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Author Topic: How often do you check crypto prices?  (Read 2347 times)
raidarksword
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August 08, 2019, 02:34:17 AM
 #21

I did check my portfolio maybe three times a day to check if it's worth to sell my coins or tokens within the price i assumed it would be in the market. Since bitcoin doing great this week maybe i will be checking my assets time to time now then.

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August 08, 2019, 02:34:22 AM
 #22

To be honest I do check every day, as I might be missing something. If its down big , then I might see it as a big opportunity to make a nice interest in just few days. if its on the rise then also I am happy as my folio looks good
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August 08, 2019, 02:44:17 AM
 #23

if in my opinion, even every day I also check my altcoin trading in the market, because I also use trading every day, so I also believe using my altcoin to trade every day will also generate good profits
Testing every day is a good thing but when the market tends to fall, it's best not to do this because it will greatly affect your psychology. I often trade when the market turns green because it is a good time for investment and it is easy to earn profit if there is good knowledge but when the market turns red, you should wait and hope everything stable again so don't check the price at that time
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August 08, 2019, 03:08:52 AM
 #24

I check it as much as anyone else here. Of course, you need to see what the current price is and what are you going to do specially if you are trader. I guess there's nothing wrong about it, after all everyone is here to make money right?

The problem is that when people do check the price and then panic if they see that it is going on a downward spiral and just decided to push the sell button. It's more than that, you need to be mentally tough seeing that your portfolio is going down. This is a game, and if you break early then it's your loss.

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August 08, 2019, 04:08:51 AM
 #25

Cryptocurrency price checking rate is done by determined by which avenue a participant is working on. We have cryptocurrency short term traders and long term investors. The traders are prone to watching the every step made by the price of a coin used for trading because short term or day traders thrive on the small increase and decrease in coin prices to make their daily profits. However, a long term investor can buy a coin and gives it a long term goal of a year or more, comes back later and check the price with an increment of more than 500%.
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August 08, 2019, 04:29:17 AM
 #26

I hate to say it but I do the checking every hour of the day, at least when I'm at home, and awake of course. The good thing when I'm not at home is that my mind can have a little rest from all these price monitoring, changing of orders, and reading of news about crypto. But still I simply can't take everything off my mind. I guess I'm a little bit addicted to this already, just like the rest apparently. 

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August 08, 2019, 09:49:51 AM
 #27

Not that often if comparing to some people who are checking their Delta portfolio number every hour or so. So yes, I take a peek at my number couple of times a week just to see where I am standing and if there is some chance to make profit via my holdings.
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August 08, 2019, 11:43:12 AM
 #28

My bro just said I'm getting addicted to my Portfolio app, and I think he is right. I usually check crypto prices at least three times a day. I know it's not very healthy checking crypto prices these days, but bitcoin specifically has been doing well.

When I'm about investing in a new project I believe in, I usually monitor the price for a couple of days. There are those moments when you believe in the team behind a project and appreciate their methods of communication, but the price of the token could be even more appealing. A crypto enthusiast once said, "It is far better to buy a wonderful crypto at a fair price, than a fair crypto at a wonderful price." Since it involves money; no one would want to throw funds away. You'd definitely want the accumulate a wonderful crypto at a fair price!

When you monitor cryptos for a long time you realize that sometimes as quickly as it goes up, it can also go down just as quick. That is one of the perks of being observant. You know when to jump in and when to pull out. Don't forget the French/ English proverb; a stitch in time saves nine.

PS: If you have high blood pressure, I'd say you should avoid checking the price of altcoins regularly. Every time I check the price of some Alts, they're down another 5%. Such dumps on Alts could trigger up the blood pressure.

What about you, how often do you check crypto prices?
I check every day. Even every hour. Because I'm planning to trade every day, And tracking the price of altcoin is an imperative requirement


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thunderbitz2717
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August 08, 2019, 12:29:03 PM
 #29

My bro just said I'm getting addicted to my Portfolio app, and I think he is right. I usually check crypto prices at least three times a day. I know it's not very healthy checking crypto prices these days, but bitcoin specifically has been doing well.

When I'm about investing in a new project I believe in, I usually monitor the price for a couple of days. There are those moments when you believe in the team behind a project and appreciate their methods of communication, but the price of the token could be even more appealing. A crypto enthusiast once said, "It is far better to buy a wonderful crypto at a fair price, than a fair crypto at a wonderful price." Since it involves money; no one would want to throw funds away. You'd definitely want the accumulate a wonderful crypto at a fair price!

