Are you following BTC price through Telegram channel?

[MRY]

One of the bad habits of crypto investors is that they check price charts too often, perhaps 50 or 100 times a day through mobile apps. When I first joined the market, I had that habit too: I checked BTC price through Coinmarketcap & Coingecko, I used Blockfolio and things got worse when I joined the TradingView community. Watching price charts too often created unnecessary stress, especially when I opened TradingView on my smartphone at night, read the trading views of other traders and couldn't fall back asleep, worse, sometimes I made poorly informed investment decisions at 3 AM.

Are you following BTC price through a Telegram channel?

When I invest in a coin, I track the market frequently. Because at that time I am very excited about the profit and loss. And especially because of this nature, I am not able to hold the token for a long time. This happens to almost everyone. When someone monitors the market frequently, there is a lot of excitement in him and he starts getting mental pressure along with the market movement. I mostly visit Binance Exchange to track prices. I don't have much experience tracking prices through any Telegram bot or notifier.

If I decide to invest in the short and medium term, I might monitor the market more often. However, if I decide to hold for the long term, I would prefer to let it be and not look at the market because it will disturb my focus for holding for the long term, when a correction occurs it can cause panic.

You know well how you want to proceed with your investing. If you prefer to scan the market for a short term more attentively, it will let you to have a feeling of certain control. Well, it is quite easy to avoid such obstacles when planning to put your money in the long-term investments. There is nothing as crucial in investing as making decision that are congruent with your comfort and the kind of life that you would like to lead. Only in such circumstance, you can keep calm despite significant changes in the market environment. When selecting the strategy, one gains a chance to be immune to market turmoil without getting emotional and ruining the business.

[MrSpasybo]

If I decide to invest in the short and medium term, I might monitor the market more often. However, if I decide to hold for the long term, I would prefer to let it be and not look at the market because it will disturb my focus for holding for the long term, when a correction occurs it can cause panic.

Well, tracking the market too frequently, say 50 times a day, or too infrequently, like once a week, can lead investors to extreme psychological states: either overly stressed or lacking the necessary focus when managing assets. I always try to avoid these kinds of actions, especially during a bull run, because every daily fluctuation can be an important signal for me to manage my account.

In the case where an investor wants to hold BTC for the long term, for example, across multiple cycles, they might not even bother about BTC's price fluctuations over time. They just need to work and DCA BTC with the goal of accumulating as much BTC as possible as a gift for their children and grandchildren in a few decades. Unfortunately, I don't belong to this group, I still want to optimize my investment thanks to BTC's price movements within each cycle ^^

[MUGNIA]

If you are a long-term investor like the people in the bitcoin industry, of course you don't need to keep an eye on the price of bitcoin most of the time.
Now if you keep an eye on it often, you probably have a price to look forward to when you buy or sell.

As for me, I always use only top exchanges and I often use trading view so that I can keep myself updated on the news happening today in bitcoin and other cryptocurrencies, which gives hope to other communities so that they can also get an opportunity to earn in the future.

Our investment positions and personal expectations determine our investment strategies and behaviors when participating in the market. Consequently, each investor will select their own set of tools to monitor, analyze, and execute trades.

Ultimately, winning in the market remains our biggest goal. Monitoring the market through various apps with different frequencies all becomes reasonable if it brings the investor profits and peace of mind. Honestly, when I saw the BTC price in the Telegram channel below $85K, I didn't want to waste time opening TradingView to analyze the market anymore ^^

When the market is going down, we are definitely busy analyzing whether this is the lowest price and we can enter to save additional funds before there is another increase, it is difficult but this is a challenge for investors and traders in my opinion if they want to get maximum profit.

[enwi]

When the market is going down, we are definitely busy analyzing whether this is the lowest price and we can enter to save additional funds before there is another increase, it is difficult but this is a challenge for investors and traders in my opinion if they want to get maximum profit.

However, as it has been seen, we are generally in a disadvantaged place when the market turns bearish and the question as to when to invest is always tricky. We always have this lusting to buy at the bottom and wanting to go all in the very instant as we feel that it is the perfect time but in real sense, the market is not always so favourable as we expect it to be. We can only notice some various patterns that is existing, but this does not always means that it will come to an end as what we see. This is where the big trouble of trading lies, it is not enough to learn about the price and chart alone, the trader has to learn other indicators of the market. Maintaining a cool head especially in such circumstances is what can determine one between gains and losses.

[Legion]

If you are a long-term investor like the people in the bitcoin industry, of course you don't need to keep an eye on the price of bitcoin most of the time.
Now if you keep an eye on it often, you probably have a price to look forward to when you buy or sell.

As for me, I always use only top exchanges and I often use trading view so that I can keep myself updated on the news happening today in bitcoin and other cryptocurrencies, which gives hope to other communities so that they can also get an opportunity to earn in the future.

Our investment positions and personal expectations determine our investment strategies and behaviors when participating in the market. Consequently, each investor will select their own set of tools to monitor, analyze, and execute trades.

