Topic: Bitcoin will rise during the Christmas holidays - page 3. (Read 502 times)
i do not agree with you. i think at christmas time people will use their money to buy gifts and go for a holiday. so chances are they'll be selling his btc and that's what makes btc down. but after christmas holidays btc will go up again. hopefully.
The statement that bitkoyn will grow in price for Christmas holidays, contradicts common sense. In all great holidays, people on the contrary do not invest their savings anywhere, but spend them on various purchases and gifts. Therefore, from this point of view, bitokoyn, most likely, will fall in price.
However, do not forget that his seven forks will now be held, which has always helped to raise his price. But bitcoin, as we saw during his recent growth, is generally poorly predicted.
However, do not forget that his seven forks will now be held, which has always helped to raise his price. But bitcoin, as we saw during his recent growth, is generally poorly predicted.
No one can really tell what might gonna happen to the prices of coins because we are in cryptocurrency world so it is volatile. I don't really know why it will increase its value during Christmas holidays. I Hope it will.
I think the reasoning is that, due to the holidays, families who hadn't seen each other in a long time get together, and one of the topics that are discussed is bitcoin, because generally one family member is investing in bitcoin. So the other family members decide to check it out as well. A similar effect had also occurred during thanksgiving.
Not because bitcoin rose in price in the last thanksgiving holiday and black friday it doesn't mean that it will rise this Christmas holiday too. If it does, I think it's just a coincidence. Some people might need money to buy presents, and some probably received money as presents. So there's really no way for us to know if the Christmas holidays has a positive or negative impact on bitcoin's price.
A lot of people are actually saying the exact opposite actually, as they think that during this time people are going to be cashing out as they want to be able to buy gifts for people in their lives -- but no one is to really know what people are going to do. It's not like any real research is being done on people, we're all just sitting here speculating.
I hope it does rise though, I've got a pretty high stake at the moment! HODL
I hope it does rise though, I've got a pretty high stake at the moment! HODL
any time bitcoin price will be increase, so buy and hold your bitcoin.
can you explain why bitcoin will even go up during christmas holidays? because if in thinking with logic, bitcoin prices should go down, because a lot of christmas needs to be purchased, so people need cash to spend, in the end they turn bitcoin into fiat
Bitcoin will rise during the Christmas holidays, just like it did during Black Friday/ thanksgiving holiday. So hold your positions.
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