Few Days To Christmas - How Are You Preparing? - page 2.

Yatsan

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In this industry, for sure many people are planning to enter or invest now that the market price is still low. But to those who are hesitating, they are not sure with the length of time to wait for the recovery to occur in this market which is just normal. On my end, I am just gathering capital for January to be prepared if incase there will be signs of recovery. Well, there is a chance for an uprise movement but I doubt it is bigger than the tendency to stabilize at a certain price point.

Quote from: buwaytress on December 23, 2022, 06:27:34 AM

Quote from: TravelMug on December 22, 2022, 07:12:30 PM

Why not take a little pinch out of our bitcoin stash this Holiday and make it a special one even if the market is worst or the financial landscape around the world is at chaos. At least you got the money to enjoy with the families and bring food in the table for them.

Others might have different perspective though, they don't want to touch their bitcoin and will rather have this so called "delayed gratification".

So to each its own I guess, "Different strokes for different folks".

Yeah, if you know you're already going to get gifts, maybe Bitcoin itself is a nice gift? I sent to 2 couples, their first Bitcoin, just a small amount that they're free to spend if they want. Holding's nice but spending gives you return much later, and that's cool too -)

Delayed gratification is awesome!

Well, wow. Bitcoin for a gift? that's too expensive, would be better if you'd have screenshots as proof. But in line with this instance, there are chances that couples might spend that amount outside this industry depending on what kind of couple they are. Some would for sure won't give that much of attention given how low the market still, is.

Rruchi man

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Quote from: Fivestar4everMVP on December 19, 2022, 02:21:57 PM

Don't sell your Bitcoin to buy stuffs that will perish few days or weeks after Christmas.

Christmas is a time to give back, this is what I have always believed, Today the 23rd of December and I sold a little fraction of my bitcoins to support my close friends in providing free medical outreach to people in need of it.

They have been able to put together a team of medical practitioners for this outreach, I feel happy knowing that my bitcoins has been able to assist in helping people get some healthcare.

buwaytress

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Quote from: TravelMug on December 22, 2022, 07:12:30 PM

Why not take a little pinch out of our bitcoin stash this Holiday and make it a special one even if the market is worst or the financial landscape around the world is at chaos. At least you got the money to enjoy with the families and bring food in the table for them.

Others might have different perspective though, they don't want to touch their bitcoin and will rather have this so called "delayed gratification".

So to each its own I guess, "Different strokes for different folks".

Yeah, if you know you're already going to get gifts, maybe Bitcoin itself is a nice gift? I sent to 2 couples, their first Bitcoin, just a small amount that they're free to spend if they want. Holding's nice but spending gives you return much later, and that's cool too -)

Delayed gratification is awesome!

SOKO-DEKE

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Quote from: uchegod-21 on December 23, 2022, 05:14:03 AM

Same with my thoughts and what I have done. No one knows tomorrow and even no one knows where the economy is heading to.
Christmas in my country try Nigeria is a period when people show love buying gifts for friends, families and relatives. It is a period when people that travelled for greener pasture comes back to dine with family. Selling some portions of bitcoin to enjoy this special season is not a bad idea. If you keep saving your bitcoin when exactly will you use it? That is not how Satoshi asked us to use bitcoin.

You're telling the truth, really. Nobody knows what will actually happen tomorrow; we only have thoughts of what we will do in the present. As for me, I don't see anything wrong with selling some Bitcoin to celebrate Christmas, which only occurs once a year, if someone doesn't have any way to celebrate it. It is preferable to occasionally have fun so you can make yourself happy than to constantly worry about the future.

Everyone is aware that we are in a bear market and that it is not a good idea to sell your Bitcoin assets at this time because the cryptocurrency market has declined significantly, but that shouldn't stop you from purchasing some items, especially if you are spending money on things that will make you happy.

uchegod-21

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BTC, a coin of today and tomorrow.

Quote from: TravelMug on December 22, 2022, 07:12:30 PM

Why not take a little pinch out of our bitcoin stash this Holiday and make it a special one even if the market is worst or the financial landscape around the world is at chaos. At least you got the money to enjoy with the families and bring food in the table for them.

Others might have different perspective though, they don't want to touch their bitcoin and will rather have this so called "delayed gratification".

So to each its own I guess, "Different strokes for different folks".

Same with my thoughts and what I have done. No one knows tomorrow and even no one knows where the economy is heading to.
Christmas in my country try Nigeria is a period when people show love buying gifts for friends, families and relatives. It is a period when people that travelled for greener pasture comes back to dine with family. Selling some portions of bitcoin to enjoy this special season is not a bad idea. If you keep saving your bitcoin when exactly will you use it? That is not how Satoshi asked us to use bitcoin.

