SquallLeonhart
Legendary
Offline
Activity: 2408
Merit: 1102
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 12, 2019, 04:32:06 PM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
From a very long time now, I cannot remember when last that I checked my altcoin wallet because I have already given up on those coins that I have thee because the times that I have checked them, I could not really believe the amount of money that I am seeing all my investment drop to. It is so much discouraging that I feel like just throwing away the wallet key, but it dawn on me that there was once a time in bitcoin time too when people felt this way and some gave up on bitcoin to the extent of even throwing their coins away, now this day, they are seriously regretting their action now, so I would not want same thing to happen to me in future again. So, I just left them there till the time that I will hear that altcoin bull run have started, but for now, I am only monitoring my bitcoin wallet.
|
|
|
|
DeathProxy
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2019, 07:09:36 AM |
|
Checking your wallet every now and then can be worrisome and strenuous whsn you can easily monitor the price of your respective token through coinmarket cap or using price notification application like blockfolio to constantly monitor the price of your token without necessarily heaving to check your wallet at all times. Crypto market has not been so rosy this year many are disappointed with the outcome and failed predictions and price speculations but in all just hold on to your tokens their price will rise again
|
|
|
|
Beparanf
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2019, 01:56:00 PM |
|
Checking your wallet every now and then can be worrisome and strenuous whsn you can easily monitor the price of your respective token through coinmarket cap or using price notification application like blockfolio to constantly monitor the price of your token without necessarily heaving to check your wallet at all times. Crypto market has not been so rosy this year many are disappointed with the outcome and failed predictions and price speculations but in all just hold on to your tokens their price will rise again
This year I only check my wallet about 2 to 3 times only, it's frustrating to check especially when it's about half or more than half left in what 2017 looks to what it is now. But in the end it's still our choice what to do, check the projects if still updated and still have chance to increase or stop holding it thru trading if the team is not longer handling it properly.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
daarul50
Legendary
Offline
Activity: 1596
Merit: 1034
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2019, 03:06:52 PM |
|
-snip- The more you check your wallet the more paranoid you will become about your money and the more stress will come into your system making you sick. ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) It is important to maintain a healthy mindset when trading or investing. The market has been bad for many people, agreed. But dont let that have a bad toll on your body. This cycle of anxiety of seeing your wallet and the depression that follows on seeing your coins do bad should be avoided. Maybe take a break from the market for some months? PS: Move this to "Trading Discussion", if that is the topic discussion you meant it to be. that is correct , you will tempted to take a big risk looking for quick profit elsewhere. what i mean is that there is no harm indeed to keep looking at your portofolio continuously hoping for something big happened spontaneously but if you rethink about that , are you sure aware about the basic investment and or trading itself that at some point there is a stagnation moment where your funds will going nowhere but sitting there at the same value for long period. if you do aware about this , you will ignore to checking your portofolio relentlessly and simply putting an alarm on certain price. i do setting an alarm on coinmarcetcap in case coin A dropped xx% or coin B move up xx% , you will feel better doing this.
|
|
|
|
jazmuzika217
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 476
Merit: 12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2019, 03:16:47 PM |
|
Yes you are right and I fee you everytime I checked my digital wallet I'm always disappointed to the coin that I invested. Sometimes I want to accept the fact that I am wrong to trust and invest on that coin and there is also a time that I want to encash it and accept the loss but I give more patience and hoping for another price increase even a break even I will accept it.
|
|
|
|
topbitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2019, 04:21:40 PM |
|
Yes you are right and I fee you everytime I checked my digital wallet I'm always disappointed to the coin that I invested. Sometimes I want to accept the fact that I am wrong to trust and invest on that coin and there is also a time that I want to encash it and accept the loss but I give more patience and hoping for another price increase even a break even I will accept it.
