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Author Topic: Stop Looking At Your Crypto Portfolio  (Read 917 times)

Offline TomPluz

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Stop Looking At Your Crypto Portfolio
« on: April 24, 2021, 11:18:42 AM »

To avoid some heartache, headache and therefore some stress, I decided to stop looking at my portfolio tracker since I don't want to see the sea of red which is now affecting the whole cryptocurrency marketplace.

I know that all things are just temporary so maybe some few days from now we can see some greens already floating on our screen, and we can be back to exciting growth rates again.

April has become the Red Month for all of us, so I am hoping that come May there will be more Greens.

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Stop Looking At Your Crypto Portfolio
« on: April 24, 2021, 11:18:42 AM »

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Re: Stop Looking At Your Crypto Portfolio
« Reply #1 on: April 24, 2021, 11:25:57 AM »
I have Blockfolio on my smartphone for years, but I only open it once a month (or less) to avoid what you say. I'm not going to have a heart attack or fall into a depression, I just don't open the app. I only have some notifications set for some coins/tokens, but nothing else. Unfortunately, I know people who spend their days opening the app and can't seem to lead a normal life without opening Blockfolio or Delta.
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Offline Rehan Zakir

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Re: Stop Looking At Your Crypto Portfolio
« Reply #2 on: April 24, 2021, 12:02:49 PM »
You are saying right!. Market moves in both directions upward or downward. And this is a correction that is a part of market. So, don't  take any tension. Just wait for recovery in the market. When market is stable all crypto coins are growing.

Offline yurez

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Re: Stop Looking At Your Crypto Portfolio
« Reply #3 on: April 24, 2021, 02:41:05 PM »
I keep track of my cryptocurrency portfolio every day and I will not change my habit in the near future. Despite the fact that the portfolio is now minus, but by the end of the month it is still a plus.

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Re: Stop Looking At Your Crypto Portfolio
« Reply #4 on: April 24, 2021, 02:50:39 PM »
I think that many of us have a crypto portfolio that has sunk by an average of 10-15%. But we all understood that the growth could not be eternal and the correction was inevitable. I am more interested in the question of whether there will be a rise or we will drift in this state until the summer, and then it will be time for holidays, etc.

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Re: Stop Looking At Your Crypto Portfolio
« Reply #5 on: April 24, 2021, 04:04:40 PM »
I think that many of us have a crypto portfolio that has sunk by an average of 10-15%. But we all understood that the growth could not be eternal and the correction was inevitable. I am more interested in the question of whether there will be a rise or we will drift in this state until the summer, and then it will be time for holidays, etc.
the situation will change in any case, because the trend of the cryptocurrency market is on the rise. today there is certain negative news, as well as a coincidence of circumstances that in one way or another affect the cryptocurrency market. among these factors may be Biden's desire to raise taxes for wealthy people, but also problems with electricity in China and some others.
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Offline MrSpasybo

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Re: Stop Looking At Your Crypto Portfolio
« Reply #6 on: April 24, 2021, 07:51:19 PM »
It was very difficult when we were dominated by the market and the negative news in this correction. I also stopped accessing my Binance account a few days ago. The WAVES & IOTA I bought earlier are still safe in my wallet and I have no intention of selling them by the end of April.
Correction like the slap makes us less excited during bullrun.
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Re: Stop Looking At Your Crypto Portfolio
« Reply #6 on: April 24, 2021, 07:51:19 PM »


Offline Jaephoenix

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Re: Stop Looking At Your Crypto Portfolio
« Reply #7 on: April 24, 2021, 08:15:58 PM »
Easier said than done. It's a natural reflex for any crypto investor or trader to occasionally take a peek at his bag. The best alternative is to take a gander at coinmarketcap and see how the market dumps so you can create strategies how to buy or even dump some coins or tokens

Offline Fivestar4everMVP

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Re: Stop Looking At Your Crypto Portfolio
« Reply #8 on: April 24, 2021, 10:49:47 PM »
Well, for me, am not really bothered cus right from the onset, I've had this awareness that at some point, the market will turn red, I mean we all know that the market can't keep going up forever, at some point, things will move back a bit, thank God already for where the market is today cus I know that from this bull run, many people have been able to earn good amount of money for good living, now that its time for a little retrace, I believe it's just normal for us not to complain as the nagative movement is for some little time maybe, I don't get disappointed or discouraged when I look at my portfolio cus I know that as long as I don't sell, the loss is temporary.
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Re: Stop Looking At Your Crypto Portfolio
« Reply #9 on: April 24, 2021, 11:15:40 PM »
I will activate notifications on the Trust wallet application and on coingecko if the coin price goes down or goes up again.
The red crypto market situation as we have seen all coins go up rapidly starting in 2020, for me the current situation is good for trading as the coin price looks like it is going to go up and I will wait for that to happen by buying more altcoins
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Offline sampoerna

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Re: Stop Looking At Your Crypto Portfolio
« Reply #10 on: April 24, 2021, 11:55:14 PM »
If we are a holder, it is better to close the portfolio and then leave it for a certain period of time.
However, if you are a trader, we can see how our mental and readiness of the crypto market. If we are a strong person with great readiness, we will not mind whatever the condition of the market, bearish or bullish. In this case, just ensure you are ready with it

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Re: Stop Looking At Your Crypto Portfolio
« Reply #11 on: April 25, 2021, 08:19:03 AM »
That is one of the habits I am trying to avoid with every possible means I always check my blockfolio app  I want to avoid checking it every then and now to ascertain how well the prices of coins are in the market. It's been quite difficult because my mind is always there and would to know the present market situation.

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Re: Stop Looking At Your Crypto Portfolio
« Reply #12 on: April 25, 2021, 10:24:57 AM »
That is one of the habits I am trying to avoid with every possible means I always check my blockfolio app  I want to avoid checking it every then and now to ascertain how well the prices of coins are in the market. It's been quite difficult because my mind is always there and would to know the present market situation.

Do not let knowing the current state of the market become an obsession, uninstall the APP if necessary, your mental health will thank you. As I said in my previous post in this thread, I personally know people who spend their days opening Delta or Blockfolio and are obsessed. I can't even have a conversation with them because they have to check their smartphone every X minutes.
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Offline trauchot

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Re: Stop Looking At Your Crypto Portfolio
« Reply #13 on: April 25, 2021, 01:29:53 PM »
Long time ago I was also afraid to check my cryptocurrency wallet in those moments when the cryptocurrency market was falling, but over time I got used to it and now I take it calmly, because there is nothing to be done about it and anyway, your cryptocurrency wallet needs to be checked constantly because even when the cryptocurrency market falls, it is possible that in your wallet any cryptocurrency can start growing and you must not miss this moment.
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Re: Stop Looking At Your Crypto Portfolio
« Reply #14 on: April 25, 2021, 01:55:48 PM »
To track the price sometimes isn't helpful more particularly when the market is on red days. It feels disappointing and stressful that you can't even eat well your lunch or dinner. Seeing the red portfolio is killin your appetite to live life happily this day. I know this is just temporary in due time everything will gonna be fine.
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