A check on your wallet on daily basis can earn you some dollar

[Sovannar Sangha]

It is really risky. Your wallet can receive honeypot scam tokens.

You can verify those tokens with these websites and don't interact with their smart contracts if you are unsure.
8 ways to check if it's a token scam
https://honeypot.is/
https://detecthoneypot.com/
https://github.com/dappradar/tokens-blacklist

That's right, you have to be careful with lots of honeypot patterns. if we are tempted, one or another gets dusted attcak and runs out of gas it's useless if we take a swab. That's for sure. Why should we waste our time on something unnecessary.

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[TopT3ns]

Well, just checked his performance on CMC and it really pumped to half dollars but if you checked the volume on that day it only has $85k liquidity. I think you don't need to check your wallet everyday if you know the token will do good in the long term, this one is a total shitcoin and it pose really great risks of rug pull. Their twitter has been inactive since the beginning of the year but their token just pumped this May of 2023.

The way CoinMarketCap works sometimes means it cannot be used as the main benchmark because the possible price difference between the place of purchase and those on the CMC list is still different, causing the estimated value of assets owned to sometimes not match the calculations. When looking at performance, it shows extraordinary progress from the start of the creation of CMC until now, when they have always developed to be the best.

[kamvreto]

It is really risky. Your wallet can receive honeypot scam tokens.

You can verify those tokens with these websites and don't interact with their smart contracts if you are unsure.
8 ways to check if it's a token scam
https://honeypot.is/
https://detecthoneypot.com/
https://github.com/dappradar/tokens-blacklist

That's right, you have to be careful with lots of honeypot patterns. if we are tempted, one or another gets dusted attcak and runs out of gas it's useless if we take a swab. That's for sure. Why should we waste our time on something unnecessary.

Many have been hit by dusting attacks like that. interact with scam websites and get hit by dusting attacks or some of the new hacking methods nowadays, namely drained wallet, so all the tokens in your wallet can be stolen easily.

Well, just checked his performance on CMC and it really pumped to half dollars but if you checked the volume on that day it only has $85k liquidity. I think you don't need to check your wallet everyday if you know the token will do good in the long term, this one is a total shitcoin and it pose really great risks of rug pull. Their twitter has been inactive since the beginning of the year but their token just pumped this May of 2023.

The way CoinMarketCap works sometimes means it cannot be used as the main benchmark because the possible price difference between the place of purchase and those on the CMC list is still different, causing the estimated value of assets owned to sometimes not match the calculations. When looking at performance, it shows extraordinary progress from the start of the creation of CMC until now, when they have always developed to be the best.

When you first look at CMC, sometimes there are errors or a mismatch between the Token price on CMC and the original price. Many of the shitcoins that I have checked on CMC reach thousands of dollars, but it's just a fake pump and the volume stays at zero and the shitcoins are worthless. and looking at the shitcoin information on CMC there are several lists of Exchange Listings and it actually doesn't have any volume and sometimes the names of some coins are the same. The development of CMC has been amazing and now several updates have made CMC more accurate and it is very rare for price or other mismatches to occur.

[Stable090]

I'm used to the habit of not checking my wallet for days especially when am not expecting any coin or token from anywhere even though I have some token on the wallet. Recently I just check the wallet after been abandon for days and I observed this with this token.

If you are a trader you have to always check your wallet to know the situation of the coin you are trading, and if you are expecting a coin, then you have to check if  it has entered or not. If you are holding shit coin or altcoin, then the magic that happened in the picture that you uploaded can happen, but if you are holding bitcoin I don’t believe something like that can happen.

CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.

Nothing is wrong with checking of wallet on a daily, but I don’t do that because I always end up making silly mistakes, it has happened to me multiple times before, am always having intention of holding my coin for long term, but if I keep on checking my wallet always and I see any little increase in a coins price I will always end up selling it and I will keep on waiting for it to come back to my entry price so that I can buy back, but most times it those not come back to those prices that’s why I don’t like checking my wallet always.

