Few Days To Christmas - How Are You Preparing?

[Maestro75]

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.

This advice not to sell our bitcoin to finance our Christmas dreams can be possible now as most of those who hold bitcoin have already incurred losses before now because of the price dump for those who bought months ago and selling in loss is not a good thing, otherwise around Christmas is the time of cashing out on bitcoin. For those who love to spend during Christmas, they should learn to spend wisely. There is January and its problems and expenses, rents to be paid, school fees for those returning back to school also.

[Chinedu kalu]

Christmas is a season when you will get to spend time with your friends and family and have fun. I won't suggest unnecessary spending of money or bitcoin, but it won't be improper if you take a portion of your profits and have fun.

Merry Christmas everyone   

[RolonNigel]

Christmas is over. I didn't spend my bitcoins. I had the intention of spending bitcoins, buying gifts for my friends, or giving bitcoins to my friends. But I restrained myself. I don't think it's necessary.
I had dinner with my friends, listened to music, and spent the day happily.

[maria1110]

 I gave some of the bitcoins to my nephew as a Christmas present, and he was surprised but happy to take them.

[cryptomaniac_xxx]

Yes, very good advice.... I apply the 80/20 strategy.. where I hoard 80% of all the coins I buy and I use 20% to buy stuff. (Food & expenses)

Thanks for this rule, I might have forgotten this one, yeah, why not apply it to bitcoin as a strategy as well.

We have to support the retailers and shops that accept Bitcoin payments .. or they will stop accepting it. So why not use the FIAT budget for Xmas and convert it all to Bitcoin and then use that to pay for the gifts and the food. (You would have spend it on that in any way, why not pay with it in Bitcoin) 

Unfortunately, there's not much of a shop that accept bitcoin payments here, there will always be 3rd party in between to exchange my bitcoin to FIAT so I have to go this services. Nevertheless, I will spend some including New Year too, which for us, is celebrated more than Christmas I must say because it's not just the whole family but extended families as well and we will have a street party and gift giving as well.