Binance announced Ramadan calendar. Arabic Ramadan month is coming. So we may see bullish move in the market.

Because although Feature trading / leverage trading is haram for the Muslims, many Muslim traders still trades it during all other months.

During Ramadan, they will completely stop Feature or option trading and come to spot. There will be trillions of money in. So we may see bullish market for some coins. They have a list of Halal coins.

This is a good opportunity for everyone. Also during Ramadan some stocks go higher.

I know many people may laugh. For them, search on Google, number of Muslims in the world.

Muslim, Jews and Hindus, they are extreme with their religion. So don’t underestimate their occasions. They are no less significant than Christmas. We see huge impact on market.

Also go to Google Search Console and search Halal crypto. The data will tell I’m right or wrong.

But a question may raise, even if they had money in Future or in a broker (where they accept leveraged trading) and now they moving to spot. Why would there any impact? The money was already invested on crypto in a different way.

Answer is it will have impact.

Do you think if I invest 10 billion$ in $BTC now with 100x leverage, Binance will buy 1000 billion$ BTC and put under my name? Nope. They won’t. In feature, they don’t gave you actual assets. If you trade on feature, you will never make any impact on the market.

That’s the reason I always recommend to consider if a crypto is discouraged in any community or not. Then I calculate how much the impact will be.

I will suggest, if you are holding coin for short term, like 1-2 month, go through a check if the coin is halal or not. If not, then try to close the order and invest in halal crypto during this month.

Previously Ramadan impact was less. Because many Muslims were unaware. But now their scholars are talking about it. So impact will be increasing.