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bohr
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February 22, 2018, 02:27:57 AM |
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My brother in law does exactly like this and I always keep telling him to stop looking at his wallet. I suggested him to delete his wallet app for at least one month. It's very hard to convince him
To each his own I guess, there is nothing wrong with checking your holdings and the price once a day if you are a long term holder after all you do not want to be like those people that do not realize they were hacked and not only they lose their coins of a wallet but the hacker has even more time to hack the rest of his wallets but a limit must be set so we can avoid that obsession. |
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smhome354
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February 22, 2018, 02:48:18 AM |
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I think we should attend to our businesses while waiting for the bitcoin to provide us good earnings. We do not have control to bitcoin. It's true that we may attempt to sell bitcoin even if we lose if we are looking at the price every moment.
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Astvile
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February 22, 2018, 02:50:49 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Definitely this is the trigger on panic selling,we all know how volatile bitcoins and other cryptocurrency is,and changes from time to time maybe big or small can cause a negative mindset upon it,thinking that it will submerge more deep and fall more.So checking it frequently is not advisable unless your a type of person who sticks on holding |
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bakekang008
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Global Risk Exchange - gref.io
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February 22, 2018, 05:33:51 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
It's okay to monitor bitcoin, but not every minutes, because you stress your self. Just relax, just think positive that bitcoin will became stable and better in future. And recover what facing of struggle right now. |
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reck1ess
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February 22, 2018, 05:38:16 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Short explanation but real accurate. This is the common mistake i made a week ago. Looking on a price every minute or even an hour is really a bad habit of me, and it cause me to lose instead of gaining profit. Hope everyone would learn from this. |
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potzpotz
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February 22, 2018, 05:54:14 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Yes don't look btc minute by minute just keep believing have a trust nothing to worry because bitcoin is powerful don't to panic |
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Yarsk
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February 22, 2018, 06:26:18 AM |
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If you are a long time investor then there is no need to keep checking the Price of bitcoin every now and then because that can prompt you into panic selling, since you are a holdler just put your mind away from the price chat movement and focus on time. But when you are a day trader then you will need to check the price every now and then in other to know when to buy more bitcoin or sell your bitcoin.
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Deancooel1
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February 22, 2018, 06:28:53 AM |
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really, for a panicky person like me it is not good to see the market especially bitcoin in this up and down condition. will only make us cutloss and not get profit
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JihanAs
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PITCH – THE FUTURE OF OPPORTUNITY
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February 22, 2018, 06:32:51 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
better estimate price bitcoin in a long period, this relates to the analysis or trading strategies in bitcoin. to avoid panic selling because of the fluctuating price movements |
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phpartisanmaster
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February 22, 2018, 06:36:13 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Most of the traders who tend to panic are just new in trading, those professional traders who are holding a huge amount of cryptocurrency does not worry because they all know that the value of their coins will still go back to normal when the market's value will increase again. |
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Afnan_faizah
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February 22, 2018, 06:38:49 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Look at btc every five minutes will be tiring. By the way , the fluctuation is not so much. If the reason why they look at btc every fee minutes is because they want to get daily income in trading then it is not so good. Buy masternode coin is better to earn daily passive income. |
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semarmesem195
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February 22, 2018, 06:42:47 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Your statement is true, But what about a trader? Should not they see the price every time to get profit? I personally check the price at least once a day, it also aims to predict/estimate the price that will happen next. In addition the purpose of checking prices is definitely to compare the benefits of what we invest. Since not everyone is investing for the long term, therefore some people will always check the market price. |
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heisenberg0000
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February 22, 2018, 06:50:51 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Agree with this. I think those who looks on bitcoins price are usually the new ones. Including those who doesn't have an experience in the stock market or forex. Plus the fact that they are worried on the high volatility rate of crypto compared to other market. Indeed this is not for the faint of heart. I also think that those who puts money more than they are willing to lose are the ones who usually looks in bitcoins price every 5 minutes. |
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JCLee
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February 22, 2018, 07:01:26 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Regularly, I only check Bitcoin's indexes to predict altcoins rates. Because I determined to hold Bitcoin for a long time because Bitcoin is expected to reach $ 50000 in 2019. So checking the exchange rate of BTC does not mean panic selling  ) the price of BTC to evaluate as well as predict the exchange rates of the entire cryptocurrencies market  |
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Janademir4
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February 22, 2018, 07:33:45 AM |
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really what you say by the more often we see Bitcoin market then the more fear and panic to sell even if you are able to resist not to sell Bitcoin then you will feel uneasy because of seeing the fluctuation of bitcoin prices very quickly
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TheNextChampion
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February 22, 2018, 07:40:01 AM |
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When i was new in bitcoin i did this i always look on the price of bitcoin every minute or as long as i have internet connection and it's just good to me that time. Now, i don't do it because it will only make my mood bad when i saw the price is not going up and just continue to decline. I invest now and before and just leave it and just wait for it to pump.
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Firefirefire42
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February 22, 2018, 07:44:43 AM |
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As a day trader and depending on the type of trading you do. You must got to look at the king btc frequently that is my point
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Cryptogodfather
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February 22, 2018, 07:45:03 AM |
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I totally agree with you! It's a waste of time, and this time can be spent on another important projects!
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Rrotess
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February 22, 2018, 07:49:34 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Yes youre right because every minute for tracking bitcoin was make you pressured of always thinking.Try to relax and expend your time in posting forum instead of tracking the value of bitcoin. |
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deviltasha
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February 22, 2018, 08:02:10 AM |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Yes at it will make us nervous, we should look through long-term perspective. |
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