Few Days To Christmas - How Are You Preparing? - page 4.

hatshepsut93

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Quote from: Fivestar4everMVP on December 19, 2022, 03:21:57 PM

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

When I was in school, Gobseck by Honoré de Balzac was a mandatory reading. It's a story about a wealthy man who died without spending any of his wealth and living a very frugal life. It's a reminder that people should also enjoy the present and not live only for the future.

If you're even denying yourself a Christmas, then what sort of memories are you creating? Years from now you might look back and realize that you wasted your best years not doing anything, only waiting for Bitcoin to go up. And worse, when Bitcoin does go up, people often fail to take profits and then wait for the bull cycle again.

There can't be any objective rule for managing your Bitcoin investment, because value and time preferences are subjective. In some cases it could indeed be a bad idea to sell Bitcoin to buy a Christmas gift, in other it is not.

fennic

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Quote from: Fivestar4everMVP on December 19, 2022, 03:21:57 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.

Christmas comes and in 24 hours, it's gone, Bitcoin is here and will remain with you for as long as you keep, we definitely will sell it one day, but we all know that now is not the right time to sell.

If you sell your bitcoin to maybe buy new set of clothes and shoes, you threw away your bitcoin because, in three months time maybe, you probably will Not be wearing those clothes and shoes anymore..
Why then lose your Bitcoin for items that perishes in such a short time?

I am not a Christian but I will say that there are many people who are totally dependant on Bitcoin and they have to sell their crypto and also Bitcoin so that they might be able to give gifts and also do some charity to the people who are needed. And that is there most beloved event. That's the reason we see some decline in Bitcoin and also crypto.
By the way Bitcoin is a crypto that will remain until the whole world is living and people will still hold it until their last breaths.

Accardo

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Bitcoin must be in circulation, nothing can stop people from selling and buying. When they're no cash available we are compelled to settle bill with our coins. Its a festive period and people expect all sorts of Gifts from loved ones. I've started celebrating Christmas with family 7 days ago, shared gifts to my nieces and family. I don't think giving should be limited to a specific period like 25th and 26th. Give as much as you could, generosity yields more fortune when done the right way. OP I think your advise should be focused on; buying bitcoin when we've got extra money after spending so much for Christmas.

Iroh

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Quote from: Nrcewker on December 20, 2022, 12:08:31 PM

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If anyone sells their Bitcoins for these stuffs, then he will be the most foolish person I have ever met on Earth. I mean how expensive will be those expenses? Hardly 100$?(In my country 100$ will be sufficient to enjoy and celebrate Christmas), now for this if you selling 100$ worth of Bitcoins, then it’s not just only 100$, it’s the precious Bitcoins which you are selling from your own wallet and which are fixed in number. Instead you can take a short term loan if you really need the money and celebrate Christmas. We are about to get skyrocket in the price of Bitcoins. So don’t make mistakes and sell your Bitcoins.

That’s a bit harsh, don’t you think? I wouldn’t equate foolishness to willingly letting go of some few satoshi to buy what would make you, family and friends be merry and filled with cheer especially on this festive season.
We’ve got just one life and we’ve got to cherish and enjoy the time we’ve got with friends and family. Lots of people are busy all year round and haven’t got time to chill, relax and spend time with friend and family.
We should cherish and enjoy whatever time we’ve got and letting go of some satoshi to make people happy in my book, isn’t foolishness.

Nrcewker

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Quote from: Fivestar4everMVP on December 19, 2022, 03:21:57 PM

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.

If anyone sells their Bitcoins for these stuffs, then he will be the most foolish person I have ever met on Earth. I mean how expensive will be those expenses? Hardly 100$?(In my country 100$ will be sufficient to enjoy and celebrate Christmas), now for this if you selling 100$ worth of Bitcoins, then it’s not just only 100$, it’s the precious Bitcoins which you are selling from your own wallet and which are fixed in number. Instead you can take a short term loan if you really need the money and celebrate Christmas. We are about to get skyrocket in the price of Bitcoins. So don’t make mistakes and sell your Bitcoins.

Die_empty

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Quote from: Fivestar4everMVP on December 19, 2022, 03:21:57 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..

Its not bad to celebrate Christmas with friends and family, but it would be unacceptable to go the extra mile just to satisfy these wants. It is not also wrong to sell some of your investment if it is necessary or important to do that for the sake of this season. But it would not also be nice if your reason for doing that is just to showoff or compete with other people.

The best advice still remains that you buy what you can afford and ensure that you don't borrow or take a loan because you want to celebrate like others. In my location, there is always high rate of crime this period because people want to spend like others. For me I am not spending on clothing or other accessories, I have to mange the ones I have now because I cannot afford such expenses. Maybe next year would be better.