If I can buy my bitcoin to hold, then the only time I don open my wallet to check the bitcoin is whenever am having money and I want to top the bitcoin, but if am not going to do that, then I won’t open my wallet always.

[Heulahee]

That's a good one, I'm also checking my wallet at bscscan and etherscan because I had done many bounties and also I'm doing airdrops for which I was in search of the received amount every time haha. And mostly I checked for the previous bounties that I had did a long time ago, its my habit actually.

[albon]

This token has done 3883217% in some days without me observing at all. Even though this was a rug pull but let assume it real that is how I'm going to miss out the great opportunity.

CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.

Yes, I knew it was a rug-pull currency. The scam currency team manipulates liquidity and creates a fake pump. Not all currencies in our wallets are legitimate, as there are many scam currencies and rug pulls, so before the owner of the wallet tries to sell them or buy more amounts of them (under the illusion that it is an excellent opportunity and it will be achieved for him profits), He must do his research first before making any decision. The point is that each of us reviews his wallet daily, as it is a semi-good idea. Through Coinmarketcap or Coingecko, we can use the Watchlists feature for the favorite currencies that we invested in order to be constantly informed of their market prices and everything related to them, without the matter being manual and without paying any attention to any scam currencies in our wallets.

[wheelz1200]

That can be deceiving from just a glance.   There are some cases where a coin will have no volume and people go in and buy a dollars worth at such a high cost to give this impression of a spike when in fact its just that, manipulation.  Nothing goes that high that quick at mass volume.

[South Park]

I'm used to the habit of not checking my wallet for days especially when am not expecting any coin or token from anywhere even though I have some token on the wallet. Recently I just check the wallet after been abandon for days and I observed this with this token.


This token has done 3883217% in some days without me observing at all. Even though this was a rug pull but let assume it real that is how I'm going to miss out the great opportunity.


CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.

It depends on the type of coins you are holding, if you are only holding bitcoin and other similar strong coins then even if you do not check your wallet daily you will find out they went through a spike just by reading some news or this forum, however if we are talking about some obscure token then it would be a better idea for you to create some alerts in the case the token you bought goes though a major price variation, and in this way you will save yourself the effort of checking your tokens for months while nothing happens during that period of time.

[bitkanu]

honestly i've seen so many attempt of scam through sending some random coins that have humongous value, this time maybe you're lucky next time if you're not careful you might get scammed.
the risk is not worth it honestly.

[JeffBrad12]

too much of a rare occurrence to be that significant, honestly checking on daily basis seems like massive waste of time for coin that doesn't even guaranteed to increase even after a decades in.
you just better off focused on investing on other coin at this point since the other might just be far better than just waiting something thats not even guaranteed.
moreover if you want a simple way you could just use some tools to watch your coin price increase.

That can be deceiving from just a glance.   There are some cases where a coin will have no volume and people go in and buy a dollars worth at such a high cost to give this impression of a spike when in fact its just that, manipulation.  Nothing goes that high that quick at mass volume.

this is also one of the reason why this is such futile attempt and waste of time, too much manipulation that instead of allowing us to earn some profits it will steal our money instead.

[Roma66]

This is great one.i always check my wallet.Bsc scan,ether scan & polygon scan.Some time I received some payment because long time ago I complete some bounty.So I always check my wallet & received my some payment.

[Dessy88]

If you are a holders and traders then absolutely you should check basic everyday for your wallet. If you got profits from your investment then you can sold out then again buy dip. It's really like a profitable step but there are many people who haven’t check everytime for there wallet so that's why they can miss to sell profits abilities.

[coin-investor]

It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.

The best alternative is to create an account on Coingecko or Coinmarketcap and create your portfolio and add all the names of the coins and the amount or number of these coins and tokens all you have to do is to log in and check the percentage and see if your coins or tokens have increased in their value or there is a dip in their value, it's better than checking all your wallets, by creating your portfolio you can have an insight on how your coin performs in specific time so you can take action if it's worth retaining or dumping.

