how often do you check BTC price and how to cope with stress? - page 6.

imking

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Quote from: mikelexus on April 17, 2018, 10:53:54 AM

how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?

PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.

Thanks,
Mike

Twice a day when I check the value of the bitcoin. Once on the morning and before I sleep. I don’t get stress when I saw the amount of the bitcoin dump. For this normal thing. When I saw the value drop 10% I do is I research the reason why the value falls and after that move on. I continue to believe that value of the bitcoin will increase more than last year value and I very excited.

princebridge7

newbie

Activity: 177

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because I trade every day then I also check Bitcoin every day while following the campaign signature.

how to relieve stress is by playing video games and hanging out with my friends. because in this house many friends and one field table tennis for sports.

rachelia13

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Activity: 434

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Quote from: mikelexus on April 17, 2018, 10:53:54 AM

how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?

PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.

Thanks,
Mike

I'm having the same situation with you. I can check the bitcoin price even every hour when i'm not busy and i also monitor the price movement of ethereum too. If I do trading, I even can check it every fifteen minutes because i don't want to lose the opportunity to sell or buy due to sometimes there are situations where prices can go down and up without uncontrolled. Sometimes feeling stressed because by often monitoring the price makes me unable to maximized the profit because of the panic selling or panic buying. I tried to doing long-term trading by holding my coins so i did not have to monitor bitcoin price often, but it did not seem to be effective. I keep monitoring the bitcoin price whenever there is time, and I try not to feel stress because i think it has become a habit for me, so i will try to enjoy it.

Mr.ZODIAC

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Activity: 336

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Quote from: gabmen on July 07, 2018, 08:26:00 AM

Quote from: gamalzour on July 07, 2018, 02:22:09 AM

Quote from: ParadoxXx on July 02, 2018, 11:00:47 AM

I check the price only when it's necessary. Deal with the stress could be really hard, but things gets better as you gain experience in the cryptocurrencies ecosystem.

I mostly check bitcoin price once a day because I think it is enough. There is no need to check the price several times in a day. There are no huge pumps and dumps in the price on daily basis. If the price falls it will increase your headache. To avoid this headache don’t check the price every minute as many people do. It is just in vain and will not reduce your tension.

Yeah for a lot of people, seeing the volatility first hand can make you go bonkers. Especially if you're holding a coin that plunging in value. It may lead people to making very bad decisions

if today the market starts to show a good performance a little, it can provoke a certain excitement and many will rush to sell their coins. Of course, this will negatively affect the entire crypto-currency market and we will see the bottom again.

gabmen

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Quote from: gamalzour on July 07, 2018, 02:22:09 AM

Quote from: ParadoxXx on July 02, 2018, 11:00:47 AM

I check the price only when it's necessary. Deal with the stress could be really hard, but things gets better as you gain experience in the cryptocurrencies ecosystem.

I mostly check bitcoin price once a day because I think it is enough. There is no need to check the price several times in a day. There are no huge pumps and dumps in the price on daily basis. If the price falls it will increase your headache. To avoid this headache don’t check the price every minute as many people do. It is just in vain and will not reduce your tension.

Yeah for a lot of people, seeing the volatility first hand can make you go bonkers. Especially if you're holding a coin that plunging in value. It may lead people to making very bad decisions

MiXxe

sr. member

Activity: 462

Merit: 250

I check bitcoin price regularly like almost everyday to keep my eye on its price. Anytime its price my increase and I want to be updated everytime. As for the stress. I don't think I get stressed often. Stress causes sickness and will just make me look older and I don't want it to happen so I just make sure that I keep myself be optimistic.

dekcutbusu33

newbie

Activity: 166

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Yes if it's for me personally. I check the Btc price every day as a normal normal routine for me. It does not make me stress checking the weekly Btc price because I am serving my Btc for the long term. Because Btc is now more stable than ever and accepts that fall is a normal process in the world of kriptocurrancy but Btc will definitely pump as much as possible because people still believe in Btc.

Valzzz005

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Activity: 434

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Quote from: mikelexus on April 17, 2018, 10:53:54 AM

how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?

PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.

Thanks,
Mike

I for the most part check bitcoin cost once per day since I think it is sufficient. There is no compelling reason to check the value a few times in multi day. There are no immense pumps and dumps in the cost on regular schedule. On the off chance that the cost falls it will expand your cerebral pain. To stay away from this cerebral pain don't check the value each moment the same number of individuals do. It is simply futile and won't decrease your pressure.

letsfly

member

Activity: 350

Merit: 10

I only check btc price once a day or maybe every other day. It is less stressing especially if the price is going down. Now Im planning to check it twice a week or maybe once a week to avoid stress. I cope up with stress by thinking that the price will soon go up and everything will just follow.

gamalzour

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Activity: 566

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Quote from: ParadoxXx on July 02, 2018, 11:00:47 AM

I check the price only when it's necessary. Deal with the stress could be really hard, but things gets better as you gain experience in the cryptocurrencies ecosystem.

