Have you not relented in viewing your account wallet? - page 4.

TIDOVEE

sr. member

Activity: 1246

Merit: 255

Quote from: TheUltraElite on November 09, 2019, 12:30:16 PM

Quote from: TIDOVEE on November 09, 2019, 12:24:37 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.

Each time I check on people's response, being sincere that the dump makes one depressed is what I love. Many pretend to be very comfortable with the status quo, no matter our specialization be it, as mojor investor or trader. 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

Dart18

sr. member

Activity: 1400

Merit: 259

I have the same kind of condition before. Thrice is so little for me. I go for like 10 times a day to check my account just to see check every crypto that I had.
While some of them are in exchange, of course you will need to be careful with that. While waiting I am looking at the price history.
Good thing is, while doing it you can start trading.
You just need courage. This is to get away from boredom which is included when you are a holder of many coins.

pamsugas

sr. member

Activity: 1092

Merit: 255

the same thing that I experienced when checking the balance of one third of the value ran out, but still calm, many people believe that crypto can grow at the end of the year. my advice do not check the balance value because it is very painful. better relax and never check the balance until the end of the year.

slaman29

legendary

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Quote from: acdc on November 10, 2019, 04:48:47 AM

In 2017 I check my wallet 3 times a day and I'm really happy to do that. Now when the market is in decline, I only check my wallet once a week, sometimes I do not check my wallet for months.
But I'm still here because I believe in the market and in the coins I hold. I try to earn more BTC as much as possible, hopefully by 2020 the school will grow and I will earn some money.

Only 3 times? Haha. I actually kind of check it all the time, but not because I open it. I just set so that every time I open my browser, the page that loads is a block explorer with my wallet address, not to check the price, but to make sure no transactions are happening that I never asked for;)

I think that's just the same as always patting your pocket to feel your wallet!

mersal

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Activity: 1204

Merit: 38

Honestly I won't check the value of my holdings in my primary wallet because I am having this for future usage so whatever the value will be it will stay there but on my other wallet which I have been using for various purpose linked with my native value so I will check one or two times a week.

ashmodeus

hero member

Activity: 1638

Merit: 518

about primary wallet ?
well , i never checked since march 2019 , just btc inside Cheesy

and also i never make payout transaction from it, so i guess that's safe perfectly.
on another wallet , of course that exchange wallet i checked it everyday, hodling short term,days trading.

desticy

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Activity: 1512

Merit: 292

www.cd3d.app

Checking your wallet too often will not lead to anything good. But nervousness can be earned easily.
But the point is not in the wallet verification itself, but in the reasons that prompt you to look there again and again.

Most likely, these are unjustified expectations, which we all suffer to one degree or another. But you have to be realistic.
If our expectations were not fulfilled, then we expected too much, that does not correspond to reality, we were mistaken. You need to accept this and move on.

I set up a series of notifications using the tabletrader program, and I sleep peacefully.

Hamphser

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Quote from: Asmonist on November 11, 2019, 08:28:53 AM

Its really unresistable sometimes. We need to check or monitor it everyday especially if we are checking how much is the value for the moment. Its just a click away thus making it more accessible and irresistable to check. Sometimes, you just have to resist it just to skip the moment or having that time of unwinding from anything that can hamper your mind.

You don't need to do that all day if you are not a day trader, i often check the price only if i am speculating. I know it's a bit hard to resist watching them over and over again but time will come that you will get tired of doing that because you know it wouldn't do anything to the current price.

Asmonist

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Activity: 756

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Its really unresistable sometimes. We need to check or monitor it everyday especially if we are checking how much is the value for the moment. Its just a click away thus making it more accessible and irresistable to check. Sometimes, you just have to resist it just to skip the moment or having that time of unwinding from anything that can hamper your mind.

X-ray

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Checking like that is just a waste of time if you are just checking your assets worth you can just set a price alarm and move on. Being too paranoid like that will burden your mind with unnecessary thinking and tires yourself of nothing aswell while the truth is that wont change even the slightest price movement or if you are concerned regarding the security 2fa is the way to go. Im myself right noe rarely checking my wallet simply because of the thing I mentioned above.

rodel caling

full member

Activity: 952

Merit: 104

I am stupid if I saying I didn't relented everytime I view my wallet specially the coins I buy year ago until now there have no good feedback into the coin market cap. Anyway we need to accept and understanding is part investing in crypto, let's keep patiently control our emotions there was time crypto currency back into reality as expensive currency.

