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Maxtron73

If invested in crypto how many times do you watch prices?

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As you are invested in cryptocurrency and you generally watch prices on internet on your preferred website or app, but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

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If invested in kipto, then I would see prices four to five times a day because it is my duty to look at the prices when it comes down to someone's price and when the price goes up it will be easy to make a profit.

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57 minutes ago, Maxtron73 said:

As you are invested in cryptocurrency and you generally watch prices on internet on your preferred website or app, but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

it all depends on our needs. if we become a trader then we need to check the price every hour, and for the investment they only need to check the price of the crypto where they invest once every day.

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If we invest or trade, we must monitor the movement of the market permanently and closely monitor prices in order to keep us up to date on the price of our currencies

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I have already invested in Crypto and daily i will keep open this sites like Coinmarketcap and CoinGecko and monitor them all day and While trading coins i see the charts given to study how the coins are fluctuating today up or down.

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1 hour ago, Maxtron73 said:

As you are invested in cryptocurrency and you generally watch prices on internet on your preferred website or app, but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

When you buy any cryptocurrency, you must concentrate on its value more than other coins. This is a very important step in any trading so you should check prices as often as you can. Checking only once per day is very dangerous because some coins may go down severely even after 12 hours. I think checking prices once per hour is enough but if you have access to internet you can check prices more because cryptocurrency market is filled with various coins and each time some of these coins may provide special earning opportunity that you should not miss.

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When I'm investing in Crypto than 5 to 6 times i'm see price because I want to do proper and profitable trading. Last I saw 5 times when I was doing trade. Price is update is very important and it help in trading.

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Actually I am too busy in my daily life routeen. So I have not aenough time to view prices again and again.  Usually I  watch prices 2 to 3  time a day. But I think its better  to view prices every hour if you want to be a professional trader.

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i think this is one of the things newbies end up doing as they are so excited about how the market goes and personally i just set my sell order and wait for it to be done.

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It's depends, If investing and just want short-term profit, I wacth it for every 1-2 Hours but for long term profit target i just wait and see for around 1 Days, Basically it's depend our strategies about which one we choose.

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Investing in cryptocurrencies I just check once per day, not time to time only I do that when I trading cryptocurrencies.. I usually check prices in coinmarketcap.

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You should watch the price every 30 minutes because the change of it's price is really fast, sometimes it will become high then suddenly it will be low. That's why you should keep your eye on the market to watch the price, because that is the best way to know when will you sell your cryptos.

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When I invest in a cryptocurrency I use coinmarketcap to watch the coin price on multiple exchanges about three times everyday until it reach time for me to sell and I don't use my mobile cause screen is too small for me to be analyzing all those charts.

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2 hours ago, Maxtron73 said:

As you are invested in cryptocurrency and you generally watch prices on internet on your preferred website or app, but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

I have invested in some coins and i checked them time to time.I can say i can check them 5 times in a day.

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You need to looks only if you are not using stop loss orders, but if use them then you will be already defined your target from the coin you are investing in and also set your stop loss order, so there is no need to look at the market many times. 

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I watch the prices a couple of times per day, just to keep me updated, i don't see a huge problem until there's a like a massive drop


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3 hours ago, Maxtron73 said:

As you are invested in cryptocurrency and you generally watch prices on internet on your preferred website or app, but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

When i was new to crypto and new to trading also, i watched the prices 10 to 15 times a day. But now i only see the prices once in a day or two days. 

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3 hours ago, Maxtron73 said:

As you are invested in cryptocurrency and you generally watch prices on internet on your preferred website or app, but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

if i buy for hold those crpto then i really don't care about the price, this can drop or rise and i don't give him any importance because i know that i will hold them for long time and i really think that the price will go up.

 

if i buy for trading then maybe i can watch the price 2/3 times a day but i have alerts active so if the coin reach a certain price my phone will notice me

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If you invest on some coins and then want to take profit or take it as full time careers then it's your duty to see the price all the time keep reminder for certain value  increase , actually if. I talk about my own i keep reminder and leaves it if the coin reach my expected value i sells them

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Watching prices many times of a day is also dangerous to mental health. Actually this creates a depression problem to mind. But if you are a strong person and doing only day trading then it is the requirement of trading to remain updated with prices.

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4 hours ago, Maxtron73 said:

As you are invested in cryptocurrency and you generally watch prices on internet on your preferred website or app, but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

I actually check the price four times per day because the value of some currency is not really stable. And checking the value or price can really help us especially when we are trying to trade. 

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If you have many things to do different from the cryptocurrencies, you can watch price after every three hours, but if you are free its more good to be active all the time in the market

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4 hours ago, Sharifur26 said:

I spend all day in cryptocurrency and have taken it as a career. After a while I see the value of cryptocurrency valuables, and the opportunity is actually traded. There are numerous times a day and at least three times per hour to see how the crypto currency is going to cost a coin. As a trader and investor, I do whatever I have to do.

If you are spending the whole day in the cryptocurrencies that's is the really good idea, but you have to make sure you spend the whole day with benefits

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