South Park
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December 07, 2019, 05:08:53 PM |
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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. It makes sense to check your wallet from time to time, even if you do not see the benefit of it there is still some to have, the most important is that you will know that your coins are safe which is not a small thing in my opinion because you never know what kind of trick a scammer or a hacker could try to pull on you and just watching how the price has moved in a particular coin is not going to give you the most important information which is if you still have your coins.
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pixie85
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December 07, 2019, 08:18:42 PM |
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U always keep checking it and it never makes me sad, even during a dump. Guess why. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Because most of my investment was pre 2017 bubble which means that even if we are dumping below 5k I'm still ahead in fiat value and if you are not - fuck fiat value. 1 bitcoin equals 1 bitcoin! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Don't follow my ideas, but I can tell you that it's important to get over it and be calm whatever happens. If you allow your wallet to dictate your mood for the day you'll fall into depression.
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hahay
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December 07, 2019, 08:42:33 PM |
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Checking wallet? In fact, I have never checked a wallet like you, who seems to have to check it once a day at least, I don't think it's too important to do as long as we are sure our funds are safe in the wallet. Afterall, why do we have to check the wallet that often, are you checking it for fear of your wallet being hacked or are you checking in hopes that your funds will increase with a surprise because you might receive a gift or whatever, or maybe you are checking because maybe the coin exchange rate has increased ? Because I think if only to check the exchange rate do not have to check the wallet.
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Wend
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December 07, 2019, 10:01:03 PM |
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The dump for this year was always happen and all we do is predicting on when be increasing the price again.
Not only thrice to checked my wallet a day maybe 4 times to make sure my wallet are always safe and my coins are in there always. Actually is my habit to checked always my wallet everyday. And Ill checked also the prices of the coins that I have in my wallet if they are also increasing the price, If they have some move to increase.
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samcrypto
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December 07, 2019, 10:53:24 PM |
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U always keep checking it and it never makes me sad, even during a dump. Guess why. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Because most of my investment was pre 2017 bubble which means that even if we are dumping below 5k I'm still ahead in fiat value and if you are not - fuck fiat value. 1 bitcoin equals 1 bitcoin! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Don't follow my ideas, but I can tell you that it's important to get over it and be calm whatever happens. If you allow your wallet to dictate your mood for the day you'll fall into depression. Your mindset is important, and you are thinking well mate because you can control your emotion. I also don’t care about the current situation of my wallet, because my goal is yet to come and I have to focus more on buying. If you do check your wallet always and feel bad about it, then you must control it and you must learn how to ignore the emotion and refocus yourself on what matters the most.
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asus09
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December 08, 2019, 12:30:38 AM |
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The dump for this year was always happen and all we do is predicting on when be increasing the price again.
Not only thrice to checked my wallet a day maybe 4 times to make sure my wallet are always safe and my coins are in there always. Actually is my habit to checked always my wallet everyday. And Ill checked also the prices of the coins that I have in my wallet if they are also increasing the price, If they have some move to increase.
Before bitcoin and altcoin price dump you have ready to sell on higher price, many people keep waiting and holding their assets although have raise with higher price, then very disappointed when bitcoin and altcoin have lower price, before making the same mistake always get chance by selling your bitcoin with higher price and re investing after bitcoin have lower price.
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nicolas1979
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December 08, 2019, 04:51:52 AM |
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Yes, I did that but not because bitcoin in red zone because see changed portfolio many times can disturb me to decide what's my next step?. That's normal because everyone need profit and show off to another person that crypto is legit. Stay focus get income even not using crypto just keep trying.
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rose9696
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December 08, 2019, 07:44:22 AM |
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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?
This is also a good method to hold in long term. True holders often do this and they never want to trade, they have strong faith in the growth of certain coins. Usually 3 times a week is too much, we should only see our wallet 1 time per week. And another way for us to hold better is to determine our stop loss and the levels we can sell for profit. Determining goals will help us not to be confused.
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AniviaBtc
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December 08, 2019, 01:49:24 PM |
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I am not too often to check my wallet. If I want to check something, that will be the bitcoin price. I let my wallet like what it is, and I only check when I want to withdraw. You don't need to do that because that will makes you too busy to check your wallet, and you can forget what you need to do. Just try to stay calm and leave your wallet in that place, try it for one day, then try with another day, and so on.
