Will you cash out your bitcoins for Black Friday?

BurgerCash

jr. member

Activity: 187

Merit: 1

Quote from: mk4 on November 14, 2018, 11:09:46 AM

Bitcoin is volatile, and can easily rise and crash without good/bad news. We can think of reasons and speculate on why prices move such directions, but there's really no way to know for sure.

As a Legendary member that has been here since 2014, you should probably know this by now.

Not to mention that simply buying things with bitcoin is usually cheaper than buying them with USD, and plenty of bitcoin-accepted sites had amazing deals.
I personally bought a hardware wallet at a huge discount. And paid in BTC.
Very happy with the purchase.

hardhardy

jr. member

Activity: 59

Merit: 2

If you need to sell bitcoins to buy everyday stuff (or Christmas gifts) I'd say you've put way too much money on crypto.
Much more than you can afford.
You need to be able to endure a bear market otherwise you might become completely broke

Sobocirevo

newbie

Activity: 72

Merit: 0

Quote from: jerrison on November 25, 2018, 08:52:33 AM

no way! that ain't going to happen. black fridays come and go but the price of bitcoin is not as definite as black friday. if i decide to empty my bitcoin for black friday and then the price of bitcoin then gets a bullrun, who do i blame and then the black friday purchases can never be matched with teh percentage appreciation of the bullrun.

No need to withdraw Bitcoin to make Black Friday purchases, because the condition of the bitcoin price is not normal. In my opinion, in one or two months the price of bitcoin rises, maybe it doesn't rise dramatically. Signal increase will increase the passion of bitcoin trading, therefore hold bitcoin to wait for the increase.

Indai24

member

Activity: 448

Merit: 10

Quote from: jpoker272727 on November 25, 2018, 12:42:10 PM

With the market situation it is not applicable to cash out your BTC.
It is more comfortable to buy more at this rate and wait for the comeback.
BTC is kindly dead for now as the market fall a lot and huge.
if you will buy now you can earn more in the near future!

Same here, it's not advisable to cash out your BTC specially for having this type of situition. It will not help the market and you might regret for it.

jpoker272727

legendary

Activity: 1137

Merit: 1000

With the market situation it is not applicable to cash out your BTC.
It is more comfortable to buy more at this rate and wait for the comeback.
BTC is kindly dead for now as the market fall a lot and huge.
if you will buy now you can earn more in the near future!

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: bolbau on November 25, 2018, 12:26:14 PM

jika melihat situasi harga pasar bitcoin hari ini, mungkin saya tertarik untuk mengambil bitcoin dan membelanjakannya pada saat black friday. setidaknya saya sedikit bahagia dengan mendapatkan barang diskon, walaupun mengalami kerugian nila aset yang cukup besar haha.

bolbau

full member

Activity: 574

Merit: 102

jika melihat situasi harga pasar bitcoin hari ini, mungkin saya tertarik untuk mengambil bitcoin dan membelanjakannya pada saat black friday. setidaknya saya sedikit bahagia dengan mendapatkan barang diskon, walaupun mengalami kerugian nila aset yang cukup besar haha.

wow.magic

jr. member

Activity: 303

Merit: 2

Quote from: Caesar-Giulius on November 18, 2018, 03:18:44 AM

No man, I am not cashing out Bitcoin just to shop on Black Friday. The discounts are good, but I will just use fiat which is not as valuable as my Bitcoin. It doesn’t make sense to sell my Bitcoin at such low price.

I agree with you, you can use cash for purchasing on Black Friday discount is big help for one shopper but using bitcoin in this occasion is not better, cause bitcoin is more value than cash.

Harkorede

copper member

Activity: 2044

Merit: 793

Quote from: hastag_80 on November 25, 2018, 08:05:16 AM

I thinks theres nothing wrong to cash out our bitcoin on black friday as long as we can gain good profit theres nothing to worry about

I 'm pretty sure people who bought BTC at a rate of above $12,000 will also agree with you on this ? I mean, why would Someone cash out of an investment that would result in relatively high amount of loss just to buy some items of 10-50% discount, and moreover, considering the discount wouldn't even amount to 20% of investment loss.

