I agree with you. Weekends are quite volatile in crypto markets. I use etoro as well as Coinexx specifically for trading Bitcoin and ethereum, although they offer trading in a lot of different cryptocurrencies as well. What I have noticed is that even with a bit of a hype in the market, the prices can either hit the roof or come crashing down. It sure is risky to leave positions open on Fridays.
A few weeks ago, bitcoin dropped again. In my opinion, people who actually got something from cryptocurrencies are those who invested in them at the very beginning. Then they sold them and received their real money.
By the way, now, it is risky for new investors. A lot of new crypto coins appear on the market on a daily basis, and some of them just a fraud scheme. You never know what are you getting into. I see in the news quite often, that a cryptocurrency project was a scam. It is personally my opinion, but I would prefer to invest in some real companies by purchasing their shares. A few days ago, I ran into one interesting article about Huawei stock on https://investotrend.com/huawei-stock-can-you-invest-in-it/. Turns out, not all companies are registered on the stock exchange.
Ace864 posted: A few weeks ago, bitcoin dropped again. In my opinion, people who actually got something from cryptocurrencies are those who invested in them at the very beginning. Then they sold them and received their real money.
Crypto are lot volatile than other investment instrumental. Spreads also higher in this regard.
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