BALIK

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A pretty good piece of advice, I agree that we should not waste bitcoins on unnecessary things. But in my opinion, there is nothing wrong if we sell our bitcoin to serve life, especially big holidays like Christmas or new year. We invest in bitcoin for a more stable economy, and a better life, so spend bitcoin wisely. We have worked hard for a long year and the end of the year is the time for us to relax and enjoy life, don't make it difficult for yourself or be too strict with life. Bitcoin is worth nothing if it doesn't help us.

buwaytress

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Don't use your Bitcoin to buy presents? So don't use Bitcoin for an activity it was meant for?

It's Christmas, you scrooge! I gave away Bitcoin to 2 couples already (one a festive gift, one celebrating a newborn) and they think it's really cool, even though it's just a small amount. And no, not bragging, just remembering how I often benefited from Bitcoin generosity in the past.

If price does go up and these guys still hold, they're happy, and I'm happy.

It's bloody Christmas! haha

Lucius

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It's strange to me if someone has some kind of significant amount in BTC, and they won't allow themselves anything for Christmas and New Year just because the price of Bitcoin is so low compared to the last ATH. Christmas is once a year, life is too short to hold back all your life and wait for a new opportunity that may never come.

I'm not saying we should act like drunken millionaires and spend like there's no tomorrow, but don't hold back on some basic things because "it's not the right time to sell Bitcoin".

pooya87

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We don't celebrate Christmas and there is still 3 months (92 days to be exact) left to New Year Cheesy

However, we do celebrate Chelle Night (aka Yalda) which is tomorrow night and is much older and is what some of the Christmas traditions were borrowed from like the lights you guys put on the Christmas tree. We've already prepared for it by purchasing a ton of fruits, nuts and sweets but I didn't have to sell bitcoin to buy any of it though! The shops don't accept bitcoin payments either, which is unfortunate since I would have loved to pay with bitcoin.

_BlackStar

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Quote from: Fivestar4everMVP on December 19, 2022, 03:21:57 PM

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

When someone starts adopting bitcoins as a means of payment, then what's wrong with them spending their bitcoin to pay for something?
I don't know what your idea really is, and I think bitcoin is not only about investment but bitcoin is also used as a means of payment. Don't you think that's normal?

But whatever it is, you have the right to be a holder for your bitcoin and never spend them in the long term. We are here hoping that bitcoin is adopted more, so it should become a means of payment so that it is safe to spend their bitcoin regardless of their current price. So it's just about mindset and about what bitcoin means to you in the financial system.

SeeBiscuit

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I am slowly turning into one of those family members that don't want anything physical as I grow older.

I have much of the physical material things I could ever want already, not that it's much but its in order ya know?

Some of my family members use bitcoin, but almost all of them know what crypto is in some form or another but remain misinformed or haven't used it at all yet.
(thanks market manipulation #2019-2021 )

So all I want for Christmas is my two front teeth, and 5$ in bitcoin.

That's all I'm telling them and nothing else.

I want to see if they are capable to go onto the internet, learn how to get themselves a wallet, fund it with bitcoin, and send it to another wallet.
(and im sure as hell they are.)

I want to see if I can get them to ask me "what is the wallet address I'm sending this 5$ of btc?"

Or some form of that question.

_______________________________________________________________________________ ______________________________________________________________

Since it's a Christmas gift, they gotta do it. Is what I want hah.
Good adoption strategy?

bittraffic

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I understand that I could be wasting my coins which I will profit more if I hold.
it's the feeling and the initiative you give gifts to your kids that matter. When you're a father, you wouldn't really mind spending the coins to make them feel they are loved well by their father.

The other day I bought my daughter an earring made of silver, sort of a music note design, and a new ukulele. I would hope she'll remember me this way forever and that I give importance to what she likes doing which will last forever.
What do you recommend buying for our kids that will not deteriorate in years?

bitzizzix

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If you have other income, it's better not to use your bitcoins for Christmas celebrations, but that's up to you and your rights, and there's nothing wrong with just using a little as needed or just as an extra to celebrate.
the market is still not friendly to use for things that are not too important and it is still good for us to make purchases, and also don't rely too much on bitcoin or other crypto to celebrate something even though it is important, apart from investing, we must also have savings for urgent needs including celebrating something without using up your investment that will be more profitable in the long run.

and it's all up to you and one more time. It's better not to use it and even if you have to, just do it as needed and as needed to celebrate Christmas.