I mostly check bitcoin price once a day because I think it is enough. There is no need to check the price several times in a day. There are no huge pumps and dumps in the price on daily basis. If the price falls it will increase your headache. To avoid this headache don’t check the price every minute as many people do. It is just in vain and will not reduce your tension.

cryptoblue77

member

Activity: 472

Merit: 10

Some time i don't even check market at all, i even haven't checked market for more than a week. Just get yourself busy in other things and you wouldn't feel stress.

Tigerw

member

Activity: 448

Merit: 12

Quote from: KirilBit on July 04, 2018, 10:55:43 AM

There is a very simple way to help you solve this problem it is: "Don't check when BTC down price" And combined with that is using a BOT to notify you when the BTC up price. You will know when the Green trading floor and back, then try to forget about it.

if you use a computer for work, then apparently the bot will help you very well to monitor the market. But what are the possibilities for a user who uses a device with the Android operating system for trading?

Bitkoyns

sr. member

Activity: 1078

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I do not usually check the price because im focusing on how to earn more, price is just a number if you know how to have more coins. Checking price will always makes you stress if you are a holder so it is better to keep it and let tne time goes by.

KirilBit

jr. member

Activity: 61

Merit: 9

There is a very simple way to help you solve this problem it is: "Don't check when BTC down price" And combined with that is using a BOT to notify you when the BTC up price. You will know when the Green trading floor and back, then try to forget about it.

Saidmod

sr. member

Activity: 659

Merit: 250

Quote from: TheDarkRide on July 02, 2018, 10:27:04 AM

Quote from: Alexvid on July 02, 2018, 10:01:46 AM

Quote from: Gufeng on June 29, 2018, 06:50:54 AM

I can think, from my own experience, the more rare you check the prices the more calm you keep yourself. But if the price jumps significantly, and you haven't spotted it, it can cause a serious emotional problems Smiley

I agree that it's much better to check prices as fewer times as possible. You're constantly under stress when prices aren't as you hoped it would be.

Check the price rarely will help us to avoid panic and there are applications that able to give us an alert whenever the price of our tokens hit the appropriate value in our settings. With such applications we won't miss the opportunity.

The psychological thinking is the more we have monitored every bitcoin movement and we are not in marginal trade will have a bad effect particularly when we saw it from minute to minute falling unlike you are checking it every 3-4 hrs to know the trend of possible candles in next hours.

xclusiveguy

jr. member

Activity: 336

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I check it on a daily basis, but not every hour, mostly whenever I wanna buy some altcoins I do check the chart to see if there's gonna be a movement, because if it pumps much or dump much it's gonna affect the price of altcoins

ParadoxXx

newbie

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I check the price only when it's necessary. Deal with the stress could be really hard, but things gets better as you gain experience in the cryptocurrencies ecosystem.

TheDarkRide

sr. member

Activity: 476

Merit: 250

Quote from: Alexvid on July 02, 2018, 10:01:46 AM

Quote from: Gufeng on June 29, 2018, 06:50:54 AM

I can think, from my own experience, the more rare you check the prices the more calm you keep yourself. But if the price jumps significantly, and you haven't spotted it, it can cause a serious emotional problems Smiley

I agree that it's much better to check prices as fewer times as possible. You're constantly under stress when prices aren't as you hoped it would be.

Check the price rarely will help us to avoid panic and there are applications that able to give us an alert whenever the price of our tokens hit the appropriate value in our settings. With such applications we won't miss the opportunity.

Alexvid

newbie

Activity: 98

Merit: 0

Quote from: Gufeng on June 29, 2018, 06:50:54 AM

I can think, from my own experience, the more rare you check the prices the more calm you keep yourself. But if the price jumps significantly, and you haven't spotted it, it can cause a serious emotional problems Smiley

I agree that it's much better to check prices as fewer times as possible. You're constantly under stress when prices aren't as you hoped it would be.

Gufeng

sr. member

Activity: 560

Merit: 250

I can think, from my own experience, the more rare you check the prices the more calm you keep yourself. But if the price jumps significantly, and you haven't spotted it, it can cause a serious emotional problems Smiley

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