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Topic: Staying on track with BTC prices - page 2. (Read 586 times)

hero member
Activity: 1400
Merit: 536
November 26, 2017, 11:07:20 AM
#16
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.
I check the Bitcoin price once a day, I usually check when I am available in the evening. For this reason, I am not stressed, I am constantly constrained by the fact that I constantly control the price. Because this effort is very stressful.
Ctn
sr. member
Activity: 644
Merit: 259
November 26, 2017, 10:52:49 AM
#15
Woha bro! If you are just stressed out by looking at the pumps and dumps of the prices of bitcoin then you are not made for the trading of the bitcoin. So the first advice for you is to get out of it and try to do something that doesn’t frustate you. I mean that fact, and people with emotional drama can not win the market of bitcoin, and no offence to that really.




I have been into crypto since two years now and I have seen the bitcoin going down 1000 times but also I have seen it coming bak up 1001 times! Yes that how it works and when it works like that then it creates greater opportunities for us and we can just make fortune out of it. I mean look at the brighter of side of this, you can shoot up your investment into bitcoin when the bitcoin is down and then you can shoot up your profits when the bitcoin is all the way high by selling it.




So take a look at the market and study it instead of making the fun for it. Stressing is not an option, rightful investment is the only option!





full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
November 26, 2017, 09:43:50 AM
#14
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.

I really don't like to look at the crypto market daily, it will only lead me to frustration just seeing red arrows or numbers. The moment i feel it, it's like I wanna sell my coins that is why I am not looking at it daily to ease that feeling.

Stressful or not you should've already known this from the start. If you can't keep up with pace why not just quit trading and invest in ICO or rather Bitcoin as it's rising recently. Predicting the price to rise is really hard and almost impossible, but there's some techniques in making a call, like you could join signal groups, there are many out there and for free, be sure to take note about the consequences as it may not always be right and accurate.

hero member
Activity: 812
Merit: 500
November 26, 2017, 07:05:24 AM
#13
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.

I am not,you must have strategy if the price down you can buying and when the price is up you can sell. Simple
full member
Activity: 168
Merit: 100
November 26, 2017, 06:37:28 AM
#12
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.

When prices go up and down everyday, that's the time for us to make some money. Volatility of crypto is what makes trading more risky but if you timed it precisely, you will earn better profit than trading on regular stocks exchange. Just focus on 3 or 4 pairs per day, you will find it very hard to keep up with the price of every crypto pairs.
full member
Activity: 2128
Merit: 180
November 26, 2017, 05:43:49 AM
#11
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.

Nope because I always set my target price when to sell or to cut loss. I analyze the market once a week but thing strategy is really profitable for me. If you are a day trader then you probably watch and analyze the price movement of every coin for you not to loose big money. Always trade with confident and don't trade with your emotion.
sr. member
Activity: 490
Merit: 258
November 26, 2017, 05:37:57 AM
#10
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.
I am sorry if I cannot paste the image here, however, yes you may check the price as often as you can... the secret is (though this is not 100% accurate in crypto) always find where the average_price and the average_volume meets; once they meet upwards you can expect the price to drop anytime soon, but when the two crosses at the bottom then that could be a signal when the price is about to go up. It's not a trick though, those are a few things that one must know when trading stocks. Sometimes it could be applied in crypto but not 100%... those two lines define the what we call "market psychology".
hero member
Activity: 3080
Merit: 603
November 25, 2017, 04:54:21 PM
#9
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.
When we are on the green days, it's enjoying and giving me a delight but when the price is going down it is literally stressful. I'm daily checking the price of bitcoin and also the altcoins that I hold. I need to do it since I'm having some stake for day trading and if I'm not going to check it out, I might miss some good opportunity of selling and buying. It's important to check the price but if you are just a long term holder don't do it.
hero member
Activity: 1078
Merit: 514
November 25, 2017, 04:46:34 PM
#8
I find it funny, but I check the price like once in two-free days. I don't feel any stress when I see the price is going down. Long term holding is that thing which can bring the most of profit and bitcoin always return and continue it's rise after every dump, so, no worries, just patience  Wink
hero member
Activity: 2870
Merit: 594
November 25, 2017, 03:44:02 PM
#7
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.

If you are a day trader, it makes sense to check the price everyday because that is your basis of you making the decision to buy and sell it in a matter of minutes. It might be stressful at the beginning, but day trader is already used to it and this is how they make profit. Get in the market make profit and get out quickly or re-invest it again on other coin.

But if you are just a casual trader and long term bag holder, you don't have to check the price daily. Personally, I just check it when I have the time. I have other things IRL to do besides posting and reading the forum. But I see that most newbies really are somewhat addicted to checking the price, but I don't know if this is a good thing to do at the beginning of your bitcoin journey.
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
November 25, 2017, 03:38:41 PM
#6
If you are really keeping the track of your investments or if you have some operations or trading orders opened on forex or in another altcoin exchange, then i dont see anything wrong about checking the markets.

Well, it is totally normal, if you have some money invested, would you check the prices or no? this does not even has to be answered because it is obviously that we all are constantly checking the prices in order to see if it X pair/coin is going down or not..

Another stupid question that has been asked in here, what a waste of time.
full member
Activity: 490
Merit: 100
November 25, 2017, 03:36:58 PM
#5
Probably you are a day trader, If iam right that is the stress that normally goes with day trading. If you are a swing trader that will not be your headache. Try swing trading to free up your self.
legendary
Activity: 1638
Merit: 1046
November 25, 2017, 03:32:50 PM
#4
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.
It would be depends if you are minute trader or hourly trader you should monitor the movement of the price of cryptocurrency..
But if you are long time holder you don't need to be update daily..
And i think there are tools that you can use to inform you about the movement of the price using phone.. this is much advantage..
sr. member
Activity: 1274
Merit: 263
November 25, 2017, 03:31:05 PM
#3
it's all depend on your strategist,if you're a daily trader of course you need to do that.
because if you do not do that you will lose your investment and you will not get an opportunity to get profit when that time comes.
checking and tracking the price is must if we're a daily trader because with it we can see the movement and market sentiment at the moment.
also we can make a move based on the movement,
something like cutting our losses or cutting the profits that we got from our asset.
for me myself i did it everyday,
but i do not make a daily movement because it's too much stress,just looking at the price daily to check the movement and growth
i stopped doing it because i felt something wrong with my healthy,we need to stay awake for hours and looking at the price in order to keep and get profit.
it would be better for you to stop it and find another solution,like weekly trade or quaterly trade or something like that.
if you can not handle it well,you will lose your investment and at the same time your healthy
sr. member
Activity: 409
Merit: 250
November 25, 2017, 03:08:07 PM
#2
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.

No, I am not.. Also I think it is little stressful..
Because all crypto value can change at any time.. So we cannot be predict all the time.
For this reason i just check when i want to trade it or exchange to other altcoin..
member
Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
November 12, 2017, 08:56:05 AM
#1
Do you guys check prices of crypto's daily? I'm finding it so stressful to predict and watch prices shoot up and down.
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