How often do you check on your Crytpo/Bitcoin?

[vegasus]

I don't know how many times a day I watch the market, there might be no purpose but after every now and then I reach out to my pocket, take out my mobile, and check the market only to stay updated about the prices because I like doing that, no obligations but still.

Same for me, I am also not counting how many times I commonly check market every day. because it's often enough. Somehow it has become a habit that when holding a cellphone after stopping for a moment, the thing to do is open Whatsapp and then open the market.

but yes, it's just a matter of checking the ups and downs, what coins are up and what coins are down. as well as checking our portfolio, or other things. And sometimes it doesn't have to be like that. What is certain is, if we do not feel objections and do not influence our emotional stability in our decisions, there is no problem. Unless we panic easily, this might be a little confusing. back to each individual.

[Dr.Bitcoin_Strange]

I don't know how many times a day I watch the market, there might be no purpose but after every now and then I reach out to my pocket, take out my mobile, and check the market only to stay updated about the prices because I like doing that, no obligations but still.

Same for me, I am also not counting how many times I commonly check market every day. because it's often enough. Somehow it has become a habit that when holding a cellphone after stopping for a moment, the thing to do is open Whatsapp and then open the market.

but yes, it's just a matter of checking the ups and downs, what coins are up and what coins are down. as well as checking our portfolio, or other things. And sometimes it doesn't have to be like that. What is certain is, if we do not feel objections and do not influence our emotional stability in our decisions, there is no problem. Unless we panic easily, this might be a little confusing. back to each individual.

Trust me I totally understand what that feels like, because cultivating and getting addicted to the habit of regularly checking the market is very very easy, especially when it's just too accessible. Sometimes you don't even know how and when you just manage to swing by, just like a reflex action where you just see your thumb always wanting to go there, even when you don't want to.

You're right that one needs to be very careful when checking the market because at that point, you could see something that'll motivate you or stir up your emotions into moving fast to take drastic actions or decisions that could affect your work.

[bitterguy28]

Have done this and not extending my time now because since I learn Hodling means completely ? i understand why I must not check my funds from time to time and yeah to try preventing checking the market mostly.
because sometimes this will bring you to change your decisioning because of those mistakes.

[jeraldskie11]

Have done this and not extending my time now because since I learn Hodling means completely ? i understand why I must not check my funds from time to time and yeah to try preventing checking the market mostly.
because sometimes this will bring you to change your decisioning because of those mistakes.

Indeed. The more we look at the chart, we can see things we didn't see before. As a result, you will change the entry price. But in reality, the first one is correct and the other one is a mistake because it's just your emotion who affects your mind. So it's better to avoid looking at the chart after we made an entry and just wait until you received a notification. Sometimes when we are new to trading, we are so excited for the result which will cause as to look at price movement from time to time. It's very dangerous to our trading journey, we should stop this kind of habit as soon as possible.

[Dr.Bitcoin_Strange]

Have done this and not extending my time now because since I learn Hodling means completely ? i understand why I must not check my funds from time to time and yeah to try preventing checking the market mostly.
because sometimes this will bring you to change your decisioning because of those mistakes.

Yeah, a HODLer actually has no need to always be checking on his wallet or his bitcoin quite frequently, because one the benefits of HODLing is to ride out temporary market fluctuations and you're considering Bitcoin for its long-term potentials rather than monitoring the market movement as it could force one to emd up makimg drastic and uncalculated risks.

Well the only reason one can check his wallet more often could be for the sake of acquiring knowledge for reference purpose  or to get information about the wallet he uses for developments and if the need for possible adjustments would arise.

[kulkhan]

Have done this and not extending my time now because since I learn Hodling means completely ? i understand why I must not check my funds from time to time and yeah to try preventing checking the market mostly.
because sometimes this will bring you to change your decisioning because of those mistakes.

You told perfect. I am also avoid regularly check my crypto wallet. I am holdind some coin in different wallet. But which i am holding for long time that's wallet i check that with long time distance. But i have some coin in my another wallet thats wallet i check regularly because some times i do buy and sell. And some time i withdraw my profit. So i check it after some times/ regularly.

[UNIVERSE]

Same for me, I am also not counting how many times I commonly check market every day. because it's often enough. Somehow it has become a habit that when holding a cellphone after stopping for a moment, the thing to do is open Whatsapp and then open the market.

I think most of us do the same. We don't count about checking the market frequently. It is not necessary to count it, why we must know it.  I only more often to check the market if I have a plan to sell my coins or I want to do daily trading. If it is a usual day, I sometimes didn't check the market. We know the market looks a bit sideway now.

but yes, it's just a matter of checking the ups and downs, what coins are up and what coins are down. as well as checking our portfolio, or other things.

It is normal if we check our portfolio. We monitor the progress of our investment. We need to know how far the price increasing and how far it dropping. It is sometimes to be considered to sell or buy coins. Monitoring the market is a must activity to do but it is not always to do daily.

[bayu7adi]

Same for me, I am also not counting how many times I commonly check market every day. because it's often enough. Somehow it has become a habit that when holding a cellphone after stopping for a moment, the thing to do is open Whatsapp and then open the market.

I think most of us do the same. We don't count about checking the market frequently. It is not necessary to count it, why we must know it.  I only more often to check the market if I have a plan to sell my coins or I want to do daily trading. If it is a usual day, I sometimes didn't check the market. We know the market looks a bit sideway now.

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.

[MrSpasybo]

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.

[LogitechMouse]

Re: How often do you check on your Crytpo/Bitcoin?

I'm not a trader, but I look at my crypto portfolio at around 10x or even more on a daily basis.

Why? None. I just want to keep myself updated with what's happening with cryptocurrency and my portfolio as well. After all, I don't make impulsive decisions like selling my tokens when I see it went up 10% or more. I've been doing this for years already that I made it a hobby already. I guess there's nothing wrong with that, right? Looking at it when I wake up in the morning, when I'm eating breakfast, when I sleep at night. I don't call it an addiction though. It's just that, I just want to look at my portfolio and what's happening on crypto as much as I can.

[DabsPoorVersion]

Re: How often do you check on your Crytpo/Bitcoin?

I'm not a trader, but I look at my crypto portfolio at around 10x or even more on a daily basis.

Why? None. I just want to keep myself updated with what's happening with cryptocurrency and my portfolio as well. After all, I don't make impulsive decisions like selling my tokens when I see it went up 10% or more. I've been doing this for years already that I made it a hobby already. I guess there's nothing wrong with that, right? Looking at it when I wake up in the morning, when I'm eating breakfast, when I sleep at night. I don't call it an addiction though. It's just that, I just want to look at my portfolio and what's happening on crypto as much as I can.

There's indeed nothing wrong with that. You can only find something wrong if you're not the only one regularly checking your portfolio 😂 I mean, showing it to some kind of social media group or group chats whenever there's a rally or dump ongoing in the market just like what we regularly see in facebook, x or even in instagram.

If you have been in crypto, you can really build up a hobby of checking your portfolio on a daily basis. It's just a matter of how we let the market condition to affect ourselves whether we will do panic selling or do panic buying.

[CoinMin3r]

Actually I check price of coins I hold rather than go into my crypto portfolio and check. As I know I much I hold, I just calculate myself. But I'm waiting for the right time to trade those and not hurrying even if goes up by some percentage. I'm confident good time will come for sure.