Post
Topic
Board Bitcoin Discussion
Re: Beginners, you don't need Bitcoin first
by
Inwestour
on 04/08/2023, 13:50:38 UTC
It is a bad habit and not only newbies have that addictive habit. Unfortunately, it is not easy to get rid of any bad habit after you fell into it and get addiction. Looking at price charts are very interesting with newbies and amateur traders as they feel like they will die or will lose in trading if they don't look at the chart every minute.

They don't know a secret fact in trading, a more times you look at price chart, the more psychological impacts on your trading and the more you will easily make emotional positions for your trades.
I'm talking about this and say that this habit is not only for beginners. I can understand that this may be necessary in the case when a trader wants to follow the chart so as not to miss a profitable trade, although reminders can be used for this, but for long-term investors this is not necessary, just buy bitcoin and forget about your investment until the news won't start screaming that bitcoin hit 100k.

Yes, there is such a factor, long-term monitoring of charts is very tiring, which is why I like being an investor.  Grin