UserU

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Quote from: serjent05 on December 19, 2022, 07:12:46 PM

Anyway, to those who celebrate Christmas, Have a merry Christmas to all of you. (just for your information: some Christians are offended when someone greets people with words written in Xmas than Christmas because for them they think, Xmas is factoring out Christ who is the true center of the celebration.

That's actually a thing? Those snowflakes.

Actually it's an abbreviation of Christmas.

Quote

In the early days of the Christian church, Christians used the letter X as a secret symbol to indicate their membership in the church to others. If you know the Greek meaning of X, Xmas and Christmas essentially mean the same thing: Christ + mas = Christmas

Source: https://www.grammarly.com/blog/why-do-we-shorten-christmas-as-xmas/#:~:text=In%20the%20early%20days%20of,%3A%20Christ%20%2B%20mas%20%3D%20Christmas.

nullama

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Well you can't spell Christmas without sats

Sats can travel all around the world in an instant, just like Santa.

Sats bring joy to everyone in the world, just like Santa.

Sats are always going to be there for you, just like Santa.

Merry Xmas Bitcoiners! Grin

serjent05

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Nothing to prepare for Christmas, for me it is just a waste of money preparing for such things. I just do my usual stuff, wake up, thank God for a great new day then go back to what I normally do, browsing the forum, checking the market for possible discounted cryptocurrency in sale, if there is a visitor then will entertain them but I wish there is none though so that I can go back to my normal activities.

Anyway, to those who celebrate Christmas, Have a merry Christmas to all of you. (just for your information: some Christians are offended when someone greets people with words written in Xmas than Christmas because for them they think, Xmas is factoring out Christ who is the true center of the celebration.

AmoreJaz

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Quote from: CryptoPanda on December 19, 2022, 05:38:35 PM

Quote from: LFC_Bitcoin on December 19, 2022, 03:38:15 PM

I’d rather eat yellow snow than sell bitcoin to pay for Christmas presents. Not long until Christmas now so Happy Xmas to you OP & all on the forum. I haven’t been preparing well to be honest, I have been struck down with a bad case of man flu, I’m on day four now. I’ll be better by Christmas though, I have a beast of a turkey to enjoy Cheesy

As I do every Xmas I have printed off & funded bitcoin paler wallets for my loved ones. As far as I am aware they HODL every year & are yet to sell going back many years.

Xmas is a great time of year, a special time to spend with people you love. Please have the best one possible.

Happy Xmas to you too. I must confess your opening line cracked me up Grin

. can’t stop laughing. As much I want to have fun and unwind this festive period I wouldn’t trade my bitcoins for a few days of pleasure. Festive periods come and go, it will be foolish of me to spend so much money trying to look good for Xmas or any such celebration. I have been inspired by recent activities on the forum, and I think dedicating my time to teach at least one person bitcoin would be a great way to sign off the year.

when pandemic hit this humanity, i guess a lot of us figured out what things are important to us. so i believe a lot of people are not into spending habits anymore but taking care of their top priorities in life. or should i say, diverting their extra funds to something important that can help them survive in any type of crisis. but of course, some people still celebrate. you can observe such festive mood when you enter the malls and shops. but for most of us, this holiday season comes and goes, much better take care of necessary things that you think can help you when everyone is shutting their doors from you.

aoluain

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Christmas is becoming more and more a commercial and capitalist season and a time of excess
and with it brings financial pressures on a lot of people to spend and buy unnecessary items.

While it's traditionally a season on good will and generosity we should be mindful of
over spending on unnecessary items and squandering precious Bitcoin.

CryptoPanda

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Quote from: LFC_Bitcoin on December 19, 2022, 03:38:15 PM

I’d rather eat yellow snow than sell bitcoin to pay for Christmas presents. Not long until Christmas now so Happy Xmas to you OP & all on the forum. I haven’t been preparing well to be honest, I have been struck down with a bad case of man flu, I’m on day four now. I’ll be better by Christmas though, I have a beast of a turkey to enjoy Cheesy

As I do every Xmas I have printed off & funded bitcoin paler wallets for my loved ones. As far as I am aware they HODL every year & are yet to sell going back many years.

Xmas is a great time of year, a special time to spend with people you love. Please have the best one possible.

Happy Xmas to you too. I must confess your opening line cracked me up Grin

. can’t stop laughing. As much I want to have fun and unwind this festive period I wouldn’t trade my bitcoins for a few days of pleasure. Festive periods come and go, it will be foolish of me to spend so much money trying to look good for Xmas or any such celebration. I have been inspired by recent activities on the forum, and I think dedicating my time to teach at least one person bitcoin would be a great way to sign off the year.

Topic: Few Days To Christmas - How Are You Preparing? - page 4. (Read 623 times)