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Author Topic: I stop looking at Bitcoin Price  (Read 1613 times)
Ziomuro27
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March 31, 2018, 08:54:04 AM
 #41

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin
Today the price of bitcoin is rising and maybe tommorow or the other it may fall. For me I need to be aware about what's happening to bitcoin, because this only way which I makes my bitcoin safe and also to be updated if the value of it is increasing nor decrasing. It's important to know about this to make myself aware. On contrary it depends on the people who holding their bitcoin its up to them what they will do.

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BruceBanner1
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March 31, 2018, 09:14:03 AM
 #42

Isn't it good time to rethink on our decisions? In Dec17 BTC was all time high and its just few months back, now the current price is around $7k. Lets just suppose how far it will going to fall may be more 1-2k not more than that. I am new in this forum, but still I used to saw bitcoin rise since last winter.
What i think is, its the best time to invest coz every day there is some new news related  to crypto world. Every now and then there are some positive news from some well known and high ranking people. This i think is sufficient enough to prove in nearby future BTC price is going to rise once again.
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March 31, 2018, 09:15:37 AM
 #43

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin
it may be a good decision for yourself. so while there is still a chance then speak the best. because all the decisions are in your own hands. hopefully for 2 months this bitcoin state will indeed improve.

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March 31, 2018, 09:17:29 AM
 #44

I myself have the same fate as you because the price of the bitcoin lately is so bad that to see the graph continuously can make us panic so I decided to stop seeing it and wait a few months for future price changes.

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March 31, 2018, 09:20:04 AM
 #45

That's the best way to do, stop looking at the rise and fall of the bitcoin. you must take the fact that it is normal for bitcoin to rise and drops pertaining to its value. check it when necessary and not every minute or every hour it will indeed hurt you and hurt your pocket.

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Borisov
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March 31, 2018, 09:20:43 AM
 #46

If you have weak nerves, do not look at the cryptocurrency market next month) take time to family and friends)) if you do not play on the stock exchange of course, now you can also earn on these swings. Very soon we will see good volumes and the price will start to grow rapidly.
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March 31, 2018, 09:21:17 AM
 #47

You may better hold your bitcoin for a longer period of time. Bitcoin price is dropping, just like most altcoins. It looks like the party is over, but do not worry. After all the FUD of these last few weeks, bulls will take over. At the moment the market is oversold and we'll have a bull change soon. At the end of the year bitcoin might reach a new ath of 30K. So, hodl and you'll be happy at the end of 2018.

neoandtrinity
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March 31, 2018, 09:22:26 AM
 #48

That's right, we need to keep a clear mind, relax the body, looking at Bitcoin Price all long day that's terrible, I think you have to know what you want and to be comfortable.
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March 31, 2018, 09:28:04 AM
 #49

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin
I am doing the same thing, ever since the price started going down every time i look at it it makes me sad and ruins my whole day thinking about how much money i have lost, so the best thing to do is not look at it for a while and just forget about it for a month and tow maybe goon vacation and by that time probably the price will start going up again, there is no point in stressing out about the price because we have no control over how it changes we just gotta accept it.
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March 31, 2018, 09:32:04 AM
 #50

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin

This is a very right decision. Continuous monitoring of the market usually leads to bad decisions and panic. So if you have invested in the long term, it is best to forget about the market for a few months.  Smiley Smiley

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March 31, 2018, 09:37:53 AM
 #51

I wanted to do this tactic as it is very stressful to look at the price everyday and be dissapointed with it, but I have no other choice as I trade the alts and my investment are there so I need to cut my loses  Undecided
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March 31, 2018, 09:40:59 AM
 #52

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin
I am also a hodler of BTC and right now, my BTC in my wallet seems to be in its lowest price. I am newly in investing. In fact, this is the first time I have invest in BTC  and I don't want to be discourage by this crash. 50% was already lose to my investment and I need to hold.

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March 31, 2018, 09:41:12 AM
 #53

This is also good for the meantime when price is down to stop looking in the market value. This may release stress to stop checking time to time. If their is already good news to explode the market value you can recheck again the price.

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cryptogideon19
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March 31, 2018, 09:47:22 AM
 #54


That's how you sometimes need to relax do not look at the market so you can not stress. It's a big thing to always look at the market sometimes you do not have to look so you do not get irritated ahahah.
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March 31, 2018, 09:51:37 AM
 #55

This is also good for the meantime when price is down to stop looking in the market value. This may release stress to stop checking time to time. If their is already good news to explode the market value you can recheck again the price.

Although you have a point, but there's also a negative effect when you're not updated in bitcoin price. We all know that bitcoin price is volatile and keeps on fluctuating from time to time. Bitcoin price changes every seconds, what if it's price will increase maybe up to $16,000 at that time, and you're not aware that it increase, and the when you look at its price again, it drops up to $5,000. Wouldn't you feel regret in that situation? It's a huge loss for you if that will happen. Anyway, if you feel stress with its price and the only way to get over your stress is by not updating in the market, then so be it! But don't take it for long. Maybe you can do it for just a week.
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March 31, 2018, 09:51:38 AM
 #56

I am used to the price fluctuation of Bitcoin and the big jumps or crashes don't faze me any more. As long as I am in the green I am happy. I check the price briefly in the afternoon after work and that's it. Just don't be a weak hand and sell off prematurely  Wink
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March 31, 2018, 09:53:24 AM
 #57

You are a very, very wise man.  I wish I had the dedication that you posses.   
The closest thing I can say I have done to compare to your will power is that I uninstalled some apps on my phone that would enable me to check the prices, even when I was driving!

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March 31, 2018, 09:58:01 AM
 #58

You'll be glad when bitcoin goes down, because this is an opportunity for you to buy and invest in bitcoin.
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March 31, 2018, 09:59:05 AM
 #59

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin

Yes, those people who are emotional and can't see their portfolio in Red, this is the best thing they can do is to avoid looking at their portfolio. If you see it on daily basis, it will eventually make you sad and in emotion you can take a wrong decision of selling your coins at loss so its better if you see the price once a week.

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March 31, 2018, 10:08:23 AM
 #60

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin

Long term investors should not check bitcoin prices frequently because:

1) Seeing drops in prices may raise doubt in mind. Some people may finally sell in loss thus losing money instead of making profit with bitcoins.

2) A lot of time is wasted in the process as well. If you have already decided to hold for 2-3 years, what is the point in checking the bitcoin prices every day or hour. A lot of time is wasted in this. Better use that time to learn about promising alt coins and ICO projects and then invest some money there.
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