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Topic: No Christmas gifts this year, all my money in Bitcoin - page 18. (Read 3805 times)

hero member
Activity: 966
Merit: 501
PredX - AI-Powered Prediction Market
I am in the same situation...and besides that I don't  know what to expect from Bitcoin as it does not show signs of growth, and in this summer i was so hopeful that the prices will rise in this period, and in december i'm gonna earn some money so i would be able to buy gifts for Christmas..and many other things..
sr. member
Activity: 882
Merit: 282
nah, family needs to celebrate the holidays Smiley
Christmas time is really time to spend and not to save.  However,  it is better your fund should be in bitcoin than using it at this impose moments.  Investing into cryptocurrencies is like investing into the future and I believe that what op is holding now will make him rich in future.  Remember that cryptocurrencies market is going to recover and since we would ever have another Christmas I think we can actually make investments now and enjoy the future with enough funds.
Yes last year we have celebrated Christmas in a good way but this year no Christmas gift will be for us and foe others too because the market is very red and we can not make money so it's time to search for a job and leave the market for some time because it is difficult for those who are fully dependent on crypto.
This time providing us with an opportunity to buy bitcoin again at a very low price.  Last year many of enjoy Christmas because we were able to buy at low price when bitcoin was downed.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
Who's with me?



I feel and share the same pain as you, but hopefully the new year to come will be better so as to make Christmas gift buying more of a routine, but that's probably too dreamy  Roll Eyes Roll Eyes
legendary
Activity: 3374
Merit: 1824
I'm sorry because of you.
But, it's not good idea really to focus only on one thing in life.
There are many much more important things in life like family, love, health etc.
Also, keep your regular work, don't quit.
Bitcoin or crypto should be just additional, possible bonus for you.
You shouldn't depend to much on crypto, it's not healthy really.
copper member
Activity: 497
Merit: 0
I think it depends on what you think is more important, and if you don't want to sell low because the current price is low then hold it tight, but if you think the gift is important then you can sell a portion of bitcoin.
full member
Activity: 434
Merit: 101
Yes last year we have celebrated Christmas in a good way but this year no Christmas gift will be for us and foe others too because the market is very red and we can not make money so it's time to search for a job and leave the market for some time because it is difficult for those who are fully dependent on crypto.
legendary
Activity: 1792
Merit: 1283
Who's with me?

Not me, because I'm not an idiot.

Sorry to be this harsh, but if you're investing more than you could cope with, you're an idiot.
Why would you invest that much money into Bitcoin, so you don't have anything left to buy gifts for the people you love?

Look, this whole tradition of giving gifts might be a little bit silly, I get it... But you're basically saying that you don't have any extra funds now.
copper member
Activity: 336
Merit: 1
This is usually the reason for the dump because people need extra cash for Christmas gifts. However, it has already crashed so I wonder if it will go further to help pay for Xmas
full member
Activity: 688
Merit: 106
Who's with me?



I think there few number of people who turn their money into bitcoin and now the face big losses because of the down price of bitcoin. You need to keep on your mind that do not put all your egg in one basket or simply to say to you can't turn your all money into bitcoin simply because it is risky.
sr. member
Activity: 658
Merit: 256
Wise choice, I guess Bitcoin is your Christmas present this year. I am celebrating Christmas as usual this year, I separate crypto investment apart from my daily life.
jr. member
Activity: 238
Merit: 3
It has never been advisable to invest all your savings in to bitcoin or any other crypto currency, Sorry that you're in such a tight spot. But it is better to have a Lamborghini as a random gift in may-june than a tree as a Christmas gift In my opinion.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
nope. going for high risk high reward ICO pump and dump is not the game at all
your thinking high risk but potential of 2x in a few days.

Quality ICO projects do not offer a profit of 2x in a few days, for some it's actually a couple of months before the project can take shape and actually have some organic growth, when you consider bounty participants dumping and large bonuses for investors it could be longer. But there's at most two or three of such projects annually.

