To control it is a problem, sometimes many people make investments without controlling at any time, people are more likely to like long-term investments, which do not make it difficult to control every time, danger or risk caused by the inability of controlling that, so the project What involves the hype does not fit we invest, even though the short term hype project also produces profits as you mentioned.
Different things must always be understood by every investor because it is very clear that if the investment is long-term, then monitoring in general is not too important even though it is not detrimental in particular, and this will certainly be different from investors who like to invest in the short term who must always do something different monitoring of each investment.
The strategies applied for both long-term and short-term investments are different,
for short term investment I think we should be more active all the time to seek information or do monitoring,
which obviously needs adjustment and depends on investment choices
You are right, a short-term investor always demands to have a large amount of knowledge about how the market can move, also if he is investing in a decentralized exchange it is like more work than he should since he should not detach himself from the PC or the phone. where you have active investment, in the case of centralized Excahnges, as in Binance, trust is unique and you just have to place a "take profit" or "Stop Loss" order, and just by placing the order you can realize that you can go on and on with normal life being in the market.
True but you might also want to be able to react to unusual price developments. The momentum plays a big role and can you cost money applying stop loss and take profit functions.
Paying attention to your crypto holdings on a daily basis (depending on how much you have invested in it of your total wealth) can be very vital. Being up to date with events and so on. The more you have invested in it, the more the thing itself becomes a full time job. The market is still crazy fast although it did slow down quite a bit compared to earlier years.
Anyway, I agree with you that one should find ways to lead a normal life, but everyone of us here probably knows that the first thing to do in the past after waking up was to check your portfolio. That has almost entirely normalized for me personally, but many people still watch the prices 1,000 times a day.
It also depends on what you bought actually. There are coins that are much more known to be pumps and dumps than others. If you want the pump and dump, you can probably have no normal life!:P
