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Chart checking addiction - The psychology reason why we are always looking at our portfolio.

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by COINS NEWS 79 Views

Greetings from Portugal!

The reason why we keep checking our portfolio is a psychological effect called “positive intermittent reinforcement”.

Basically, it's based on traditional conditioning principles in psychology where an award is given for each successful demonstration of a desired action.

It's easy to assume that most of our crypto is far from their ATH, and that can cause some anxiety. If you check it more frequently, chances are that instead of being 35% lower than the ATH, you'll focus on being 10% higher since you checked last month.

Make your best efforts into self control in order to fight this urge. When you consider the psychology of loss and gain, your mental will always lose when you check frequently. By checking the price monthly or twice a month, you can see bitcoin's actual price movement rather than the random results of daytraders.

I would love to ear the community thoughts on this!

Thanks!

submitted by /u/Not_a__Lawyer
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