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Topic: Do you watch the price of your altcoin everyday? - page 18. (Read 2102 times)

legendary
Activity: 1358
Merit: 1000
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.
newbie
Activity: 26
Merit: 0
Ятoжe зaкyпaю  aльткoины, я cчитaю, чтo y нeгo xopoшиe пepcпeктивы и oн eщe взлeтит.
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.
full member
Activity: 490
Merit: 100
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.
member
Activity: 112
Merit: 10
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...

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...
member
Activity: 126
Merit: 11
ICO Starting on 1st of April
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.
member
Activity: 126
Merit: 11
ICO Starting on 1st of April
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.
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.
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.
sr. member
Activity: 714
Merit: 260
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.
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.
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.
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 Smiley) Feel like refreshing Excel is my new full time job lol
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.
newbie
Activity: 182
Merit: 0
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.
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!
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
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.
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.
member
Activity: 90
Merit: 10
Lol day, I check it like every 2 minutes.
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