Just trust the process. Bitcoin value is so volatile that it might be hard to control yourself, but do keep in mind that it has always corrected and that it has survived this far and soared this high.
That's not to say don't check at all though. It would still be wise to check a few times every now and then. Just try not to obsess over it. You're in it for the long term, so today's dip likely won't matter to you a year or two from now.
Topic: Stop compulsive chart checking? (Read 1621 times)
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
I did that once too, even I am not a daytrader too. Remind yourself that charts are not everything there is in trading. Lots of news and stories affect the dumping and pumping of bitcoin. Tell yourself that you are holding that coin for a long term, it has a great project and I am holding it because I believe it will increase more in the following months. Just like a mantra LOL. Get yourself busy at reading things and other stuff and go away with your laptops or gadgets. How can I convince myself not to keep looking at the market charts multiple times per day?
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
How can I convince myself not to keep looking at the market charts multiple times per day?
I think it's common, and commonplace. we are almost the same, always look at the graphics on the screen. really annoyed. but that's the human nature, I think there's always the fear and the desire to see up on the chart
Recently I started to sometimes do the same thing, but not every day. In 2014-2016 I was able to easily forgot about the price for months, but this year things became interesting. I'm a holder and mostly interested in finding an opportunity to buy more at the dips.
So far, 2017 has been full of surprises and we all are expecting more breaking news. If someone wants to get benefited from bitcoins then he must keep an eye on the changing prices or else he can skip a golden chance. However, there has not been much change in the prices for last 24 hours. 
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
How can I convince myself not to keep looking at the market charts multiple times per day?
I don't see any problem in looking the charts multiple times per day, though maybe at some point if it becomes and urge and uncontrollable then maybe you should set a goal and a date when to check the market trends in that way it would be more exciting for you. Also try to focus on other factors in your investment aside from market charts like current events and news related to coins to divert your attention.
I dont really like trading. I only invested for bitcoin and allcoin. it looks easy than we should focus on trading. too much time to start trading.
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
How can I convince myself not to keep looking at the market charts multiple times per day?
belief is a symbol of trust. but anyway you see a graph like you play in forex. I think it is not much different. if you are more experienced of course you will know what step you are taking. it's all about knowledge and research. dont forget it takes patience.
for me, I dont really see the graph, I just follow the pattern of market and global development, then I make sure with the graph.
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
How can I convince myself not to keep looking at the market charts multiple times per day?
You dont have to, if you dont want to. Since I enter to this cryptos world, Checking a market and price become habits. I dont force my self to do it, but because I want to. If you planting some plants, dont you wanna see its growing every day. Or if its withered, dont you wanna know whats happening and why thats happen?. you're a long term investor, I think maybe you dont want to check it everyday, because if you do it, you'll have feeling will lost money if the price dump ,isn't it? If that so, good luck to find a way to convince yourself.
I have the same problem. It is the first thing I do in the am and most evenings. I am also trying desperately to curb it. Sound advice.
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
I have noticed that habit is one of the habit that most new traders pick up when trading, they keep on checking the chart like watching the chart is going to give them profit in the new second, they end up wasting precious time. How can I convince myself not to keep looking at the market charts multiple times per day?
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
That was the most stupid behavior I picked up or put up when I was still learning how to trade, and I think it was due to the fact that I was nervous and was scared of losing my money to the market then since I was using my pocket money to trade at the early stages. How can I convince myself not to keep looking at the market charts multiple times per day?
Recently I started to sometimes do the same thing, but not every day. In 2014-2016 I was able to easily forgot about the price for months, but this year things became interesting. I'm a holder and mostly interested in finding an opportunity to buy more at the dips.
I used to be like that, I guess curiosity and nerves plays a big part in it.
Just give it time and you will start losing interest slowly and only check every now and than whenever you remember or think about it.
Just give it time and you will start losing interest slowly and only check every now and than whenever you remember or think about it.
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
It’s a normal thing for new traders or scared traders, you are probably just too bothered about your chances of How can I convince myself not to keep looking at the market charts multiple times per day?
making profit or losing your money, but that shouldn’t bother you, you find other things to do get yourself busy.
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
I think to stop that very crazy habit all you have to do is to get yourself engaged in other fun activities as this would take off your mind from checking the stock chart and other stuff like that, it is a very bad habit so you better drop it. How can I convince myself not to keep looking at the market charts multiple times per day?
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
How can I convince myself not to keep looking at the market charts multiple times per day?
You dont have to, if you dont want to. Since I enter to this cryptos world, Checking a market and price become habits. I dont force my self to do it, but because I want to. If you planting some plants, dont you wanna see its growing every day. Or if its withered, dont you wanna know whats happening and why thats happen?. you're a long term investor, I think maybe you dont want to check it everyday, because if you do it, you'll have feeling will lost money if the price dump ,isn't it? If that so, good luck to find a way to convince yourself.
I have the same problem. It is the first thing I do in the am and most evenings. I am also trying desperately to curb it. Sound advice.
Am pretty sure I have no idea wat u this post is about but if you are talking about saving for long term then o guess you could have sent a simple message.
How often u doing that? I think it is normal and even good for u 
It's such a bad habit. The suggestion of just setting an alarm for certain prices is a really good one but if you're like me, curiosity just gets the better of me and I like to keep my eye on the markets.
Lol, this is just a description of me.. It just happens to me every Sunday, that is my free day and i am here in my home the whole day, so i am in the computer almost the entire day.
And i check the charts at least 1 time per hour, i can not stop doing that, i think it is a TIC, just because i cant control it..
But during the week i just check the charts two times a day max, i dont use to see them usually.
And i check the charts at least 1 time per hour, i can not stop doing that, i think it is a TIC, just because i cant control it..
But during the week i just check the charts two times a day max, i dont use to see them usually.
I'm not a day trader - in it for the long term.
How can I convince myself not to keep looking at the market charts multiple times per day?
Risk only an amount you don't care about. That's all, you won't keep looking the charts because it doesn't matter. If you only want to hold, then it's enough. Time will tell. It won't gain really high profit for you, but you won't be disappointed if anything goes against your position.How can I convince myself not to keep looking at the market charts multiple times per day?
"Don't care about" might be not optimal, as people start caring about money pretty quickly - even hundreds of dollars are big enough to stop risking for many people. It's better think about investments in terms of worst case EV - lets say you can afford to lose $1,000 - then you invest $2,000 but promise yourself to sell if the price will go down 2 times lower from the one you've bought in. This will be much more profitable than investing $1,000, because you will have more coins in the first case. The downside of first method is that it is more likely that Bitcoin will drop 2 times than that it will drop to near zero, but I think the difference is not too big, because the chances that it will continue growing are much higher.
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