Will you cash out your bitcoins for Black Friday?

[dreamhouse]

what a spectacular drop of bitcoin price... I wish it goes lower, I am ready to get more...

[ballexplorer]

Basically, I do not think that Black Friday is the reason for the strong losses in the crypt world. Some people will also sell BTC to make so-called bargains, but it does not have the potential for this sharp decline.
Why in the last 2 days this cash out is done has other reasons.

[tiktak89]

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.

[boyptc]

what a spectacular drop of bitcoin price... I wish it goes lower, I am ready to get more...

Mindset of someone that has a lot of belief to the market.

I see that it went low quickly to $4,277 and it can go lower than that. Patience people, patience. I'm not going to sell no matter what.

No announcements that would dump the price?

We will never get an announcement that the market will dump but there's someone that hinted it before the fork.

[Baby Dragon]

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. 

I would rather to hold it than to sell it out or convert into fiat. I think the biggest explanation about dropping price of bitcoin is the hard fork of BCH and I think it is the reason. I think the people who already convert their bitcoin now will really have big mistake in the future.

[sandgluenick]

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.

[EdenHazard]

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.

[Wicked Sick]

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.

[absurde]

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:)

[Biscutard]

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.

[Indamuck]

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.

[carlisle1]

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

[aoluain]

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.

[AiBBio]

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.

[Ultimist]

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.

[CryptoToxicAvenger]

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.

[acholagi]

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

[buldog16]

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.

[Gaff]

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.

[jcmansah7]

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.