Tired of checking charts - page 4. | Bitcointalksearch.org

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legendary

Activity: 2170

Merit: 1427

Quote from: zocipro on June 08, 2018, 03:29:47 AM

Then just stick to buy a trading bot and you will be fine during the next few months, only that it is always on losses, including those expensive bots of the entire cryptosphere (if you know about which one am i talking about)

First you advice someone to buy a bot and that hell be fine, and then you tell him that it only results in losses. That's pretty contradicting isn't it?

Mass produced bots (regardless of how cheap or expensive they are) work according to how the issuer of these bots want them to work. It grants the issuer a crucial advantage over you and all other buyers running these bots. I would never trust a third party bot with my funds, and I would definitely not recommend people to use something they don't fundamentally understand. Does that make sense?

Tired of trading means you are not capable of trading, so the simple solution is to quit.

Cryptostocks

member

Activity: 195

Merit: 10

It is normal in here, i used to hate to do the same, specially when i was doing a lot of Stock Trading during the last few years, it is normal of getting tired and sometimes dreaming about charts

nl247

full member

Activity: 518

Merit: 145

Quote from: siagh357 on June 06, 2018, 06:01:10 PM

That is the disadvantage of day trading. Keeping watch of your chart action can drain all your energy. You can substitute some of your time reading chart to reading news, so you can make a good analysis to your trades

Anyone who is tired of looking at the charts is not ready to day trade and in that case, it is even better to go for long term trading if such a person obviously cannot cope. Also, even day traders always have a target and they obviously do not use the whole hour of the day to keep focusing on the charts as that would set them up for a huge mistake if care is not taken. Not everyone can be a trader, so it is best to find what works best for you as an individual and stick with it.

Tynovten_

full member

Activity: 420

Merit: 101

If you hold a quality coin it is certainly the right thing, if not then it's the opposite. If you want to do daytrading so as not boring. Then do it in your spare time. Don't make your balance in coins if you're busy. Keep the dollar value you can buy whenever there is a potential coin. Hope you understand what i mean.

Ararbermas

sr. member

Activity: 1988

Merit: 283

If you're tired checking the chart then you should buy alt coin that has a potential in long term, 'cause i know you're talking about bitcoin chart. Lol actually the market nowadays is very volatile and unpredictable which you will become hasty especially doing short term , so must buy coin that has a tends in long term to prevent checking the charts time on time.

zocipro

member

Activity: 131

Merit: 10

Then just stick to buy a trading bot and you will be fine during the next few months, only that it is always on losses, including those expensive bots of the entire cryptosphere (if you know about which one am i talking about)

ocid

sr. member

Activity: 588

Merit: 256

if you trade on a daily basis, monitoring the charts is necessary at all times, so that the coins you trade can be profitable and avoid losses. but if you are tired of monitoring market price movements, you can opt for long-term trading and choose the type of coin that has the potential to survive for long periods of time

Willitivity

sr. member

Activity: 1190

Merit: 256

You don't literally need to sleep in the charts. Just make sure you have a tangible amount of some potential cons and hold on to them.
This time now is very bad, if you keep checking charts every minute you might end up in panic and sell off at a loss.
Best to check the charts less frequently on a daily basis.

bitcad4u

sr. member

Activity: 602

Merit: 255

You must have patience in trading.It's quite enough to check bitcoin price twice or thrice in a day.If you keeps on checked in single day.Totally you will get depressed.When the price is seems to reduce,wait till the price reaches low dip and buy some bitcoin.I use to check bitcoin price thrice in a day .

FrueGreads

legendary

Activity: 1582

Merit: 1059

Quote from: Johannson on April 19, 2018, 10:08:17 AM

How do you guys keep up with the charts?
Can't even sleep well anymore, if I stick to holding is it possible to make gains too ?

