Or would you prefer a system like the stock market whereby they open and close at a certain time everyday – and are closed for the weekends and certain holidays?
Cryptocurrency is incredibly engaging: you can easily spend a third of your day simply reading all the new developments, whether that be the internal workings of specific projects or the market-wide swings which are effectively commonplace and now synonymous with crypto trading.
I quite like always being able to move my funds (minus the odd few when transfers are down or maintenance is occurring on an exchange), and if I can’t think of much else to do the market is always there to wile away the hours with the green and red lightsabres.
The trouble is, crypto is not the only concern – there are a great many other obligations – and sometimes it’s stressful knowing that movements are happening and you’re not there to react. Of course, not putting in more than you can afford to lose nullifies this stress to an extent, but we all want to do the best we can when it comes to trading and crypto moves so quickly that going a day (or even a few hours) without checking can make such a difference. The response to that is only invest long term, but forced forever-holding is also not a nice situation to be in. Again, though, this risk could be said to encourage proper research and more responsible investing strats.
Knowing that the weekend is a market-free period might be relaxing to some, but frustrating to others whose only free-time to trade occurs during those days. Not having the markets controlled by one entity is a nice change for some, but then to others worrying where there are fewer guarantees.
What do you think? Do you like the way crypto markets operate atm?
submitted by /u/wists
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