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Topic: A check on your wallet on daily basis can earn you some dollar (Read 494 times)

member
Activity: 601
Merit: 10
Artemis
may I know what token are you showing this?  because I also experienced something similar when I checked my wallet.  first I only get tokens with a total of 8 seeds.  but now the number has reached 1,800.. it turns out that the information I got Apr reached more than 1000% which made my token amount increase sharply
legendary
Activity: 2534
Merit: 1338
It is just a minute of your life to check on it, and we should do it. That is really my routine every morning just to check the price of altcoins and check for new news about them. That is really a missed opportunity, but again, it is your choice to check from time to time because others won't as they will be tempted to sell their assets, which again is their strategy. But the best way to do it is to check the news of the altcoins that you are holding to see any updates.
It is true that it does not seem to be a big deal to check your coins at least once a day, but when people are holding 20 coins or more then suddenly things are not so simple as now not only they need to check the price of so many coins but also the news related to them, and people could easily spend an hour doing this, and if we add that the movements of altcoins are incredibly fast then you could miss the movement of one of your coins even if you were to check your coins once a day, so another method needs to be used in order to deal with those fast movements.
member
Activity: 469
Merit: 13
I am using the Debank application to earn some dollars from content sharing and reacting to other posts. The main advantage is you can watch your wallet and all the transactions history and LP details. Also, you can analyze the other wallets as well.
hero member
Activity: 2366
Merit: 594
It is just a minute of your life to check on it, and we should do it. That is really my routine every morning just to check the price of altcoins and check for new news about them. That is really a missed opportunity, but again, it is your choice to check from time to time because others won't as they will be tempted to sell their assets, which again is their strategy. But the best way to do it is to check the news of the altcoins that you are holding to see any updates.
legendary
Activity: 2506
Merit: 1394
This is great one.i always check my wallet.Bsc scan,ether scan & polygon scan.Some time I received some payment because long time ago I complete some bounty.So I always check my wallet & received my some payment.
Yes, but there are also some times or cryptocurrencies that you can't sell. There are also some times that the price of the token you are seeing on these explorers is not accurate, some could be only issues from pricing which the real price of a token is really nothing.

But it's always better to check, it will not take a lot of time. Just be careful also sometimes because some of the tokens that are being sent to your wallets are scams or just spam tokens just for promoting something or that will lead you of getting hacked.
legendary
Activity: 2534
Merit: 1338

CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.
Recently, I'd checked my wallet but no miracle happen still, it was loaded with shitcoins. So I don't have to believe that checking every day would give you some money as it never happen to me. But despite this thing still, I'm going to check it from time to time watching any of my shitcoins that have been so many years been there to at least show some changes because we know that many impossible things happen when the bull season so coming and even shitcoin could show something unusual movement. Who knows right because I have that experience in the last 2017 Bullrun.
The issue with those shitcoins is that their pumps are incredibly fast, so even if you were to check your wallet on a daily basis there is no guarantee you will catch the pump, as the pump could begin and end before you have the chance to check your wallet, then it seems like a better idea to have some sort of alert system that tells you when a coin has gone up or down by a wide margin, this way you will have a chance to act immediately and try to get the most out of that movement and obtain profits that way.
hero member
Activity: 2982
Merit: 610

CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.
Recently, I'd checked my wallet but no miracle happen still, it was loaded with shitcoins. So I don't have to believe that checking every day would give you some money as it never happen to me. But despite this thing still, I'm going to check it from time to time watching any of my shitcoins that have been so many years been there to at least show some changes because we know that many impossible things happen when the bull season so coming and even shitcoin could show something unusual movement. Who knows right because I have that experience in the last 2017 Bullrun.
legendary
Activity: 2268
Merit: 1655
To the Moon
Currently, there are many different services that allow you to track the contents of your wallet in all networks. One of these platforms is debank.com thanks to which you will always know the current balance of the monitored wallet. But despite this, it will still be difficult for you to sell the coin during a short-term pump.
legendary
Activity: 2534
Merit: 1338
This is great one.i always check my wallet.Bsc scan,ether scan & polygon scan.Some time I received some payment because long time ago I complete some bounty.So I always check my wallet & received my some payment.
Its good to monitor your wallet from time to time, especially if you have the target to look forward. Don’t just hold passively since there are tokens that pumps in no time and you might loose the chance on selling it and taking profit. Even if I hold good coins in my wallet, I still monitor the price of those coins so I can know what to do next with my holdings.
I think we need to be incredibly clear with our intentions when it comes to our goals and how we want to achieve them, a holder cannot afford to buy a coin that can pump and dump, as now the biggest advantage of holding which is to buy a coin and hold it for a long time without worrying too much about the short term price suddenly disappears, only traders should buy those coins as due to the nature of their job they are already checking the markets everyday anyway.
sr. member
Activity: 2422
Merit: 357
This is great one.i always check my wallet.Bsc scan,ether scan & polygon scan.Some time I received some payment because long time ago I complete some bounty.So I always check my wallet & received my some payment.
Its good to monitor your wallet from time to time, especially if you have the target to look forward. Don’t just hold passively since there are tokens that pumps in no time and you might loose the chance on selling it and taking profit. Even if I hold good coins in my wallet, I still monitor the price of those coins so I can know what to do next with my holdings.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
I don't need to check my wallet at all as I keep only coins listed in top 20 to top 100 in Coinmarkecap website and I only check that website,I have it as an app in my mobile phone and check it once or twice a day to see what is happening with my coins.Actually nothing it is happening with my coins as I keep pretty stable coins as these type of coins reside in top 100 of that list.