Of course it is. In fact I would dare say that it's the best approach to profiting from cryptocurrencies if you don't really know how to trade. Not all coins will work of course, and I would stick to only the well known projects, that do look like they have a chance to survive long term (like bitcoin and ethereum). As you get away from top5 or top10 coins, things get even more dangerous, but even after this last market correction, most people should still be in good profit.

whaawh

sr. member

Activity: 714

Merit: 251

Quote from: spyerf on June 07, 2018, 11:57:18 AM

Quote from: Johannson on April 19, 2018, 10:08:17 AM

How do you guys keep up with the charts?
Can't even sleep well anymore, if I stick to holding is it possible to make gains too ?

Grapik monitoring is a tiring and time-consuming thing. it also causes the loss of time for other activities. and this makes me think when holding long term, it gets better in terms of time and profit.

there would be a different situation in the crypto currency market, then users would not often visit the growth and fall graphs of the crypto currency. It seems to me that what situation will last for a long time and everyone will control the market, so as not to miss a good chance.

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: Johannson on April 19, 2018, 10:08:17 AM

How do you guys keep up with the charts?
Can't even sleep well anymore, if I stick to holding is it possible to make gains too ?

When you watched the charts and you are confusing on what to do, you make no decision based on the chart you are seeing, it would be better to stick with the long term trading. Hold and make a target. Don't sell if the target not yet reached!

spyerf

full member

Activity: 378

Merit: 103

Quote from: Johannson on April 19, 2018, 10:08:17 AM

How do you guys keep up with the charts?
Can't even sleep well anymore, if I stick to holding is it possible to make gains too ?

Grapik monitoring is a tiring and time-consuming thing. it also causes the loss of time for other activities. and this makes me think when holding long term, it gets better in terms of time and profit.

goaldigger

sr. member

Activity: 2422

Merit: 357

If you want to hold coins,make sure you buy some or continue to buy some without selling it for the right period of time about a month or year. Holding is ofcourse profitable too. If youre tired of seeing the charts and just rely on the time frame, you can do it on long term. You can check the charts seasonally or monthly just to trace and see your investment.

karthcrypt

member

Activity: 266

Merit: 10

“Revolutionising Marketing and Loyalty”

If you persist in your chart activities, you will soon get use to it and it will become pleasure rather than work. Holding Bitcoin long term has proven to be a solid plan for future profit!

bosimpson54

member

Activity: 271

Merit: 10

Quote from: Johannson on April 19, 2018, 10:08:17 AM

How do you guys keep up with the charts?
Can't even sleep well anymore, if I stick to holding is it possible to make gains too ?

I think that in order to be able to communicate and trade publicly, you need to follow the chart regularly to find the point in the order and combine with the market information to be able to clearly articulate that and target the target. . The market is constantly fluctuating and difficult to guess, so you need to have the exact determination before the transaction.

Rubick99

member

Activity: 484

Merit: 11

Don't look the chart every time, that will make you haven't timed to rest for daily activities. Just patient and let's work to waiting for this until end of this year. Use an app that makes you easy to check it like blockfolio or tab trader.

777Jolami

member

Activity: 700

Merit: 14

Quote from: Blessed J on June 06, 2018, 03:32:37 PM

The first thing I do every morning is for check how the prices are going. There is no need to be disappointed if chart is going down. As a holder, you should set a target price and time frame you wish to hold your tokens and when that time is not due, you should continue holding. The good time will come for you to smile.

I find that trading day takes a lot of time for investors to watch the market move without a proper investment strategy so many investors will spend the whole day tracking the chart. . How to set an alarm when the coin reaches the goal set for your trade is great and I think many other investors should learn.

siagh357

newbie

Activity: 143

Merit: 0

That is the disadvantage of day trading. Keeping watch of your chart action can drain all your energy. You can substitute some of your time reading chart to reading news, so you can make a good analysis to your trades

fempat

member

Activity: 331

Merit: 13

I'm as tired with charts as you are. But recently I began thinking about using trading bots. I don't really know its effectiveness but I'll definitely try it out. You can do so too.
However I'll still keep up with the charts once in a while so things won't spiral out of control.

Topic: Tired of checking charts - page 4. (Read 649 times)