Tired of checking charts - page 6. | Bitcointalksearch.org

Nerman

full member

Activity: 364

Merit: 107

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 ?

Yes it is really exhausting to review the charts and if you this often you will really get tired of it. This is one of the reason why I can not do trading regularly. I know that clicking the buy and sell button will just take about a few minutes but of course before you buy or sell your coins you need to study what you are going to buy or sell.

Now for your questions of course holding is also profitable. It might not be as profitable as trading but it is safer and less time constraint.

Periodik

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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 ?

Gains, sometimes, have to come not as often as we wanted them. That is a reality in cryptocurrency. I guess you have already noticed it by now that the charts are not always green. There are a lot of times when everywhere you look at the charts, the only color is red. Don't be stressed with this. This is very normal. You stick to holding and wait for the market to turn green. It will, for sure.

Fasunathan

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Quote from: Paul23 on June 05, 2018, 11:17:56 PM

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 ?

-keeping my charts is a sign to have monitoring update about what happen in movement market in cryptoworl? and not worry about the negative moment result,,because it too stress to me if will drive feeling emotionaly,
-You cannot going to sleep in a comfort way because you saw the negative result of your chart,well is not a good sign of thinking negative path,because you attempt to selling your coin,immediately despite the market are in red ,that will cause you to make losses and mistake,to make aware of this condition ,let always think positive even the road of trading is not always fine due to is very volatile price and unpredictable,but take note if you hold the right coin and a long term, its possible to make your gain, Wink

We must avoid that in same manners as other traders did with their trading strategies. However its so hard to think of not being bothered by the price nowadays, because most of us wanted to earn sustainable price as we trade our tokens.

Moiyah

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Activity: 630

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Lol. Been tired of checking it too, every now and then. Yes, it is possible to still gain profits when you still wait for the best time frame from your indicators. There are times that indicators are hard to read and predict but just hodl it a little. Too much greed will not make any positive impacts. So I may advise if you are not sure about the charts and already gain 10-15% profits then, that's fine.

nydiacaskey01

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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 ?

For day traders and short term traders you have to check the trends from time to time since price of Cryptos change in an instant. That is the advantage of being a long term trader, you Buy, you hodl and Sell after you reached your target month or year. Checking the charts is needed too but not quite like day traders. If you will be out or no access to charts or your exchange use stop loss in case there is a sudden drop of price in the coin or token you are holding.

xuzukami

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Activity: 182

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Quote from: Coin-1 on June 05, 2018, 09:47:35 PM

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 ?

Checking a charts is a normal action. Just be calm. I check CoinMarketCap quite often. Wait for the better moment to sell, buy or re-buy some coins. In my opinion, HODL is not a profitable tactics today. You need to trade. Do you expect the skyrocketing of the crypto currencies? I think, not in this summer. Be patient.

I also regularly look at charts of fluctuations in the coin and their downward trend every day, but I know this will distract us from holding the coin for a long time, but each person has a personality. Different, difficult to change, so I always try to change.

Paul23

newbie

Activity: 117

Merit: 0

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 ?

-keeping my charts is a sign to have monitoring update about what happen in movement market in cryptoworl? and not worry about the negative moment result,,because it too stress to me if will drive feeling emotionaly,
-You cannot going to sleep in a comfort way because you saw the negative result of your chart,well is not a good sign of thinking negative path,because you attempt to selling your coin,immediately despite the market are in red ,that will cause you to make losses and mistake,to make aware of this condition ,let always think positive even the road of trading is not always fine due to is very volatile price and unpredictable,but take note if you hold the right coin and a long term, its possible to make your gain, Wink

Indrawan77

hero member

Activity: 1274

Merit: 516

If you dont like to read chart then you can aim for long term investment, its possible to make profit with long term investment or holding, but you still need to check the price once in a while, if you are not too good with trading then long term investment is better, rather than you force yourself to trade, the risk of losing money is big

Ems30

newbie

Activity: 196

Merit: 0

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 ?

-honestly keeping and checking my chart at regular, basically is to know the market moment and analized it,but there is no emotional intact because there is no helpful way to think the negative thoughts.
-And yet if your not sleep well anymore because your under negative emotional aspect,your mind is that likely to keep you awake,It can help to make a list before you go to bed of all the things you need to do first thing the next day so that your mind can feel things are taken care of,
-Just always positive is a great tool to became stressful-free in the moment you hold in some bet-coin,because we know that if you hold this and wait for your a long time,you can make sure that you have a profit, Wink

wantjokull

sr. member

Activity: 700

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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 ?