Being anxious about you account wallet can bring stress to your life. It can also affect your health, lifestyle and way of living. Try to record all your transactions for you to be able to monitor your activities to your account. If you're being anxious, try to stay calm and be comfortable on the security of your account. Practice entertaining yourself and avoid always checking your account. I know that it is normal to check your account but if there's nothing wrong, don't panic stay calm. Make sure that you talk to your friends who experience the same problem as you and seek help to your friends.
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ice18
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December 08, 2019, 02:32:51 PM |
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Wayback in the middle of 2017 prior to bull run thing the first thing I usually do after woke up in the morning is to check first my portfolio then I also check it in my workplace all throughout the day since my work before is mostly in front of computer and I can freely access my crypto wallets but when bear comes I almost sold all my crypto to cut future loses I just left some very promising tokens that I really trusted up to now and for now I barely checked my wallets like 2-3 times a month only.
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crossabdd
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December 09, 2019, 05:19:43 AM |
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So, what are you doing right now, I'm also doing it. I also often check my wallet. more precisely my portfolio estimation on the exchange. a falling market is tiring. and hope someday when looking at wallet, all estimates increase. but on the other hand, I also trade to amuse myself, because if I only look at the wallet, it won't change anything at this time. so I decided to trade by selling some of my coins.
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crwth
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December 09, 2019, 06:51:18 AM |
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Checking from time to time or multiple times would be dependent on how you are in your trading strategy. Imagine having a swing trading technique, and you are checking it by the minute. You certainly won't benefit from the checking of your balance, but you will get stressed when it's not going your way. That's just the reality that you will face. If you are a day trader, you are going to benefit from those daily routines, and that will suit your needs. You may be worried about your investment and to get an ease of mind, you should practice proper risk management, always.
I experienced this a couple of times when I was entirely new in trading. I was worried about what I have gotten myself into, and I was always thinking about the present time and not in the long run. That's what made me so stressed and sad because it's not going my way. I learned how to trade with all the risk management properly and stick to one technique. Hopefully, this would lead me to a more significant path to being successful.
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oktana
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December 09, 2019, 07:17:37 AM |
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if it's passive without trying to add additional assets, then you only need to set a price alarm on your smartphone.
Daily traders also don't often check their wallets because they are busy constantly rotating trading orders, if the price difference is less than $ 1000 there won't be much difference, it needs more productive things to prevent overly acute curiosity.
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gabmen
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December 09, 2019, 07:46:54 AM |
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if it's passive without trying to add additional assets, then you only need to set a price alarm on your smartphone.
Daily traders also don't often check their wallets because they are busy constantly rotating trading orders, if the price difference is less than $ 1000 there won't be much difference, it needs more productive things to prevent overly acute curiosity.
Well again this mostly applies to newbie traders who don't have enough experiences yet and get too excited with the movement in value of the coins in their wallets. The more you're in trading, the less you'll be interested in checking the value of your asset all the time. That's because you'll be more aware of it simply by checking current events and being updated with what's happening.
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Sanugarid
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December 09, 2019, 10:26:24 AM |
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if it's passive without trying to add additional assets, then you only need to set a price alarm on your smartphone.
Daily traders also don't often check their wallets because they are busy constantly rotating trading orders, if the price difference is less than $ 1000 there won't be much difference, it needs more productive things to prevent overly acute curiosity.
Well again this mostly applies to newbie traders who don't have enough experiences yet and get too excited with the movement in value of the coins in their wallets. The more you're in trading, the less you'll be interested in checking the value of your asset all the time. That's because you'll be more aware of it simply by checking current events and being updated with what's happening. Not only newbie traders but also those professionals who are anxious about there wallet. Nothing is invulnerable in terms of anxiety on your accounts. Be productive and try to circulate those trading transactions for you to work and prevent doing nothing. Because doing nothing can lead you to over think so much that can suddenly damage your mental health. Do not always check if there's no changes to your accounts. Do not think about what isn't happening in the present. Concentrate on trading for you to exercise your mind as well as earning money.
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Wend
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December 10, 2019, 10:12:48 PM |
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The dump for this year was always happen and all we do is predicting on when be increasing the price again.
Not only thrice to checked my wallet a day maybe 4 times to make sure my wallet are always safe and my coins are in there always. Actually is my habit to checked always my wallet everyday. And Ill checked also the prices of the coins that I have in my wallet if they are also increasing the price, If they have some move to increase.
