Have you not relented in viewing your account wallet? - page 3.

dunfida

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Quote from: gabbie2010 on December 02, 2019, 04:35:10 PM

Quote from: Congyang on November 28, 2019, 04:12:58 AM

Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

many people also do the same thing. I can even reach 1 week without opening a wallet. why should I do this? because it is useless to see the condition of the wallet but the price does not increase, this will only make disappointment.

I only checked the price of cryptos via blackfolio maybe thrice daily I never bothered to check my wallet as you rightly said its doesn't add anything if the price of that particular coin dumps definitely I would be sad and disappointed then but now I am unperturbed because I am very sure the price would recover whenever it dump.

Feeling of being disappointed is just a normal stuff for those people who have been holding some coins and btc into their own wallet.Due to current market condition,it cant really be avoided
for you to be stressed out to see a tanking or moving sideways of your holdings.

The feeling of got worried that the market might go even more lower is always there thats why its a stressful thing even if you do just hold and waiting and hoping for the market to become bullish.

When it comes to checking to my wallet.Im not doing it on daily basis yet i do check it only when i saw theres a big movement on the entire market.

john_nautica

full member

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for what often sees a wallet, I think only traders are entitled to do that because they work every day and the profits that go in and out of their wallets are always every day. so you can use your time for more important things than checking your wallet more often

gabbie2010

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SOL.BIOKRIPT.COM

Quote from: Congyang on November 28, 2019, 04:12:58 AM

Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

many people also do the same thing. I can even reach 1 week without opening a wallet. why should I do this? because it is useless to see the condition of the wallet but the price does not increase, this will only make disappointment.

I only checked the price of cryptos via blackfolio maybe thrice daily I never bothered to check my wallet as you rightly said its doesn't add anything if the price of that particular coin dumps definitely I would be sad and disappointed then but now I am unperturbed because I am very sure the price would recover whenever it dump.

South Park

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I am terrible at Fantasy Football!!!

Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

When it comes to the markets most of the time I cannot be a single day without checking the price of the coins in which I'm interested, but when it comes my wallet I only check it once a week, this has nothing to do with my confidence in my investments it has to do with the fact that I do not trust in hackers and I want to see that my holdings are safe, fortunately for me this has been the case for many years so it is almost a waste of time but I'm willing to waste it just to make sure that my coins are still there.

kanayaTabitha

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Quote from: bL4nkcode on November 09, 2019, 02:08:37 PM

You don't need to do that, not unless you're a day trader, you can just see the price of the asset you have on CMC or just see the current situation of the market which is a little bit green for alts but a bit unfortunate for BTC.

it's hard to totals the assets that we have if we hold more than 5 or 10 assets in one trade. We should have a portofolio controlled application like the famous one blockfolio that we can download from playstore which can help us to manage our trades and portofolio in structure.

gentlemand

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Welt Am Draht

Now I think about it I haven't checked my main bitcoin wallet for about two years. Not even sure how much is in there. I'd better see if it's still there.

There are also a couple of alts I haven't bothered looking at for well over two years. A few could well be officially dead. Can't be bothered to check those.

Cherylstar86

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Quote from: Quidat on November 18, 2019, 11:35:47 AM

Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

Same situation where i do already get tired on checking out my wallet everytime yet ive known that ive been holding btc
majority of my port yet i already converted out my alts to btc for 80% and had some 20% left on alts on my wallet.
Since the market is on sideways and doesnt have some significant rise up then thats the main reason that checking every
now and then isnt really that necessary.

Each of us are hoping and expect some tremendous pump on the different coins that we hold but unfortunately during the time we check it doesn't pump and in the worst case it's value getting low. Well, being part here is just to try our risk but somehow we just try it and nobody knows what will be come on the next days that might have a tremendous increase having a possible huge amount of profit someday.

Congyang

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Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

many people also do the same thing. I can even reach 1 week without opening a wallet. why should I do this? because it is useless to see the condition of the wallet but the price does not increase, this will only make disappointment.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: TIDOVEE on November 12, 2019, 10:44:10 AM

Many pretend to be very comfortable with the status quo, no matter our specialization be it, as mojor investor or trader.

People find ways to keep themselves off the trading habit by indulging in other work too. Not everyone is a full-time crypto trader here. They also trade stocks, shares, commodities, metals and so on. Many of us are into other alternatives income methods and even other have a day job to look after. Taking a short break from trading is productive and that is the reason why a weekend exists after a week. Wink

Quote

One will get bored when it is going one way. Only for those who are wealthy enough and have many other sources of income will careless about this dump

People who are wealthy enough will not be taking risk with their wealth unless they have some insurance over a loss. For bitcoin that does not exist. So they are more likely to not invest. As for whales of bitcoin, they pump and dump and then go silent. They are least bothered about the current price. They will take into advantage any price that exists.

its-a-me-mario

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Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

Well most good trading strategies will involve exit prices, you shouldn't be holding onto your coins if they're dropping below your target price. Use stop-loss orders to ensure that if the price goes below a certain threshold you can exit your position and convert it to cash or a stablecoin until you're happy with the state of the market again. Selling at a 10% loss then buying back in when you think its near the bottom is better than holding through a 50% loss.

jets567

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I only check my wallet once or twice a week using blockchain explorer to see if my coins are safe but I am updated on the news, development, partnership and price movement of the coin I hold. The market is still in a bad condition so there is no point on checking my wallet everyday but I'm very positive that the day will come when market become bullish again.

