Bitcoin Forum

Hey folks, do you all use any transaction notification services to keep track of the ins and outs of all of your wallets?

Also, how many of you set up smart alerts to track projects or whales?

No and no.
I don't see any reason to do so, in neither case. If i expect payment from somebody, i'll open my wallet to see if i received said payment. If i were to get an alert of an incoming transaction to my wallet, i'll see said transaction the next time i open my wallet anyways. If i were to see an unauthorized outgoing transaction, it's to late anyways.

And as for whales: i don't care about those movements...

No. I do not see any good reason I will need this. Not necessary for me.

For whale alert, you can make use of Glassnode, but I am not having any experience about that as I see it not necessary. I can just invest in bitcoin when the price is significantly low if compared to all-time-high, just like a time like this.

No, but it's much useful on physical stores accepting crypto payments.
For whale alerts i used to do it in notification on specific twitter whale alert handle i forgot the username but it's easy find if you try to search in twitter.

You'll find the majority of people here will likely to answer NO because doing so involves some sort of privacy risk and there is actually no reason for using it especially if you seldomly receives transactions. However, if you are concerned about keeping track on every transaction in your wallet, it is best to use a watch-only^[1] wallet with Bluewallet installed on your smartphone.

Not me as I don't really care about these people/miner/whale moving their bitcoin, because it's their right and it's none of our business. Also, you don't really need to setup an alert as there are twitter pages doing it.

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[1] https://bluewallet.io/watch-only/

Most of us keep track of a balance to make trading decisions, but for the average user (who receives transactions fewer times per month), keeping track of the balance through the wallet/master public key is much easier than customizing an application for that, especially since some of them are paid services.

But if you are talking about tracking good projects through positive news, then it is a failed policy to catch a train that has moved and started to speed up.

Every third party app you use for notifications and such is a privacy issue. Some use them, some not.
However, using special apps for notifications is overkill imho when a wallet on your smartphone can do that (and you can also import there only the address or master public key to keep it watch only).

And as said, whale tracking is counter productive: it doesn't give any relevant info, it can only scare some newbies.

Thanks folks! How about web3 users that interact with multiple chains, and own multiple wallets? Are all transaction notifications delivered individually, in a fragmented manner? Or is it still unnecessary/no need to keep track of ins and outs?

The need to receive notifications varies from a normal person to a merchant, who is running a business and why he needs to track those transactions.
Multi-blockchain is not a problem because easily a bot can be programmed to keep track of all the addresses you want and then get notifications as soon as these transactions are confirmed.

I am not getting why should I use a notification bot for my own wallet. It's reasonable if you want to trace whales or a big company's wallet if it's known. But not for my own wallet. I have seen some Telegram bots like this that give notifications but have never been used. For big movements, I can see some signal groups notify that for whales, it's called whales movements.

No I don't, but I know there are several websites that can track that and alert you via email, sms, telegram, discord, and other way of communication.
This can reduce your privacy and connect your bitcoin address with your real identity so I don't suggest anyone to use this, but here is one website I know:
https://cryptocurrencyalerting.com/

All this web3 multiple chains is junk and big security risk, and we already know about many hacks related with bridges.

I did it once when my ethereum address got hacked and it was still receiving altcoins from airdrops I used to join.
I did it by adding my address to the adresses watch list on my etherscan.io account and am still receiving email notification till now. The only problem is that you will receive notification only for eth transfers.

I don't, but I visit Whale Alert (https://twitter.com/whale_alert) Twitter account from time to time just out of curiosity.

You may use epns for ethereum/polygon wallet activity: https://epns.io, you have to add public address no pvk/seed.