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.
Perhaps you are right but however your perception and other investors may not be the same and also your Decipline and ways to handle some unforseen circumstances may also not be the same in times of seeing the price of Bitcoin dropping, actually I'm saying based on the experience I had when I started accumulating on Bitcoin and by that time I had no much knowledge about Bitcoin so I decided to buy on a certain price so after then I continue watching the Bitcoin price to see how fast is going to move, so however it was not up to two weeks and the price falls below my entering point so as someone who doesn't really understand much about Bitcoin then I began to panic as the price continues to fall and it actually affected my emotions then. So it doesn't matter how well you can handle it but what matters is how most people who doesn't really understand Bitcoin will handle it if they continues to monitor the price movement of Bitcoin.
That's the reason I said is not mostly advisable to constantly be watching and monitor every price movement of Bitcoin on less you are a Lump sum investor.