Do you know there are people (including me) who just follow simple methodology of trading which is buy coins when the market goes into bearsih trend and hold and wait until the market turns itself back on. As soon as this happens we can sell the coins with good profits for ourselves. Why even bother watching those complex graphs and technical analysis. That has become trend now days but I don't think it is really needed in the crypto space. This market is delicate and keeps going up and down all time.

thanhphank34

newbie

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Are you a day trader? Let's check with what do you want first Daytrader or Long-term holder.

The Sceptical Chymist

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Top Crypto Casino

If you're not sleeping right, you're doing something wrong with your trading and likely need to change it. Why exactly are you checking charts constantly? Are you trading altcoins or just bitcoin? I would also add that yes, you certainly can make money just by holding. Since bitcoin has been beaten down so severely in the past few months (since it reached its ATH), now is probably a decent time to get in and stay in for the long run.

My guess is that if you have to keep checking charts, you're probably gambling--yes, I'm calling it that--with money you can't afford to lose. That obsession to keep looking comes from the fact that you need that money you have in the market. Think about that and consider whether it's appropriate for you.

Shenzou

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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 ?

You don't have to check every second for the price to make good trades, it gets really stressful and it will lead you to making mistakes like panic selling when the price goes down, trading requires patience and nerves of steel and if you keep stressing out about missing a good point to sell than it will affect your overall life, there are a lot of apps and websites that will send you notifications whenever the price reach a certain point to keep you updated and not looking at the charts 24/7.

Coin-1

legendary

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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 ?

Checking a charts is a normal action. Just be calm. I check CoinMarketCap quite often. Wait for the better moment to sell, buy or re-buy some coins. In my opinion, HODL is not a profitable tactics today. You need to trade. Do you expect the skyrocketing of the crypto currencies? I think, not in this summer. Be patient.

Thaliaismyname

newbie

Activity: 92

Merit: 0

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 will keep my chart with no stressful feeling when I saw the market when it red line its ok,,,because I believe that market will recover after all,,,patiently waiting is also key to that way,,
-if you cannot sleep well anymore ,because you under control of your negative emotion ,,well is not good to your health anymore,
-To help relieve this condition/emotion ,you must create better mental stability and a more realistic perspective by forcing yourself to take note of the positives thoughts, like Keep a running chart of your wins, when things go wrong, It can also help to take note of what is going well in the rest of your life,,,maybe you might have lost money, but if your health is good and your family happy, ask yourself 'is it really the end of the world? of course not,,because holding method are also profitable if your select the good coin..

btj

member

Activity: 115

Merit: 16

I would check for the chart where the coin have high volatility especially in case of PUMP/DUMP.

But the general law is to buy RED and sell green (prevent buying in the PIC ... and you have to study your coin before investing on it)

karungbitcoin

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To do day trading i think we not necesary to check chart everytimes, i also doing day trading and only spend about 3 to 4 hours aday for it, just make sure before decide to buy any coin make analysis and make research first and after bought it, set the stop loss and take profit, and check it tomorrow. Over trading actually not so good, because make tired and boring.

summerbloom

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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 ?

-Remember in trading path some of them there is no always wins to those people are not patiently waiting,
-keeping and checking your chart under your pressure is not helpful to your health,you just accept to your self that, not all traders are winner,you must know that before you decide to enter in trading path by holding coins you can prepare yourself if you losses,to make aware and manage well your stress feeling, if that time will happen.
- Although holding method buy and sell is not too stress unlike to day trading method,
-It also possible to have you a great profit if you holding coin in longterm,but remember depend upon to your coin you have,

electron-coin

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Activity: 521

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It's your experience that keeps you awake. My advice is simple.
1. Make a plan before you buy a coin. You should have put the entry and exit point in earlier.
2. Learn to use stop-loss and take profits. So you will always be in the situation, in the framework that you set yourself.
3. Control your feelings and emotions. Greed, insecurity, hope for a high price, despair, etc. - these are your enemies. Your friend is a cold calculation. Good luck!

Kupid002

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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 ?

Yes its possible to gain just for holding a coin . And for the chart you dont need to look for it every day just download blockfolio and you will see real time price of each coin.

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