Polar91

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Quote from: TIDOVEE on November 09, 2019, 12:24:37 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?

I tend to open my wallet atleast once a month (the hardware wallet). I used to open it in order to update the software (Ledger Live) thus if they have new features, I would be able to experience it. I don't check it daily or weekly since I intend to store it in a Ledger wallet for a long term hold meaning thus whatever happens to the market, I'll keep holding and that's shouldn't be changed.

Theb

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Activity: 1680

Merit: 655

This is not a very good practice on opening you wallet several times a day especially if you don't have a safe and secure computer or at least a clean one, with your uneasiness you are just opening yourself for your wallet to be compromise more. I would rather see some updates about the prices online or if you really can't handle opening your wallet I would suggest you download an app like blockfolio which can mimic the amount of crypto you have and their current market value, there are also browser-based portfolio management websites if you just want it in your browser. As for what you are experiencing yes you are not alone and I think the best way to deal with this is try to learn and be better on the next trade you will do because really everyone of us here can learn from our mistakes.

BigBos

sr. member

Activity: 1974

Merit: 450

Seeing your wallet will only make you more stressed if the situation is not what you want. honestly, I make a wallet when I will make a transaction, and compared to the wallet, I prefer to look at the price chart.

I am not so stressed with the current price decline, however, I only hold popular coins. other than that, I'm pretty sure the price will recover soon. so, stay relaxed, buddy. don't make stress yourself out by hoping your assets will increase in the near future. focusing on your work can make you forget your wallet for a moment.

Oilacris

hero member

Activity: 2996

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Quote from: TIDOVEE on November 09, 2019, 12:24:37 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?

You aren't alone and im 100% sure of that thing because we are all in the same situation on this very unpredictable market.Some do only held off BTC

and some do have some alts into their bags.So checking up your wallet is an inevitable thing mostly because you wouldn't know if such price increase
moment would be there or not.

leowonderful

legendary

Activity: 1624

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Bitcoin FTW!

I also used to obsessively check my wallet balances and their equivalents in fiat currency a few years ago, but I've mostly gotten used to the volatility that occurs with crypto and I only check my wallet(s) maybe once a week now, or if I notice there's some truly significant price movement happening. Crypto's volatile, and that's what you sign yourself up for when you get into it. You'll get used to it eventually.

It's also possible you have too much invested if you're obsessively checking your wallet. Consider how much you're risking, and if that's too much, take some out. If you've got a little less invested and you have less to lose as a result, you're likely going to worry less.

Landak

hero member

Activity: 1386

Merit: 503

Last year I still often check my wallet. for now at least 2 times a week I check my wallet, hoping there is a token that has been listing on the market, just like 3 months ago (I am shocked) there is a token that has just been listing on the market and is worth around 100$ (when the project is a year has passed there is no progress) really feel very lucky.

gentlemand

legendary

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Welt Am Draht

I got over obsessive price checking many years ago.

I enjoy guessing current prices based on the thread titles here.

I enjoy a weekly check of my numerous alts just to see how fucking pathetic they still are and they rarely disappoint.

acdc

sr. member

Activity: 939

Merit: 256

In 2017 I check my wallet 3 times a day and I'm really happy to do that. Now when the market is in decline, I only check my wallet once a week, sometimes I do not check my wallet for months.
But I'm still here because I believe in the market and in the coins I hold. I try to earn more BTC as much as possible, hopefully by 2020 the school will grow and I will earn some money.

adroitful_one

legendary

Activity: 1568

Merit: 1041

1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

I've got a couple paper wallets I haven't even checked in years.. I don't even remember the balances on them. I did at first, but after a while, I just kind of forgot about them. It's a better idea to just put them away somewhere and forget about it. You will drive yourself crazy with the volatility that crypto brings if you check it everyday to see how you're doing.

Topic: Have you not relented in viewing your account wallet? - page 4. (Read 1070 times)