Maybe that is why some people at here said that they are not much see their wallet. Because maybe a lot of bad affect can come more than good affect in bear trend like this when we see our wallet. And more than sad, worse thing you might be want to sell your assets and take the loss because can't wait longer.
|
|
|
|
adroitful_one
Legendary
Offline
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 18, 2019, 03:14:34 PM |
|
Yes you are right and I fee you everytime I checked my digital wallet I'm always disappointed to the coin that I invested. Sometimes I want to accept the fact that I am wrong to trust and invest on that coin and there is also a time that I want to encash it and accept the loss but I give more patience and hoping for another price increase even a break even I will accept it.
Maybe that is why some people at here said that they are not much see their wallet. Because maybe a lot of bad affect can come more than good affect in bear trend like this when we see our wallet. And more than sad, worse thing you might be want to sell your assets and take the loss because can't wait longer. This is correct, that is the reason I try not to look at it every five minutes. It will lead to you wanting to cut losses and panic sell whatever token or coin you're holding. It's not a good idea to do that. Just hold onto it for a little while longer and you'll more than likely be in profit again. Checking it too often not only stresses you out, but ends up costing you money.
|
|
|
|
Quidat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 18, 2019, 03:35:47 PM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
Same situation where i do already get tired on checking out my wallet everytime yet ive known that ive been holding btc majority of my port yet i already converted out my alts to btc for 80% and had some 20% left on alts on my wallet. Since the market is on sideways and doesnt have some significant rise up then thats the main reason that checking every now and then isnt really that necessary.
|
|
|
|
jets567
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 18, 2019, 04:28:50 PM |
|
I only check my wallet once or twice a week using blockchain explorer to see if my coins are safe but I am updated on the news, development, partnership and price movement of the coin I hold. The market is still in a bad condition so there is no point on checking my wallet everyday but I'm very positive that the day will come when market become bullish again.
|
|
|
|
its-a-me-mario
Jr. Member
Offline
Activity: 88
Merit: 9
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 18, 2019, 05:56:47 PM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
Well most good trading strategies will involve exit prices, you shouldn't be holding onto your coins if they're dropping below your target price. Use stop-loss orders to ensure that if the price goes below a certain threshold you can exit your position and convert it to cash or a stablecoin until you're happy with the state of the market again. Selling at a 10% loss then buying back in when you think its near the bottom is better than holding through a 50% loss.
|
|
|
|
TheUltraElite
Legendary
Offline
Activity: 2982
Merit: 1312
So anyway, I applied as a merit source :)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 28, 2019, 06:50:04 AM |
|
Many pretend to be very comfortable with the status quo, no matter our specialization be it, as mojor investor or trader. People find ways to keep themselves off the trading habit by indulging in other work too. Not everyone is a full-time crypto trader here. They also trade stocks, shares, commodities, metals and so on. Many of us are into other alternatives income methods and even other have a day job to look after. Taking a short break from trading is productive and that is the reason why a weekend exists after a week. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) One will get bored when it is going one way. Only for those who are wealthy enough and have many other sources of income will careless about this dump People who are wealthy enough will not be taking risk with their wealth unless they have some insurance over a loss. For bitcoin that does not exist. So they are more likely to not invest. As for whales of bitcoin, they pump and dump and then go silent. They are least bothered about the current price. They will take into advantage any price that exists.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
Congyang
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 28, 2019, 08:12:58 AM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
many people also do the same thing. I can even reach 1 week without opening a wallet. why should I do this? because it is useless to see the condition of the wallet but the price does not increase, this will only make disappointment.
|
|
|
|
Cherylstar86
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 28, 2019, 11:58:36 AM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
Same situation where i do already get tired on checking out my wallet everytime yet ive known that ive been holding btc majority of my port yet i already converted out my alts to btc for 80% and had some 20% left on alts on my wallet. Since the market is on sideways and doesnt have some significant rise up then thats the main reason that checking every now and then isnt really that necessary. Each of us are hoping and expect some tremendous pump on the different coins that we hold but unfortunately during the time we check it doesn't pump and in the worst case it's value getting low. Well, being part here is just to try our risk but somehow we just try it and nobody knows what will be come on the next days that might have a tremendous increase having a possible huge amount of profit someday.
