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Author Topic: Are you still Trading, Investing in this Chrismas and New Year Time..?  (Read 293 times)
khanhnguyentraveller (OP)
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December 24, 2017, 03:15:26 AM
 #1

Hi Guys
From one week ago, i saw the marketcap is decrease..So i would like to know your opinion that you are still trading or investing crypto currency in this time (Christmas time, new year time)...or you will withdraw cryto currency to usd and come back in Jan 2018.

Thanks so much
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December 24, 2017, 03:40:33 AM
 #2

Hi Guys
From one week ago, i saw the marketcap is decrease..So i would like to know your opinion that you are still trading or investing crypto currency in this time (Christmas time, new year time)...or you will withdraw cryto currency to usd and come back in Jan 2018.

Thanks so much

For some trading is more than a hobby or money ,it is fun and thrilling. You never want those kind of thrills to end.
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December 24, 2017, 04:42:30 AM
 #3

Timing market is quite challenging and we already corrected a lot in last one week so I'm not converting my coins to USD instead I will hold them and if prices go future down then will buy some more. Worst case BTC can go down up to 10 to 9K level but I don't want to sell instead prefer to hold.
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December 24, 2017, 05:40:09 AM
 #4

I don't trade much except on larger moves, so I wouldn't even think about moving crypto to fiat over the holidays. I'm fairly comfortable with holding crypto, otherwise I wouldn't have bought into it.

When I shift my position from crypto to fiat (or the other way round) I do this due to market events, not because of the calendar. Crypto never sleeps and I'm not going to change my position in fear of short term market movements. Especially not in fear of short term market movements. Never lose sight of the big picture Smiley

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December 24, 2017, 05:57:57 AM
 #5

Real crypto traders takes no vacations.  Cool

Kidding. I'd definitely look at the charts a  bit less until next year, I definitely need to get my head off crypto for a few days. I've set up some alarms via Blockfolio though, just so if certain coins I'm interested in drops in price, so I can grab some for cheap.

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December 24, 2017, 06:02:14 AM
 #6

As i am living in Japan right now, NewYear is such a big holiday here. People going home, and most of the business are closed as well. But I would rather trade or hold in crypto, because that's the beauty of it, unlike the traditional financial service which all slow down in the holiday season.

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December 24, 2017, 06:04:47 AM
 #7

I would rather abstain from investing into any cryptocurrnecy for the moment till the next year. The correction may continue in January.
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December 24, 2017, 09:02:36 AM
 #8

Why not both. In December usually market bearish, buy the dip and invest. But in December there are many big update on alts, in there you can trading in the momentum.
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December 24, 2017, 09:42:39 AM
 #9

I will keep doing that both trade and investment, it's the most important thing in my life in the real world, because they have given me many more and more advantages. I think it's very lucky if you can do that, for the needs of every day, even for the foreseeable future, it seems that many people are investing in bitcoin, so the price of bitcoin is higher than now.
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December 24, 2017, 09:45:28 AM
 #10

Of course I trade at this time of the year. Why should I pass on an opportunity when I see one?
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December 24, 2017, 10:19:00 AM
 #11

Hi Guys
From one week ago, i saw the marketcap is decrease..So i would like to know your opinion that you are still trading or investing crypto currency in this time (Christmas time, new year time)...or you will withdraw cryto currency to usd and come back in Jan 2018.

Thanks so much
I think trading does not stop and I will continue to take advantage of the situation whenever I can. We all know that price movements are unpredictable so we must always be ready to make decisions. Do not ever assume that Christmas and New Year can slip things up, everything goes as usual and we should have a higher spirits to be able to gain much greater profits.
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December 24, 2017, 10:32:08 AM
 #12

Real crypto traders takes no vacations.  Cool

Kidding. I'd definitely look at the charts a  bit less until next year, I definitely need to get my head off crypto for a few days. I've set up some alarms via Blockfolio though, just so if certain coins I'm interested in drops in price, so I can grab some for cheap.

