adkwini (OP)
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September 25, 2018, 09:13:02 AM |
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I try to count how any times I've checked coin360 on 1 day. It's about 30 times.
P.S I've bought bitcoins so I'm sure that feeling will go away.
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mk4
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September 25, 2018, 09:16:10 AM |
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There's no point of checking the prices that much unless you're planning on selling soon. To be completely honest though, I've already done that in the past. That's something you get tired of doing as time goes. You pretty much get numbed to the volatility.
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Katystrong
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September 25, 2018, 10:24:14 AM |
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It is waste your time to check coin360 30 times/day. Instead of that, You should spend that time to learn about trading and crypto world
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harizen
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September 25, 2018, 10:39:51 AM |
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I try to count how any times I've checked coin360 on 1 day. It's about 30 times.
P.S I've bought bitcoins so I'm sure that feeling will go away.
Just do what you want. It's your choice. After all as soon as you progress you will changed your behaviour. Generally, if the purpose is just to hold, no need to regularly checked and monitor the price. But honestly, when a certain coin hits it's continous bullish or bearish phase especially in bitcoin, it's really usual to checked the price regularly as you might be left or missed the actions even your purpose is just to hold. So again, if you are comfortable doing that 30 times checking of price a day, then it's fine.
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joeperry
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September 25, 2018, 10:41:59 AM |
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Well, for what I've seen you're an investor of the bitcoin. First of all you should have known your strategy first, if you're a short term holder or a long time holder.
The advantages of short term holder or the day trader is that no matter the status of the market whether it is in Bearish or Bullish market you can earn, however it's up to your skill in trading if you're going to earn or not. The earnings you can take from this method are just small however the risk is also low.
In doing the long term investment or long term holding the risk is high but the profit is guaranteed if you succeed. But there's no assurance that if you're going to hold for a long time, you're going to earn remember that trading is like a betting game, you sometimes need to accept your losses and don't let the greediness in your heart eats you.
Well this is all according to my own experience and perception.
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Vaflia
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September 25, 2018, 11:01:55 AM |
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This is a disease of absolutely all beginning crypto investors ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) in About a couple of months it will pass.
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Binugon
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September 25, 2018, 11:43:29 AM |
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I try to count how any times I've checked coin360 on 1 day. It's about 30 times.
P.S I've bought bitcoins so I'm sure that feeling will go away.
It's a futile act, maybe everyone also hopes bitcoin will rise very high, but what should be done is positive activity on the market, activities that can add to your bitcoin collection, when the price of bitcoin rises it's your chance to sell it.
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dimiinx
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September 25, 2018, 11:50:23 AM |
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There's no point of checking the prices that much unless you're planning on selling soon. To be completely honest though, I've already done that in the past. That's something you get tired of doing as time goes. You pretty much get numbed to the volatility.
Yes, it's useless to count if the results are disappointing, let it be, rather than knowing that the results make the mood not good
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Malam90
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September 25, 2018, 12:00:25 PM |
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There's no reason why you are checking Bitcoin price after or every 30 minutes. It is better way to check Coinmarket cap daily 1 time or after 2 or three days if your buying rate is below market rate. Don't expect any miracle everyday from crypto market. Spend few minutes daily to understand the techniques of trade.
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Tszone
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September 25, 2018, 12:04:58 PM |
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Most people that frequently check bitcoin are the ones with the intention of selling them off because of the rise in the price.
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bitbunnny
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September 25, 2018, 12:08:10 PM |
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It sounds like a bit of obsession to me. On the other hand everyone has it's own reasons. If you are active trader, especialy on a daily basis or you have made some huge investment and speculation I would say it's normal to check on price quite often. But if the market is not going to some changes and the price is more or less steady then is no use in non-stop checking. Although I know it's hard to get rid off the habit.
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Mpamaegbu
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September 25, 2018, 12:10:15 PM |
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What you are experiencing now is normal. You aren't paronia. It's the famed beginner anxiety. I guess every high ranked member here did it in the past. Mine got to a point I had to download the blockfolio to easily keep tract of crypto prices. Now, I realize it's needless doing that except when I intend selling off do I check it.
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aoluain
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September 25, 2018, 12:13:59 PM |
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When i used to day trade i would check the markets that many times in a day but now i dont bother. I wont be selling my bitcoin based on the FIAT price even if it goes to $50k.
I only spend bitcoin when i need to buy something, the majority is held longterm.
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bitcoinVPSD
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September 25, 2018, 12:20:28 PM |
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I do not check too many times the bitcoin price on a day. I only checked one to two on a day. I do not want to waste my time to do it. For the rest of the time, I concentrated on further research and continued investing in new alttcoin.
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Asawakobana2017
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September 25, 2018, 12:22:12 PM |
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The feeling of excitement is always there. Specially when the price is really unstable and we have more holdings and i believe that the bitcoin price will really rise soon. So we cannot really stop people from those excitement everyone can't help their self by looking at the present price of bitcoin.
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louie69
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September 25, 2018, 12:43:16 PM |
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I think it's not the OP who is into checking with btc as most of the investors and supporters of btc does from time to time. I myself most likely checked almost 10 times a day since I wanted to know the market trend and keep me updated also. My preference is BTC market since this is usually the basis in the alternative coins.
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maculeth
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September 25, 2018, 12:49:16 PM |
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I check the price of bitcoin once a week. not every day, because I want to see significant movements within a week. whether down, or up.
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cfif123
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September 25, 2018, 12:49:39 PM |
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There's no point of checking the prices that much unless you're planning on selling soon. To be completely honest though, I've already done that in the past. That's something you get tired of doing as time goes. You pretty much get numbed to the volatility.
absolutely right and don't monitor as often as possible just to sell or buy, because if you think that you often monitor the price of bitcoin it will be a waste of time, so if you just buy or buy, we just monitor
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gabbie2010
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September 25, 2018, 12:52:01 PM |
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Checking the price of bitcoin will not any effect on the price irrespective of the number of times you had checked it daily you had already bought btc and taken a desicion therefore hodl you just have to be optimistic and confident that there should be favourable and positive news that could triggers a massive bullish runs.
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Magkirap
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September 25, 2018, 12:57:08 PM |
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I try to count how any times I've checked coin360 on 1 day. It's about 30 times.
P.S I've bought bitcoins so I'm sure that feeling will go away.
Monitoring the bitcoin price wont help , but checking it for like once a week is better than checking it for so many times. Its just wasting your time. I know that most of us are getting excited when will the price will rise but lets just wait and know the limits when it comes to price , you dont need to spend your time with that.
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