But yeah I think it's too addictive and might reduce your productivity. Maybe make it a habit to check in morning and before you sleep and not the whole day, that would be a start.
Topic: Don't look at btc every five minutes - page 19. (Read 2408 times)
I don't do it every 5 minutes, every 6 minutes is good enough for me
But yeah I think it's too addictive and might reduce your productivity. Maybe make it a habit to check in morning and before you sleep and not the whole day, that would be a start.
But yeah I think it's too addictive and might reduce your productivity. Maybe make it a habit to check in morning and before you sleep and not the whole day, that would be a start.
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
Totally understand this, especially now with the blockfolio and if you invest in altcoins alongside bitcoin the temptation to constantly check and scroll up and down is too much, I find myself doing it far too much, it would be much better if I just checked it maybe once a day or every couple of days, mentally it would be better.
a traders habit always see the price if he has a chance, even every 5 minutes. well, it has become a habit I feel, and it is a pleasure for them. I also felt that way. so I guess that's pretty reasonable.
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
Definitely this is the trigger on panic selling,we all know how volatile bitcoins and other cryptocurrency is,and changes from time to time maybe big or small can cause a negative mindset upon it,thinking that it will submerge more deep and fall more.So checking it frequently is not advisable unless your a type of person who sticks on holding
Yes but i want to look it every minute if it will pump. So i can forgot it and mind another thing
Great advise but that is actually part of human nature:avoiding being in the losing end,so most people want to as much as possible avoid that and so are always on the lookout out to know when to sell
Yes trading in BTC will be more profitable for swing trading or long term trading, and day trading is more difficult and we can miss big profit when the price of Bitcoin ATH. Day trading only for professional and expert trader who have good psychology.
For inexperienced people, trading can become very fast a kind of addiction, because there is a kind of childish belief that id we monitor the price all the time may be we can influence it. And the fear that - if we don't watch - something happen. It's no different from check every minute mail or facebook. Stop it.
yes stop it if you dont want to be panic after seeing the price run.
rather than check every minute or second, i would prefer to set pending order in how much you want to buy or sell of any altcoin.
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
If you do not want.to get hurt probably do not look at your blockfolio every five minutes because that will just gonna ruined upur self confidence especially when you see that ypur holdings are getting worst and not improving day by day just stay calm and dont be so aggressive just have a pot.of patience because it takes a lot of time before you can sell those holdings in a hugher price.
For inexperienced people, trading can become very fast a kind of addiction, because there is a kind of childish belief that id we monitor the price all the time may be we can influence it. And the fear that - if we don't watch - something happen. It's no different from check every minute mail or facebook. Stop it.
yes stop it if you dont want to be panic after seeing the price run.
rather than check every minute or second, i would prefer to set pending order in how much you want to buy or sell of any altcoin.
the person who used to look at the btc charts every few minutes he knows nothing about trading , he's investing in bitcoin without knowledge and no passion
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
The last few weeks bitcoin drop a lot at, and that time I never look at the blockfolio because every time I saw all the price of my coin I always end up to worrying, but I still believe in bitcoin and I know this will recover all we need is to be patient and wait.
I do not consider so. If the person cannot control his emotions and at drop in prices at once sells that it of his problem. I each 10 minutes look price of all
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
Thats a basic mistake and forces people to panic sell as indicated so please be calm
Mistakes can be light for newbie traders if they can take "lesson" by this mistakes. Traders should be able to control their emotions no matter how market goes crazy or calms down. Emotional trading can lead to mistakes mistakes can lead to emotional 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
Thats a basic mistake and forces people to panic sell as indicated so please be calm
It's totally true. 
. New trader or investor often feel nervous when the price of Bitcoin dump just a little bit so they spend all their time just to check Bitcoin price. It'll never help Bitcoin price rise back, it just make them feel more panic then if they can't stand anymore they'll become a panic seller try to cut their loss 
). Then they'll regret when Bitcoin price rise back to the moon again.
. New trader or investor often feel nervous when the price of Bitcoin dump just a little bit so they spend all their time just to check Bitcoin price. It'll never help Bitcoin price rise back, it just make them feel more panic then if they can't stand anymore they'll become a panic seller try to cut their loss ). Then they'll regret when Bitcoin price rise back to the moon again. 
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
Most newbies and the rest of people who invested bitcoin without any knowledge what they are getting into are the one who does this. Because they are afraid that they might lose their money. People should start thinking is bitcoin is a long term investment and they should erased in their minds that they won't be a millionaire overnight.I believe bitcoin is not stable for each and every minute it changes a lot for a minute because of it’s investors and traders they sell and buy bitcoin continuously it is the reason for not stablity in bitcoin,so bitcoin is depends on people.
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
Most newbies and the rest of people who invested bitcoin without any knowledge what they are getting into are the one who does this. Because they are afraid that they might lose their money. People should start thinking is bitcoin is a long term investment and they should erased in their minds that they won't be a millionaire overnight. Jump to: