ubercool
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December 16, 2019, 05:22:54 PM |
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I feel you bro, I used to check my wallet every hour and now, I don't even see twice a week. It's a sad feeling to see and remember those days. I strictly check the rates of coin which I wish to trade, no wallet balance. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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dunfida
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December 16, 2019, 10:37:25 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. Once in a week is considerable but there were fellas who are too paranoid when it comes to coin security where they do check out everynow and then. I might able to understand if you are short trader or daytrader but if you are just simply a hodler? Then its not really that necessary same as i said earlier. Funny to think that even this simple acts is considered addictive on some.
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tungaqhd
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December 19, 2019, 12:01:37 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 don't want to check my wallet in these days because i don't want to see my money faded away ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) , it makes me worried. However i often check coinmarketcap twice a day to update the price and waiting for selling time.
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Xxmodded
Sr. Member
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SOL.BIOKRIPT.COM
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December 19, 2019, 01:32:40 PM |
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Have been two weeks I am not viewing my bitcoin account balance because I think is waste my time with bitcoin and altcoin still with lower price, I keep close all my wallet because I think price is keep lower and waiting when bitcoin and altcoin up again for opening my wallet, I keep hold and patient waiting for when crypto have higher price and increase my assets again.
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TRONTON
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December 19, 2019, 02:15:44 PM |
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Have been two weeks I am not viewing my bitcoin account balance because I think is waste my time with bitcoin and altcoin still with lower price, I keep close all my wallet because I think price is keep lower and waiting when bitcoin and altcoin up again for opening my wallet, I keep hold and patient waiting for when crypto have higher price and increase my assets again.
I also do not check balances directly, only occasionally see the price of bitcoin through the application. But bitcoin today is much better than yesterday and back in the $ 7k area, I will return to active trading if bitcoin returns strong in the $ 9k area I am a little different from you because I have converted half of it into pax when it was still at $ 10k, the possibility of falling prices will still occur until the Christmas celebration ends.
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pawanjain
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December 19, 2019, 05:19:19 PM |
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What's the use of looking at your wallet when you know what you are trading and how much gains you are having in your trades. Looking at your wallet won't increase your profits but will surely make you worry from time to time. Be patient and just go with the flow and carry on with your trades as long as you are gaining profits from it.
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CarnagexD
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December 20, 2019, 02:17:10 PM |
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What's the use of looking at your wallet when you know what you are trading and how much gains you are having in your trades. Looking at your wallet won't increase your profits but will surely make you worry from time to time.
I just want to emphasize this one since a lot of traders this day has this habit of monitoring their portfolio from time to time making them confuse on the situation they get into since the market is very volatile. Instead of monitoring your portfolio, I advice to do market analysis (TA) from an hour interval so you'll have the vision on what can possibly happen next. Be patient and just go with the flow and carry on with your trades as long as you are gaining profits from it.
Some people takes trading very seriously which in fact it should not be treated that way. I must agree on you with go with the flow and tides of the market.
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TheUltraElite
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So anyway, I applied as a merit source :)
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January 06, 2020, 10:46:54 AM |
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What's the use of looking at your wallet when you know what you are trading and how much gains you are having in your trades. This happens when you have a big portfolio, maybe some of which were bought by fake pumps making the person greedy to buy them. These types of people do exist and it is the reason why ICOs which turned useless have been existing and still continue to raise money in the name of another ICO/IEO or something. Looking at your wallet won't increase your profits but will surely make you worry from time to time. It only increases the mental trauma. If the person is confident of their coins to go up then there is no need to check them everyday but only when ordering a trade of buy/sell. You need to have nerves of steel to remain alive in this market which is way more risky than stocks or commodities. But I am sure this type of practice is not going to help anyone.
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Mahanton
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January 06, 2020, 03:26:48 PM |
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Looking at your wallet won't increase your profits but will surely make you worry from time to time. It only increases the mental trauma. If the person is confident of their coins to go up then there is no need to check them everyday but only when ordering a trade of buy/sell. You need to have nerves of steel to remain alive in this market which is way more risky than stocks or commodities. But I am sure this type of practice is not going to help anyone. I can somehow relate to this kind of situation where it do really increase mental stress or trauma yet you do know that you've been holding something that might possibly pump anytime. You would really have that in mind that you shouldnt missed that time thats why you would always think for you to check from time to time because of that reason. for having smaller portfolios then this kind of behavior is less.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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FLoving
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January 06, 2020, 03:55:56 PM |
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What's the use of looking at your wallet when you know what you are trading and how much gains you are having in your trades. Looking at your wallet won't increase your profits but will surely make you worry from time to time. Be patient and just go with the flow and carry on with your trades as long as you are gaining profits from it.
Looking at the wallets definitely do not increase the amount of anyone portfolio but it is the habit of people to see that what changes occurred in the time interval because of the changes of the prices of the coins they hold especially those people who have different coins in an exchange as there they find the estimate value in USD of all of their coins. This habit give satisfaction to the holders a little bit when they see a little increase in their portfolio.
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StephenieDuong
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January 07, 2020, 01:00:45 PM |
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Yeah, i used to check my wallet lots of times a day and when downtrend happen its make me so annoy. I was sad for a long time and currently i have accepted the fact that i had lost. In these day, i'm looking to buy 1-3 potential altcoins with the rest of my balance and keep those in my wallet without checking everyday. I feel happier when do this and hope it will pay off in next uptrend.
