Don't look at btc every five minutes

[19faraon88]

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

I love watching the movement of the price of bitcoin. It likes a suspense and action movie for me, their always a thrill and some time you are lose but the ending you are still the winner. There is no problem in monitoring our bitcoin and as an investor , every minute is very important to us.

[Night4G]

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

I love watching the movement of the price of bitcoin. It likes a suspense and action movie for me, their always a thrill and some time you are lose but the ending you are still the winner. There is no problem in monitoring our bitcoin and as an investor , every minute is very important to us.

Honestly , I check bitcoin every hour to find out if it decreases or increases its amount . Its just my hobby to go check its value . Maybe when it decreases to $9,000 Im going to buy some btc to got a higher profit in the future

[surfinonmyownwavebaby]

I now have gotten to the point where I check once a day and that is it, even then I don't really care to want to check during the day. The main reason I do check though is just in case alts are dumping or pumping in which case I may have to liquidate a few spots.

[acener]

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

I guess so, because the more we track or monitor bitcoin, the more disappointed and upset we become about it’s value in the past few days. This is the reason why it is not that advisable for us to keep on monitoring bitcoin. We just have to be patient when it comes to bitcoin’s value.

[CarnagexD]

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

When starting an investment on Bitcoin we should always prepare ourselves to possible result or outcome Bitcoin could have in the future. Yet, having a hourly or minutely checking on the price of Bitcoin will just help you to makes you panic at the same time stress on the sudden movement of the price of Bitcoin on the market.

[nasipadang]

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

True, for those who hold bitcoin or altcoin and always see the market will panic especially if there is a small penurnan, maybe those who can not control themselves will be very panic and sell assets. One of the risks of holding a long time is when prices are only slightly up and not worth the time thrown away.

[serjent05]

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

I do not believe that if we look at the market of BTC, we are prone to panic selling.  Day trader always look at BTC almost every minute, but they never get panicked instead they are able to see the trend of the fluctuation, taking advantage and getting profit from it.  The only people who got panicked are those who have no faith in Bitcoin and were hyped in buying Bitcoins.

[kolega]

The trader does not need to constantly sit in front of the computer monitor.
It is enough to conduct a thorough analysis of price changes, make a trading plan and place stop losses.
And then you can do other things and not look at the monitor

[BILGPS]

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

yea i have suggested this to my friends that don't be panic i the crypto market the prices are goes up and down and this is not a problem that the price fall there are so many big jumps came into this market but if we look at the bitcoin popularity and bitcoin trading all these are going well. So it is good to be patience while the bitcoin users and if you are very curious in prices then you may lose  hope and bear a loss sale in this.

[Xising]

Checking btc every five minutes, I think is a bit exaggerated. I really don’t see the point of it. Checking it daily is okay but every five minutes? If you’re into day trading alt coins, that would be okay and highly suggested. Investing in btc is more profitable when done in long term. Checking it more often than necessary only creates fear which usually is comes with losses. Hence, you must learn to control your emotions before diving in.

[wayaneka]

Yes that right, for long term trading not nesesary to look BTC price every time but maybe just once aday. But if you are scalping trader and want to take profit between 5-10% you have to do it because you ca miss the profit or can be loss during trading. This is depend on the your purpose to gain profit, scalping or long term trading.

[katarin2030]

Yes that right, for long term trading not nesesary to look BTC price every time but maybe just once aday. But if you are scalping trader and want to take profit between 5-10% you have to do it because you ca miss the profit or can be loss during trading. This is depend on the your purpose to gain profit, scalping or long term trading.

Not necessary to check the bitcoin for every five minutes, does it really necessary to look into bitcoin. I think once in a 2 hour or 3 hour is ok because for trader's it is required but every 5 minutes looks like a strange thing to me.

[BingoDog]

We all depend on the price check too much, that is true, but with time this becomes a habit. At least in my case.
At first I wasn't checking bitcoin price all the time but now I'm doing it regulary and at least 4-5 times a day. And I'm even not a trader, at least not serious one. But I like to be informed all the time how the market is changing and don't want to mis anything.

[danherbias07]

Or panic trading.
Been there, and a lot of times I cannot sleep anymore to see what will happen.
It is not good for the health.
I learned to somehow control myself and not look every hour.
Now, I just check it once a day to avoid idle's from time to time with just looking at the price.

[Wyne]

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

Yeah this is definitely true. Before I always check the bitcoin price and it has a great impact on my emotions.  When the bitcoin price is high, I feel happy on the other hand when the bitcoin price is low, I feel so stressed and paranoid.  So, I've learned to just trust bitcoin believing whatever the bitcoin value in the market today, it doesn't matter because what matter most  is the bitcoin price in the future.  Since I planned to keep my bitcoin possession for a long period of time, I do not need to check its price minute per minute.  This is also the only way so I have peace of mind and not to be tempted to sell my bitcoin possessions when the bitcoin price is low. 

[strongwarrior238]

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

You can see that the market in recent days is fluctuating continuously and extremely complex, it can be seen that although bitcoin prices are recovering extremely strong but may decrease at any time due to the selling force a big day. Therefore, you need to monitor the price continuously and accurately, should continuously observe each blessing to be able to show the most accurate and accurate judgments.

[Jazvebtc18]

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, it can cause you to spend a lot of time and it can be waisted. Btc changes not every five minutes The high and low cost of Btc will vary depending on the markets.

[etron]

you think it's a mistake but I think it's best to look at it every minute and in this trading I do every minute (short term investment) because the current price is not stable and the graph is like a roller coaster, to increase the btc value I will keep looking coin - small coin and consider this as a game.

[mico]

i totally agree with you. BTC is suitable for long term investment. So, checking price frequently make you confused and lose your time. there are many things have to do such as researching ICO projects, learning technical skills, checking the news in the market, working for bounty campaigns and so on.. why do you lose your time to check the price ?

[zergenyt09]

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

Wat about every 6 minutes instead?

Lol! Maybe that will do.
But seriously we can't blame ourselves for checking it often and this is the natural way our mind reacts to it and as traders this is all usual.
However, when the market is in real bloodbath and it continued for days I'll just take a break from my blockfolio and just come back after it all subside besides I always prefer to long term holding.

I also agree to the long term holding but when newbie enters the market, it became his second habit to keep the track on the prices. I wont say that after every five minutes, but when I entered the market, it was the first thing I use to check in the morning and the last thing before I go to sleep. But slowly and gradually I stopped it, and then there was a time when I had no idea where the market is standing. So its natural for the newcomers, and I think they will also get over this with the time.