WHEN IS THE BEST TIME TO PROMOTE CRYPTOS?

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WHEN IS THE BEST TIME TO PROMOTE CRYPTOS?

Bitcoin, Ethereum, Litecoin, and Binance coin are popular cryptocurrencies that are very volatile investments. Volatility may be defined as the ability of a stock or currency to rise or fall in value in a short period. Many trading affiliates are curious about the optimum timing to promote these fascinating assets. “Right now” is the simplest response. A look at two market events this year will help us explain why now is the greatest time to join a crypto affiliate program.

October 2021 Bitcoin rally boosted crypto affiliate earnings.

During the October 2021 Bitcoin surge, the cryptocurrency reached the $67,000 mark for the first time. In an interview with CNBC, cryptocurrency expert ‘Altcoin Sherpa’ forecasted that Bitcoin would rise to $80,000 before the New Year. According to crypto specialist Anthony Scaramucchi, Bitcoin might reach $150,000 by 2022 if it receives more institutional support. We can say with sure about Bitcoin that it is headed higher. Even when Bitcoin’s value has plummeted, it has always rebounded and outperformed.

Bitcoin’s position as a developing asset and the large quantities of money involved make it a frequent topic of conversation in the media. A major issue in the mainstream media, it is no longer relegated to the margins of the financial sector. This is fantastic news for forex and cryptocurrency affiliates who work online. The public’s interest in Bitcoin (BTC) rises with each new story.

New traders (and seasoned FX traders) may use top online brokers to take advantage of the crypto explosion. You’re trying to build a relationship with high-quality visitors. Every new crypto rally has to be promoted with robust core marketing strategies that can be quickly adapted to. For those who can generate traffic for a RevShare transaction, the potential for big commissions is enormous. Providing good customer rewards is an excellent way to reinforce your crypto affiliate links if you’re pushing cryptocurrencies. Crypto podcasts, YouTube crypto lessons, and email newsletters are just some of your resources. As a crypto affiliate, you may significantly increase your monthly revenue by being able to post high-quality marketing materials online (preferably through your social media platforms) within hours of breaking crypto news.

May 2021 Bitcoin slump created crypto affiliate opportunities.

Bitcoin BTC’s price was $58,862 on the 10th of May, 2021, and it was trading at $33,681 on the 18th of May. For the first time in a few days, the value of the digital currency plunged 25 percent in only 24 hours. This would have been a monumental occurrence if it had happened to a different asset class. An economic meltdown of this magnitude would likely occur if the value of the US dollar collapsed by 25% in one day. Bitcoin, on the other hand, is unique.

When it comes to the market laws, Bitcoin is a novel asset that doesn’t quite follow them. The price of BTC rises when more people want to acquire it since supply and demand dictate this. The price of BTC drops when fewer individuals desire to buy it. There is a lot of conjecture regarding the future potential of Bitcoin, which is sailing through unexplored seas. It’s a resource that lives on rumors, speculation, and sensationalized reporting.

Media attention is generated when digital currencies go wild either way, and their visibility grows as more individuals become aware of them. As a result of tales like this, more and more people are considering getting into digital trading. Potential traders will be influenced by the knowledge that BTC is now 25% less expensive and might recoup or exceed its previous value in days. As a crypto affiliate, you may use this message to your advantage.

How to promote Bitcoin as an affiliate?

If Bitcoin is in freefall, affiliates still have many chances to develop a good broker affiliate program. Finding the best trading affiliate program for your company is the first step. A good affiliate program doesn’t have to be a difficult task these days. Online brokers compete for affiliate partners, but the majority of them are unregulated and should be discounted right away.

Unregulated CFD brokers are the internet trading equivalent of a gang of rogue outlaws. Organized criminal organizations are behind some of these rip-offs. Others are shady businesses that operate in the shadows and seek to defraud their customers for as much money as possible in the shortest length of time. Even if you don’t care about ethics, there are two good reasons to avoid working as an associate with an unlicensed brokerage firm.

As long as a broker is willing to rip off its customers, they won’t hesitate to trick you out of your money. If you’re simply another sucker, you’re not even an important affiliate partner to me.

The life cycle of clients at unregulated brokers is short as they deposit; they make a loss and shut their accounts. RevShare or hybrid solutions based on long-term customers with high-value accounts are not a viable option.

