Will you cash out your bitcoins for Black Friday?

[reynald70]

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.

[willwin66]

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.

[Olayinka225]

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.

[Abal Abal]

for now I will still try to hold my bitcoin assets, maybe even until the end of 2019, because I am sure that in 2019 bitcoin will experience major changes.

[mongkie]

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. 

no it is not economical and practical. if you consider crypto assets as an investment and hoping that it will grow, then it is not right to withdraw and buy on sale stuff on black friday.

[Anarchist]

Friday, Monday or whenever you want I am not going to sell my bitcoins. No way. I prefer to wait 6 or 12 months and wait. It's so crazy to sell right now. Better to leave the market once for good

[bigbosma]

Of course, I really like the discounts and the tradition of total price reduction on Black Friday. But I still won't sell my bitcoins for this event. I have much bigger plans for him.

[aray80]

some investors may have the same purpose in investing but for others it might be for the happiness of his life later and I think if indeed this event is something valuable in his life then it must sell a loss for happiness which is his goal

[hastag_80]

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 thinks theres nothing wrong to cash out our bitcoin on black friday as long as we can gain good profit theres nothing to worry about it,otherwise these happen of price drops of bitcoin and why people are panic now and change some of there crypto coins into fiat money,because they thinks the market is bad .

[imstillthebest]

~ snip ~

I thinks theres nothing wrong to cash out our bitcoin on black friday as long as we can gain good profit theres nothing to worry about it ..

how can we earn a profit if the value's of all the cryptos are always down ?  that simply means that cashing out is a verry bad idea even if its not a black friday or whatever holiday it is  .

Of course, I really like the discounts and the tradition of total price reduction on Black Friday. But I still won't sell my bitcoins for this event. I have much bigger plans for him.

if you trully like the concept of this black friday but you dont like to sell your btc for fiats  , then why cant you just buy items directly online using your btc's ?  in that way , you can save some even better discounts .

[nellakarisma]

if I will never withdraw the bitcoin that I have. because the price has dropped sharply. so I will lose a lot. whereas I invest just to save assets for the long term ..

[memecoin]

Expenses are inevitable and most times imperative and when the need calls you would have to meet up.

That said, 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.

Yes, this is the first year I saw this event so much larger than in previous years, and have not seen how many components will withdraw, how many calls. Withdrawing money can be quite a lot but I think there will be no impact .

[jerrison]

no way! that ain't going to happen. black fridays come and go but the price of bitcoin is not as definite as black friday. if i decide to empty my bitcoin for black friday and then the price of bitcoin then gets a bullrun, who do i blame and then the black friday purchases can never be matched with teh percentage appreciation of the bullrun.

[Lazada]

I divide some parts, because as smart people we have to be able to do financial management well. Never be tempted by a situation, look at the current situation. good management will make us feel comfortable and we will also get closer to success. Never do anything stupid and keep the investment that we have in the crypto world.

[Harkorede]

I thinks theres nothing wrong to cash out our bitcoin on black friday as long as we can gain good profit theres nothing to worry about

I 'm pretty sure people who bought BTC at a rate of above $12,000 will also agree with you on this ? I mean, why would Someone cash out of an investment that would result in relatively high amount of loss just to buy some items of 10-50% discount, and moreover, considering the discount wouldn't even amount to 20% of investment loss.

[wow.magic]

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.

I agree with you, you can use cash for purchasing on Black Friday discount is big help for one shopper but using bitcoin in this occasion is not better, cause bitcoin is more value than cash.

[bolbau]

jika melihat situasi harga pasar bitcoin hari ini, mungkin saya tertarik untuk mengambil bitcoin dan membelanjakannya pada saat black friday. setidaknya saya sedikit bahagia dengan mendapatkan barang diskon, walaupun mengalami kerugian nila aset yang cukup besar haha.

[QuestionAuthority]

jika melihat situasi harga pasar bitcoin hari ini, mungkin saya tertarik untuk mengambil bitcoin dan membelanjakannya pada saat black friday. setidaknya saya sedikit bahagia dengan mendapatkan barang diskon, walaupun mengalami kerugian nila aset yang cukup besar haha.

[jpoker272727]

With the market situation it is not applicable to cash out your BTC.
It is more comfortable to buy more at this rate and wait for the comeback.
BTC is kindly dead for now as the market fall a lot and huge.
if you will buy now you can earn more in the near future!

[Indai24]

With the market situation it is not applicable to cash out your BTC.
It is more comfortable to buy more at this rate and wait for the comeback.
BTC is kindly dead for now as the market fall a lot and huge.
if you will buy now you can earn more in the near future!

Same here, it's not advisable to cash out your BTC specially for having this type of situition. It will not help the market and you might regret for it.