Does it make sense to monitor the cryptocurrency market constantly?

Started by Crewingtop, Jul 23, 2022, 01:34 AM

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CrewingtopTopic starter

There is an opinion that it is not necessary to be monitor cryptocurrency news and prices every day, but you can check it out once a week or less.
What do you think, which is better?
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siyajoshi

If you are inti–ľately engaged in crypto trading, then there is no way without daily news and analysis. In other cases - for information.
I am daily - but I look at the course - not more often - I just wait for the growth - the main coin.

Holders just need a monitor program (service), that will watch the course .
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sujitbikash

I dabble a little in that topic myself. And I use a graph. Everything is simple with it - nodes are tokens and nodes are exchange coefficients. When transferring tokens through nodes H, we convert them by a coefficient. We set the initial condition, say, 150 bits and just look for the results of all paths, or rather, all cycles.
That is already an algorithm for finding the shortest path on a graph, only the "brevity" function of the path rather maximizes rather than minimizes.

Alas, I'm still in the process (and I'm rather exploring graphs more with the possibility of further applying it in neural networks, not trading), so I can't say yet about the speed and, in principle, the expediency of such an approach.
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Ravio

Of course it makes sense. So many jumps can happen in a day.
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arthyk

Looking for what purpose to do it. If you have previously invested in any cryptocurrency in the long term, I think once a week will be enough, or when important news comes out.
If you are trading on a crypto-exchange, well, there are no questions - even with long-term trading, say, on daily candles, it is unlikely that something will keep you from constantly monitoring the course. :D
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