Post
Topic
Board Bitcoin Discussion
Re: Never underestimate the powers of your Bitcoin.
by
Danica22
on 15/06/2025, 00:49:07 UTC

There is no point in checking the price of bitcoin when one has taken it as a habit to start monitoring the price of bitcoin. It is very difficult to invest in bitcoin and make something out of it. An investor who really knows what he or she is doing would never try to always check the price of bitcoin just to monitor it. But the truth is that those who are fond of monitoring the market while investing in bitcoin don't understand bitcoin and are not sure of it; they are only trying to see if they can make a quick profit. Real investors who understand bitcoin and know what they really want don't bother about the market; their main concern is to accumulate and hold bitcoin.
I understand the point that you are making, but do you think it's very easy to invest your hard-earned money, I mean your sweat and earnings, into something and not have a look at it often from time to time? I don't see that as something that's possible even if the money invested in it is relatively small compared to what the person has as a network.

There are days when you will randomly run into crypto news and will want to check your investment to see how it's doing. Even if the price is going down, you will not want to sell off because of how determined you are to hold. Sometimes you might be tempted, but your courage will tell you what next you will do.

Agreed, I also don't believe that those who are investing their hard earned money and the purpose of investing in bitcoin is to get rich but don't check the bitcoin price regularly. Easier said than done.

Or another scenario is that people may not check the price directly on the app or exchange but indirectly know the price of bitcoin through daily news and social media discussions. That way, they say they don't care and don't check the price but to me, they checked the bitcoin price.

As Bitcoin investors, we talk about it everywhere, all the time, and consider it a part of our lives, but to say we don’t care about the price or don’t check it would be a lie, IMO.