People look at the value of Bitcoin for a number of reasons. Paying attention to the Bitcoin market does not mean that recruiters sell Bitcoins. Checking daily prices means finding a very good time. This reduces the stress of long-term holders and increases common sense and motivates them to invest in Bitcoin, as well as they can relate to market dynamics. Bitcoin market is very volatile in nature, it can go up in a short period of time and fall in an instant.
Daily price tracking is not suitable for long term holders but I can definitely say that those who do daily price tracking can have a good idea about Bitcoin. Price tracking is not a bad idea especially to have a better idea of when an investor buys when he will have the opportunity to buy from the dip and when his profit will increase. Price tracking is not essential if one is a long term holder.
It's not a bad idea to do daily price tracking to see if the Bitcoin price is going to dip. Price tracking is a daunting task for any type of trader, but for those who do DCA on a regular basis, price tracking can help even more and who are intend to be long-term holders, price tracking focus on the accumulation of Bitcoins.