Do I need to constantly monitor markets all the time as a daily crypto trader?

[Fidelia]

It takes just a split second for the crypto market to swing into any direction. For a person that trades crypto everyday, do you think they have to constantly monitor the market all the time to be able to place trades?

 

[Suba]

A crypto day trader does not have to monitor the market all the time, but must monitor it regularly, especially at moments that are considered important.

 

[eLdavis]

I strongly believe studying the market on a daily basis would definitely give you some level of advantage.

 

[neku]

Monitoring the market regularly will help in timing the withdrawal of crypto from some accounts and conversion into stablecoin to maximize the profit of the worker.

 

[Nomad]

If you are a trader, especially a daily trader, you need to monitor market constantly. The moment you see rise, you will have to sell it

 

[riberet19]

Not necessarily, this depends on the type of trader you are, but you really don't need to monitor the market all the time, I think checking it once a day should be enough.

 

[Webster]

It takes just a split second for the crypto market to swing into any direction. For a person that trades crypto everyday, do you think they have to constantly monitor the market all the time to be able to place trades?

Treat it like you would if you possessed stocks.
Monitor as needed and adjust where necessary; that's what I do if my $300 some odd dollars in crypto. I check every day to view how each crpytocurrency is going (for me, that's Bitcoin, Ether, Solana and 1-2 others) and unless there's major movement I tend to leave things as be.