Post
Topic
Board Speculation (Altcoins)
Re: Do you watch the price of your altcoin everyday?
by
mwaqar17
on 24/05/2018, 22:36:43 UTC
Everyday, I watch the price of the coin that I have bought. But sometimes this could cause FUD or FOMO if the coin pump or dump tremendously. I sold my coins when I saw the price go up, but missed out the huger profit.
I think if you watch the price of your coin everyday, it will put pressure on your emotion.
Some people just buy it and don't think about it, which could be good or bad.
What do you think? Do you watch the price everyday? If not, how often do you watch it?
How do you feel before you watch it?

It's actually the state or experience of a person that matters for watching the price of alt coins. Usually a new trader watches prices many times a day. Whereas an experienced trader keep an eye on the market, how it is going up and down instead of watching of altcoin price.
In my opinion one should wait for sometime after buying altcoins or it will be more better if your forgot  for minimum 4 months after buying then you can get huge profit.