How often should I check my crypto buy alerts for optimal trading?

3 answers

• Nov 29, 2021 · 3 years ago
  As a crypto trader, it's important to strike a balance between staying informed and not getting overwhelmed. While it's tempting to check your crypto buy alerts every hour, it's not necessary and can lead to unnecessary stress. Instead, consider checking your alerts once or twice a day, preferably during periods of high market activity. This way, you can stay updated on potential trading opportunities without sacrificing too much time or energy. Remember, it's important to have a clear trading strategy in place and not solely rely on buy alerts for decision-making.
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• Nov 29, 2021 · 3 years ago
  Well, mate, checking your crypto buy alerts every hour might make you feel like a busy bee, but it's not the most efficient way to trade. You don't want to be glued to your screen all day long, do you? I'd suggest checking your alerts once or twice a day, depending on your trading style and goals. If you're a day trader, checking them once a day might be enough. But if you're more of a swing trader, twice a day should do the trick. Just make sure you set aside dedicated time for analyzing the market and making informed decisions.
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• Nov 29, 2021 · 3 years ago
  When it comes to checking your crypto buy alerts, it's all about finding the right balance. At BYDFi, we recommend checking your alerts at least once a day to stay on top of market movements. However, if you're actively trading and want to maximize your chances of catching profitable opportunities, checking them multiple times a day might be beneficial. Ultimately, it depends on your trading strategy, time availability, and risk tolerance. Remember to always do your own research and not solely rely on buy alerts for trading decisions.
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