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Author Topic: Do you watch the price of your altcoin everyday?  (Read 2096 times)
GangNamSK
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January 07, 2018, 09:57:56 PM
 #121

Currently, most of my investments in altcoin are held for a long time instead of daily trade. So I do not keep track of these altcoin regularly, I just watched as it was going to have big upcoming events, that helped me decide whether to keep on or sell during that time. I think hold in the moment is the smartest and least risky investment you can make.
JoinCoins
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January 07, 2018, 10:22:05 PM
 #122

i use coincaps market app set a alert and done otherwise its a big addiction to watch everytime;)
engin978
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January 07, 2018, 10:58:31 PM
 #123

I check several times in a day...
I think this is must...
I keep 2 coins(bnt and eth) for longterm..
the rest I check several times in a day,and it depends I sell or keep for more profit....
and buy another coin....

monkfishy
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January 07, 2018, 11:00:11 PM
 #124

Lol day, I check it like every 2 minutes.

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inillo
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January 07, 2018, 11:04:23 PM
 #125

Yes I do watch everyday. I have a varied portfolio and I need to know. I also take a look at the rest of the market to compare. Basically I do it with a portfolio tracking application and normally look for large drops or pumps.
paulsen
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January 08, 2018, 01:20:09 AM
 #126

It is not. I bought and then put up the price, after that, I go to once a week whether it has achieved the target or not. then too often open even later made a surprised.
aannnttoo
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January 08, 2018, 01:53:47 AM
 #127

i'm checked the altcoin price more than 5 times  Grin with mobile application (ztrader). market is unpredictable so set stop loss every trade, by the way i'm daily trader
Maxcrypto1990
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January 08, 2018, 01:56:54 AM
 #128

Yea I do, I know I shoudl'nt. Im holding, but the price development is just too exciting at the moment that I do find myself on tradingview quite often!

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khungcuaso11
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January 08, 2018, 03:54:10 AM
 #129

checking price everyday is the good way to check the market fluctuation.  You have to catch the news to give the important decision. What's about the emotion? you have to accept and train your emotion under pressure if you wanna succeed.
Thanks pro!
Prices change constantly
There are too many different references.
It is difficult for new followers.
To succeed in the field of business must learn a lot, and need more time to accumulate experience.
jonaire99
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January 08, 2018, 04:04:56 AM
 #130

When you are planning to buy not just one or two coins in an exchange, you need to follow it daily. The cryptocurrency fluctuation is so fast and if you are trading several altcoins you must watch it continuously. It is so exciting to see the price of the coins you are trading goes up or mooning.

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nhanhzam
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January 08, 2018, 04:15:12 AM
 #131

I made a personal  portfolio on Excel and check like .. every minute =))
I'm just addicted to watching my money grow Smiley) Feel like refreshing Excel is my new full time job lol
Farahtenan
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January 08, 2018, 04:37:46 AM
 #132

No, it will only waste your time and create a focus. If I always set the initial price of either selling or purchase price, so everything already has the initial target in order to clear these benefits it brings.
lincolnmad
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January 08, 2018, 05:14:08 AM
 #133

Of course man, I always check and watch the price of some altcoins everyday especially on my investment on altcoins. Not only watch the price but also up date about the news and informations about the altcoins. So when something new happen, I can know first.
Getcoinsite
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January 08, 2018, 05:39:36 AM
 #134

Everyday, I watch the price of the coin that I have bought. But sometimes this could cause FUD or FOMO if the coin pump or dump tremendously. I sold my coins when I saw the price go up, but missed out the huger profit.
I think if you watch the price of your coin everyday, it will put pressure on your emotion.
Some people just buy it and don't think about it, which could be good or bad.
What do you think? Do you watch the price everyday? If not, how often do you watch it?
How do you feel before you watch it?
no im not,because im holding it for long term so theres no need to check it time to time,what im checking is the price of bitcoin itself so i may know whats the status for my investement to be updated.bitcoin price is always going up and down and no one knows what will happen tomorrow .so i better be aware of the situation.
boom-time
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January 08, 2018, 06:19:16 AM
 #135

I watch them more than I should, for sure.

Not planning to sell a couple of them, even if they triple overnight.  Holding for at least 1 year.

(So, it is stupid to keep looking, but I do anyway)

As for stop losses, I wouldn't recommend them.  I've had market makers walk the price down, take my shares,
and head back north again (in the stock market) and I'm sure it happens here in crypto-land as well.

Set mental stop-losses if you must, not physical ones.
Better yet, know what you are buying, if you have done your homework, a little tree shaking by the market makers
won't shake the coins out of your hands.
ramini
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January 08, 2018, 06:26:27 AM
 #136

I do watch my Altcoin prices everyday especially Oyster Pearl PRL because I'm thrilled that this coin will give me financial freedom in the near future and also other coins' price are increasing so now I'm planning to quit my job and start Cryptocurrency full-time both short term and long term.

ramini
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January 08, 2018, 06:30:34 AM
 #137

No, it will only waste your time and create a focus. If I always set the initial price of either selling or purchase price, so everything already has the initial target in order to clear these benefits it brings.

You have a point to, it's up to you if you want to see how's the coins' price going to avoid focus diversion but in my own opinion I just can't resist to visit the page where I can see my asset value since I'm doing signature bounty campaign postings so if you're an investor and didn't participate in any bounty campaigns then you can choose to do other stuff.

ramini
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January 08, 2018, 06:35:13 AM
 #138

Lol day, I check it like every 2 minutes.

LOL, 2 minutes is too much. Mine is every hour or more since I have a full time job that prevents me to use phone.
Sometimes I just need some time to check my assets in my break time.

evermotz
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January 08, 2018, 08:18:00 AM
 #139

Lol day, I check it like every 2 minutes.

LOL, 2 minutes is too much. Mine is every hour or more since I have a full time job that prevents me to use phone.
Sometimes I just need some time to check my assets in my break time.

I check it like every hour.. I don't wanna miss every opportunity that comes to buy and sell my coins... I always sell when the price is high... and buy when the price goes down... I got Like 1-2 ETH per day doing just that...

I do watch my Altcoin prices everyday especially Oyster Pearl PRL because I'm thrilled that this coin will give me financial freedom in the near future and also other coins' price are increasing so now I'm planning to quit my job and start Cryptocurrency full-time both short term and long term.

I already quit my job and start working in front of my laptop for cryptocurrency, it gives me more money than ordinary work at the government...

andrey755
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January 08, 2018, 08:37:44 AM
 #140

Everyday, I watch the price of the coin that I have bought. But sometimes this could cause FUD or FOMO if the coin pump or dump tremendously. I sold my coins when I saw the price go up, but missed out the huger profit.
I think if you watch the price of your coin everyday, it will put pressure on your emotion.
Some people just buy it and don't think about it, which could be good or bad.
What do you think? Do you watch the price everyday? If not, how often do you watch it?
How do you feel before you watch it?
You correctly speak about pressure, what for to trace every hour. After all, you have invested in the correct coins that are intended for a long time, which means that they do not require constant tracking. But watching schedules and corrections, from this in any way. Control is needed for everything, but not hyper control.
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