For people who hold those shitcoins they need to do a daily check yeah as the increase from such coin is much more than 100% when these coins do pretty well in some exchange that apparently starts accepting them for trading.
legendary
Activity: 2534
Merit: 1338
If you are a holders and traders then absolutely you should check basic everyday for your wallet. If you got profits from your investment then you can sold out then again buy dip. It's really like a profitable step but there are many people who haven’t check everytime for there wallet so that's why they can miss to sell profits abilities.
A holder does not really need to check his portfolio that often, after all a holder is someone that is not only willing to hold their coins for a very long time, but they are also someone that has specifically selected the coins on his portfolio to be coins which can be held for that long, so a peak during a specific day means absolutely nothing to them, the only ones that need to check their portfolio so often are traders as they are the ones looking for those extreme variations on the price on the coins they bought.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform

It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.
The best alternative is to create an account on Coingecko or Coinmarketcap and create your portfolio and add all the names of the coins and the amount or number of these coins and tokens all you have to do is to log in and check the percentage and see if your coins or tokens have increased in their value or there is a dip in their value, it's better than checking all your wallets, by creating your portfolio you can have an insight on how your coin performs in specific time so you can take action if it's worth retaining or dumping.

full member
Activity: 1050
Merit: 100
Vave.com
If you are a holders and traders then absolutely you should check basic everyday for your wallet. If you got profits from your investment then you can sold out then again buy dip. It's really like a profitable step but there are many people who haven’t check everytime for there wallet so that's why they can miss to sell profits abilities.
jr. member
Activity: 192
Merit: 1
This is great one.i always check my wallet.Bsc scan,ether scan & polygon scan.Some time I received some payment because long time ago I complete some bounty.So I always check my wallet & received my some payment.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
too much of a rare occurrence to be that significant, honestly checking on daily basis seems like massive waste of time for coin that doesn't even guaranteed to increase even after a decades in.
you just better off focused on investing on other coin at this point since the other might just be far better than just waiting something thats not even guaranteed.
moreover if you want a simple way you could just use some tools to watch your coin price increase.
That can be deceiving from just a glance.   There are some cases where a coin will have no volume and people go in and buy a dollars worth at such a high cost to give this impression of a spike when in fact its just that, manipulation.  Nothing goes that high that quick at mass volume.
this is also one of the reason why this is such futile attempt and waste of time, too much manipulation that instead of allowing us to earn some profits it will steal our money instead.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
honestly i've seen so many attempt of scam through sending some random coins that have humongous value, this time maybe you're lucky next time if you're not careful you might get scammed.
the risk is not worth it honestly.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I'm used to the habit of not checking my wallet for days especially when am not expecting any coin or token from anywhere even though I have some token on the wallet. Recently I just check the wallet after been abandon for days and I observed this with this token.


This token has done 3883217% in some days without me observing at all. Even though this was a rug pull but let assume it real that is how I'm going to miss out the great opportunity.


CONCLUSION
It's a good deal for one to check his/her wallet at least once in a day. This will help you to control the funds in your wallet. Old token may do good within minute, one can take such advantage to make good cash out of such forgotten token.
It depends on the type of coins you are holding, if you are only holding bitcoin and other similar strong coins then even if you do not check your wallet daily you will find out they went through a spike just by reading some news or this forum, however if we are talking about some obscure token then it would be a better idea for you to create some alerts in the case the token you bought goes though a major price variation, and in this way you will save yourself the effort of checking your tokens for months while nothing happens during that period of time.
legendary
Activity: 3752
Merit: 1415
That can be deceiving from just a glance.   There are some cases where a coin will have no volume and people go in and buy a dollars worth at such a high cost to give this impression of a spike when in fact its just that, manipulation.  Nothing goes that high that quick at mass volume.
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