Ultimately, winning in the market remains our biggest goal. Monitoring the market through various apps with different frequencies all becomes reasonable if it brings the investor profits and peace of mind. Honestly, when I saw the BTC price in the Telegram channel below $85K, I didn't want to waste time opening TradingView to analyze the market anymore ^^

When the market is going down, we are definitely busy analyzing whether this is the lowest price and we can enter to save additional funds before there is another increase, it is difficult but this is a challenge for investors and traders in my opinion if they want to get maximum profit.

Everyone knows that the market does not always show itself within the charts. It also raises an intellectual aspect that has to do with the psychological aspect of one and will make one sacrifice their sleep just to answer one question, is this the right time to go in? The answer never comes clearly. No it is within this ambiguity that bravery is drawn out of a person. A certain type of toughness is attained when one elects to stay with his perspectives knowing that every one around him does not believe in them. Together with this, what becomes visible at a point like this is not intellect, but strength that enables one to stand straight when all is in instability.

[MrSpasybo]

Everyone knows that the market does not always show itself within the charts. It also raises an intellectual aspect that has to do with the psychological aspect of one and will make one sacrifice their sleep just to answer one question, is this the right time to go in? The answer never comes clearly. No it is within this ambiguity that bravery is drawn out of a person. A certain type of toughness is attained when one elects to stay with his perspectives knowing that every one around him does not believe in them. Together with this, what becomes visible at a point like this is not intellect, but strength that enables one to stand straight when all is in instability.

Yeah, the price chart is just an easily trackable and quantifiable aspect of the market; it's not the market itself. Following the price chart or token price only provides a bit of information for investors to monitor and have a basis for making trading decisions.

I follow the BTC price via a Telegram channel because I also read news about the macro market and crypto on a Telegram channel run by one of the most famous Vietnamese KOLs in the crypto space. I think learning about the nature of the economy is also quite interesting and helps me reduce stress on my crypto investing journey, while also potentially improving the quality of my predictions for BTC price movements.

[|MINER|]

Are you following BTC price through a Telegram channel?

I have already hundreds of notification on telegram from the various news announcer channel about cryptocurrency, and as well I also use the notification bot for forums. And more about there is also personal chat are on the list. 
And there I will never gonna intend to add more like this for knowing the Bitcoin price. Moreover, Bitcoin price  is always changing minute to minute if we just add this kinds of bot then there will be no benefit rather than we are pressuring our phone by the telegram notification.
Moreover in the centralised exchanger like binance, kucoin, Bybit these all have the real time  features for knowing the prices of Bitcoin as well The Other currency for you want to know.

[MrSpasybo]

I have already hundreds of notification on telegram from the various news announcer channel about cryptocurrency, and as well I also use the notification bot for forums. And more about there is also personal chat are on the list. 
And there I will never gonna intend to add more like this for knowing the Bitcoin price. Moreover, Bitcoin price  is always changing minute to minute if we just add this kinds of bot then there will be no benefit rather than we are pressuring our phone by the telegram notification.
Moreover in the centralised exchanger like binance, kucoin, Bybit these all have the real time  features for knowing the prices of Bitcoin as well The Other currency for you want to know.

Currently, we have many apps available to keep up with news and market status, especially CEXs apps. However, I don't choose them because I don't install them on my main smartphone. I have a separate smartphone to install apps related to my crypto accounts. At the same time, I also need to monitor the market quickly even when using my laptop.

I'm still using and managing the Telegram app effectively and simply. I maximize features like Archived chats and Mute to avoid being disturbed by notifications on Telegram, so I can still track the BTC price on a Telegram channel whenever needed, for example, right now, to get a quick overview of the market.

[|MINER|]

Currently, we have many apps available to keep up with news and market status, especially CEXs apps. However, I don't choose them because I don't install them on my main smartphone. I have a separate smartphone to install apps related to my crypto accounts. At the same time, I also need to monitor the market quickly even when using my laptop.

I'm still using and managing the Telegram app effectively and simply. I maximize features like Archived chats and Mute to avoid being disturbed by notifications on Telegram, so I can still track the BTC price on a Telegram channel whenever needed, for example, right now, to get a quick overview of the market.

Got your points. It's true that Telegram allows us to know price updates anywhere, anytime without installing any extra apps.
But I have already said about the notification that many channel notifications come together in my Telegram and many times I miss a lot of things in the crowd of so many notifications. Although I need to manage those notification, but when I go to manage it, I see that I have to unmute all of them because all seems to important me.
And for this reason I prefer different apps to know just crypto updates. And at this time I think most people have some centralized exchangers installed on their mobile, in this case, if we go inside that exchangers, we will be able to see it better with the candle chart.

[Hisbullah]

Currently, we have many apps available to keep up with news and market status, especially CEXs apps. However, I don't choose them because I don't install them on my main smartphone. I have a separate smartphone to install apps related to my crypto accounts. At the same time, I also need to monitor the market quickly even when using my laptop.