What if you’re hoping to become a successful affiliate for a cryptocurrency company? If you’re looking for a licensed broker with a long history and a strong internet reputation, you’ll want to look for one. In addition, the brokerage should have a well-known name in the industry and be able to convert customers effectively. It’s essential to have a wide range of well-known trading platforms like MT4 and/or MT5 to attract customers.

What are the benefits of promoting a CFD broker that is regulated?

Marketing a reputable, registered broker has several benefits if you’re aiming to attract cryptocurrency traders. As if working with professionals wasn’t enough, licensed brokers are strategic thinkers as well, and they well understand both their goods and the markets they serve. These men are well-versed in the ups and downs of the cryptocurrency marketplaces and can assist you in adequately promoting them.

  • Marketing: When it comes to marketing, cryptocurrency is a hot topic. Celebrities and business moguls alike have weighed in on the debate. For example, Elon Musk’s revelation and said he would no longer receive BTC as payment due to its ties to fossil fuels triggered its May 2021 collapse in value. A solid affiliate program will provide ads and marketing materials that take advantage of current events and market trends.
  • Payment and deals: It is important to have excellent affiliates since regulated brokers respect them highly. They care about their well-being and their motivation. Expect a customized commission plan with high rewards and a personalized dashboard to manage all aspects of your business, including clicks, impressions, and earnings. All of your commissions will be paid to you in full on the agreed-upon date.
  • Promotions: As a rule, the finest brokers quickly provide particular incentives to commemorate holidays and other noteworthy occasions on the economic calendar. Traders may also profit from special offers, reduced spreads, and other perks. If accompanied by appropriate marketing materials like banners and LPs, these may be practical conversion tools.
  • Trading platforms: Crypto traders demand the newest trading platforms be crammed with charts, statistics, live feeds, heat maps, and trading tools. They enjoy high-tech gadgets and tools. Your websites, blogs, and other creative endeavors might benefit significantly from trading platforms’ wealth of information and material.

When is the best time to buy cryptocurrency?

This is a long way of saying that you should purchase cryptocurrencies just when you’re ready. Using the dollar-cost averaging strategy, you may manage your cost volatility and prevent roller coasters.

Don’t invest more than you’re prepared to lose in a cryptocurrency. Asset classes such as stocks and bonds are not safe havens, even if they fall to zero. It’s possible to make a lot of money if you purchase the right thing at the right moment, but it’s generally simply a matter of chance and not market timing.

Best time of the day to buy cryptocurrency

There are risks associated with attempting to schedule your crypto transactions to coincide with a certain time of day since the market is open 24/7, even in the early morning hours (regardless of where you reside). A few pretty fundamental trends appear, though, when you examine a few months’ data.

Bitcoin, Ether, Solana, and Cardano are among the most popular cryptocurrencies, and their trading behavior demonstrates that they tend to rise and fall together. This is useful for comparing buying opportunities.

Looking at October and November statistics, the optimum time of day to buy these cryptocurrencies was often in the morning, and the earlier you could get in, the better. 

Best time of the week to buy cryptocurrency

According to the same statistics used to identify the best time of day, Thursday seems to be the greatest day of the week to acquire crypto. Yes, on Thursday. On that day, six of the eight weeks saw a decline. On Thursday morning, if the trend continues (which is not assured), the ideal time to purchase is.

Following Friday and Saturday, Monday is the second-best day of the week to purchase (five of the eight days witnessed a drop) (four of eight for both).

Best time of the month to buy cryptocurrency

When it comes to crypto, nothing stays the same for long. If you’re attempting to time your purchases, this is an issue. However, the ideal time to purchase is around the end of the month for the time being. In the first ten days of the month, prices rise, and then, in the second half of the month, prices fall (perhaps due to individuals selling following price hikes).

This may be different for other cryptocurrencies or smaller altcoins, as well. However, if we look at the currencies with the biggest market caps, we discover a similar pattern.

Summary

A fundamental problem for cryptocurrency traders is figuring out the ideal time of day to make trades due to the market’s 24/7 worldwide reach.

Traders who want to execute big buy and sell orders should search for periods when liquidity and trading volume are highest. That’s like a grocery store wanting to set up shop in the busiest market possible so that they may sell as many items as possible.

Liquidity is less of a problem for rookie traders or those wishing to conduct smaller deals. On the other hand, traders may still prefer established platforms since they are less susceptible to huge orders or price manipulation.

It’s not only spot traders (those who buy and sell with rapid delivery of assets) that face the issue of finding the correct trading hours.

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