How some information affect our subconscious mind

[Inior]

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.

[Ashawowo(OS)]

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.

If the price update gets you emotional, there's an option to disable it in your exchange notification settings, see here my ByBIT for example

You can decide what you see in the notification panel and what you don't by simply unchecking the associated checkbox. If disabling it helps you remain focused, less emotionally triggered and committed to the long-term holding, use it to your convenience.

[Livingleged]

If disabling it helps you remain focused, less emotionally triggered and committed to the long-term holding, use it to your convenience.

Yea frequently receiving notifications about price action can actually disrupt one’s plan on their bitcoin investment, most especially if they are beginners that gets emotional after a drop. However, if your worry is about other important notifications, and you careless about the price, then there is a place to set that from the exchange notification settings. You will enable what and what you want to be notified about just like Ashawowo have said.

I personally don’t like receiving notifications on the price update that why I disable it a very long time ago.

[Queen Julie]

The way notifications about Bitcoin price affect us differently is an example of how we can tolerate volatility. In my case, switching off the notification will do nothing because I have a friend that act as a notification. He is active in alerting me on WhatsApp about how the Bitcoin market is moving. A very optimistic fellow, and it's impossible to get rid of him 

~snip

Perhaps you missed the part where he said he disabled it. Is there any need to show him how to when he already knows?
And what's it with the huge image? Fix the size

[Saltysugar99]

I get notifications on my phone. But I haven't tried to turn them off. Rather, I don't have to check the price repeatedly , I get an idea of ​​the price through notifications. Now the problem is those who change their decisions after seeing the price. If the mindset can be kept strong then even checking the price of Bitcoin does not have any negative effect. I myself have been accumulating Bitcoin regularly for about a year. I get regular price notifications on my phone. I have not felt any mental instability from these so far. If DCA can be done with long-term investment decisions, then short-term price changes cannot create such a negative situation for an investor. If you control your emotions and continue investing by creating a strong backup fund, it is possible to refrain from panic selling or force selling.

[Yablee0]

Most times there are some things that are really not necessary. I know everybody may have their different reasons why they need to be notified on its price but considering it effects and how it can keep one to be constantly emotional, I don't think we need it. Moreover, If it happens to be a long term investors then what's the essence of it when you already know its disadvantage. Unless Maybe you're a trader that is only looking out for the best time to dive into the market that you think will be okay with you. Otherwise I see no reason we should always be updated about the market situation.

[Hypnotizer]

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.
~

That’s why there’s the option to turn it off (the first reply already showed you how to do that without disabling all the notifications from your exchange).

 As an investor (a long term investor) if you’re not trading or whatnot, I consider this kinda notifications worthless and you should turn it off especially for the price drops.

Btw.. as an emotional investor, you should try your possible best to avoid anything that might play with your emotions and cause FUD in your investment and constantly checking or being notified of the price is part of it.

[igebotz]

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.

If the price update gets you emotional, there's an option to disable it in your exchange notification settings, see here my ByBIT for example
_____
You can decide what you see in the notification panel and what you don't by simply unchecking the associated checkbox. If disabling it helps you remain focused, less emotionally triggered and committed to the long-term holding, use it to your convenience.

edit your image size, youre ruinng the thread.

i will delete my quote after your done.

[Merit.s]

You should just forget about the price whenever, the notification pops up and focus on how to buy more bitcoin. Put it in your mind that no matter the direction of the price movement, everything is fine. Only if you have invested our of FOMO or with the amount beyond your discretionary income. That's when such panic comes in. Though, it's a norm for brand new investors in the beginning of their bitcoin investment. Don't worry, you will be used to it.

     ~snip~

Your image is too big and not good in the eyes. You can reduce the size with this next time

Code:

 [img height=450]

How about now?

there's no need quoting the mod to ask again. Delete your above post.

[knowngunman]

Truth is bitter but I must tell you this. If this price notification can have much effect on you, you really should question your conviction bro.

For now, you can not go a complete day without coming across BTC price in one form or the other. So even if you don't receive it from exchange, you'll still see somewhere else even in the forum. Maybe your long term foundation is not as strong as you may think and that's why you feel panic. You obviously can not hide from the price update.

Disabling the price notification should not affect other notifications. I think they have separate settings for various notifications but that should depend on the exchange you're using.

[Doan9269]

I don't have to disable the notification I received from the exchange because they are the one that alerts me to any market price change whenever it either drops or rises, but that being said, do we actually need to be emotional when we see the market react and go more volatile in the opposite direction we expected it to? The people most affected by this kind of behavior are newbies, because I cannot be moved by market volatility when I know what to expect in either a rise or a fall at any stage.

[IceLincoln]

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.

It’s normal for a human, they say where your money is that’s where your mind will be. This thing you’re describing happens almost to every one, but where it gets important is how you react or act towards that notification awareness. An investor for the long term should position his mind not to get affected or distracted by push notifications or news or better still turn it off or forget you have an investment until it’s time to accumulate.

[Hewlet]

.. 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.

While it's true that frequent reminder of the fluctuation on bitcoin price has a way of affecting an investors resolve never to sell his asset, it's also neccesary to note that your resolve should be stronger than whatever short term market sentiment you're facing and obviously, if you're not in a time when selling his an option, it's better to avoid being swayed by the direction that bitcoin price is headed.

If you're doing DCA, at every time you're to buy your bitcoin, you will still know the price you're buying it at and so, directly or I directly, you can't do without actually knowing bitcoin price.  You can as well position your mind in a manner that price drop can only encourage you to buy at a DIP and not to sell at a loss.