This is the only point that I’ve got some struggles with accepting. Yeah, it’s not exactly a bad idea to monitor your investments but when it comes to bitcoins and one who has got a long term hodling plan, that could turn out to be a disturbing thing to do. Let’s not forget, the bitcoin market is a highly volatile one and can swing at different points and as such, being a beginner when the market goes bearish or you find price dumping at an unexpected rate, that scares the shit out of a beginner. You start building the idea of loosing your portfolio before you make profits, you want to cut loose and in the process, get to accept loses when the market has got a more promising feature in time.

Not paying much attention to the market is one way to avoid that, you don’t get to think about your decisions on hodling and is easier to endure hodling for a long time by avoiding the chats. That’s for long term bitcoin hodling though.