It's easy to give "advices" when you look from outside but when you are in action, every moment is hard for you and your every action can affect you a lot. So don't say so easily to not look btc every five minute.
And to be fair, panic makes this coin worthwhile for trading/traders. I would call panic to prise rise because there is a big hope of rising and it rises, without this hope it wouldn't happen.
Topic: Don't look at btc every five minutes - page 18. (Read 2443 times)
That's so true, watching the price every few minutes makes us want to panic sell the second we see a sell wall or short dumping happening which usually recovers in the next few minutes.
LOL. It's the big mistake that new traders often make. It's not help anything, check BTC price all the time don't help it rise to the moon as they want, it's just make them feel more nervous and panic. I know how they feel when they bough ATH cause I was also the same when I was new trader. But for now I'm a holder and I no need to check the price daily or hourly 
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) This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
I do not agree with your opinion. The nature of the investment job is that you have to track the altcoin that you invest in them. If you are really scared of the ups and downs of the price you should not do this job.All the qualities required of an investor are dignity and perseverance. We can not let the profits go away in just one minute. You know, bitcoin can increase to $ 1500 in just 5 minutes. Therefore, looking at the cost of the altcoins in every minute is right.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Wat about every 6 minutes instead?
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Wat about every 6 minutes instead?
Lol! Maybe that will do.
But seriously we can't blame ourselves for checking it often and this is the natural way our mind reacts to it and as traders this is all usual.
However, when the market is in real bloodbath and it continued for days I'll just take a break from my blockfolio and just come back after it all subside besides I always prefer to long term holding.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
wow this is just a simply but valuable advice,as myself always checking price everytime i have a chance and right,i mostly tempted to sell on panic and that attitude makes me do such action,having this in my mind now will help me lessen the chance of thinking this kind of issues.thanks to you mate for this oneAll the above, I am not guilty of 5 minutes checking
as that is a whole lot, but at least 12 hours or daily is good enough. Anyone who understands the importance of what they are holding in the long term and how huge it is going to become, will really not bother much even when checking the price.This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Wat about every 6 minutes instead?
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Yes! You have a point in this comment or post of yours. Some traders are getting panic of sellings their coins when they usually monitor the prices but I prefer to watch the prices at a long term trading. This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
I guess if it affects one's emotions in trading, then I guess the best thing to do would always be to not just look at the price. It is really difficult to see how the price of bitcoin is falling when one just invested in it. But, we all need to have faith in bitcoin that eventually, it will go back up again. So, we should all just have patience.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
I agree not to look out to bitcoin price in every 5 minutes because the time will be long for us to wait for the increase of bitcoin price. It really make us feel weak in monitoring for the price going up and down. We don't have nothing to do but to pray for it for the quick response to increase the price beggining this month. This is my only hope to be an instant millionaire for waiting time to pass by. Bitcoin is the only hope to meet my millions.
I have read somwhere that while trading and waiting for prices to increase you shouldn`t stare always at charts but make your purchase and go watch a video or drink a coffee, is is better for the mental health.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
I agree not to look out to bitcoin price in every 5 minutes because the time will be long for us to wait for the increase of bitcoin price. It really make us feel weak in monitoring for the price going up and down. We don't have nothing to do but to pray for it for the quick response to increase the price beggining this month. This is my only hope to be an instant millionaire for waiting time to pass by. Bitcoin is the only hope to meet my millions.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Lol. As you told no need to check BTC price every minute, Instead of checking every time we can use portfolio. If your going to do a trading better you can use this. It has option to set notification already for your expected price. Once you set the price, it will show the notification when it will reach that price. So do not worry about price pump or dump.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
yeah,this attitude will only brings you to panic or uneasy most specially when price is dumping..i use to do that wayback but when I realize that theres no need to do this,i stopped and from then i felt relieved..now i only checked my bitcoin once a day or sometimes i even forget it for a week because i am aiming for 100% income before i cash out. 
This is what I used to do - look @ the price every few mins. Don't do it guys - will only do you wrong, just do your normal stuff and only look @ the price every 1-2 days or so.
For sure, I'm always looking at the price of bitcoin as it rises or drops, it's up to you at the top of your money wallet so you can watch it closely.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
This is not a mistake, it is the trader's anxiety. When they decide to buy any Altcoin, they start worrying what will happen next with their investment. They started looking at it through the exchange web or CMC.Yeah right its not a mistake. I myself also experience this, its really hard for me those days the sleepless night and day of trading the bitcoin anxiety fever is really real. Now better stay away on your computer and just relax or anything or just turn off your internet connection haha.
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
This is not a mistake, it is the trader's anxiety. When they decide to buy any Altcoin, they start worrying what will happen next with their investment. They started looking at it through the exchange web or CMC. This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
So agree. Why do some need to check the price how many times a day? It not like we are going to be a millionaire in just a day. But instead stop to make it a habit and just surprise ourselves with our investment in long period of time like a year or years. We can check it randomly but not too redundant. Anyway, our investment will continue to gain profits even with the ups and downs changes in price. Jump to: