However in times of Bitcoin accumulation and holding is not mostly advisable for an investors who doesn't really understand the potential of Bitcoin to always monitor the price movement of Bitcoin because they could easily be influenced by just a normal price consolidation thinking that the price is about to fall without knowing that the price doesn't just moves straight without consolidating at some certain zone at times.
There is nothing wrong looking at the price movement of Bitcoin consistently. I like watching at the price, so that if price goes down that's great. It will give me more time to accumulate since i just started accumulating Bitcoin. However monitoring the market doesn't mean I dont have lots of confidence in Bitcoin and also downturns dont bother me because I understand the nature of Bitcoin. For those who have long invested in Bitcoin for 3 to 4 years now I think having a good feel for the market can help you know when it's time to sell a little and take that sweet gains.