BitcoinPanther
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August 08, 2019, 03:47:22 PM |
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It depends on what you do for a living. If you do day trading then you need to check the prices almost every minute. If you are doing long-term investment so you check it once a week or a month. Monitoring the prices will simply help you to be aware what is the current direction of your investment that can help you on forecasting.
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proTECH77
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Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
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August 08, 2019, 03:47:50 PM |
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Most of my time are used for the forum and other IOT because of the type of person I am from birth, since I joined the world of cryptocurrency, I had not checked the market Prince until when I became a trader of cryptocurrency. Now I often ckeck the market price regularly to know.when to sell or.buy.
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cunguks
Full Member
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Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
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August 08, 2019, 03:48:01 PM |
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I can't count anymore because I check the price of crypto reaches dozens of times a day. Even if someone is trader with big capital I think he can't leave his eyes on the market screen I am also a daily trader, but I limit my trading to a few hours. it wasn't until one full day that I saw the market. when I think I have traded enough for that day, then I will finish and withdraw all my money in USDT or BTC.
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Vispilio
Legendary
Online
Activity: 2128
Merit: 1657
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August 08, 2019, 03:56:40 PM |
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Daily,
Cryptos are undeniably the most volatile markets in the world right now, and with 24 / 7 trading, action always goes on.
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Tipstar
Sr. Member
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Activity: 1918
Merit: 300
Vave.com - Crypto Casino
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August 08, 2019, 04:02:22 PM |
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I'm used to just clicking on the coinmarketcap on my chrome homepage on both my mobile and my laptop. It has become an instinct rather than a decision. Though there are many ways to get the prices, I still prefer to look at the price of BTC and ETH first as they set the trend of whole crypto market.
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bastian466
Sr. Member
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Activity: 1400
Merit: 251
Buzz App - Spin wheel, farm rewards
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August 08, 2019, 04:34:30 PM |
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As a day trader must definitely do a check every time to prevent the loss of profit opportunities. if see the price going down does have a negative effect on the heart and the mind arises the fear of loss but if see the price go up, smile because of the profit, it's all a daily risk
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zombi11
Newbie
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Activity: 37
Merit: 0
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August 08, 2019, 04:59:16 PM |
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Every day. You can make some profit with alts that have good time.
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michellee
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August 08, 2019, 05:13:06 PM |
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I am not too often check crypto prices in this few months because I think that the price cannot increase so high so I decide to check it twice in a day, but I don't check it every day. Maybe if bitcoin price can increase so high and the altcoin can follow to increase, I will check it more than two times in a day because I think that my coins can follow to increase too. Maybe in the next months, the market can grow, and we will see the bull run happens so I will check more often.
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Nivia1st
Full Member
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Activity: 821
Merit: 100
Volare.network
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August 08, 2019, 07:04:32 PM |
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not very often, maybe every time there is big news I see prices on the exchange or coinmarketcap. seeing the price too often will make me doubt, so I don't. I don't have free time for that anyway.
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South Park
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August 08, 2019, 08:31:00 PM |
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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?
How often I check the price of the coins in which I am invested depends entirely on the conditions of the market and my position, if the market is not moving much and I have important profits then I just check the price once a day, however when the price is very volatile and I am suffering losses or my profits are small I check the price very often, probably once every three hours, some may think this is too much but it is not if we compare my behaviour against day traders that watch the market for hours without rest.
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bitstalker
Member
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Activity: 383
Merit: 10
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August 08, 2019, 08:48:27 PM |
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every day it's just that I only monitor altcoin for bitcoin I'm not too monitored and usually I monitor to look for opportunities to do arbitase from exchange a to exchange b, and of course I'm also in addiction category
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danggoron
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August 08, 2019, 08:52:47 PM |
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I can't count anymore because I check the price of crypto reaches dozens of times a day. Even if someone is trader with big capital I think he can't leave his eyes on the market screen Me, too. Every time I take a look at market movements even though I'm not trading. It is very important to follow the trend of market movements so that the right moment does not lag behind. It also needs to check the development of news, rumors, and issues surrounding cryptocurrency.
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btccrusher
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August 08, 2019, 08:53:47 PM |
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I don't check prices unless I really have a target to trade for specific coins. For example, I have customized the alert so it can notify me when the price reaches a certain price, that's how I trade. For example, currently, I set BTC price at 9500$, so if it falls below the price, I'll buy some. Similarly, I have alert for 20000$ BTC price to cash out some.
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Mila52
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August 08, 2019, 09:22:49 PM |
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I keep a few top coins and check the price once a day. It’s a habit of being aware of cryptocurrency news. The cryptocurrency market is unpredictable and very speculative. But when lowering prices, you shouldn't panic and always be patient.
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suzanne5223
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August 08, 2019, 09:28:58 PM |
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I can't count anymore because I check the price of crypto reaches dozens of times a day. Even if someone is trader with big capital I think he can't leave his eyes on the market screen If you're not day trader which is busy studying the methodology, I will advise you not to check the price of the market that much because it may by chance affect your investment cause it usually leads to FUD when the market poses the momentum you're not sure of and even if you're day trader spending much time on trading is not good.
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Mahanton
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August 08, 2019, 09:31:57 PM |
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What about you, how often do you check crypto prices?
Once in a while but I cant put up numbers on how many times on a particular day because it depends on if there are hanging positions ive been rechecking on. When I'm on PC then I do check with CMC and preev with btc and alts prices.When I'm on mobile I do make use of blockfolio and other related track apps. I estimate when I'm mobile when it comes to checking it would be 10-15x per day.
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1982dre
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August 08, 2019, 09:32:06 PM |
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When I was trading I had some app in my phone with the actual prices and I checked them every hour or so. Nowadays I am just checking once a day the bitcoin price. Don't even check the altcoins anymore.
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reality18
Member
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Activity: 938
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Earn more with Earn Network
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August 09, 2019, 03:20:07 AM |
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Daily,
Cryptos are undeniably the most volatile markets in the world right now, and with 24 / 7 trading, action always goes on.
Great! There is no doubts that you're a day trader because it is necessary for all day traders to follow the market trend each moment that passes in order to stay on track, thus to be able to know when to buy, how long to hold and when to sell to make the profit as the price dips and rises in small percentages.
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Samboo
Member
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Activity: 434
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www.thegeomadao.com
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August 09, 2019, 07:49:15 AM |
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I do check prices of my coins almost every two hours alternatively a day. I get used to cryptocurrency so much that I cannot stay away from checking price of coins and reading news relating to cryptocurrency. I also search on the internet for good crypto projects offering bounty campaigns so as to participate.
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sjbi
Member
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Activity: 770
Merit: 14
www.thegeomadao.com
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August 09, 2019, 08:23:01 AM |
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It depends on my schedule. If I am busy with my work, I won't have time to check the market for as long as three or four days. But generally I check price of the coins I have been holding every single day. As I am a crypto enthusiast, I always want to get updated about cryptocurrency as long as my time allows me.
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