Before bitcoin and altcoin price dump you have ready to sell on higher price, many people keep waiting and holding their assets although have raise with higher price, then very disappointed when bitcoin and altcoin have lower price, before making the same mistake always get chance by selling your bitcoin with higher price and re investing after bitcoin have lower price. Yes I sell them already if the price of those bitcoin and altcoins that I have is increasing to high than to hold it for so long it will be going dump if that happen. They will be disappointing if the price have go drop and then also regretting on why did not sell it on the time the high price situation. Buying lower price and selling into high price that was always doing some of us in here.
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Hypnosis00
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December 10, 2019, 10:30:32 PM |
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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?
I could say I'm one of these. But I realize that it won't make sense to check my wallet every day, it only adds disappointment to our ends when there is no improvement to our investment to see. I know it was important to regularly to check the status of our investment but I think it wasn't necessary to check it all the time if knew that there are no changes on it. What I am worried about here is to be caught FOMO that leads into out of control.
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South Park
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December 11, 2019, 06:33:27 PM |
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Checking wallet? In fact, I have never checked a wallet like you, who seems to have to check it once a day at least, I don't think it's too important to do as long as we are sure our funds are safe in the wallet. Afterall, why do we have to check the wallet that often, are you checking it for fear of your wallet being hacked or are you checking in hopes that your funds will increase with a surprise because you might receive a gift or whatever, or maybe you are checking because maybe the coin exchange rate has increased ? Because I think if only to check the exchange rate do not have to check the wallet.
If for you it is not worth to check your wallet from time to time that is fine, but people like myself do it not because I expect that somehow my holdings are going to increase I do it just to make sure that my coins are still there, maybe I'm too paranoid but there have been several cases in the forum about people that believed they had a huge stash of coins, and when those coins began to go up in value they thought they will become rich only to discover that those coins have been stolen weeks ago.
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dunfida
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December 11, 2019, 07:00:50 PM |
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Checking wallet? In fact, I have never checked a wallet like you, who seems to have to check it once a day at least, I don't think it's too important to do as long as we are sure our funds are safe in the wallet. Afterall, why do we have to check the wallet that often, are you checking it for fear of your wallet being hacked or are you checking in hopes that your funds will increase with a surprise because you might receive a gift or whatever, or maybe you are checking because maybe the coin exchange rate has increased ? Because I think if only to check the exchange rate do not have to check the wallet.
If for you it is not worth to check your wallet from time to time that is fine, but people like myself do it not because I expect that somehow my holdings are going to increase I do it just to make sure that my coins are still there, maybe I'm too paranoid but there have been several cases in the forum about people that believed they had a huge stash of coins, and when those coins began to go up in value they thought they will become rich only to discover that those coins have been stolen weeks ago. Actually i do have that kind of behavior where i dont usually try to check about my profits or increase with my coins in stash but rather im just checking it out if those coins are still intact or not. It isnt necessary though to open your wallet everytime yet you can check out the certain address. Some are too keen on their wallet neither into these two possible reasons.It isnt bad though but its a stressful thing if you do actively check every now and then.
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South Park
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December 16, 2019, 05:06:41 PM |
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Checking wallet? In fact, I have never checked a wallet like you, who seems to have to check it once a day at least, I don't think it's too important to do as long as we are sure our funds are safe in the wallet. Afterall, why do we have to check the wallet that often, are you checking it for fear of your wallet being hacked or are you checking in hopes that your funds will increase with a surprise because you might receive a gift or whatever, or maybe you are checking because maybe the coin exchange rate has increased ? Because I think if only to check the exchange rate do not have to check the wallet.
If for you it is not worth to check your wallet from time to time that is fine, but people like myself do it not because I expect that somehow my holdings are going to increase I do it just to make sure that my coins are still there, maybe I'm too paranoid but there have been several cases in the forum about people that believed they had a huge stash of coins, and when those coins began to go up in value they thought they will become rich only to discover that those coins have been stolen weeks ago. Actually i do have that kind of behavior where i dont usually try to check about my profits or increase with my coins in stash but rather im just checking it out if those coins are still intact or not. It isnt necessary though to open your wallet everytime yet you can check out the certain address. Some are too keen on their wallet neither into these two possible reasons.It isnt bad though but its a stressful thing if you do actively check every now and then. As long as you have the address in which you have your coins then you can use one of the many blockchain explorers that are on the Internet, that way to do not have to access your wallet to see if your money still there, personally I do not do this every day because I think that is a waste of time but I still do it once a week because I think it is important to take the security of my coins seriously and if that means taking a few minutes out of my life once a week I'm willing to do it.
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