Many investors get addicted to checking the price of bitcoin first thing in the morning whether it be they're semi-holders or HODLERS (aiming to hodl for a very long time) . I read somewhere in respect to the stock market stating that, 'many investors day is determine by the price of his/her investment, leading to a great start if the price is up and bad start if price is down", because they checked the price of their investment first thing in the morning.
Although this information was based on the stock market, I know it also occurs in the Crypto market therefore I decided to give this advice here to benefit members of this forum, "avoid checking the price of bitcoin immediately you wake up in the morning, by so doing you're subconsciously programing your brain to response based on the price of bitcoin daily and these isn't good for your health. there's no gain in having wealth without health because health is wealth.
Question for viewers, if an investor is struggling with this addiction (checking the price of bitcoin daily), what steps do you suggest he uses to overcomes it.Edited: this is an advise to investors not day traders, findings have shown that day traders don't live long and majority of them develop High blood pressure over time.
Edited: advise is for bitcoin not some shitcoin wanna be bitcoin, if you invest in any of those, please check them every 5mins for that big pump so you dump lol
It's simple, the main thing is not to dwell on bitcoin and not to go to bed with the idea of how I spent the day (profitable or not). If you have lived this day and got a storm of emotions, then you should think about them. In the morning, drink a Cup of coffee, enjoy communication with your loved ones and only after you look at this, such an important exchange rate.
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