TravelMug

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Why not take a little pinch out of our bitcoin stash this Holiday and make it a special one even if the market is worst or the financial landscape around the world is at chaos. At least you got the money to enjoy with the families and bring food in the table for them.

Others might have different perspective though, they don't want to touch their bitcoin and will rather have this so called "delayed gratification".

So to each its own I guess, "Different strokes for different folks".

CryptoHeadlineNews

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Quote from: Fivestar4everMVP on December 19, 2022, 02:21:57 PM

We have just a few days to Christmas, so I guess now, it's Okey if we start wishing everyone a happy Christmas in advance.

This is a season when we all need money for various expenses like buying children Christmas apparels, shoes and anything that will make them look good.
Buying stuffs for ourselves to probably show off to neighbors, family and friends how wealthy we are and all that.
Spending lavishly on food and drinks that might end up perishing the next day if everything is not consumes in 24 hours or less..

We need money for several stuff this festival period, yeah, but it is a simple advice I've got for the crypto community which you are part of, Don't sell your Bitcoin to buy stuffs that will perish few days or weeks after Christmas.

That's equally a good advice, but It's never a bad idea, celebrating Christmas in a way that you can afford to, because you literally don't need to lavish more than you can afford to spend, as Xmas is just a one day something. Moreover, selling your Bitcoin to celebrate ones in a year with family members and friends is not a bad idea, because what if eventually something happens to you. The Bitcoin will be lost while you have gone (die). So it's better to celebrate the little you can with family and friends now that you are alive

Ultegra134

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I generally avoid interfering Bitcoin with my daily life/routine. Christmas is no different. Bitcoin hasn't enabled me to celebrate any differently just because I may do better financially. I'm also trying to approach a more minimalistic way of life; hoarding stuff you don't use or need is exhausting and a waste of resources; thus, I rarely resort to binge buying clothes or other items, even during Christmas celebrations. Don't get me wrong, I'll buy a few gifts for my parents and significant other, but I won't go on a shopping spree. With that being said, I'm not spending a fortune, nor do I spend more than I can afford; thus, there's no way I'd liquidate my Bitcoin. I've adopted a way of thinking that involves completely ignoring its existence.

Kemarit

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For me I have bitcoin that I've been holding and I will wait till the next bull run to at least see how profitable it will be.

But there are bitcoin that I'm willing to sell, just to enjoy this Holiday with my families and friends. This is the time wherein we should enjoy the fruits of our hardship for the whole year so there's nothing wrong with selling, but you still have some that you HODL for the next all time high.

So again, don't make it hard for yourself, just have fun and take it easy this Christmas.

Welsh

staff

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Christmas is a time of family getting together, and how much money, gifts or Bitcoin you have is highly irrelevant in my opinion. Has Bitcoin allowed me to celebrate Christmas in a bigger way? Not really. We've never really focused too much on the gift giving, and all that. What matters is the people that's there for me. So, ultimately I've prepared for Christmas like I have before I had Bitcoin. Bitcoin hasn't really changed a whole lot of the process for me.

I'm sure some people have benefited from Bitcoin, and therefore have been able to celebrate a little more lavishly than before. Each to their own I say.

uchegod-21

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BTC, a coin of today and tomorrow.

Quote from: Fivestar4everMVP on December 19, 2022, 02:21:57 PM

We have just a few days to Christmas, so I guess now, it's Okey if we start wishing everyone a happy Christmas in advance.

Don't sell your Bitcoin to buy stuffs that will perish few days or weeks after Christmas.

Why then lose your Bitcoin for items that perishes in such a short time?

To some people this is a good advice but to some people this is not the best advise.
There are people who bought bitcoin for long so that it will appreciate by Christmas to give them money to spend. To those people they don't your advice. Money is made to be spent, if they want to spend it they shouldn't be restricted.
I have sold much myself to send to family and friends so that they will look good and eat good foods. This is a period of merriment.

CryptSafe

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Preparing for Christmas is fun you know but it would be nice spending according to your level. Do not spend to impress or to opress someone because you just might not know what the turnout of event would be. Christmas to me is everyday because there is more to me waking up every day and being grateful for yet another day and sufficient abundance. I am not trying to neglected Christmas as not important please but I believe it was a day set aside for the celebration of the birth of Jesus. If you must spend fir preparations, try to see you have a reserve because January is yet another season itself and you know how it feels to have spent everything and entering another with no remedy or backup plans.

Queentoshi

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Quote from: gabbie2010 on December 21, 2022, 05:16:55 PM

I don't think it's a bad idea withdrawing or exchanging some Bitcoin to fiat and spend it on Christmas stuffs if there isn't any alternative source of income, this is yelutide season which is synonymous with giving out some gifts to our love ones, to the poor and gifting Christmas hampers etc. Christmas it's only celebrated once in year it's a joyous occasion celebrated globally, thus this is not about throwing some Bitcoin away, but taking out some bit for personal enjoyment and merriment after working throughout the year, Merry Christmas 🌲 in advance to forum members.

