is anyone here trading crypto this weekend?

is anyone here trading crypto this weekend?

yep

Against the background of recent months' events, working with this group of assets seems to me increasingly promising. And I have an explanation for this assumption.
First, these assets are less affected by economic and political events, so they behave more independently against the background of currency pairs and metals. Secondly, these assets form quite strong levels, which do not happen as often as they do with the dollar, for example, on the other hand, they hold quite quickly. this makes it possible to use long-term positions, which brings more stable or even larger profits. Third, many brokerage companies now provide access to crypto wallets, so you can save on commissions. This is convenient.

It seems to me that many modern traders have included this into their work precisely because the market conditions have changed dramatically. And this has led to a change in the way the situation is assessed and the methods of work on the market have changed. On the one hand, this is normal, on the other hand, it has led us all to a new path, which requires new training and constant search. But on the whole, working with crypto currencies is also quite controversial, because there are often periods of absolute calm during which it is quite difficult for you to find the moment when you should open an order... But I think that any approach can bring you profit and any approach can be the basis for a grand future...

It seems to me that this is really big news and a big advantage that you can work with these assets on weekends. At least there are positions for quality fundamental analysis. This means that I can always spend time with benefit and increase my profit potential. But in those periods when the price of these assets changes dramatically - a weekend is a special advantage, because you can increase working time and focus on it accordingly. In general, every trader can decide this on their own, because many people just rest these days and gain strength to work on weekdays, and this is also normal. Everyone acts as he wants.

Yes, I am a full-time crypto trader. Whenever I get a chance, it is only crypto trading that I am doing without giving any second thought.

I was a full time crypto trader and then become full time forex trader and that's why. The risks.
You have several disadvantages trading crypto and few advantages.

Advantages are: it can moon (luck) and you can trade on weekends (but better to have a rest).

Disadvantages are much stronger. First is commissions. If on forex they are 5.5$/7$ for 1 lot on crypto they are 200$. I can't understand why to pay it.

Second big risk is about volatility. If you bought btc yesterday at 19200 then today it is 16900, that is -15%. If you live for that you will just wd and pay more and more. Remember that 19500-3300$ run? It is -85%. No chance to recover.

Third is inability to hedge. There are no exchanges with true hedge functions. Also there are no pairs that you can hedge.

P.S. you can trade crypto on forex and it is good. But I can't understand why it eat so much margin. It seems to me like my leverage is not 1:500 but 1:100 for crypto. May be I'm wrong, just don't have time to investigate it. It is better to trade gold instead. Same virtual shit )

In fact, everyone can try it at least on a demo, because it is a fairly promising area that deserves a lot of attention.
But I would like to note that it is effective not on a permanent basis, but only periodically, when the market gives a really strong movement. Otherwise, I don't see any potential here at all, because the price doesn't change much, and the levels aren't too strong either, so the work itself is boring and stressful enough, and I think that's not exactly what we need. But each of us can have different opinions, and if you have some particularly bright ideas about it, then I'm happy to look at it, I'm always ""for"" new knowledge and perspectives...

I am trying to get into this crpto. Does cypto has same volatility on weekends compared to weekdays ?

I assume if anyone is trading on weekends then they are purely trading based on news rather than technical analysis?

every gad damn day baby !