Do you watch the price of your altcoin everyday? - page 18.

A L I E N

legendary

Activity: 1358

Merit: 1000

Quote from: joypark333 on December 29, 2017, 09:26:24 PM

Everyday, I watch the price of the coin that I have bought. But sometimes this could cause FUD or FOMO if the coin pump or dump tremendously. I sold my coins when I saw the price go up, but missed out the huger profit.
I think if you watch the price of your coin everyday, it will put pressure on your emotion.
Some people just buy it and don't think about it, which could be good or bad.
What do you think? Do you watch the price everyday? If not, how often do you watch it?
How do you feel before you watch it?

I read daily news about changes in the market of crypto currency and then, if necessary, I look at the price of my coins. I have some coins in my portfolio and I think that once a day is enough for me.

Reginalada

newbie

Activity: 26

Merit: 0

Ятoжe зaкyпaю aльткoины, я cчитaю, чтo y нeгo xopoшиe пepcпeктивы и oн eщe взлeтит.

chipzeru

member

Activity: 686

Merit: 39

yes, i do check several times in a day especially for my altcoin's short term investment. I can't check the price every second as i have side job. I'm using coinmarketcap app for my reminder if the price hits my target.

andrey755

full member

Activity: 490

Merit: 100

Quote from: joypark333 on December 29, 2017, 09:26:24 PM

Everyday, I watch the price of the coin that I have bought. But sometimes this could cause FUD or FOMO if the coin pump or dump tremendously. I sold my coins when I saw the price go up, but missed out the huger profit.
I think if you watch the price of your coin everyday, it will put pressure on your emotion.
Some people just buy it and don't think about it, which could be good or bad.
What do you think? Do you watch the price everyday? If not, how often do you watch it?
How do you feel before you watch it?

You correctly speak about pressure, what for to trace every hour. After all, you have invested in the correct coins that are intended for a long time, which means that they do not require constant tracking. But watching schedules and corrections, from this in any way. Control is needed for everything, but not hyper control.

evermotz

member

Activity: 112

Merit: 10

Quote from: ramini on January 08, 2018, 02:35:13 AM

Quote from: monkfishy on January 07, 2018, 07:00:11 PM

Lol day, I check it like every 2 minutes.

LOL, 2 minutes is too much. Mine is every hour or more since I have a full time job that prevents me to use phone.
Sometimes I just need some time to check my assets in my break time.

I check it like every hour.. I don't wanna miss every opportunity that comes to buy and sell my coins... I always sell when the price is high... and buy when the price goes down... I got Like 1-2 ETH per day doing just that...

Quote from: ramini on January 08, 2018, 02:26:27 AM

I do watch my Altcoin prices everyday especially Oyster Pearl PRL because I'm thrilled that this coin will give me financial freedom in the near future and also other coins' price are increasing so now I'm planning to quit my job and start Cryptocurrency full-time both short term and long term.

I already quit my job and start working in front of my laptop for cryptocurrency, it gives me more money than ordinary work at the government...

ramini

member

Activity: 126

Merit: 11

ICO Starting on 1st of April

Quote from: monkfishy on January 07, 2018, 07:00:11 PM

Lol day, I check it like every 2 minutes.

LOL, 2 minutes is too much. Mine is every hour or more since I have a full time job that prevents me to use phone.
Sometimes I just need some time to check my assets in my break time.

ramini

member

Activity: 126

Merit: 11

ICO Starting on 1st of April

Quote from: Farahtenan on January 08, 2018, 12:37:46 AM

No, it will only waste your time and create a focus. If I always set the initial price of either selling or purchase price, so everything already has the initial target in order to clear these benefits it brings.

You have a point to, it's up to you if you want to see how's the coins' price going to avoid focus diversion but in my own opinion I just can't resist to visit the page where I can see my asset value since I'm doing signature bounty campaign postings so if you're an investor and didn't participate in any bounty campaigns then you can choose to do other stuff.

ramini

member

Activity: 126

Merit: 11

ICO Starting on 1st of April

I do watch my Altcoin prices everyday especially Oyster Pearl PRL because I'm thrilled that this coin will give me financial freedom in the near future and also other coins' price are increasing so now I'm planning to quit my job and start Cryptocurrency full-time both short term and long term.

boom-time

newbie

Activity: 3

Merit: 0

I watch them more than I should, for sure.