I thought that real crypto trader take no vacation. LOL
I do trading everyday just from application, so i always trading although in holiday.

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December 24, 2017, 10:33:34 AM
 #13

I'm planning to hold my coins because I already spent most of my cash for gifts tomorrow and the price of bitcoin is slowly going up again. I cashed out last time bitcoin went on a dip and I regret it doing it. I might invest to some altcoin once I receive some btc from my signature campaign.

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December 24, 2017, 10:35:20 AM
 #14

Hi Guys
From one week ago, i saw the marketcap is decrease..So i would like to know your opinion that you are still trading or investing crypto currency in this time (Christmas time, new year time)...or you will withdraw cryto currency to usd and come back in Jan 2018.

Thanks so much

I think this is good time to invest because the price is cheaper because of less demand so you can grab your coins at this time and make more profits in new year.But trading maybe stopped because of less profit and the high transaction fee,if you still do trade at this time you get not enough profits.

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December 24, 2017, 11:19:22 AM
 #15

Hi Guys
From one week ago, i saw the marketcap is decrease..So i would like to know your opinion that you are still trading or investing crypto currency in this time (Christmas time, new year time)...or you will withdraw cryto currency to usd and come back in Jan 2018.

Thanks so much

Still trading and holding on because i have already used to this situation of being crushed from China ban, JP Morgan criticized bitcoin, forks, segwit and price corrections. We have survived all of these attempts before and we knew that still we will not regretting it in the end so life goes on for trading.
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December 24, 2017, 11:37:05 AM
 #16

I don't trade much except on larger moves, so I wouldn't even think about moving crypto to fiat over the holidays. I'm fairly comfortable with holding crypto, otherwise I wouldn't have bought into it.

When I shift my position from crypto to fiat (or the other way round) I do this due to market events, not because of the calendar. Crypto never sleeps and I'm not going to change my position in fear of short term market movements. Especially not in fear of short term market movements. Never lose sight of the big picture Smiley

You are right, man. I trade crypto to FIAT only if something big is happening (but only for intention of shorting and not withdrawing).
This is market as you said "never sleeps", and it will grow a lot in the following years (even if it already grew during 2017. I'm sure that we will see big things coming Smiley
When I imagine this market during 2020-2030 decade, I'm thinking one word: WOW

 
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December 24, 2017, 11:44:36 AM
 #17

Yes but seems like the market is not in a good shape but I will stay pay attention to the chart and try to make profit, I do hope the market can get better after Christmas, traders never have holiday, traders only get holiday when the market is too unpredictable or too stable


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December 24, 2017, 12:10:36 PM
 #18

Of course, I would trade. Bitcoin price has been dropping and in this Christmas time, it would go down even further. So, I am planning to buy bitcoin and hold. I believe It would rise again in January 2018.
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December 24, 2017, 12:35:56 PM
 #19

Yes but seems like the market is not in a good shape but I will stay pay attention to the chart and try to make profit, I do hope the market can get better after Christmas, traders never have holiday, traders only get holiday when the market is too unpredictable or too stable

lucky me i can get around 60% yesterday (and yes, i said i was lucky). alt market is not really bad in my opinion.

agree with your point about traders life, holiday for traders will be when the market is unpredictable as hell..
to answer the OP, new year time for me is just the same like any other day, i'm still working and trading..

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December 24, 2017, 12:42:24 PM
 #20

Hi GuysFrom one week ago, i saw the marketcap is decrease..So i would like to know your opinion that you are still trading or investing crypto currency in this time (Christmas time, new year time)..

I have already cashed out some money last week to buy some gifts before the christmas night, so i am already prepared for that.

But yes, i haven't sold many bitcoins, it was less than 0.10, so i am fine with that.

I sold at a good price, i know that a lot of people were not able to sell aproximately at the all time high ($19,000 - $20,000) But i did, and i am glad of that.

But because it is christmas it doesnt mean that i am not going to trade, in fact i am going to do it doesnt matter what, the same as holding.. They are just holidays, nothing more than that.
 


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