Topic: Will you cash out your bitcoins for Black Friday? - page 2. (Read 1029 times)
Why will I do that, black friday is going to come and go. Meanwhile black friday is just for some time and lot's of good happenings might even happen during this black Friday on the crypto market even the market is not saying good this time around but still yet, bull can't be still be over ruled.
My answer is no, I will keep my bitcoin and will not cash out it for black friday. The time is not good enough for me to cash out now.
Of course I will sell only a portion of bitcoin for me to sell as Fiat money, because my main target is to sell Bitcoin next year. But I realized when BlackFriday came I needed money to buy my life needs, especially because the price of goods sold would be very cheap when Black Friday.
I don't see the reason why i should out some bitcoins just to purchase items on Black Friday. Anyway how much discount are they offering that is so enticing that you think most people are cashing out to purchase items. the recent drop in price is as a result of the FUD that is being spread out there that bitcoin is going to collapse. This has generated a whole lot of panic and most investors are scared hence they are selling cheap to cut down their losses in case it collapses but bitcoin will not collapse.
I do not think that the fall of bitcoin is associated with this event. Why someone to sell it now to buy some goods. It's illogical. The price of bitcoin fell for another reason.
The reason why bitcoin has gone through this circumstances is dependent on how people remain open to all possible aspect that price will soar or not. Don't be too excited for whatever signs it might show to us, only focus on how to save your coins needed to grow for longer terms. 
I won't do that, may be a hard thing that I have to do now is holding. Even it is absolutely hearted.
But i am stull thankful because before black friday happen, i have sold some of my bitcoin.
It is just little coins left.
I know this situation is worried buy i still believe taht bitcoin still the best coin ever.
Even i regret for some cases of it.
But i am stull thankful because before black friday happen, i have sold some of my bitcoin.
It is just little coins left.
I know this situation is worried buy i still believe taht bitcoin still the best coin ever.
Even i regret for some cases of it.
black friday does not affect the price of bitcoin to such an extent, if indeed people pursue black friday by exchanging crypto to fiat and shopping, then there should be more people who do not participate in the black friday moment to buy BTC at a cheaper price , that means the price balance will remain, even though there is black Friday this week
for sure the price drops not because of black Friday
for sure the price drops not because of black Friday
It is very stupid to spend your bitcoins to buy various goods at a discount. There's Fiat money for that. Now bitcoin should be kept, it is necessary to invest in it. It is not necessary to spend crypto without special need.
I do not think that the fall of bitcoin is associated with this event. Why someone to sell it now to buy some goods. It's illogical. The price of bitcoin fell for another reason.
i think that the xpenses are inevitable and most times imperative and when the need calls you would have to meet up. It means that 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.
I bought some small items during the week directly with as BTC there were some
Black Friday deals for items I was watching for a while. I like to HOLD ir HODL
Bitcoin but I also believe in its role as a currency or payment system. I most
certainly did not "Cash Out" before Black Friday.
Black Friday deals for items I was watching for a while. I like to HOLD ir HODL
Bitcoin but I also believe in its role as a currency or payment system. I most
certainly did not "Cash Out" before Black Friday.
I have no reason to cash out just to go with the big sales from many various company ,as i have been set for long term holding,I prefer to use cash than withdrawing my precious cryptocurrency just to spend for this special season.
I can buy anything i want with cold cash so for me,theres no need to
I can buy anything i want with cold cash so for me,theres no need to
I don't really celebrate christmas so I won't be participating in any of these sales. Christmas has become all about presents and material goods. It really lost all of it's meaning because of corporate brainwashing.
Some people think that black friday caused another bitcoin dump but I doubt this had any real effect on the price.
Some people think that black friday caused another bitcoin dump but I doubt this had any real effect on the price.
Some of us may cash it out but some may not due to they cannot afford to look how much it cost today to convert their bitcoin into fiat money. I would rather hodl than convert it into cash. It is not the right time to convert our bitcoin instead we should have to hold rather than cashing it out.
No i am not going to cash out ant my funds right now, i still keep in my wallet. May be i can add some bags at Black Friday discounts:)
If I haven't changed it since the beginning of the year, I doubt very much that I will change it now, I will wait until December to see what happens with the market, if conditions are favorable, probably change a little at the end of the year to do Christmas shopping, and the rest I will seek to invest again or do hodl.
Instead I feel like to keep and buy some more for this Christmas as I know the next ones will be better 
Selling Bitcoins just to buy some discount consumer goods seems like a bad investment, unless you have a lot of Bitcoins. I think people with plenty of Bitcoins have already taking some profit this year at a better sale price.
what a spectacular drop of bitcoin price... I wish it goes lower, I am ready to get more...
That should be the case, the panic sellers and those who are worried about the decline in bitcoin prices are someone who is new to cryptocurrency. They make other people aware of staying patient and staying on hold when prices decline even though their hearts have deep concerns about the ongoing price decline. Because if they understand about bitcoin or cryptocurrency in a comprehensive manner then the price reduction is not an event to be lamented, but most of them will be grateful for being able to buy bitcoin at a low price. 
Of course I'm not selling my coins right now. Bitcoin has fallen to a critically low price, and selling it in this situation is absolutely not profitable.
selling now will only give regret when the market rises again.so it's better to wait for the market to rise first rather than selling it at a loss. I invest not for defeat but for profit.
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