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Maxtron73

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

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I invested in crypto market more then two hundred dollars and i checked market prices after hour's basis. And if market are manipulated then i watching market on live if i am free at home. Then i enjoyed the manipulation and pumps or dumps of crypto market.

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On 2/2/2020 at 3:52 PM, Romaan1987 said:

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. 

It is better to look at the chat atlest there times a day when you are trading daily trading or short term Trading, but if you are scalpers you are always on the trade

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I think you need to watch crypto price daily beacuse Crypto price regularly up and down, If you are profin in your crypto you can sell crypto. I think there are no specefic time to watch crypto

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If I agree with you using stop loss, the damage is much less. I see prices many times a day when investing in crypto. Because the profit on the price will depend on the loss. But you are right we do not need to double-check if we have stopped the stop. If the price goes up, it will not hurt if you get a good profit.

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On 2/2/2020 at 1:21 PM, 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 ?

Continuing to monitor prices all the time is tiring and causes tension and may lead to hasty and wrong decisions and get you out of the deal before making a profit. So I place my sell order and stay out of watch for hours while the deal achieves its goals.

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If you invest in crypto, in my view you must always watch prices. That is why you can not predict, when the price of coin will increase. It doesn't take a long time to check it.  

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When some one invest in crypto i think ge looks the price after every hour. But if you invest in trading then it means you are always keep looking on the price. 

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On 2/2/2020 at 1:21 PM, 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 used to do that all the time, constantly. When i woke up i was checking my portfolio. When i started cryptos, i couldn't even sleep because my heart rate was so high and i was full of adrenalin. Now i am checking from daily to weekly depending if i have important trade placed on the markets.

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I invest in cryptocurrencies I watch the price many times a day. I don't want to miss this opportunity, on average, about every 2 hours. so I have to watch more than 10 times a day. I don't want to miss out on any value or the best opportunity to buy and sell.

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15 hours ago, SuperCrypto said:

Continuing to monitor prices all the time is tiring and causes tension and may lead to hasty and wrong decisions and get you out of the deal before making a profit. So I place my sell order and stay out of watch for hours while the deal achieves its goals.

When you buy an asset, checking prices is more important than before. It is boring to keep track of all price changes per hour but this helps you to find the best moment for sell which can be hidden between hours not days. If we consider the fact that every day is 24 hours, then we can say, trading is like a lottery that is performed every hour or 24 times during a day. If you check prices every 12 hours, you may lose a reward that is between 9:00 AM and 10:00 AM. This is just an example. The only case in which you don't need to monitor prices continuously is when you decide to hold for a year.

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1 hour ago, Brushless4500KV said:

When you buy an asset, checking prices is more important than before. It is boring to keep track of all price changes per hour but this helps you to find the best moment for sell which can be hidden between hours not days. If we consider the fact that every day is 24 hours, then we can say, trading is like a lottery that is performed every hour or 24 times during a day. If you check prices every 12 hours, you may lose a reward that is between 9:00 AM and 10:00 AM. This is just an example. The only case in which you don't need to monitor prices continuously is when you decide to hold for a year.

But it is really tiring to monitor 24 hours so it is best to place an order at the nearest target when you want to go on a break and it is possible to remove the matter and monitor when you are in front of the screen.

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I look at the price of the mark every hour in the event that I entered into a trading deal and if not, I look at the price once a day


 

Life is great and enjoy it

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I never invest, I only rely on work within the trading field, but despite this matter I do daily viewing the price bulletin more than 30 times a day and I depend on seeing the price inside the blockchain portfolio


 

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This depends on the plan that I set for the duration of the investment. If the investment is daily, I will check the market every few hours. If it is a long-term investment, I may check the market once a month.

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Well when I trade using the scalping method, I stay in front of the screen until I finish my deal, and when I open a deal for several days and it is considered a swing trade then I may check the market once a day.

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On 2/2/2020 at 12:21 PM, Maxtron73 said:

but my question is how many times do you actually take a look at prices on that day; once per day , every hour ?

This I do it frequently when I am not sure with the market I look at it to make sure  that my place order is processed successfully with that I can check my order per hour

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If I am going to invest in crypto I will watch the price on internet until the price is down then I will buy crypto in cheaper price and I will hold them until the price is increase then I will sell them to earn big profit. 

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I usually check prices every day for 2-3 times, usually this is enough because I get notifications on my phone about price changes if it increases by more than 5-10%

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On 2/2/2020 at 5:06 PM, 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 check price according to the daily basis. I need to be up to date with the current market prices to make the further trading strategies. If the market is in highly volatile state, I check price in every hours to detect the change. 


 

 

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20 hours ago, AH108 said:

Coin Gecko 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. if you are a trader it is practice to check the prices not only every day by every minute.

If you trade on Yobit, only check prices in Yobit exchange. Coin Gecko or CMC are good for overall analysis but not for instant price monitoring because what is happening inside an exchange is a little different from what is announced in coin information websites. Yobit has a great Japanese Candle chart which is enough for me to study and predict the coins. I usually check this chart every hour during a day but if I own some coins, I will decrease my observing interval to less than an hour. Coins with more volume require more monitoring because they are more active.

Edited by Brushless4500KV

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If I invested in Crypto surely I will check twice a day. How the price is varying because it's my money which matters so I became little scared on the market movements. So definitely I will check it twice or thrice.

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On 5/15/2020 at 2:32 PM, Whited35 said:

I check price according to the daily basis. I need to be up to date with the current market prices to make the further trading strategies. If the market is in highly volatile state, I check price in every hours to detect the change. 

I check price all the time! Even if I'm not trading I still do it. I have a real time chart running on a tab on my browser and check price all the time. While I don't need to, I fear that I might miss opportunities. 

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19 hours ago, BTC Future said:

I check price all the time! Even if I'm not trading I still do it. I have a real time chart running on a tab on my browser and check price all the time. While I don't need to, I fear that I might miss opportunities. 

Good idea to be up to date with the real time trend in the cryptocurrency markets. So which real time chart do you follow to get real time exchange rates for the most of the cryptocurrencies ? I follow coindesk. 


 

 

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25 minutes ago, Whited35 said:

Good idea to be up to date with the real time trend in the cryptocurrency markets. So which real time chart do you follow to get real time exchange rates for the most of the cryptocurrencies ? I follow coindesk. 

https://bitcoinwisdom.io/markets/bitfinex/btcusd

 

This was used to be bitcoinwisdom.com which had been abandoned and replaced by the above, adding more exchanges, features, charting tools and more coins. I use it for charting as well, and although it lacks some tools, it still has most that I need.

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34 minutes ago, BTC Future said:

https://bitcoinwisdom.io/markets/bitfinex/btcusd

 

This was used to be bitcoinwisdom.com which had been abandoned and replaced by the above, adding more exchanges, features, charting tools and more coins. I use it for charting as well, and although it lacks some tools, it still has most that I need.

@BTC FutureThanks brother, have just bookmarked this site for the further references.It is really useful, showing comparative real time exchange rates on different top ranked exchange sites like Bitfinex, Bithumb etc. 


 

 

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