Don't look at btc every five minutes

[easemypain]

Not everybody is prone to Fear, Uncertainty, and Doubt and Fear Of Missing Out. most people if am not mistaking keep track of the variance f Bitcoin to know when to buy and sell to make a reasonable interest. so, looking at BTC is quite advantageous to those who know the worth.

[cryptokitty]

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,  by checking btc from time to time you will surely get panic and probably sell all your bitcoin.  I've done that during my first month in trading.  I checked my btc from time to time and i encounter more losses because  of that.   I've  learned my lessons after that. Now,  i've learned how to wait and be patient.

[stronghands4lyfe]

I have gotten to the point where I don't need to check everyday, and honestly it took me almost a year to do this. I only check every other day now which is good but if I could reduce that to once a week that would be even better. Hell put me in some sort of cryogenic ally frozen machine or coma and I would gladly wake up in a couple years to see what BTC is then .

[Pancheng]

Traders do that a lot not to find reasons to panic but an opportunity to grab, like when they say the price is down, they are waiting ING for someone who panicked and sell their BTC for them to buy it in lower price to trade it again someday...

[burner2014]

Traders do that a lot not to find reasons to panic but an opportunity to grab, like when they say the price is down, they are waiting ING for someone who panicked and sell their BTC for them to buy it in lower price to trade it again someday...

It is a normal thing if you are a newbie here in bitcoin to see the price regularly, because looking at the picture really excites you so it is not a problem for as long as this will makes a positive side in their life, looking at the price should not be a problem unless you are too obsessed for it that you are seeing it always for no reason.

[Coleth]

We don't remove the fact that many bitcoin traders are really serious in tradiing and it is their lifestyle so many really tend to look at it as an update from time to time because it is their job, but i do believe that it is much wiser not to look for the value in just 5 minutes but in much longer time or so and be conident about it. So you may focus on other things to do not just in bitcoin, it will become stressful as well when you are timing yourself in looking.

[bohr]

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

That is correct. It is when people starts checking the prices every minute that they also begin to worry about a dip. And especially if the dip is reaching a bigger percentage, they might only worry too much that they start creating a lot of negative scenarios in their rich minds and they will end up selling. With a loss! That is the sad part. In the future, when they look back at these instances, there will be nothing else to say but regrets. 

Some certainly do not too have much of a choice, if you're a day trader you have no option but to look at the price every single minute that is part of their jobs of what they do, if they didn't do that then they will lose money, now there are some that look at the price every single minute but are not traders so they probably have a problem if they keep up doing that so they need to be more confident in bitcoin.

[Blue Bell]

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.

I agree with you and I think no one have such a time to check bitcoin after five minutes if you are investor so I think after one hour it’s possible to check the price of bitcoin because bitcoin price really matter so we have to take a right dissection on right time then we can get a profit otherwise we can lose also so checking bitcoin its important but not after five minute.

[Granxis]

We don't remove the fact that many bitcoin traders are really serious in tradiing and it is their lifestyle so many really tend to look at it as an update from time to time because it is their job, but i do believe that it is much wiser not to look for the value in just 5 minutes but in much longer time or so and be conident about it. So you may focus on other things to do not just in bitcoin, it will become stressful as well when you are timing yourself in looking.

Some traders constantly monitor the price of Bitcoin from monitors, in fact it is not often a good thing to take advantage of it. I also like to look at the price of Bitcoin constantly, there is no stress. That's why I can see your buying opportunities.

[XFlowZion]

I remember that I was that type when I'm still starting my journey on btc and it really makes me insane on doing that. I was desperate to make money so that is my reason I acted that way but after I gain so much profits, I started to do it few times a day.

[belalangsembah]

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

Trying to be updated about the bitcoin price is not bad.But those who have bought Bitcoins as a long term investment need not have to worry about the price fluctuations in short time.

Right now I still believe in bitcoin and I know it will recover everything, all we need is to be patient and wait. In the past few weeks bitcoin and other coins have dropped a lot, and whenever I look at all my coin prices, I always end up with worries, which is why I always see the change in the price of this crypto currency.

[kpcian]

Exactly, This is a good proposal for not being afraid of this platform. When you see frequently the price of Bitcoin then you certainly get panicked about the price level. So if you want to save Bitcoin for the future purpose then you should ignore the price volatility. This is a regular scenario for this platform.
Just do believe that Bitcoin and other cryptocurrencies will recover soon and this platform will bring to you a lot of profit in the future. That's why don't lose your hope and keep in touch in this system for the future purpose.

[ethereumhunter]

by looking at bitcoin in every five minutes will makes us stresses and cannot think of clear because sometimes we cannot control our emotion when the price is down. we cannot do another activity in our real life and only watching the price up and down without doing anything and if we do this for all day long, our tension will become higher and we cannot make a good decision to prevent the loss if we are a loss.

[clarkt]

The heading is not far from the truth of successful trading and investing of cryptocurrency.  It is like a farmer that planted a seed going to check if the seed is growning under the ground by constantly digging out the seed to see.  Would it ever grow!

[AntonDrobot]

Over the past few weeks, in South Korea, Japan and China (and these are the three largest crypto-currency markets), trading volume against the backdrop of bans has dropped significantly. Traders in these markets are usually buyers, but recently their output creates an imbalance in the market, which leads to lower prices and panic.

[D1n0]

I'm not panicking , I hope that soon everything will fall into place.the panic only aggravates the situation, because of these panickers bitcoin has now fallen to the limit((

[xxlouisxx]

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

Checking the price every minutes is stressful and of course leads to rash decisions and panic sells. If you are the long term with BTC then you can track it 9-10 times per day.

[Tory26]

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

Checking the price every minutes is stressful and of course leads to rash decisions and panic sells. If you are the long term with BTC then you can track it 9-10 times per day.

You won't track BTC every minute if you won't have BTC. Think about it 
But seriously, only the willpower could help you in this situation.

[Ewox]

I actually agree with not looking at bitcoin every five minutes because it is true, it makes you panic and would want to sell your coins before it is going to be pulled down further more. It makes you think crazy negative things which leads you to pulling out the coins you hodled and end up without having profits or no profit at all. Better go for long term trading and check once every month instead.

[denisaardelean]

 I even think that it is amazing that the price of a currency changes even just for a minute and it does not make me feel panicked to sell. You might say instead that if you are in long term, big changes in price especially downward should not affect you much. It's true that most investors tend to get excited and always check the market from time to time though it is essential to monitor the values of our btc from time to time specially if you are day trading