The idea is good as a newbie trader. People usually keeps on checking on there investment whenever they put significant amount of money in a coin that they don't afford to so lose. But this only applicable for long term investment goal and not through a casual trading because you will need to really check your investment in regular basis to make sure that the progress of the project is still good.

There's an instance that the project is falling or announce bankruptcy. They just give a due date to trade the tokens and the token will be useless after that. So if you are a long term holder without checking, You will be just disappointed if you open it after waiting a long period of time.