Because I am a typical holder and don't make trading decisions very often, I rarely check market conditions. Initially, I often checked Bitcoin market conditions, but because there was never any impact or no action, I reduced my intensity in checking market conditions. I don't check the market, it doesn't mean I don't care about my assets, but this is also my strategy to be a little less emotional when there is FUD or when the market is correcting.
From my previous experience, my decisions are always messy because emotions are still involved. And my previous evaluation was to start using reason and mathematics to make decisions, rather than using emotion and heart.
Well, I believe that checking the market status and especially the account has become a habit of many investors. There are many reasons for this, but it usually comes from the fact that investors are not experienced enough, do not know how to handle risks with OCO + Stop-loss orders or set alerts on market monitoring applications. They also often worry and need to see the price chart to feel like they are monitoring and not missing any investment or profit-taking opportunities in the market.
I also do not encourage this behavior, as constantly checking the market can be time-consuming, reduce concentration on daily work and is also useless for objective market fluctuations, it is only harmful to investment psychology. Long-term investors do not need to constantly check daily fluctuations, professional investors do not need to stop orders manually.