No Christmas gifts this year, all my money in Bitcoin

[eternalgloom]

Who's with me?

Not me, because I'm not an idiot.

Sorry to be this harsh, but if you're investing more than you could cope with, you're an idiot.
Why would you invest that much money into Bitcoin, so you don't have anything left to buy gifts for the people you love?

Look, this whole tradition of giving gifts might be a little bit silly, I get it... But you're basically saying that you don't have any extra funds now.

[kokobaba880]

Yes last year we have celebrated Christmas in a good way but this year no Christmas gift will be for us and foe others too because the market is very red and we can not make money so it's time to search for a job and leave the market for some time because it is difficult for those who are fully dependent on crypto.

[ngusmin]

I think it depends on what you think is more important, and if you don't want to sell low because the current price is low then hold it tight, but if you think the gift is important then you can sell a portion of bitcoin.

[Daniel91]

I'm sorry because of you.
But, it's not good idea really to focus only on one thing in life.
There are many much more important things in life like family, love, health etc.
Also, keep your regular work, don't quit.
Bitcoin or crypto should be just additional, possible bonus for you.
You shouldn't depend to much on crypto, it's not healthy really.

[worldofcoins]

Who's with me?

I feel and share the same pain as you, but hopefully the new year to come will be better so as to make Christmas gift buying more of a routine, but that's probably too dreamy 

[arpon11]

nah, family needs to celebrate the holidays

Christmas time is really time to spend and not to save.  However,  it is better your fund should be in bitcoin than using it at this impose moments.  Investing into cryptocurrencies is like investing into the future and I believe that what op is holding now will make him rich in future.  Remember that cryptocurrencies market is going to recover and since we would ever have another Christmas I think we can actually make investments now and enjoy the future with enough funds.

Yes last year we have celebrated Christmas in a good way but this year no Christmas gift will be for us and foe others too because the market is very red and we can not make money so it's time to search for a job and leave the market for some time because it is difficult for those who are fully dependent on crypto.

This time providing us with an opportunity to buy bitcoin again at a very low price.  Last year many of enjoy Christmas because we were able to buy at low price when bitcoin was downed.

[speeder]

I am in the same situation...and besides that I don't  know what to expect from Bitcoin as it does not show signs of growth, and in this summer i was so hopeful that the prices will rise in this period, and in december i'm gonna earn some money so i would be able to buy gifts for Christmas..and many other things..

[jointherevolution]

It is good to cut down cost and not gift ungratefule family members but I will make sure to gift those who supported and my immediate family. Bitcoin might go up or down but you will need to keep some bonds with family.

[jagdeepjd]

It's sad to hear that but you should not have been all in as the market is very volatile you should have known the risks involved in it. Nonethless you must celebrate christmas dude it comes once in a year so take some time out from crypto and have fun with your family.

[Mometaskers]

I specifically avoided everything bitcoin for the past 3 months so that I'd just hold (I made a bet that nothing disastrous would happen within that timeframe).

So finally decided to take a peek and it's currently at 3k. Not what I was hoping for but guess it could have been worse. There's a fat chance of going to the moon or at least approach the last ath before the year ends.

[TheBunting]

This is the main approach I an taking to my investments in BTC. Altcoins can be looked at slightly differently depending on if money was invested pre-ICO and some impressive growth has been made.

As for Christmas, as much as I would love to invest all my Xmas money into BTC... I would feel rotten if I didnt buy my family some gifts to enjoy over the festivities.

nope. going for high risk high reward ICO pump and dump is not the game at all
your thinking high risk but potential of 2x in a few days.

its far better to go with the low risk potential of 2% in a few days. that will give your haul a good healthy low risk 300% over a year which then when the events align for the odd 2x spike. make it 600%+

playing the short term hopes of 2x thinking oh well i didnt get 2x this week lets try another ICO next week. is a gamblers game of always betting on 13 hoping you just need a couple good wins to balance you out. but the flip side is a couple bad losses will trip you up even more.

dont aim for waiting for or hoping for 2x wins.  just nibble at the 1-2% daily standard movements. it will all add up in the end

as for christmas. .. well any time.
dont invest more then you care to lose. in most cases work out what you spend on disposables. EG fast food that just ends up as a toilet flush the next day.. invest that. and constantly invest that. knowing its no loss because it would only end up as a toilet flush at the end of the day.
and also if you ever do get hungry for fastfood. you can buy it via selling some coin because you dont care about exchanges rates as it again is a zero loss game your now playing... your just no longer having to see all your funds get flushed down the toilet

No I wasn't disagreeing with your low risk ideology. I have only invested in 2 ICOs ever and they were well known ones. The vast majority of my money goes into the accumulation of BTC/ETH pretty much regardless of the price its at.

I must admit though, sacrificing the takeaway cash for BTC can be a struggle since i LOVE chinese food, however the prospects of using it to invest and potentially grow are much more tasty  

[aoluain]

Sorry im not with the OP. I dont have all eggs in the same basket. While I top
up regularly its really only what I can afford after all other essential bills are
paid.

This is not a sprint, its a marathon!

Chridtmas will be fine.

[burky156]

No way, if you don't celebrate the christmas you are not living normal life. First of all celebrate xmas and wish luck to yourself. And i am not sure about the BTC price as well. It could drop more with this market conditions. I would like to recommend that you need to wait more for buying BTC. But you can go to altcoins market, there are many coins that they have great oppurtunities.

[leetcoiner]

Who's with me?

There is a possibility that the gift for Christmas to all bounty hunters, investors and brokers will be a market reversal and we will finally see the rapidly increasing performance of bitcoin and other cryptocurrencies. Actually, I hope that we will be able to see a similar picture by this new year or even a little earlier.

[Gary Levanevskii]

I think that a gift does not always have to be expensive. Sometimes pleasant emotions are much better than expensive gifts. I think that next year You will be able to give your loved ones many good gifts.

[Kimi80]

 I am not with you but not because I have something against but because I feel different. There will be Christmas gifts but I hope that there will be money for bitcoin too. Only thing that could change my mind would be some crazy price jump that I wouldn't like to miss.

[FastSlots]

i think we will see bitcoin moon very soon.i never expected bitcoin price to fall below 6k usd.this year is most crucial period for bitcoin.and good days will come soon.

I don't think the good time will come very soon! Rather I would say the crypto market will take time to recover its good price. Though I expected to see bitcoin under 5K USD but I never expected bitcoin can down to under 4K USD! Now, BTC can go even under 3K USD in near future. But this is not the end, good time will come soon or later, let's wait for that with hodling strong!

[Al-e_x]

I think only old holders will celebrate Christmas. however, the majority of crypto users will not sell crypto for Christmas and holidays. they choose to hold in unpredictable times.

very sad, BTC and the market were destroyed, we only see fake uptrend this year.

[bellamente]

Let's run the flash mob!

I will give all my friends - Bitcoin!

This idea will be able to expand the market and we will see 5000 - 6000 - 7000 dollars ...

[bettercrypto]

Yeah, this is nice! At least for now, your holding for the future. However, Christmas is not about the gifts we give, not about the food we have on the table, not about the decorations. It is about about love and family. Simple and yet happy celebration will do. Who knows maybe next year will be a grand celebration.