Lazada

sr. member

Activity: 686

Merit: 250

I divide some parts, because as smart people we have to be able to do financial management well. Never be tempted by a situation, look at the current situation. good management will make us feel comfortable and we will also get closer to success. Never do anything stupid and keep the investment that we have in the crypto world.

jerrison

full member

Activity: 1442

Merit: 106

no way! that ain't going to happen. black fridays come and go but the price of bitcoin is not as definite as black friday. if i decide to empty my bitcoin for black friday and then the price of bitcoin then gets a bullrun, who do i blame and then the black friday purchases can never be matched with teh percentage appreciation of the bullrun.

memecoin

member

Activity: 308

Merit: 10

★YoBit.Net★ 1400+ Coins Exchange

Quote from: Marcel666 on November 14, 2018, 11:13:53 AM

Expenses are inevitable and most times imperative and when the need calls you would have to meet up.

That said, lots of factors affect the price movements. And the market has been more or less the same as it has been the majority of this year.
Also I am not aware of any Black Friday offers as yet, the market is maybe not as active as it was at this time last year.

Yes, this is the first year I saw this event so much larger than in previous years, and have not seen how many components will withdraw, how many calls. Withdrawing money can be quite a lot but I think there will be no impact Cheesy

.

nellakarisma

full member

Activity: 582

Merit: 101

if I will never withdraw the bitcoin that I have. because the price has dropped sharply. so I will lose a lot. whereas I invest just to save assets for the long term ..

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: hastag_80 on November 25, 2018, 08:05:16 AM

Quote from: Kprawn on November 14, 2018, 11:00:24 AM

~ snip ~

I thinks theres nothing wrong to cash out our bitcoin on black friday as long as we can gain good profit theres nothing to worry about it ..

how can we earn a profit if the value's of all the cryptos are always down ? that simply means that cashing out is a verry bad idea even if its not a black friday or whatever holiday it is .

Quote from: bigbosma on November 24, 2018, 03:05:32 PM

Of course, I really like the discounts and the tradition of total price reduction on Black Friday. But I still won't sell my bitcoins for this event. I have much bigger plans for him.

if you trully like the concept of this black friday but you dont like to sell your btc for fiats , then why cant you just buy items directly online using your btc's ? in that way , you can save some even better discounts .

hastag_80

member

Activity: 392

Merit: 11

The New Pharma-Centric Marketplace

Quote from: Kprawn on November 14, 2018, 11:00:24 AM

I see a slight drop in the price in the last couple of days and that made me think, why this might happen now. Huh

My best

guess is that a lot of people might be converting bitcoins to fiat to enable them to buy cheap goods at retailers that are not

offering Bitcoin payments. Will you also cash out some bitcoins to shop at Walmart or Amazon or whatever retailer you shop

at, that are giving these massive discounts? This will surely explain the drop in the price, a week before Black Friday

starts. Huh

I see no other major announcement that would explain the recent drop in the price. Angry

I thinks theres nothing wrong to cash out our bitcoin on black friday as long as we can gain good profit theres nothing to worry about it,otherwise these happen of price drops of bitcoin and why people are panic now and change some of there crypto coins into fiat money,because they thinks the market is bad .

aray80

member

Activity: 420

Merit: 10

some investors may have the same purpose in investing but for others it might be for the happiness of his life later and I think if indeed this event is something valuable in his life then it must sell a loss for happiness which is his goal

bigbosma

member

Activity: 378

Merit: 10

Of course, I really like the discounts and the tradition of total price reduction on Black Friday. But I still won't sell my bitcoins for this event. I have much bigger plans for him.

Anarchist

sr. member

Activity: 531

Merit: 258

Friday, Monday or whenever you want I am not going to sell my bitcoins. No way. I prefer to wait 6 or 12 months and wait. It's so crazy to sell right now. Better to leave the market once for good

mongkie

full member

Activity: 630

Merit: 102

Quote from: Kprawn on November 14, 2018, 11:00:24 AM

I see a slight drop in the price in the last couple of days and that made me think, why this might happen now. Huh

My best

guess is that a lot of people might be converting bitcoins to fiat to enable them to buy cheap goods at retailers that are not

offering Bitcoin payments. Will you also cash out some bitcoins to shop at Walmart or Amazon or whatever retailer you shop

at, that are giving these massive discounts? This will surely explain the drop in the price, a week before Black Friday

starts. Huh

I see no other major announcement that would explain the recent drop in the price. Angry

no it is not economical and practical. if you consider crypto assets as an investment and hoping that it will grow, then it is not right to withdraw and buy on sale stuff on black friday.

Abal Abal

full member

Activity: 602

Merit: 100

for now I will still try to hold my bitcoin assets, maybe even until the end of 2019, because I am sure that in 2019 bitcoin will experience major changes.

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