Post
Topic
Board Trading Discussion
Re: Checking crypto prices
by
bearexin
on 15/06/2018, 05:06:00 UTC
94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.
We need to check it daily because we have investment in crypto we all know that cryptocurrencies is volatile or changing always the price so we need check the market price daily if our investment in grow or not.
It is not entirely necessary for us to check the market prices everyday. Just like what you said it was an investment and an investment takes a long time for it to earn profit. Cryptos are so volatile that you will likely just end up stressing yourself out if you see that you are not even gaining especially at this current time. Checking the market prices daily are for those who do trading especially day trading. If you are an investor, better set a time or range for you to see if your money gain a profit or not.
It is very important to monitor market of your appointed or chosen coins or for which you desire because the market of cryptocurrencies are changing with the passage of time with change in demand and some other factors. Sometimes factors follow decrease trend and sometimes it follows increase trend. So you should monitor the markets before entering into the market.