As an investor, you have no business monitoring the market price; your main concern should be to accumulate as much bitcoin as you can. Although there is nothing wrong with following up on the price of bitcoin, the reason for this shouldn't be solely because of the bitcoin you have as an investment. You can choose to track the price of bitcoin to observe its historical movements. The truth is that as an investor you can't do without knowing what is happening in the market because the price of bitcoin is an integral part of discussions about bitcoin. However, for those who intend to hodl bitcoin, looking at the market won't make them sell because they understand where they are heading.
Yes, a Bitcoin investor must certainly focus on accumulating his Bitcoin, but monitoring the Bitcoin market occasionally is certainly not wrong with that action. Because, an investor must also know the development of the assets he has invested in, as well as Bitcoin. However, what may need to be underlined, when we monitor the Bitcoin market price, we should not be too complacent to the point of thinking about stopping routine accumulation or DCA and choosing the buy option only when there is a decline. In my opinion, that is the bad impact that can occur if someone is too complacent when monitoring the Bitcoin market price. So this is where we must be strong with our initial goal to continue doing DCA and not waver even though we like to see the Bitcoin market price every now and then. In addition, the worst impact that can occur if we are too complacent in seeing the Bitcoin market price is turning into a trader. And in my opinion, this impact is much worse. So we have to think realistically and must stay on the path we are taking, namely long-term investment in Bitcoin.