Quote from: ancafe on Today at 02:12:09 AM

Quote from: Cryptomultiplier on July 28, 2024, 11:48:59 AM

One beauty about Bitcoin investment is that one doesn't have to stare at a computer all day.
As many as 40% of American jobs expected workers to pretend to be working while staring at a computer screen and faking a frown, before earning benefits as salaries from an investment of their time spaning into years, all day long.

If that's the only reason for you to run an investment in bitcoin then you should try working somewhere else that doesn't require looking at a computer. When we come to this industry, we may not initially pay attention, but as far as observation itself we see the issue of hedging from processes that are directly related to bitcoin and this power is what actually drives us to get involved further.

Personally, I keep monitoring my computer screen or smartphone to see the market movement towards bitcoin, although maybe not regularly every day. There is pleasure when seeing the market movement become greener and there is always accumulation when seeing a decline in the market towards bitcoin. The approach pattern is up to each individual's ability, whether it is used in the DCA pattern or others because when we have the opportunity, we definitely want to look for something more.

I would imagine that many of us are going to want to attempt to monitor our investment into bitcoin, especially if we are serious about it and serious to attempt to build it up and to even potentially try to keep track of how much we invested as compared to how our investment might be going up or down in value (price) with the passage of time.

There might be some points in which we might not really want to micro-monitor it, and surely some personality types are different than others in terms of their desires to keep track and/or to potentially look at bitcoin every day, once investing into it.

I know that sometimes if I am actively buying bitcoin, then surely I am monitoring it, and perhaps if the BTC price is going up then I might be looking at it fairly frequently, yet sometimes if the price is going down, I might not be paying as much attention unless I have some kind of a threshold that I am considering buying some more.. but otherwise if the BTC price is just bouncing in a range and not triggering me to buy and is not triggering my attention to see how much my value "on paper" might be changing, then maybe I will go through periods of not really looking at the price as much or the size of my BTC holdings or whether the value of my BTC holdings is going up or down.. .. but then also for years, I have had a system in which I will annotate the value of my BTC holdings as compared to various other assets and/or currencies that I have on a periodic basis, so sometimes, even if I don't want to look, I am forced to write it down (based on systems that I had already established for myself to follow).