Christmas is a special celebration and I also do not think that it is bad to have a budget of some bitcoins that you would sell off to make the occasion memorable both for you and your family. The thing is just try as much as possible to keep your spending moderate and don't overdo or over sell out some coins to finance your celebration. Christmas did not come suddenly so it definitely means that you must have been making financial plans for a while about that day to avoid or reduce the pressure of needing money to spend.

WatChe

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Quote from: CryptoPanda on December 21, 2022, 04:32:09 PM

I’m not against using bitcoin as a payment method, I completely support the use of bitcoin to pay for goods and services. It’s the purpose of bitcoin as a currency afterall. I just do not think selling bitcoins in bear market to spend on Christmas is a smart decision. Tbh I think Christmas is a business not a religious holiday as originally intended, it’s the largest economic stimulus in the world. They do it every year so they can sell their merchandise. Christmas generates trillions of dollars every year and I would prefer not to add my bitcoins to the statistics.

Every religious event generates business, The famous Greek Philosopher said "Man is by nature a social animal, an individual who is unsocial naturally and not accidentally is either beneath our notice or more than human." I don't think its something bad, since people buy new stuff for themselves and gifts for there loved once. In my country people used to wait for such events to buy new clothes, shoes and other stuff. In short such events bring happiness.
In my country Bitcoin is not legal so we cant use Bitcoin to buy any stuff.

Blawpaw

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Unfortunately, I will have to go to work on the 24th and die to my schedule I have still havent had time to prepare for christmas. Apart from a few gifts and a wiskey bottle I still have a lot to prepare. This means that Ill have to get out from work on the 24 and go looking for what is still missing. Even so, I believe ot will be a better christmas than the previous ones as at least there is no covid regulations to separate my family, so this year all the family will get together. This will be the best gift, for sure.

xSkylarx

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We all have our preferences when it comes to Christmas, others will celebrate, give gifts and spends money so that others will be happy. There is also not celebrating it as it is just an ordinary day. If you saved your bitcoin for this kind of holiday then nothing is wrong with it as that is your goal for the whole year but it doesn't mean that you need to sell all, just save some of it so that you can use it for an emergency. You can spend your bitcoin whatever you want as it is your money but moderately

borovichok

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Quote from: GreatArkansas on December 21, 2022, 10:55:06 PM

I remember before, like every Christmas holiday, there are a lot of people claiming that Bitcoin will dump because people will sell some Bitcoin to buy presents for someone, so a dump is expected, but every time I hear that what happening is the opposite.
So for me, this is becoming a theory now.

The market will always move against our plans and we should always prepare plan B incase of this happen. I don't follow the rumours, instead I listened to the price actions of the market. Bitcoin can still keep dipping till January but this Christmas, we would be expecting either a slight dump or heavy pump. This year is one of the most terrible year in the Crypto space where we witnessed so many failed projects and scams took the orders of the day, but I'm grateful that we all have learnt our lessons from the space this year.

noorman0

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[Nope]No hype delivers more than hope

Quote from: GreatArkansas on December 21, 2022, 10:55:06 PM

I remember before, like every Christmas holiday, there are a lot of people claiming that Bitcoin will dump because people will sell some Bitcoin to buy presents for someone, so a dump is expected, but every time I hear that what happening is the opposite.
So for me, this is becoming a theory now.

Yeah, I've heard a lot of this theory in the past even though it was debunked last year.
At any moment of celebration, people can have a genuine initiative to increase the visibility of bitcoin especially for relatives who are not yet involved in this space, that way they don't have the option of selling their bitcoins just to give gifts.

GreatArkansas

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I remember before, like every Christmas holiday, there are a lot of people claiming that Bitcoin will dump because people will sell some Bitcoin to buy presents for someone, so a dump is expected, but every time I hear that what happening is the opposite.
So for me, this is becoming a theory now.

nullama

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Quote from: noormcs5 on December 21, 2022, 06:28:49 PM

~snip~
Yes, People will spend money on Christmas but more smarter people will use the fiat money and not sell their bitcoins at the current prices.
I think it is not wise to spend and sell bitcoin now when the price is near its very low. You can save your bitcoin now and get good returns later in the bull season.

It doesn't really matter if you pay with fiat or bitcoin really, since both are valued the same at the time.

What matters is which one you choose to keep for a long time.

If you keep your money in fiat it will depreciate, but Bitcoin will appreciate over a long period of time.

You can always spend bitcoin for goods and services and buy more to replace it.

Topic: Few Days To Christmas - How Are You Preparing? - page 2. (Read 657 times)