Quidat

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Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

Same situation where i do already get tired on checking out my wallet everytime yet ive known that ive been holding btc
majority of my port yet i already converted out my alts to btc for 80% and had some 20% left on alts on my wallet.
Since the market is on sideways and doesnt have some significant rise up then thats the main reason that checking every
now and then isnt really that necessary.

adroitful_one

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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

Quote from: topbitcoin on November 17, 2019, 12:21:40 PM

Quote from: jazmuzika217 on November 17, 2019, 11:16:47 AM

Yes you are right and I fee you everytime I checked my digital wallet I'm always disappointed to the coin that I invested. Sometimes I want to accept the fact that I am wrong to trust and invest on that coin and there is also a time that I want to encash it and accept the loss but I give more patience and hoping for another price increase even a break even I will accept it.

Maybe that is why some people at here said that they are not much see their wallet. Because maybe a lot of bad affect can come more than good affect in bear trend like this when we see our wallet. And more than sad, worse thing you might be want to sell your assets and take the loss because can't wait longer.

This is correct, that is the reason I try not to look at it every five minutes. It will lead to you wanting to cut losses and panic sell whatever token or coin you're holding. It's not a good idea to do that. Just hold onto it for a little while longer and you'll more than likely be in profit again. Checking it too often not only stresses you out, but ends up costing you money.

topbitcoin

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Quote from: jazmuzika217 on November 17, 2019, 11:16:47 AM

Yes you are right and I fee you everytime I checked my digital wallet I'm always disappointed to the coin that I invested. Sometimes I want to accept the fact that I am wrong to trust and invest on that coin and there is also a time that I want to encash it and accept the loss but I give more patience and hoping for another price increase even a break even I will accept it.

Maybe that is why some people at here said that they are not much see their wallet. Because maybe a lot of bad affect can come more than good affect in bear trend like this when we see our wallet. And more than sad, worse thing you might be want to sell your assets and take the loss because can't wait longer.

jazmuzika217

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Yes you are right and I fee you everytime I checked my digital wallet I'm always disappointed to the coin that I invested. Sometimes I want to accept the fact that I am wrong to trust and invest on that coin and there is also a time that I want to encash it and accept the loss but I give more patience and hoping for another price increase even a break even I will accept it.

daarul50

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Quote from: TheUltraElite on November 09, 2019, 01:30:16 PM

Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

-snip-

The more you check your wallet the more paranoid you will become about your money and the more stress will come into your system making you sick. Embarrassed

It is important to maintain a healthy mindset when trading or investing. The market has been bad for many people, agreed. But dont let that have a bad toll on your body. This cycle of anxiety of seeing your wallet and the depression that follows on seeing your coins do bad should be avoided. Maybe take a break from the market for some months?

PS: Move this to "Trading Discussion", if that is the topic discussion you meant it to be.

that is correct , you will tempted to take a big risk looking for quick profit elsewhere.

what i mean is that there is no harm indeed to keep looking at your portofolio continuously hoping for something big happened spontaneously but if you rethink about that , are you sure aware about the basic investment and or trading itself that at some point there is a stagnation moment where your funds will going nowhere but sitting there at the same value for long period.
if you do aware about this , you will ignore to checking your portofolio relentlessly and simply putting an alarm on certain price.

i do setting an alarm on coinmarcetcap in case coin A dropped xx% or coin B move up xx% , you will feel better doing this.

Beparanf

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Burpaaa

Quote from: DeathProxy on November 17, 2019, 03:09:36 AM

Checking your wallet every now and then can be worrisome and strenuous whsn you can easily monitor the price of your respective token through coinmarket cap or using price notification application like blockfolio to constantly monitor the price of your token without necessarily heaving to check your wallet at all times. Crypto market has not been so rosy this year many are disappointed with the outcome and failed predictions and price speculations but in all just hold on to your tokens their price will rise again

This year I only check my wallet about 2 to 3 times only, it's frustrating to check especially when it's about half or more than half left in what 2017 looks to what it is now. But in the end it's still our choice what to do, check the projects if still updated and still have chance to increase or stop holding it thru trading if the team is not longer handling it properly.

DeathProxy

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Checking your wallet every now and then can be worrisome and strenuous whsn you can easily monitor the price of your respective token through coinmarket cap or using price notification application like blockfolio to constantly monitor the price of your token without necessarily heaving to check your wallet at all times. Crypto market has not been so rosy this year many are disappointed with the outcome and failed predictions and price speculations but in all just hold on to your tokens their price will rise again

SquallLeonhart

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Quote from: TIDOVEE on November 09, 2019, 01:24:37 PM

It's been a while that the dump has persisted, many have hoped and predicted in several direction especially for the middle of the year till now and many have become so weary, their we're times I check my wallet like thrice a day, later twice, once and now a whole day I may not check. Most time like thrice a week, i'm sure i am not alone in this condition, how about you?

From a very long time now, I cannot remember when last that I checked my altcoin wallet because I have already given up on those coins that I have thee because the times that I have checked them, I could not really believe the amount of money that I am seeing all my investment drop to.

It is so much discouraging that I feel like just throwing away the wallet key, but it dawn on me that there was once a time in bitcoin time too when people felt this way and some gave up on bitcoin to the extent of even throwing their coins away, now this day, they are seriously regretting their action now, so I would not want same thing to happen to me in future again. So, I just left them there till the time that I will hear that altcoin bull run have started, but for now, I am only monitoring my bitcoin wallet.

gentlemand

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Quote from: TIDOVEE on November 12, 2019, 10:44:10 AM

Only for those who are wealthy enough and have many other sources of income will careless about this dump

I don't think it depends on how rich you are. It depends on how confident you are. If you're a true believer then dumpage will annoy you but won't rattle you. That belief may well be horrifically misplaced but that's what gets you through. Time and learning are the main factors in developing it.

Topic: Have you not relented in viewing your account wallet? - page 3. (Read 1030 times)