Not planning to sell a couple of them, even if they triple overnight. Holding for at least 1 year.

(So, it is stupid to keep looking, but I do anyway)

As for stop losses, I wouldn't recommend them. I've had market makers walk the price down, take my shares,
and head back north again (in the stock market) and I'm sure it happens here in crypto-land as well.

Set mental stop-losses if you must, not physical ones.
Better yet, know what you are buying, if you have done your homework, a little tree shaking by the market makers
won't shake the coins out of your hands.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: joypark333 on December 29, 2017, 09:26:24 PM

Everyday, I watch the price of the coin that I have bought. But sometimes this could cause FUD or FOMO if the coin pump or dump tremendously. I sold my coins when I saw the price go up, but missed out the huger profit.
I think if you watch the price of your coin everyday, it will put pressure on your emotion.
Some people just buy it and don't think about it, which could be good or bad.
What do you think? Do you watch the price everyday? If not, how often do you watch it?
How do you feel before you watch it?

no im not,because im holding it for long term so theres no need to check it time to time,what im checking is the price of bitcoin itself so i may know whats the status for my investement to be updated.bitcoin price is always going up and down and no one knows what will happen tomorrow .so i better be aware of the situation.

lincolnmad

sr. member

Activity: 658

Merit: 250

Of course man, I always check and watch the price of some altcoins everyday especially on my investment on altcoins. Not only watch the price but also up date about the news and informations about the altcoins. So when something new happen, I can know first.

Farahtenan

member

Activity: 420

Merit: 10

No, it will only waste your time and create a focus. If I always set the initial price of either selling or purchase price, so everything already has the initial target in order to clear these benefits it brings.

nhanhzam

newbie

Activity: 52

Merit: 0

I made a personal portfolio on Excel and check like .. every minute =))
I'm just addicted to watching my money grow

) Feel like refreshing Excel is my new full time job lol

jonaire99

member

Activity: 588

Merit: 11

When you are planning to buy not just one or two coins in an exchange, you need to follow it daily. The cryptocurrency fluctuation is so fast and if you are trading several altcoins you must watch it continuously. It is so exciting to see the price of the coins you are trading goes up or mooning.

khungcuaso11

newbie

Activity: 182

Merit: 0

Quote from: krayzie32 on December 30, 2017, 01:48:34 AM

checking price everyday is the good way to check the market fluctuation. You have to catch the news to give the important decision. What's about the emotion? you have to accept and train your emotion under pressure if you wanna succeed.

Thanks pro!
Prices change constantly
There are too many different references.
It is difficult for new followers.
To succeed in the field of business must learn a lot, and need more time to accumulate experience.

Maxcrypto1990

jr. member

Activity: 54

Merit: 29

Yea I do, I know I shoudl'nt. Im holding, but the price development is just too exciting at the moment that I do find myself on tradingview quite often!

aannnttoo

member

Activity: 84

Merit: 10

i'm checked the altcoin price more than 5 times Grin

with mobile application (ztrader). market is unpredictable so set stop loss every trade, by the way i'm daily trader

paulsen

jr. member

Activity: 232

Merit: 5

It is not. I bought and then put up the price, after that, I go to once a week whether it has achieved the target or not. then too often open even later made a surprised.

inillo

member

Activity: 254

Merit: 18

Yes I do watch everyday. I have a varied portfolio and I need to know. I also take a look at the rest of the market to compare. Basically I do it with a portfolio tracking application and normally look for large drops or pumps.

monkfishy

member

Activity: 90

Merit: 10

Lol day, I check it like every 2 minutes.

Topic: Do you watch the price of your altcoin everyday? - page 18. (Read 2101 times)