Post
Topic
Board Bitcoin Discussion
Re: Don't start your day by checking the price of bitcoin in the morning.
by
Toukexx99
on 10/10/2018, 13:01:54 UTC
Many investors get addicted to checking the price of bitcoin first thing in the morning whether it be they're semi-holders or HODLERS (aiming to hodl for a very long time) . I read somewhere in respect to the stock market stating that, 'many investors day is determine by the price of his/her investment, leading to a great start if the price is up and bad start if price is down", because they checked the price of their investment first thing in the morning.
Although this information was based on the stock market, I know it also occurs in the Crypto market therefore I decided to give this advice here to benefit members of this forum, "avoid checking the price of bitcoin immediately you wake up in the morning, by so doing you're subconsciously programing your brain to response based on the price of bitcoin daily and these isn't good for your health. there's no gain in having wealth without health because health is wealth.

Question for viewers, if an investor is struggling with this addiction (checking the price of bitcoin daily), what steps do you suggest he uses to overcomes it.


Edited: this is an advise to investors not day traders, findings have shown that day traders don't live long and majority of them develop High blood pressure over time.

Edited: advise is for bitcoin not some shitcoin wanna be bitcoin, if you invest in any of those, please check them every 5mins for that big pump so you dump lol Grin Roll Eyes

yeah maybe that can happen to the people who have been holding bitcoin since last year. I have experience that checking bitcoin every hour every minute and every day to see the bitcoin market.
every day I experience anxiety whether I have to sell it or hold it back?
will the price go up or down?
but for now I just have to wait until bitcoin reaches the top again.
it's true that you don't check Bitcoin prices every time, it will cause you to experience stress.