
I will just go straight to the point, the image I posted above is an example of price alerts that exchanges send to their customers. To some persons it might be considered as mere price updates but to some persons it could be more than that.
Personally this price alerts have prompted me to disable my notifications on my exchange before but then I consider the fact that I won’t be able to receive other notifications so I enabled it back. But here is the reason I disabled it, each time this message pops up, there is this part of me that always draws my attention to my holding and sometimes I’m just tempted to check the effect of the price changes on my portfolio .
Irrespective of the fact that our investment goal is long term, I believe constant reminder of price changes like this with other factors can rewire the mind of an investor to panic, even when he has initially built a strong foundation. The truth remains that nobody is too strong or too disciplined to not compromise, they just need life to play some tricks one them and this kind of messages popping up all the time.