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Author Topic: Do you watch the price of your altcoin everyday?  (Read 2096 times)
romero121
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June 04, 2018, 12:44:57 PM
 #461

Used to watch the price movement of each and every altcoin that were in my portfolio. Apart from this used to go through the altcoin that shows good growth on the particular day. This helps with the trading necessity, as a small earning can be made with the variation happening within limited time period.

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FoBoT
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June 04, 2018, 12:49:46 PM
 #462

I watch the price of my altcoin on a daily basis and I do not allow my emotions control me. No matter what happens to my coin, as long as I hold it on either long or short term, I have a target and I do not touch it until it gets to that point. It is good to be patient in crypto in other not to make a wrong decision. Even if the market falls, I continue holding because I know the price will rise again.
BurakXel
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June 04, 2018, 02:27:00 PM
 #463

Of course so I know if my portfolio is rising or I lose the percentage of it. I think its better that we see the price everyday because  it's our guide to our investment so we will know if we have a profit or lose our investment.
Xxxurrrad
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June 04, 2018, 04:35:55 PM
 #464

If you are tired of constantly watching prices, then just remove blockfolio app from your smartphone. The rest of the resources such as cryptocompare, I look much less often.

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natka
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June 04, 2018, 05:09:14 PM
 #465

Of course so I know if my portfolio is rising or I lose the percentage of it. I think its better that we see the price everyday because  it's our guide to our investment so we will know if we have a profit or lose our investment.

it all depends first of all on how big your portfolio is and what terms of trade are important for you. If you want to control the market and have a better result at the end of your activity, then to check the situation on the stock exchanges every day is quite justified and not a move.
MrDom2
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June 04, 2018, 05:31:47 PM
 #466

http://bitcoinist.com/3-icos-huge-potential-2018/
kurlllviss77
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June 04, 2018, 06:54:54 PM
 #467

I use the blockfolio app and check the course 2 times a day, morning and evening. Although my investment is long-term and there is no need for this.

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Ankhesenamun
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June 04, 2018, 07:00:52 PM
 #468

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?
Follow the price of the coin and its dynamics I think it is more logical to buy, analyzing whether it is worth investing in it. And after the purchase of such close supervision to anything, it undermines your psyche.
Riskiagung2425
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June 05, 2018, 01:48:44 AM
 #469

Even i watch the price every hour to keep prices are suddenly rising or falling. To anticipate the unwanted thing happens that is losing some capital.
nightmanisrightman
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June 05, 2018, 02:00:00 AM
 #470

God no otherwise I would go crazy and lose my mind. I do check gainers and losers list on coinmarketcap to make sure my coins aren't mooning or dying. Aside from that I don't care terribly right now as all the fundamentals are still in place.

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zmkriel
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June 05, 2018, 04:36:18 AM
 #471

No i don’t because i don’t want to be disappointed with the price lately and also to avoid selling my coins in a short pump. I wanted it to be a surprise in a long run. I am not that scared for the future because i know that my coins are the potential one though I bought it too expensive compared to the cheaper coins. Expensives coins are for long term investment and so does my plans. I am not a day trader because i don’t want to stress out myself monitoring my holdings every now and then.
clarkgeneral86
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June 05, 2018, 05:00:05 AM
 #472

No i don’t because i don’t want to be disappointed with the price lately and also to avoid selling my coins in a short pump. I wanted it to be a surprise in a long run. I am not that scared for the future because i know that my coins are the potential one though I bought it too expensive compared to the cheaper coins. Expensives coins are for long term investment and so does my plans. I am not a day trader because i don’t want to stress out myself monitoring my holdings every now and then.
Although you don't watch the daily price but you always know its up and down. Why? Because you participate in the signature campaign and in the forum every day, just you still participate in the discussion you will know the situation of that day. It is important that you are determined to hold it or not.
Dpat
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June 05, 2018, 05:36:32 AM
 #473

This is the natural behaviour of every person to watch his/her investment regularly. There is no need to be exclaimed. While we are talking about any monetary investment and that is invested in highly volatile asset we can't stop ourselves to watch the price of that asset everyday. And, it should be done because you profit can be eaten up if you don't track the portfolio.
Deubila
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June 05, 2018, 06:31:44 AM
 #474

God no otherwise I would go crazy and lose my mind. I do check gainers and losers list on coinmarketcap to make sure my coins aren't mooning or dying. Aside from that I don't care terribly right now as all the fundamentals are still in place.
Personally I always watch the price, one day I watch two to three times the price of a coin I hold for a long time, I worry and I know this will not be good, but my mind just urged me to see the price. Are they increasing or not, how much of my capital has poured into the coin, so I always expect that they will rise again in the future.
wvizmanos
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June 05, 2018, 06:35:17 AM
 #475

Well now not anymore, after having seen my coins dive to their lowest. I might as well burry them in and wait till hope springs. Before I used to be some sort of day-trader when my coins were doing sideways.... buy low, sell high. But now not anymore. Hodling
yohaneshs
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June 05, 2018, 07:17:45 AM
 #476

i'm not everyday look at chart and prices but still monitoring a news from altcoin, just in case if we face off the bad news.
Midesiz
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June 05, 2018, 07:30:54 AM
 #477

I think you should't watch the price very often, if you can't manage your emotion or stress level. You can consider the price target, a plan. You can set the alarms for price levels on your phone.

Beldon
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June 05, 2018, 07:51:57 AM
 #478

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?
Yes, of course, I pay attention to the Altcoin price I have every day. I keep monitoring it so that if the price of coins that I hold the price has gone up or even down. I already know what to do. When I want to see it, of course, my feelings are very excited. Yes, I am excited about fear of coins that I have problematic.

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illnino
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June 05, 2018, 09:54:28 AM
 #479

i'm not everyday look at chart and prices but still monitoring a news from altcoin, just in case if we face off the bad news.

And I check it every day. However, it does not mean that when I see the price is dropping I start to panic. No, I am just starting thinking about the alternative strategies of investing and trading.
raahi
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August 16, 2018, 10:14:03 AM
 #480

I am losing term investor so the daily price of the altcoin does not affect me that much because it is the long-term increase in the mass addition of the altcoin that is only my concern
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