I'm still using and managing the Telegram app effectively and simply. I maximize features like Archived chats and Mute to avoid being disturbed by notifications on Telegram, so I can still track the BTC price on a Telegram channel whenever needed, for example, right now, to get a quick overview of the market.

Got your points. It's true that Telegram allows us to know price updates anywhere, anytime without installing any extra apps.
But I have already said about the notification that many channel notifications come together in my Telegram and many times I miss a lot of things in the crowd of so many notifications. Although I need to manage those notification, but when I go to manage it, I see that I have to unmute all of them because all seems to important me.
And for this reason I prefer different apps to know just crypto updates. And at this time I think most people have some centralized exchangers installed on their mobile, in this case, if we go inside that exchangers, we will be able to see it better with the candle chart.

To see the crypto price in an up-to-date way, I prefer to see it on a centralized exchange application or CMC, I don't use telegram, because for me telegram is only to communicate with friends and read the latest news from crypto that is shared in the telegram group.
Maybe for airdroppers using telegram to participate in airdrops, unfortunately I don't participate in airdrops.

[sampoerna]

When the market is going down, we are definitely busy analyzing whether this is the lowest price and we can enter to save additional funds before there is another increase, it is difficult but this is a challenge for investors and traders in my opinion if they want to get maximum profit.

Maybe in every price movement, whether when the market is experiencing a decline or an increase, then we will always speculate about the lowest or highest broadcast price, between the supports and resistances of the coin's price at that time, the possibilities, and we will always be in such a situation. yes indeed there is no doubt, this is the crypto market, indeed there will always be speculation, there will be various price predictions, there is analysis and also various decisions that always contain their respective risks.

[MUGNIA]

When the market is going down, we are definitely busy analyzing whether this is the lowest price and we can enter to save additional funds before there is another increase, it is difficult but this is a challenge for investors and traders in my opinion if they want to get maximum profit.

However, as it has been seen, we are generally in a disadvantaged place when the market turns bearish and the question as to when to invest is always tricky. We always have this lusting to buy at the bottom and wanting to go all in the very instant as we feel that it is the perfect time but in real sense, the market is not always so favourable as we expect it to be. We can only notice some various patterns that is existing, but this does not always means that it will come to an end as what we see. This is where the big trouble of trading lies, it is not enough to learn about the price and chart alone, the trader has to learn other indicators of the market. Maintaining a cool head especially in such circumstances is what can determine one between gains and losses.

yeah, I understand, but everyone has a different attitude when it comes to trading, like me who is still always hesitant about selling and buying, where I lose more than I gain.

[Hisbullah]

yeah, I understand, but everyone has a different attitude when it comes to trading, like me who is still always hesitant about selling and buying, where I lose more than I gain.

If you are still in trading, maybe you have not made an analysis and have the right strategy. Also the ability to read the market also affects our mentality. That's why many people say, in trading we must have knowledge and experience. By always practicing to be able to become an expert in trading

[Blaze]

yeah, I understand, but everyone has a different attitude when it comes to trading, like me who is still always hesitant about selling and buying, where I lose more than I gain.

If you are still in trading, maybe you have not made an analysis and have the right strategy. Also the ability to read the market also affects our mentality. That's why many people say, in trading we must have knowledge and experience. By always practicing to be able to become an expert in trading

You are quite correct they mentioned that many factors are attached to trading that results, but it is not a must everybody to be so wise to trade. Indeed, especially when one practises directly and makes slight errors, they are able to develop machinist that have not been learnt from books. In my opinion, it is much wiser to be able to endure, rather than to be able to conquer. It is because a lot of individuals are searching for that holy grail perfect system while the market behaves in a way that does not always follow the actions of the head. You only should know the right time to be still in a fray and the right time to act and the right time to remain passive. It is not about who of the negotiators is smarter but who is better to philtre the noise outside and to see the direction.

[MrSpasybo]

You are quite correct they mentioned that many factors are attached to trading that results, but it is not a must everybody to be so wise to trade. Indeed, especially when one practises directly and makes slight errors, they are able to develop machinist that have not been learnt from books. In my opinion, it is much wiser to be able to endure, rather than to be able to conquer. It is because a lot of individuals are searching for that holy grail perfect system while the market behaves in a way that does not always follow the actions of the head. You only should know the right time to be still in a fray and the right time to act and the right time to remain passive. It is not about who of the negotiators is smarter but who is better to philtre the noise outside and to see the direction.

What you're referring to is the ultimate art in this market that every trader aims for: good timing and always knowing what to do instead of jumping into a stressful game of probabilities. I don't think any trading method can guarantee this art, they all have their own pros and cons, meaning they can generate many inaccurate signals.

Besides, the instability in traders psychology also prevents them from making wise decisions. Constantly following macro news, thinking about the market all day, or looking at price charts for the majority of the time are manifestations and also causes of unnecessary stress. That's why I try to manage my own psychology by only following the BTC price through a Telegram channel instead of constantly opening TradingView or Binance ^^