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Don’t Buy Crypto on This Day of the Week
Yahoo Finance· 2026-01-01 00:00
Core Insights - Timing is a crucial factor in trading success, particularly in the volatile cryptocurrency market, which reached a market cap of over $3 trillion a year ago [1][2] Group 1: Best Times to Buy Cryptocurrency - It is advisable not to wait until Friday to buy cryptocurrency, as prices generally start low on Monday and rise throughout the week, with a drop over the weekend [3] - The end of the month is considered the best time to buy crypto, as prices typically rise in the first weeks of the month and then fall towards the end [4] Group 2: Market Volatility and External Influences - The cryptocurrency market is known for its extreme volatility, and investors should be aware of their risk tolerance before entering the market [5] - Traditional stock market activities can influence cryptocurrency trading, suggesting that investors should pay attention to stock market trends [5]