I check the price of bitcoin everyday because I want to be aware with what is happening in the price. Monitoring the price helps me knowledgeable about the past and recent changes on the price which is very important to me as a trader. I don't want myself to make the habit of just checking the price when I am about to trade, not knowing the recent changes in the price can sometimes result to wrong decision of selling for low price. Besides, checking the price is not that time-consuming because you will only allot less than 5 minutes for it.
If someone really wants to become a good and successful trader, making a habit of checking and monitoring the price of bitcoin is important and is very beneficial.