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Author Topic: Do you check Bitcoin price everyday?  (Read 9216 times)
olubams
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October 09, 2017, 11:19:52 AM
 #61

The only time I don't check the price is always during the time of price crash so that I can control my panics and not take decisions I wish I shouldn't. Aside that, every now and then I check the price so that I will be abreast of everything happening to price and not be caught out incase a landmark price is achieved. I want to be able to be there and witnessed it myself then also to feel a sense of happiness within me that 'Gradually and gradually, the dark period is getting over with'.
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October 09, 2017, 11:58:08 AM
 #62

I chose the tactics of long-term storage of coins. I don't care how much is bitcoin now. I look at the price only when I need to remove a few coins to exchange for Fiat. It seems to me that constantly looking at the bitcoin price to those who trade on the exchange and the newcomers.
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October 09, 2017, 01:00:32 PM
 #63

It all depends on for what purpose you use bitcoins. If you will be trading on the stock exchange you will need to monitor the price literally online. For trade in goods also required. If you are going to store your coins for long term then you do not have to. Each person chooses for himself what information he needs.


Yes it is true,  it depends on what your purpose on checking the bitcoin value. But for me , I admit I thoroughly check the price of bitcoin for me to be updated be relate to  some topic here in the bitcoin forum. Aside from that I need to check on it to know when I should buy or sell BTC. And I think there's nothing wrong with being updated to the price of BTC.
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October 09, 2017, 01:14:41 PM
 #64

I guess everyone does in order to sell / use Bitcoins at the best rate. Mainly done by  traders in order to ensure small profits . People buying things with Bitcoin regularly would not mind to check the prices as they would not care.

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October 09, 2017, 01:38:35 PM
 #65

I can not always check the bitcoin price at any time because of my work in the real world. But I always try to pay attention to the price of bitcoin / altcoin during my spare time. I'm trying to see how the price moves because if I can decide in the right time then I can get a chance to make a profit. I will not miss the opportunity that I have because it is a very valuable opportunity.
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October 09, 2017, 01:42:47 PM
 #66

Of course we all do. I want to check what is the current price and see if its going up or going down. You want to see if you're investing is doing good or not. And when its down, I look for the reasons why. Is there a negative news around? And I also buy when the price is down as well. So its really important for most of us to really check and be updated on the current price. I usually goes to preev.com or epsilon.one.
Yeah checking the price of BTC is very essential because you will able to monitor what going on in the market, by always checking maybe you can find opportunity when to buy, sell and hold your BTC. and maybe also useful also to read and participate forum so that you can learn more how to trade and be updated whats happening in Crypto currency world.

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October 10, 2017, 02:50:03 AM
 #67

Hi guys,
Just curious.
I bought a little bit a few months ago, for the first time, for the sole reason that I want to invest in Bitcoins, and get a profit after 5 years, maybe 10 years.
So I would not need to check the price everyday, as it is of no use for me. But I do, can't help it!

I am not the only one I guess.
That is the first thing that I do in front of my computer, as soon as its on and it is running I immediately look at coinmarketcap.com and check the prices of every coin in which I’m interested, I cannot imagine how many times I will look at the charts and at the price if I had a significant amount of money in cryptocurrencies, I will probably be unable to stop looking at the price all the time in case something changed.
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October 10, 2017, 03:20:24 AM
 #68

I know it's important to check BTC price everyday, but for negligence, I'm not doing this everyday. Sometimes I think BTC price is too stable, without considerable changes for several days, so I don't give it much importance, but it's not right as the changes in price happen anytime and when they happen, they can happen really fast in few hours and there is no way to know the day, the exactly hour. Because of it I lost the exactly moment BTC pumped to $4800.

 
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October 10, 2017, 03:28:03 AM
 #69

I know it's important to check BTC price everyday, but for negligence, I'm not doing this everyday. Sometimes I think BTC price is too stable, without considerable changes for several days, so I don't give it much importance, but it's not right as the changes in price happen anytime and when they happen, they can happen really fast in few hours and there is no way to know the day, the exactly hour. Because of it I lost the exactly moment BTC pumped to $4800.

At this moment, i think btc is not stable, yesterday i checked it was at least 4600. Currently this may be dump this had been the greatest recovery since it went to 2900. For me, the price moves in just hours. So every time i am online i always check the price. For traders maybe it is important because even a 100 dollar increase is high depends also on how high are u planning to trade.
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October 10, 2017, 03:58:51 AM
 #70

I know it's important to check BTC price everyday, but for negligence, I'm not doing this everyday. Sometimes I think BTC price is too stable, without considerable changes for several days, so I don't give it much importance, but it's not right as the changes in price happen anytime and when they happen, they can happen really fast in few hours and there is no way to know the day, the exactly hour. Because of it I lost the exactly moment BTC pumped to $4800.

At this moment, i think btc is not stable, yesterday i checked it was at least 4600. Currently this may be dump this had been the greatest recovery since it went to 2900. For me, the price moves in just hours. So every time i am online i always check the price. For traders maybe it is important because even a 100 dollar increase is high depends also on how high are u planning to trade.

Last time I checked it was $4300, then today I have seen $4800 hahaha! It was a big surprise.  Smiley

You mentioned another reason I don't check the price often: I'm not trading, only holding at this moment. But it's true, traders must check its price not only every day, but every few hours to see if there is a nice profit possibility. Especially for daily trading, some dollars income every day are very helpful for these traders.

