xandra
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March 10, 2018, 02:03:03 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, I am one of the people who keep on tracking the value of bitcoin .Before I really easily got panic when I saw it's falling down and when I think it will increase a little bit I immidiately convert it to fiat money but now I already used how the market plays so I dont panic anymore.
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mak lessoh
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March 10, 2018, 02:16:52 AM |
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Of course the main purpose of bitcoin is long term investment, if we always see btc every minute it will make us panic and sell it, like stock market, btc will go down if many people do panicsell.
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brotherwood12
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March 10, 2018, 09:46:26 AM |
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nice advice , im agree with you , few month ago i just watching trading site for 5-10 minute frequently and that always make me scared , right now i just open it for 1 time in 3 day
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bealjulian
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March 10, 2018, 12:34:20 PM |
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I agree not to look out to bitcoin price in every 5 minutes because the time will be long for us to wait for the increase of bitcoin price. It really make us feel weak in monitoring for the price going up and down. This is what I like in this forum since there are a lot of unexpected that could happen to us and our decisions are the keys to a certain destination. Being paranoid about your money is what inexperienced persons do
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fortunecrypto
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March 10, 2018, 12:51:28 PM |
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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
As long time trader and holder of Bitcoin I seldom check Bitcoin price I am more into looking altcoin price, especially on the ICO where I invested I do not panic everytime bitcoin is showing red unless the price goes down to 50% of its value.
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GREATLOVE
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March 10, 2018, 12:55:44 PM |
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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
Honestly, I am like this even any coin or token that I am holding I always look at the price and if the the price is going down I am panicking and honestly I am like in the big mess of my life just like that.
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rose8963
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March 10, 2018, 02:01:01 PM |
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I think this is not good for your health as well as the spirit, efficiency of your business. With bitcoin is a long-term speculation over time. Even if it goes up or down, you look at continuous price charts that only make the body fatigue. even lead to stress. Especially at the time it goes down, you should try to get your body to rest and work with science. This is good for health and business efficiency.
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Beremat
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March 10, 2018, 02:56:40 PM |
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I agree with you. BTC is more suitable for long term investment. there are many things you have to do in this market to get profit. why do you just focus on checking BTC price? you should not do that.
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mkhadazz
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March 10, 2018, 04:06:36 PM |
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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 you really should not see the condition of the market every day because it will make you confused and not confident, you should just close the market but do not forget to put a sell order when expensive so you are not too late to sell assets you have at expensive prices.
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aurorabitcoin.96
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March 10, 2018, 05:51:49 PM |
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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
I can understand, to update the value every 5 minutes if you trade but if you only need to hold, look at the value 2 or 3 times a day may be enough other items becomes an obsession! And yah, it is not good for your eyes and heart. Because you will force eyes to watch Screen every time? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) and Heart because the price can sudden Drop Drastically. I hope they not get Heart Attack after watching Bitcoin/ Alt values every time. I agree watch the value 2-3 times everyday is Enough. Analyze and Decide when the price always rise everyday and keep your eye on it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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bitcoinking11
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March 10, 2018, 07:07:29 PM |
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I think A lot of investors including me look at bitcoin price quite often and it is very stressful. So, looking at bitcoin price in several hours interval would be less stressful and better.
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Waqas vicky
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March 10, 2018, 07:13:05 PM |
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Absolutely agree with you brother, if we look btc every 5 minutes its makes us more panic so its better to buy and wait unless you got some profit.
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marqonah
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March 10, 2018, 08:59:32 PM |
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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
bener what your word, it should not be too see bitcoin in every minute, it is not justified, not even good for yourself. bitcoin prices sometimes rise and can also go down, if you monitor bitcoin every minute, it will make yourself exhausted, and can make you dizzy. when you see bitcoin at a low price, you can feel a sudden panic. that's why it's not recommended to monitor bitcoin in every minute. bitcoin prices may change at any time.
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aurorabitcoin.96
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March 11, 2018, 12:18:32 PM |
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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
bener what your word, it should not be too see bitcoin in every minute, it is not justified, not even good for yourself. bitcoin prices sometimes rise and can also go down, if you monitor bitcoin every minute, it will make yourself exhausted, and can make you dizzy. when you see bitcoin at a low price, you can feel a sudden panic. that's why it's not recommended to monitor bitcoin in every minute. bitcoin prices may change at any time. Errghh... What do you mean?. I cant find bener on my dictionary, Oh i forgot you are English Expert. But, serious. I cant stop my laugh at this person. When you want to speak English, use your translate Properly. Idiot if you translate whole sentences and copying it out. Another Indonesian try to write English properly. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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omarsir
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March 11, 2018, 02:20:36 PM |
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look up BTC after every five minutes it's really like a crazy man but nothing else. As member of newbie you don't look at BTC for every five minutes. Buy and sell of BTC is so difficult in local market and must have knowledge more about BTC.
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Gheka
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March 11, 2018, 03:54:18 PM |
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I agree with you. BTC is more suitable for long term investment. there are many things you have to do in this market to get profit. why do you just focus on checking BTC price? you should not do that.
If we are trading day and focusing on btc, checking the price on a regular basis is also a proper thing but we check every 5 minutes, that would be an inappropriate thing because the market will not fluctuate too much during that time. In addition, it also has a negative effect on our psychology when bitcoin receives bad news and prices drop sharply, and observing too much will make us think negatively then we will become anxious, sometimes we will panic sell, this mistake is too stupid, we should not let ourselves fall into that situation, calm, patient and waiting, these are the conditions to become a successful trader
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sarmrakib
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Up to 300% + 200 FS deposit bonuses
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March 11, 2018, 04:22:08 PM |
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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
Its ok that if we track in every minute it can make us panicked. But If we look at the past it just got low at the early of the year,same things are happening now. So I think we should make a plan to buy at the low stage to become profited we need to remind it ups and down is a common habit of market. .So that we won't be panicked more.
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JoinKazr
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March 11, 2018, 04:29:40 PM |
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Checking btc every five minutes, I think is a bit exaggerated. I really don’t see the point of it. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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oacorewsoni
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March 11, 2018, 04:36:46 PM |
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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
Unlike the alts, bitcoin is relatively stable investation. You don't need to check BTC price every minute - there are no major changes in a short term as usual.
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dioanna
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March 11, 2018, 04:51:15 PM |
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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
Cryptocurrencies are lucrative if you have a good strategy and know how to manage risk. Many Coin holders will think this a bad year for them. You’re not in end of it. What brought bitcoin down is only Correction, just hold or invest in good platform coz after the regulations, it will still rise again. Many people will make a lot of money if they drop their fears.invest in a good platform and watch your fears turn to profit.
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