I will not cash out bitcoin for black friday because this is not the right time for me to cash out all i will do now is to hold till when the price is ok for me
Yes we needbti hold bitcoin today because of its price i also did not cash out bitcoin for bleach Friday. Our patience today is needed because we need to wait for the bull run or the rising of its price. Bitcoin will soon rise and it can be more profitable if we do hold it on this dip because if we are going to cash it out we cannot benefit on it when time comes that the price will rise. 
Topic: Will you cash out your bitcoins for Black Friday? - page 4. (Read 1029 times)
I will not cash out bitcoin for black friday because this is not the right time for me to cash out all i will do now is to hold till when the price is ok for me
I usualy use Bitcoins in everyday life to make a purchase. But I don't exchange it for fiat, I have Bitcoin debit card and that makes shoping much more easier.
While these debit cards are quite handy because of their much wider level of adoption, and you don't have to cash out coins to fiat yourself, you aren't actually spending your Bitcoins, but still fiat, which is important to know.In the background the debit card provider converts your coins to fiat, then settles the payment in fiat. The only thing you see happen is that they deduct Bitcoin from your balance every time you conduct a payment.
As far as OP goes, it makes no sense to cash out anything at this stage. I mean, if you really need the funds, then do it, but the real black friday deal is the current Bitcoin price, so use fiat to buy Bitcoin instead of stuff you don't need.
I will not casho out any of my bitcoin a this stage.
I will just keep holding for it and wait until the market is good.
I am on the track now where i will sell my BTC at 15,000 USD and buy back at 12K.
then sell again at 22K usd, this is my track which i know will be good iun the future!
I will just keep holding for it and wait until the market is good.
I am on the track now where i will sell my BTC at 15,000 USD and buy back at 12K.
then sell again at 22K usd, this is my track which i know will be good iun the future!
How do you know that the BTC price will rise to 15,000 USD and when you expect this will happen?
Do you have reliable sources for this information?
I bought ALOT of Bitcoin at about $250 each several years ago and then got a bunch of free BitCoin Cash. The current value is still a massive increase over what I paid for it.
The answer is to HODL. HODL. HODL. Go ahead and panic sell if you want but this is not the way to go if you want to see your life stance changed if/when Bitcoin again shoots high.
The answer is to HODL. HODL. HODL. Go ahead and panic sell if you want but this is not the way to go if you want to see your life stance changed if/when Bitcoin again shoots high.
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.
Perfectly understandable, but know that you don't have to use your own coins for that. In some cases there are deals that only apply to Bitcoin, which actually are pretty decent mostly, so what you do is buy Bitcoin with fiat (probably better to do in advance? not sure how easy it is for you to buy Bitcoin), then buy whatever you need/want with these Bitcoins. I already bought the coins I plan to spend. Burn fiat. Support Bitcoin.
Yes, there might be some volatility in the runup to black friday, but we're likely in a tight range similar to $6000-$6500 that we've been in all year.
What is the connection of black friday to the fall of bitcoin? Is it a superstitious belief in this industry? Well, it is nothing in my part because even there is a black friday, I would not cash out my bitcoin. I will support this coin forever specially that it gave me money during the time I need. Bitcoin will never gone because there are many people that are ready to support with it.
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.
Like you mate,i was thinking how a legendary member that has been in the community for more than 4 years asking this kind of question,isn’t it funny that this guy don’t know whats the capacity of bitcoin to grow and bring profit to the investorsAs a Legendary member that has been here since 2014, you should probably know this by now.
But to answer the question ,well i am not going to cash out just because of black friday as for me theres no reason why i should do that
I don't think that I will cash out my bitcoin on black Friday, why? because i still believe in the end of this year the price of bitcoin will increase sharply until the beginning of 2019
I don't think the black friday would effect the bitcoin price in negative ways. The price has dropped already and the market showed its strenght and it seems that the price got stabilised for now. I am not sure that howmany crypto users would exchange their coins for shopping.. I believe that this is common in USA not for the other countries in the world. So the price wouldn't drop anymore i guess..
Holders of Bitcoin have several options to use their assets. It is very possible that some have changed theirs to shop, but Black Friday is becoming more frequent these days. It is most probably FUD that could result in withdrawals.
I usualy use Bitcoins in everyday life to make a purchase. But I don't exchange it for fiat, I have Bitcoin debit card and that makes shoping much more easier.
To exchange Bitcoin just for shoping with diacount maybe is not the most clever idea but I'm sure there will be some people who will do it.
On the other hand I always say that true value of Bitcoin is possibility to use in real life for real stuff so why not to use that.
To exchange Bitcoin just for shoping with diacount maybe is not the most clever idea but I'm sure there will be some people who will do it.
On the other hand I always say that true value of Bitcoin is possibility to use in real life for real stuff so why not to use that.
The exact opposite. Actually hoping there is a black Friday swan of Bitcoin items. Namely purchasing a CASA lightning node.
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.
To be honest, I am a believer in the sustainable crypto ecosystem so if I am purchasing something and if I see Bitcoin as a payment option then it would be my first preference of payment method. However, cashing out the funds and spending it in fiat or any other form of currency is not romantic as a crypto lover. I would spend my crypto funds directly instead of cashing out.
that doesn't make any sense!
if you want to purchase something then do it with bitcoin, there is no reason to convert bitcoin back to fiat then using that fiat to buy stuff. and if you want to purchase with fiat then i am sure that everyone owns fiat, it is not like people invest every single dime they have in bitcoin to have to sell it to get some fiat back!!!
not to mention that with the current bitcoin discount that is going on you should be buying bitcoin instead of selling it
if you want to purchase something then do it with bitcoin, there is no reason to convert bitcoin back to fiat then using that fiat to buy stuff. and if you want to purchase with fiat then i am sure that everyone owns fiat, it is not like people invest every single dime they have in bitcoin to have to sell it to get some fiat back!!!
not to mention that with the current bitcoin discount that is going on you should be buying bitcoin instead of selling it
When I use bitcoins as a payment option, I usually just buy the amount of coins I need from the money that I would have used via Fiat and I pay with Bitcoin. I do not lose any coins in the process, because I do not use coins from my hoard.
Sometimes I replace the coins after I purchased something with bitcoins from my hoard and this price drop is ideal for that, because I am buying coins at a much lower price. 
I will not cash out, but I will use some bitcoins, because it is safe to use for eCommerce.
Sometimes I replace the coins after I purchased something with bitcoins from my hoard and this price drop is ideal for that, because I am buying coins at a much lower price.
I will not cash out, but I will use some bitcoins, because it is safe to use for eCommerce.
no, that in my opinion is a very stupid thing
I consider bitcoin to be my biggest asset, my future investment asset and only because black Friday I sell a loss.
I'm sure people here must have savings in the bank that they can spend on blackfriday
I consider bitcoin to be my biggest asset, my future investment asset and only because black Friday I sell a loss.
I'm sure people here must have savings in the bank that they can spend on blackfriday
Well what if people want to give out bitcoins for christmas? The holiday season may actually cause the demand for bitcoin to increase. You don't want to be left behind on the boat when the prices are rising. The historic charts show that bitcoin always rises a lot towards the end of the year.
I see a slight drop in the price in the last couple of days and that made me think, why this might happen now. 
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.
I see no other major announcement that would explain the recent drop in the price.
For me that is not a reason why it would affect the market? The price of every coin is not depending on every shopping discount, it was depending on how many people sell or buy a coin if they panic the price will continue to drop down because many people would sell their coin and it was obvious that they can't handle any pressure it might be. 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.
I see no other major announcement that would explain the recent drop in the price.
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