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Question: How often do you check crypto prices?  (Voting closed: February 26, 2018, 08:06:10 AM)
Daily - 33 (57.9%)
Continuously - 10 (17.5%)
Every few days - 12 (21.1%)
Weekly - 2 (3.5%)
Total Voters: 57

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Author Topic: Checking crypto prices  (Read 932 times)
coin_1122
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February 15, 2018, 02:50:14 AM
 #61

Many people here checked crypto price daily or every hour. Specially those who are into trading. But i prefer to check the price of my cryptos every week.
We can see in the first month of 2018 bitcoin prices are constantly fluctuating and rising in a very unpredictable way. For that reason we must constantly update information, monitor the market at any time and everywhere to make predictions and plans for yourself. Most importantly for those who are trading bitcoin, continuous monitoring is extremely important.

Yes, we have to monitor on timely basis otherwise we cannot make profits with Bitcoin. Suddenly it will pumps to more than 2000$, in this state we should not miss the boat for selling in order to make profits.
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February 15, 2018, 03:04:19 AM
 #62

i believe checking the status of the market everyday is very important because we can have the information when the price get high enough to sell or to cut loss when the price gets low. If we don't update the information commonly we may miss the chance to get profit very much, and having a routine to check the price is a good way to encrease our knowledge in the future.

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February 15, 2018, 03:11:13 AM
Merited by fulmetal08larz (1)
 #63

Checking crypto prices is always crucial, we all want to make sure that our coins are gaining more than expected, especially in times when the trend is bearish, we must make it a habbit to check daily for us to know when to exit, since we do not want to get in a bull trap or a bear trap. Our entry will make sure that we will gain more profits but it is the exit that counts, since it will determine how much we gain or lost, also we can see the trend, whether it is just going to be a pump and dump, rather than waiting for some time for our coin to earn in the future, we need to see to is that our coin is also stable, not just being hyped.
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February 15, 2018, 03:16:55 AM
 #64

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.
We can see the market in the early days of 2018 has a lot of complex deposition. The bans on the Chinese, Korean and Indian sides have been steadily declining, and have now rebounded to $ 9500. So we have to constantly observe and follow the market at all times to be able to catch up on the market and make a concrete plan for ourselves.
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February 15, 2018, 03:22:41 AM
 #65

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.
if you are a day trader, it is not a problem checking them out every day or every time to make a profit, but if you are a long-term investor, do not ever practice it, checking the price every day or every minute can make you panic selling when looking at market prices Grin
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February 15, 2018, 04:25:00 AM
 #66

If you buy more coin or if you always do trading ofcourse you need to check the market always. So that , you can be able to see the behaviour of your coin. Checking it daily is not a bad thing, you really need to do that,  because your profit might scape.
Rightnow the market is still low, but i know in the next few months or years it will rise again, so always check it and wait for the right timing.

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February 15, 2018, 04:51:51 AM
 #67

I check crypto prices if ever I am into trading.  But mostly I checked them weekly just to update me of the current trends of price since i believe cryptocurrency especially Bitcoin will not skyrocket in just one day(with the exception of altcoin that were being pumped hard). So I believe it is a waste of time to check it every minute or evey day unless as I said I am trading/scalping to take profit of the fluctuation.,
Keep checking crypto price in every single minute just shows how you have no plan for your investment/ trading, it might just temporary speculation that leading into a loss mostly, you just need to check it for once or twice and decide which one you would choose to invest , set the buy position - sell position with alarm in it, once the alarm ringing then go to the market and repeat.

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February 15, 2018, 05:36:55 AM
 #68

I checked crypto prices daily to verify my holding coins status. Once you have coins in your portfolio you are always checking in it. We know that in this market price in every minute, daily price changes it may swing fast to go down and up.
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February 15, 2018, 06:22:10 AM
 #69

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.

I personally check the price every 10 minutes because Ii work in front of the screen. I always check the price, the goal is to calculate comparison value of the coins i have. If it costs more than 2.5x from what i bought then i will sell it and buy altcoin.

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February 15, 2018, 11:38:52 AM
 #70

I check it depend on the condition of market, if the price on down trend i dont see it daily because just avoid my mind want to sell it because my purpose to hold all my digital asset for long term investment. But if the price on up trend i will see it daily to know the price action and could be i sell some of them to buy something.

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February 15, 2018, 12:08:54 PM
 #71

I do check daily to know the current status of my portfolio
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February 15, 2018, 12:15:15 PM
 #72

I check exchange rates every day. The fact is that I trade within a day. Therefore, it is my rule - constantly monitor the market and prices. If I was an investor, I would probably do it much less often.
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February 15, 2018, 12:25:06 PM
 #73

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.
If I invest in cryptocurrency, then I check its price every day. But if in this cryptocurrency huge jumps in the price, then I check the price every 5 minutes.

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February 15, 2018, 12:30:47 PM
 #74

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.
Every minute I spend on the internet . I'm constantly checking the prices , what coins are pumping and what coins are dumping. I could say I'm kinda addicted to it , I even wake up in the middle of the night sometimes and the first thing I do is grabbing my phone and checking binance . It's getting really bad especially in the bear market ,the stress and disapointment you get seing your coins on the red is just  terrible .
I try to not check the prices as often but I just can't do it , I feel like I will miss on an opportunity if I didn't check the prices every second.
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February 15, 2018, 12:42:42 PM
 #75

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.


Since I'm a trader I always check it every day. During selling I check it hourly while during buying daily checking is enough. I think there's no trader here who once check the crypto price at weekly basis.
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February 15, 2018, 12:49:09 PM
 #76

Before, I was checking the crypto prices on coinmarketcap and my portfolio on blockfolio on a daily basis but because of the previous bloodbath, it always stressig me to check the market so I decided to just check it every few days amd now, I'm happy that the market is slowly recovering. I'm jist hoping that it will continue till December.
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February 15, 2018, 01:08:34 PM
 #77

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.
Actually checking the crypto prices too often is not good if you are an investor because it is the main reason for the panic selling,so people need to stop checking the crypto prices daily unless you are an trader.But many people are checking it daily and it is will make us insecure about our investment when the prices are falling.So if you want profits from your investment just keep them in cold storage for a while and let it to grow for sometime.
I am also be like that before checking the crypto prices for every hour but now I changed my habit,now I will check the price of only bitcoin once two days.
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February 15, 2018, 03:47:48 PM
 #78

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.

I think thats porbably true. The rick is  (if you arent a trader) to check every week or so. You avoid all of the small moves caused by FUD etc. In the end no one know what will happen.
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February 15, 2018, 04:18:44 PM
 #79

I do not have a regular job and only make a living from earning crypto currencies and by also trading them so for me it is imperative I check the prices every day at least two or three times so I can see if there is any movement in my portfolio and if I need to trade any coins to either buy or sell.  If you are in this business professionally, t is very very important to check the price movements. Others just buy and hold a coin for several years and so they do not mind not checking. Even I am holding for long time some coins, I like to check them still on a daily basis and I voted daily in the poll here.


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February 15, 2018, 06:25:12 PM
 #80

94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.

Is the data really matters wherein daily, weekly etc.? I mean it's obvious that everyone who have an active orders or hold assets tend to check the prices regularly. And as a trader they should always take monitor of the price closely as they are dealing with the price volatility here to win the game.

Even those who just say that they will hold for long term always monitor the price majority on regular basis.

As for my case, it was always a routine for me to check my hold coins' price numerous times in a single day.

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