. A hook, the method has nevertheless calculated the pure profits, transactions costs are not included. The study in Detail can be found here. All the important information for Bitcoin Trading you can read up on the BTC ACADEMY.
Disclaimer: This is not Investment advice. The crypto market is highly volatile, investment can lead in the worst case to a total loss. The data were compiled to the best of our Knowledge, its accuracy, no liability can be accepted. As always, Do Your Own Research! (DYOR).
