Topic: Bitcoin at Yuletide - page 2. (Read 393 times)
well it is not possible to speculate bitcoin like this in short term but all I can tell you that for the past 4 or 5 years that I have been on this forum I have seen that almost every year people start making the same speculation about bitcoin price drop close to holiday's with the same flawed reasoning about them selling their bitcoin "to take care of needs" but in the end we see that either no change happens in price or it rises up. although past performances don't guarantee the future trends but it is something to have in mind.
We are gradually heading to the festive period of the year, we are expected to use some of our bitcoin investments to take care of some personal and family needs. With the current status of the market do you see bitcoin rising up at the end of the year? Kindly give your reasons
Before the festive season starts keep in mind that there's also this Black Friday November 23 and Cyber Monday that will happen by November 26. Cyber Monday is most anticipated one because there's a lot of discounts or sale that will happen and available only online so if a site accepts Cryptos, most likely demand will increase for Cryptos on that day. If you have a domain hosted by Namecheap, there's a big chance that they will offer discounts for renewal. 
Crypto market is one of the most volatile thing in the world, and predicting accurately what will happen in this market is very difficult. Anything can happen any time in this market. The market has gone down, but it is maintaining a stability now. Hopefully it will go up by the end of this year.
we are expected to use some of our bitcoin investments to take care of some personal and family needs.
am i the only one who finds it really strange to see you talk about liquidating assets to "take care of needs"? it is like saying you will sell your stocks because it is the end of the year and you need to buy presents for the family members!
that doesn't make any sense to me. you either use the money you already have, the savings or the end of the year bonus or you take out the profit not the investment.
Hahhaha. Exactly, it looks like the OP has put his money on bitcoin market so that he can have a good Christmas season. However, things went for good to worst so the OP is really affected by the current shift of sentiments.
As others have mentioned, past performance doesn't mean future success and this is one classic example. Be flexible and don't rely on your investments so that you will have a better 2018 holidays. On the bright side, you still have 1 month to save and your Christmas bonus to burn.
we are expected to use some of our bitcoin investments to take care of some personal and family needs.
am i the only one who finds it really strange to see you talk about liquidating assets to "take care of needs"? it is like saying you will sell your stocks because it is the end of the year and you need to buy presents for the family members!
that doesn't make any sense to me. you either use the money you already have, the savings or the end of the year bonus or you take out the profit not the investment.
It still boils down to demand. If there's more demand then obviously we will see another break out run, unfortunately, it dried up so I don't see bitcoin making a good run this December. Its interesting to note though that the past couple of years, bitcoin seems to be very bullish specially at the end of the year but its going to be different this time. I advise you not to look at your bitcoin investments to take care of your needs during this holiday.
Exactly, its been trading sideways in the last couple of months and I think this trend will continue. Not unless there's news but I'm not seeing anything that will duplicate the craziness of 2017.
Sideways for a while longer. I don't imagine that there will be any action remotely like Christmas 2017.
Exactly, its been trading sideways in the last couple of months and I think this trend will continue. Not unless there's news but I'm not seeing anything that will duplicate the craziness of 2017.
There are only two months left before the year ends. There is no signal of a huge rise yet. We all would like to see a big increse in the price but there is a possiblity of that not hapenning this year.
That time has changed and even though historically bitcoin surges before the end of the year. 2018 is quite different from previous years because investors has become smarter and FOMO is already a thing of the past. Bitcoin price goes up every December,we shouldn't expect the opposite to happen.
Sideways for a while longer. I don't imagine that there will be any action remotely like Christmas 2017.
We are gradually heading to the festive period of the year, we are expected to use some of our bitcoin investments to take care of some personal and family needs. With the current status of the market do you see bitcoin rising up at the end of the year? Kindly give your reasons
What is Yuletide?Is this some kind of festival?
I believe that bitcoin might reach 10K USD by Christmass but nothing more.There are no signals for a massive growth and reaching another ATH.The bitcoin price goes up every December,we shouldn't expect the opposite to happen.
i dont know but there's no season when will the coin gain so much value, your just basing it off to last year price history, it might be different this year no one actually knows when will the price soars up, maybe when it starts gaining value like 1% increase everyday because that what happen last year it started off with 1% increase everyday, yeah it's just better to not assume anything.
We are gradually heading to the festive period of the year, we are expected to use some of our bitcoin investments to take care of some personal and family needs. With the current status of the market do you see bitcoin rising up at the end of the year? Kindly give your reasons
What is Yuletide?Is this some kind of festival?
I believe that bitcoin might reach 10K USD by Christmass but nothing more.There are no signals for a massive growth and reaching another ATH.The bitcoin price goes up every December,we shouldn't expect the opposite to happen.
We are gradually heading to the festive period of the year, we are expected to use some of our bitcoin investments to take care of some personal and family needs. With the current status of the market do you see bitcoin rising up at the end of the year? Kindly give your reasons
The problem with that argument is that time has change and even though historically bitcoin surges before the end of the year, for me 2018 is quite different from previous years because investors has become smarter and FOMO is already a thing of the past. And even if we have positive news coming like the Bakkt offerings, but we will have to see how everything goes. So just don't put high hopes for another all-time-high is what I'm saying and be prepared so that you won't be disappointed at the end of the year.
If you will just surf all over the forum to the right section such as Speculation, you'll see same posts and threads that are discussing about this.
What everyone says is just the same. "Bitcoin will rise at the end of the year", "Bakkt will start the pump", "Bear market's will end soon".
What everyone says is just the same. "Bitcoin will rise at the end of the year", "Bakkt will start the pump", "Bear market's will end soon".
We are gradually heading to the festive period of the year, we are expected to use some of our bitcoin investments to take care of some personal and family needs. With the current status of the market do you see bitcoin rising up at the end of the year? Kindly give your reasons
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