 
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October 10, 2017, 08:01:07 AM
 #71

I dont see it as a bad thing, i use to check coinmarketcap several times on a day, and i dont think it is an adiction, it is more because i like to control my investments and i try to track the prices during the day, so i can know in which times does it pretend to go up and when it goes down.
So it is good, i check my investments a few times in a day.


Coimarketcap is even a very long process. I have set email alerts for daily prices of bitcoin so as to keep myself up to date without missing a thing. I feel it is normal and it is not a crime, it is just one of the little psychological effect brought about by bitcoin's volatility. The most important thing is for one not to let it crowd his or her decisions when planning to HODL.
Yes its true I also check bitcoin price every day and I think it must be done every day by every single users of bitcoin because there are a lot of investor here and some of them are daily trader so in think these are related to business and its important for them to keep their eyes on market trade without knowing price you can get advantage of bitcoin.
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October 10, 2017, 08:06:27 AM
 #72

I know it's important to check BTC price everyday, but for negligence, I'm not doing this everyday. Sometimes I think BTC price is too stable, without considerable changes for several days, so I don't give it much importance, but it's not right as the changes in price happen anytime and when they happen, they can happen really fast in few hours and there is no way to know the day, the exactly hour. Because of it I lost the exactly moment BTC pumped to $4800.

At this moment, i think btc is not stable, yesterday i checked it was at least 4600. Currently this may be dump this had been the greatest recovery since it went to 2900. For me, the price moves in just hours. So every time i am online i always check the price. For traders maybe it is important because even a 100 dollar increase is high depends also on how high are u planning to trade.
Yes there is always big fluctuation in the price of bitcoin, therefore i think it is too much necessary to check the price of bitcoin not for a single time but to check it on regular bases, and if you are a trader then it is too much important to check the price of bitcoin frequently. To me i personally using preev.com for checking the price of bitcoin.
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October 10, 2017, 09:53:01 AM
 #73

Only beginners and traders look at the price of bitcoin constantly. Because beginners not yet accustomed to the volatility of bitcoin and traders because they need it for business. I look at the price of bitcoins only when I need to exchange my coins for Fiat. If the price increases, I can wait a few days to earn some more dollars.
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October 10, 2017, 11:13:46 AM
Last edit: October 10, 2017, 01:46:02 PM by mharz
 #74

Of course we all do. I want to check what is the current price and see if its going up or going down. You want to see if you're investing is doing good or not. And when its down, I look for the reasons why. Is there a negative news around? And I also buy when the price is down as well. So its really important for most of us to really check and be updated on the current price. I usually goes to preev.com or epsilon.one.
Yeah checking the price of BTC is very essential because you will able to monitor what going on in the market, by always checking maybe you can find opportunity when to buy, sell and hold your BTC. and maybe also useful also to read and participate forum so that you can learn more how to trade and be updated whats happening in Crypto currency world.
Monitoring bitcoin value in the market is one of the good steps to value the opportunity we've been get thru this sites. Otherwise to those traders who wants to get high income, I know that from time to time they can monitor the price of bitcoin or even other altcoins to get the expected price they want. Definitely I also monitor the movement of bitcoin in the market because I want to see how bitcoin runs in crypto currency society.
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October 10, 2017, 11:27:06 AM
 #75

OP you’re most certainly not the only one. I check the price multiple times a day. When you’re invested you like to know what’s going on with your money, it’s natural.

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October 10, 2017, 11:32:47 AM
 #76

Ok, since I do not do trading, and dont plan to buy more, I'll try not to look at the price before November 1st. Tough challenge for me lol.
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October 10, 2017, 11:52:40 AM
 #77

No. Short term fluctuations are inevitable. I want to stay invested in bitcoin for a long term. HODL
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October 10, 2017, 12:10:29 PM
 #78

Hi guys,
Just curious.
I bought a little bit a few months ago, for the first time, for the sole reason that I want to invest in Bitcoins, and get a profit after 5 years, maybe 10 years.
So I would not need to check the price everyday, as it is of no use for me. But I do, can't help it!

I am not the only one I guess.

It is right that the value of bitcoin should be monitored everyday so that we could have day to day updates and details. If you will not do the daily monitoring you may just awake one day that your bitcoin have lost the value and cant be traded anymore losing your entire investments.
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October 10, 2017, 12:12:02 PM
 #79

Not consciously, but somehow I end my day knowing what the price is, not because I am checking, but I tend to see it doing normal things in the course of my day.

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October 10, 2017, 12:24:54 PM
 #80

Hi guys,
Just curious.
I bought a little bit a few months ago, for the first time, for the sole reason that I want to invest in Bitcoins, and get a profit after 5 years, maybe 10 years.
So I would not need to check the price everyday, as it is of no use for me. But I do, can't help it!

I am not the only one I guess.

You are not the only that has that type of attitude, I usually check the price of bitcoin even in red days but today we are on the green days and I love it. I suggest that when the market is on red don't try to look at the price because it will make you upset. Usually I keep on seeing it because I want to try myself and it helped me to become stronger though sometimes it's painful.



 

 

 

 

 

 


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 ElonCoin.org 
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"I could either watch it
happen or be a part of it"
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