Are you following BTC price through Telegram channel?

[Aanuoluwatofunmi]

I can't use the telegram channel to follow up with bitcoin market price because it may not give me the required results I needed as some variations may occur with what other platforms or exchange may present as market value and this alone may have a little way of causing confusion, despite it's a common experience to those that go into arbitrage during trades, I will rather prefer exchanges like Binance, Bybit or coinmarketcap.

[rby]

I can't use the telegram channel to follow up with bitcoin market price because it may not give me the required results I needed as some variations may occur with what other platforms or exchange may present as market value and this alone may have a little way of causing confusion, despite it's a common experience to those that go into arbitrage during trades, I will rather prefer exchanges like Binance, Bybit or coinmarketcap.

I think exchanges offers better values when it comes to monitoring the price of Bitcoin that's because most exchanges offers you the option of reading the market charts, comparing them to chart history and making good technical decisions. Using telegram to monitor Bitcoin price to me isn't a good option especially when you're a trader. Personally, prefer Bybit because apart from the market charts it offers you, it also notifies you when there's a positive movement in the price of Bitcoin.

[MrSpasybo]

I think exchanges offers better values when it comes to monitoring the price of Bitcoin that's because most exchanges offers you the option of reading the market charts, comparing them to chart history and making good technical decisions. Using telegram to monitor Bitcoin price to me isn't a good option especially when you're a trader. Personally, prefer Bybit because apart from the market charts it offers you, it also notifies you when there's a positive movement in the price of Bitcoin.

BTC liquidity is solid, so the price difference across exchanges usually isn't too significant, I'd say not more than 0.1%. Also, as I mentioned, I'm not an intra-day trader, I hold BTC and ALTs for the long term, so I only need to check the BTC price to understand the market's overall state rather than trying to capitalize on every price swing.

I also use Binance but have the app installed on a separate device dedicated to trading. I use CoinGecko to track my portfolio movements, and I'm also used to CoinMarketcap for getting comprehensive information about any token. However, I frequently work with Telegram for research and teaching, so I also follow crypto news on Telegram and get minute-by-minute BTC price updates through this app whenever I want.