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
![](https://bitcointalk.org/Themes/custom1/images/post/wireless.gif) |
November 28, 2019, 01:50:51 PM |
|
Now I think about it I haven't checked my main bitcoin wallet for about two years. Not even sure how much is in there. I'd better see if it's still there.
There are also a couple of alts I haven't bothered looking at for well over two years. A few could well be officially dead. Can't be bothered to check those.
|
|
|
|
kanayaTabitha
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 28, 2019, 02:21:26 PM |
|
You don't need to do that, not unless you're a day trader, you can just see the price of the asset you have on CMC or just see the current situation of the market which is a little bit green for alts but a bit unfortunate for BTC.
it's hard to totals the assets that we have if we hold more than 5 or 10 assets in one trade. We should have a portofolio controlled application like the famous one blockfolio that we can download from playstore which can help us to manage our trades and portofolio in structure.
|
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2019, 06:02:39 PM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
When it comes to the markets most of the time I cannot be a single day without checking the price of the coins in which I'm interested, but when it comes my wallet I only check it once a week, this has nothing to do with my confidence in my investments it has to do with the fact that I do not trust in hackers and I want to see that my holdings are safe, fortunately for me this has been the case for many years so it is almost a waste of time but I'm willing to waste it just to make sure that my coins are still there.
|
|
|
|
gabbie2010
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2019, 08:35:10 PM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
many people also do the same thing. I can even reach 1 week without opening a wallet. why should I do this? because it is useless to see the condition of the wallet but the price does not increase, this will only make disappointment. I only checked the price of cryptos via blackfolio maybe thrice daily I never bothered to check my wallet as you rightly said its doesn't add anything if the price of that particular coin dumps definitely I would be sad and disappointed then but now I am unperturbed because I am very sure the price would recover whenever it dump.
|
|
|
|
john_nautica
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2019, 05:28:54 PM |
|
for what often sees a wallet, I think only traders are entitled to do that because they work every day and the profits that go in and out of their wallets are always every day. so you can use your time for more important things than checking your wallet more often
|
|
|
|
dunfida
Legendary
Offline
Activity: 3192
Merit: 1147
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2019, 05:32:41 PM |
|
It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
many people also do the same thing. I can even reach 1 week without opening a wallet. why should I do this? because it is useless to see the condition of the wallet but the price does not increase, this will only make disappointment. I only checked the price of cryptos via blackfolio maybe thrice daily I never bothered to check my wallet as you rightly said its doesn't add anything if the price of that particular coin dumps definitely I would be sad and disappointed then but now I am unperturbed because I am very sure the price would recover whenever it dump. Feeling of being disappointed is just a normal stuff for those people who have been holding some coins and btc into their own wallet.Due to current market condition,it cant really be avoided for you to be stressed out to see a tanking or moving sideways of your holdings. The feeling of got worried that the market might go even more lower is always there thats why its a stressful thing even if you do just hold and waiting and hoping for the market to become bullish. When it comes to checking to my wallet.Im not doing it on daily basis yet i do check it only when i saw theres a big movement on the entire market.
|
|
|
|
sana54210
Legendary
Offline
Activity: 3262
Merit: 1128
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 05, 2019, 06:10:11 AM |
|
Most time like thrice a week, i'm sure i am not alone in this condition, how about you?
I'm on this same table, I hardly check my wallet these days because of the price that has been down. But since we got into this December I have been checking it out regularly, like once every two or three days and there are times I will check it more than that. The money I have in my wallet is not something I should be worried about, I'm very much ready to take the risk this time around. I don't know if the price will go up or not, I no longer have time for all these billionaires or whatever they call themselves that are always saying things that are not true. If the price goes up I'm good, and if it doesn't I'm still good. The more you check your wallet the more paranoid you will become about your money and the more stress will come into your system making you sick
That must be a fact. When I kept checking my wallet, it pushed me to be aggressive toward hunting more money in short time period which eventually leading to make myself as an addicted gambler. Yes, when being aggressive, you may choose whatever opportunities in front of you rather than being selective on options.
|
|
|
|
|