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Williams_Leo
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January 07, 2020, 02:29:36 PM |
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Yeah, i used to check my wallet lots of times a day and when downtrend happen its make me so annoy. I was sad for a long time and currently i have accepted the fact that i had lost. In these day, i'm looking to buy 1-3 potential altcoins with the rest of my balance and keep those in my wallet without checking everyday. I feel happier when do this and hope it will pay off in next uptrend.
Experienced and have a lot of discomfort when constantly checking our wallets in times of market crisis but I am forced to continue facing this crisis directly, instead of not continuing to watch because winning and losing on trading is something we need to feel, face, accept and then stand up, maybe we will be sad today but smile in the future. As long as we can go through this intense wave like you are doing, we will have many opportunities to recover the losses.
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Xxmodded
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January 07, 2020, 04:12:16 PM |
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Yeah, i used to check my wallet lots of times a day and when downtrend happen its make me so annoy. I was sad for a long time and currently i have accepted the fact that i had lost. In these day, i'm looking to buy 1-3 potential altcoins with the rest of my balance and keep those in my wallet without checking everyday. I feel happier when do this and hope it will pay off in next uptrend.
Experienced and have a lot of discomfort when constantly checking our wallets in times of market crisis but I am forced to continue facing this crisis directly, instead of not continuing to watch because winning and losing on trading is something we need to feel, face, accept and then stand up, maybe we will be sad today but smile in the future. As long as we can go through this intense wave like you are doing, we will have many opportunities to recover the losses. The same way what happen whit me after holding many assets in my wallet and exchange account, last two year maybe when I check with my assets have higher amount but when looking my assets today look frustrated and have lower price, its risk whit investing on bitcoin and altcoin then become usually when you have been in bitcoin and altcoin trading later.
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Assface16678
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January 08, 2020, 12:45:24 AM |
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Yeah, i used to check my wallet lots of times a day and when downtrend happen its make me so annoy. I was sad for a long time and currently i have accepted the fact that i had lost. In these day, i'm looking to buy 1-3 potential altcoins with the rest of my balance and keep those in my wallet without checking everyday. I feel happier when do this and hope it will pay off in next uptrend.
Experienced and have a lot of discomfort when constantly checking our wallets in times of market crisis but I am forced to continue facing this crisis directly, instead of not continuing to watch because winning and losing on trading is something we need to feel, face, accept and then stand up, maybe we will be sad today but smile in the future. As long as we can go through this intense wave like you are doing, we will have many opportunities to recover the losses. The same way what happen whit me after holding many assets in my wallet and exchange account, last two year maybe when I check with my assets have higher amount but when looking my assets today look frustrated and have lower price, its risk whit investing on bitcoin and altcoin then become usually when you have been in bitcoin and altcoin trading later. Before I always check my wallet because to view my activities to make sure no intruder is trying to steal my information and my money this is a suitable method too for securing my balance. When the price of the bitcoin goes down, I did not check my cryptocurrency wallet recent recently because I know how to read the graph and also see the price chart. Now the price of the bitcoin goes up, and this is the time always to check my money because to monitor when do I need to pull out my money.
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zeze18
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January 08, 2020, 01:12:43 AM |
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I'm not checking my wallet, i just opened my wallet when i want to make transaction with my wallet. Because i've always listed everything in my wallet on blockfolio and it could cover it all. So i don't need to check my wallet everytime instead of just opening of my blockfolio apps and it will summarize all of our assets
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Rodeo02
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January 08, 2020, 02:00:58 AM |
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I feel you bro, I used to check my wallet every hour and now, I don't even see twice a week. It's a sad feeling to see and remember those days. I strictly check the rates of coin which I wish to trade, no wallet balance. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) not for me i only check value of my holdings . If they increase or not i only check my wallet if theres a new balance i am waiting to recieve . But honestly for the wallet no unless there something i need to like cashout to fiat top up and many other reasons.
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Barbarian
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January 08, 2020, 04:33:46 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?
I had not checked my wallet in months but I did it today and I found myself with the surprise that bitcoin is going up in price at an amazing speed, this was a pleasant surprise, I really believed 2020 would be like 2018 and this was very discouraging for me because 2018 was such a difficult year for me but this growth may seem to indicate that I have been wrong and this year could be like 2017 and we could see an amazing bull run especially after the halving.
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Gladiator25
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January 08, 2020, 06:23:22 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?
I chekced them usually once a day because in my principle it's a good practice the be hands on to your investment regardless if your target price is too far to get reached already. Another reason why I can't leave my account unvisited for a long period of time is that I get tempted to check if it's still there of course it's a huge money for me and you can't take away that worry from me. Besides, it's not that difficult to check it as you may use portfolio platforms such as Blackfolio which is very easy to open via smartphone.
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bohr
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January 24, 2020, 02:32:08 PM |
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I'm not checking my wallet, i just opened my wallet when i want to make transaction with my wallet. Because i've always listed everything in my wallet on blockfolio and it could cover it all. So i don't need to check my wallet everytime instead of just opening of my blockfolio apps and it will summarize all of our assets
You are taking the question in a literal way when people ask you if you are checking your wallet they are saying if you are checking your holdings, and unfortunately as I became a trader I cannot avoid checking my holdings almost obsessively, I know it does not make a lot of sense but since I became a trader I cannot stop looking at it after I see a small movement of the price and during the next days I will try to only look at my holdings once a day so I can get rid of that habit.
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