Post
Topic
Board Trading Discussion
Re: Don't look at btc every five minutes
by
no0dlepunk
on 13/04/2018, 07:20:34 UTC
This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
I definitely agree with you. You have actually made me realize how foolish am I to look at the price on the 12th of November in 2017; that was the first leg of the operation dragon slayer and man I sweat my blood out because bitcoin cash was pumping and the bitcoin was moving the other way. Every minute of me looking at the charts had made me suicidal because It was so damn difficult to transfer bitcoins from my ledger to poloniex, the fee was so damn high and the traffic was hell of a stuck. I wish I could go back to that day and I promise not to look at the charts very often - I would definitely HODL for long term. The lesson I learned in a hard way is to take it easy on charts and never trust the news. Believe in bitcoin, and that's everything that we need.