[Silberman]

If you are a holders and traders then absolutely you should check basic everyday for your wallet. If you got profits from your investment then you can sold out then again buy dip. It's really like a profitable step but there are many people who haven’t check everytime for there wallet so that's why they can miss to sell profits abilities.

A holder does not really need to check his portfolio that often, after all a holder is someone that is not only willing to hold their coins for a very long time, but they are also someone that has specifically selected the coins on his portfolio to be coins which can be held for that long, so a peak during a specific day means absolutely nothing to them, the only ones that need to check their portfolio so often are traders as they are the ones looking for those extreme variations on the price on the coins they bought.

[swogerino]

I don't need to check my wallet at all as I keep only coins listed in top 20 to top 100 in Coinmarkecap website and I only check that website,I have it as an app in my mobile phone and check it once or twice a day to see what is happening with my coins.Actually nothing it is happening with my coins as I keep pretty stable coins as these type of coins reside in top 100 of that list.

For people who hold those shitcoins they need to do a daily check yeah as the increase from such coin is much more than 100% when these coins do pretty well in some exchange that apparently starts accepting them for trading.

[goaldigger]

This is great one.i always check my wallet.Bsc scan,ether scan & polygon scan.Some time I received some payment because long time ago I complete some bounty.So I always check my wallet & received my some payment.

Its good to monitor your wallet from time to time, especially if you have the target to look forward. Don’t just hold passively since there are tokens that pumps in no time and you might loose the chance on selling it and taking profit. Even if I hold good coins in my wallet, I still monitor the price of those coins so I can know what to do next with my holdings.

[Silberman]

This is great one.i always check my wallet.Bsc scan,ether scan & polygon scan.Some time I received some payment because long time ago I complete some bounty.So I always check my wallet & received my some payment.

Its good to monitor your wallet from time to time, especially if you have the target to look forward. Don’t just hold passively since there are tokens that pumps in no time and you might loose the chance on selling it and taking profit. Even if I hold good coins in my wallet, I still monitor the price of those coins so I can know what to do next with my holdings.

I think we need to be incredibly clear with our intentions when it comes to our goals and how we want to achieve them, a holder cannot afford to buy a coin that can pump and dump, as now the biggest advantage of holding which is to buy a coin and hold it for a long time without worrying too much about the short term price suddenly disappears, only traders should buy those coins as due to the nature of their job they are already checking the markets everyday anyway.

[tvplus006]

Currently, there are many different services that allow you to track the contents of your wallet in all networks. One of these platforms is debank.com thanks to which you will always know the current balance of the monitored wallet. But despite this, it will still be difficult for you to sell the coin during a short-term pump.

[Questat]

CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.

Recently, I'd checked my wallet but no miracle happen still, it was loaded with shitcoins. So I don't have to believe that checking every day would give you some money as it never happen to me. But despite this thing still, I'm going to check it from time to time watching any of my shitcoins that have been so many years been there to at least show some changes because we know that many impossible things happen when the bull season so coming and even shitcoin could show something unusual movement. Who knows right because I have that experience in the last 2017 Bullrun.

[Silberman]

CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.

Recently, I'd checked my wallet but no miracle happen still, it was loaded with shitcoins. So I don't have to believe that checking every day would give you some money as it never happen to me. But despite this thing still, I'm going to check it from time to time watching any of my shitcoins that have been so many years been there to at least show some changes because we know that many impossible things happen when the bull season so coming and even shitcoin could show something unusual movement. Who knows right because I have that experience in the last 2017 Bullrun.

The issue with those shitcoins is that their pumps are incredibly fast, so even if you were to check your wallet on a daily basis there is no guarantee you will catch the pump, as the pump could begin and end before you have the chance to check your wallet, then it seems like a better idea to have some sort of alert system that tells you when a coin has gone up or down by a wide margin, this way you will have a chance to act immediately and try to get the most out of that movement and obtain profits that way.