ICO investments should be approached strictly. And only go for projects which satisfy all criteria you set for a quality project.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
Last year, I had bought a Live Turkey and slaughter for my mother and bought drinks for my next street neighbor for all the occupant of the building. This Christmas, am just going to stay indoors. Got married last two months will spend the holiday with my beautiful wife because of the bitcoin price.
That's a nice one, at least you will have more quality time to spend with your love ones this time compare to last year were the time was for bitcoin hustle. I'm still much pretty sure that anything can happen under the cover of cryptocurrency, so, lets' wait patiently for the celebration to begin, maybe before it begin things may be different from what we see today.
full member
Activity: 1190
Merit: 100
Yes guys I have no cash money in my hands, my pocket is really empty due to market declination. I bought bitcoin with my pocket cash hence my hand Full null and I have no money to buy Christmas gift.
legendary
Activity: 4270
Merit: 4534
This is the main approach I an taking to my investments in BTC. Altcoins can be looked at slightly differently depending on if money was invested pre-ICO and some impressive growth has been made.

As for Christmas, as much as I would love to invest all my Xmas money into BTC... I would feel rotten if I didnt buy my family some gifts to enjoy over the festivities. Smiley

nope. going for high risk high reward ICO pump and dump is not the game at all
your thinking high risk but potential of 2x in a few days.

its far better to go with the low risk potential of 2% in a few days. that will give your haul a good healthy low risk 300% over a year which then when the events align for the odd 2x spike. make it 600%+

playing the short term hopes of 2x thinking oh well i didnt get 2x this week lets try another ICO next week. is a gamblers game of always betting on 13 hoping you just need a couple good wins to balance you out. but the flip side is a couple bad losses will trip you up even more.

dont aim for waiting for or hoping for 2x wins.  just nibble at the 1-2% daily standard movements. it will all add up in the end

as for christmas. .. well any time.
dont invest more then you care to lose. in most cases work out what you spend on disposables. EG fast food that just ends up as a toilet flush the next day.. invest that. and constantly invest that. knowing its no loss because it would only end up as a toilet flush at the end of the day.
and also if you ever do get hungry for fastfood. you can buy it via selling some coin because you dont care about exchanges rates as it again is a zero loss game your now playing... your just no longer having to see all your funds get flushed down the toilet
full member
Activity: 560
Merit: 101
Its okay. When bitcoin recovers make ordinary day a christmas day. Its not all the time we are lucky and same with the market that its not always bull. Let's look forward to a great 2019 crypto year.
sr. member
Activity: 1918
Merit: 370
The feeling is mutual as per not flexing Christmas as I always do. 2018 no doubt is a very crucial year in cryptospace. Looking forward to what to happen in

 This is maybe a Blue Christmas for the Crypto world.Huh with the recent down stream on the market everyone was affect with the huge loses on its profits. Yet, no pain no gain as people always say's after bad things happen. never the less, crypto market survived after the massive sell off which contribute to the further fall on its market. Let's just wait for the turn around of the market come 2019.
member
Activity: 168
Merit: 15
Future of Security Tokens
In this current market it is more profitable to trade and force out profits from the market.
There are different trading strategies which can realize gains even in the bearish market.

Or you could short Bitcoin if you are convinced we are yet to see the bottom
Always invest what you can spare, if your investments limit your festive celebrations, then it's more than necessary.
jr. member
Activity: 458
Merit: 2
The feeling is mutual as per not flexing Christmas as I always do. 2018 no doubt is a very crucial year in cryptospace. Looking forward to what to happen in the coming days.
newbie
Activity: 28
Merit: 3
We are getting older when waiting Bitcoin moon Smiley

those hoarding and waiting for a 2x-10x multiple. dont realise prices move more than 1% a day.
make 1% a day=more than 3x a year.

dont wait for the moon to come to you. get to the moon one percent at a time. and when the solar system realigns to how you hope, you will find yourself transported to mars. and realise you done so with less risk

those that hoard waiting for 2x+ but then panic sell loss at the smallest sign of a 5% dip. will always lose
take a 1% step forward and repeat. and then when a dip occurs you know you have averaged down your initial costs. thus at less risk

This is the main approach I an taking to my investments in BTC. Altcoins can be looked at slightly differently depending on if money was invested pre-ICO and some impressive growth has been made.

As for Christmas, as much as I would love to invest all my Xmas money into BTC... I would feel rotten if I didnt buy my family some gifts to enjoy over the festivities. Smiley
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