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Author Topic: How often do you check on your Crytpo/Bitcoin?  (Read 4054 times)

Offline armanda90

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Re: How often do you check on your Crytpo/Bitcoin?
« Reply #75 on: May 22, 2024, 05:01:52 PM »
I have some assets holding and most active checking the crypto or bitcoin price often during active using mobile phone, whenever my position during has internet access with my mobile phone always checking bitcoin or altcoin price because many unpredictable moment exactly yesterday with ethereum price increasing almost 25%.
I think if checking price or bitcoin and altcoin not often as usually has chance miss with great moment to sell ethereum on higher price, its not take more time when checking my altcoin assets price often because just looking the portfolio assets are increasing or not before checking price of some coins have been bookmark in my exchange market list.

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Re: How often do you check on your Crytpo/Bitcoin?
« Reply #75 on: May 22, 2024, 05:01:52 PM »

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Offline joniboini

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Re: How often do you check on your Crytpo/Bitcoin?
« Reply #76 on: May 23, 2024, 04:12:18 AM »
It is a fun fact that I actually do the same. I just check my portfolio whenever I have spare time and mobile is in my hands, see changes, and do nothing about it. Dont know how explain this properly. Definitely not curiosity, because I would be checking portfolio more frequently. Definitely not a some kind of a professional approach, because I would have reacted on recent ETH 25% price growth in last 24h (just an example). I would not call it an addiction either.
Maybe you can figure out the reason if you collect more data about your habit. A quick analysis can suggest several hypotheses, such as habit, slight curiosity, etc. I wouldn't be surprised if that just becomes a habit so you don't really have any motivation to do that other than doing the same thing you've always done for comfort. I have more or less the same habit, albeit not exactly related to trading or crypto. If I miss that activity for a few days, or even a day, I just feel slightly uncomfortable. It is not an addiction either since I don't necessarily gain dopamine from doing that. I think that's healthy compared to checking BTC price every minute or so.

Offline JoyMarsha

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Re: How often do you check on your Crytpo/Bitcoin?
« Reply #77 on: May 23, 2024, 10:05:20 PM »
Quote
Re: How often do you check on your Crytpo/Bitcoin?
I can't really say, because I  occasionally check it when my mind is pushed to it, to have a look at my bitcoin holdings, to know how the crypto market is pushing toward the bull run or bearish market. And how the crypto market is, whether It is in an uptrend or downtrend movement, will depend on how I go on with my DCA strategy of investing in bitcoin.

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Re: How often do you check on your Crytpo/Bitcoin?
« Reply #78 on: May 24, 2024, 06:19:18 PM »
I don't spend the day looking at my wallets to know the value of my coins/tokens, I think that's not good for mental health, besides, whether I look or not, whatever has to happen will happen without me being able to do “anything”. What I usually do is place a value limit close to the ATH of each coin/token and in this way receive a notification when the market is close to reaching values ​​that it has not yet reached. When I started with cryptocurrencies, I spent a lot of time each day looking at the value of my assets, but I soon realized that it was a waste of time that prevented me from focusing on more important things.
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Offline MUGNIA

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Re: How often do you check on your Crytpo/Bitcoin?
« Reply #79 on: May 25, 2024, 04:26:11 PM »
Set alerts for major dips and also for gains, have a look at bitcointicker.co for the 24-hour view in the morning and make your decision on what your doing today, buy, sell, hold, or swap, etc,

set your market limit buy/sells for the day for buying in and selling and also coin pair swaps and your free until tomorrow but mAke sure you log all trades into coinstats or something similar or use your own excel sheet or program your own small logging program for desktop or mobile etc even a browser app will do.

not very often because I only check when I'm going to sell, if I don't need it I won't check the price or exchange

Offline Litzki1990

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Re: How often do you check on your Crytpo/Bitcoin?
« Reply #80 on: May 25, 2024, 05:28:19 PM »
Set alerts for major dips and also for gains, have a look at bitcointicker.co for the 24-hour view in the morning and make your decision on what your doing today, buy, sell, hold, or swap, etc,

set your market limit buy/sells for the day for buying in and selling and also coin pair swaps and your free until tomorrow but mAke sure you log all trades into coinstats or something similar or use your own excel sheet or program your own small logging program for desktop or mobile etc even a browser app will do.

not very often because I only check when I'm going to sell, if I don't need it I won't check the price or exchange
We can easily check our bitcoins from where we hold our bitcoins. If we want to hold bitcoins for long term then we don't need to check bitcoins very much because if we keep checking our bitcoins every now and then we will never be able to hold our investment for long. If you absolutely need to check your balance, you can check your balance by entering where we hold our bitcoins.

 

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