When you monitor cryptos for a long time you realize that sometimes as quickly as it goes up, it can also go down just as quick. That is one of the perks of being observant. You know when to jump in and when to pull out. Don't forget the French/ English proverb; a stitch in time saves nine.

PS: If you have high blood pressure, I'd say you should avoid checking the price of altcoins regularly. Every time I check the price of some Alts, they're down another 5%. Such dumps on Alts could trigger up the blood pressure.

What about you, how often do you check crypto prices?

Since I am day trader, I always checked it from time to time. Though, I knew bitcoin was in bullish stage were majority of the altcoins are dumped their price value in the market, it doesn't affect me so much. Because for me whether bullish or bear market I can still able to get profit, though it is aching when we see the price is more dumping in the market.
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August 08, 2019, 12:31:05 PM
 #30

I am checking the prices on coinmarketcap every single day. I am waking up and rushing to the phone to check if another bullrun has started. This is silly, but it is happening on a daily basis and there is nothing I can do about it.
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August 08, 2019, 12:32:45 PM
 #31

I always check the price of crypto every day, but only once a day. I think crypto will make a move up or down only once because the developers develop the status of the coin price during the day so they update it once a day as well as the coinmarketcap they only update and provide the latest update information once a day. so it seems that even if you check three times a day the price will remain the same as when you first opened it.

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August 08, 2019, 12:44:34 PM
 #32

Every 12 hours. I'd do it more often but that's unhealthy.
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August 08, 2019, 12:49:02 PM
 #33

I always check the price of crypto every day, but only once a day. I think crypto will make a move up or down only once because the developers develop the status of the coin price during the day so they update it once a day as well as the coinmarketcap they only update and provide the latest update information once a day. so it seems that even if you check three times a day the price will remain the same as when you first opened it.

Checking every day is my habit in this market and almost all investors do this every morning because we can decide on the market that day. I usually don't pay much attention to this market because my daily work is very busy so even if the market is red , I don't need to worry because it can't help me in making a profit. Of course there will be times when I feel bad when the market turns red and it is inevitable

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August 08, 2019, 12:51:23 PM
 #34

almost every time I check the portfolio that I have now, because I don't want to lose time selling coins. often I lose the opportunity to sell my coins and because of that I always monitor the market situation and also my portfolio
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August 08, 2019, 01:12:50 PM
 #35

Although my portfolio is not much, but by looking at the development of the current price of bitcoin.  It seems every time I want to see, the development of altcoin prices.  Is there a sharp increase, like bitcoin
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August 08, 2019, 02:37:22 PM
 #36

this is one of the uniqueness of cryptocurrency, we know that cryptocurrency is a new currency with unpredictable rate of market movement, prices can go up in a minute and down in 1 minute later, but this is a very interesting challenge for crypto fans, we will continue to learn and understand its movements in the market/exchange, and we must have confidence, every effort will definitely produce satisfying results. so observe prices, learn, and analyze with various factors that support cryptocurrency, you will really enjoy being a trader on altcoin or bitcoin.

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August 08, 2019, 03:28:12 PM
 #37

I only check it for 1 week or 2 weeks. Because I prefer to buy altcoin which in my opinion does not need to check the price every time, like btc, eth, bnb. BTC, if there is bad news, it will go down. I only need to read news based on the coins I bought. That way, I can know whether the price of coins will go up or down.
Well, if you choose a conservative development strategy in this market, you can check it 1-2 times a week or two weeks. but if we want to earn excess profits then we will invest in lesser-known coins and look at their price much more often

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August 08, 2019, 03:35:48 PM
 #38

I can do it plenty for everyday even probably i'm a little addicted to check crypto price because there is no days without seeing crypto price but i'm not checking all of the price of crypto and usually i only see the price regularly for my crypto assets

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August 08, 2019, 03:41:24 PM
 #39

I am not a professional investor but I check price almost everyday. It is because I am addicted to cryptocurrencies, not because I care about the price change.

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August 08, 2019, 03:43:53 PM
 #40

Coinbase too has started displaying price changes every hour or so and I get most of those prices from there.
I have no other apps related to crypto and as I have now largely restricted myself to a selected number of crypto, I visit coinmarketcap once or twice and day and the related exchanges once a day for the unique coins not on CMC.
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