efxtrader
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December 24, 2019, 06:27:15 AM |
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I couldn't hold it back any longer; as I have sold off my major portfolio because of Christmas celebration. This hold started from last year July, 2018 and now, couldn't hold them again as I have sell off my assets because of the pressure from the family members. After the sale of this asset this evening, I was perplexed as how much I just dumped, all in the name of Christmas.
What are your experience: positive or negative.
It is better to invest using idle funds so that if we have a plan for long-term investment, it will not disrupt our financial flows. Crypto prices always fluctuate and we cannot predict when prices will rise or when they will fall, but if we use idle money, we will be calmer even though the market is not good.
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starblocks
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December 24, 2019, 06:29:36 AM |
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That's a rather silly idea just to dump them just for that reason because you'll probably find the market won't stay stagnant for too long as we pass this festive season so make sure you don't sell too cheaply if you don't have to as you may find some benefits later if so
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TanakabZX
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December 24, 2019, 07:15:04 AM |
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I made few $$ from a long waited bounty reward that started trading, i used the $$ to buy bitcoin straight up and keep in waiting for 2020, i expect btc halving to affect the price drastically
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gurunanakji777
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December 24, 2019, 09:12:33 AM |
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I also sold many coins from my portfolio as its now hard to hold because I have to meet out my expenditures. This year I was expecting some good move but in the end, all my hopes are gone but I am disappointed that I could not hold.
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alexsandria
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December 24, 2019, 10:26:10 AM |
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I couldn't hold it back any longer; as I have sold off my major portfolio because of Christmas celebration. This hold started from last year July, 2018 and now, couldn't hold them again as I have sell off my assets because of the pressure from the family members. After the sale of this asset this evening, I was perplexed as how much I just dumped, all in the name of Christmas.
What are your experience: positive or negative.
Just passive. I don't know literally why but I haven't anything much to do, just doing the same thing even when Christmas season has come. May be because I am not a typical person who got a lot of stuff out there. Well, I just feel pressure when I have a thing much needed to buy, that I always got dilemma between is it I need to sell or just keep my coins and don't buy that much needed stuff.
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Jpt
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December 24, 2019, 10:37:36 AM |
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Certainly, there are many coin holders who have gone through similar situations like yours. But, the crypto market is correcting itself on the occasion of Christmas with bitcoin increasing in price. So, I want to request coin holders not to clear off their holdings just for festivals like Christmas. They can sell a portion of them to manage money for Christmas.
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slaman29
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December 24, 2019, 11:39:22 AM |
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Certainly, there are many coin holders who have gone through similar situations like yours. But, the crypto market is correcting itself on the occasion of Christmas with bitcoin increasing in price. So, I want to request coin holders not to clear off their holdings just for festivals like Christmas. They can sell a portion of them to manage money for Christmas.
I think this was debunked last year, there is no Christmas increase. In fact, if you really want to correlate, Christmas is when people are spending money, not investing in it. So they would be liquidating bitcoin and crypto for fiat, not buying more BTC with fiat! There is no seasonal period in crypto I'm sure. Not everyone who has Bitcoin thinks of Christmas as a big deal anyway.
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naikturun
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December 24, 2019, 01:22:53 PM |
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well you are too pushy if you do not have money for your needs you might be able to take out a loan, especially if you sell in large quantities, I also know July 2018 the market is still in bad condition I do not know the exact date when you buy. I still hold a few coins that are still losing, I will not sell it now because the value is still down.
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lolgato1
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December 24, 2019, 01:38:26 PM |
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Comparing with Christmas in 2017, crypto holders will have much cheaper Christmas, right? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) But the real crypto believers will buy a big amount of cryptocurrencies for cheap and they will have a nice present for Christmas . ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Vishnu.Reang
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December 24, 2019, 01:46:34 PM |
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I also sold many coins from my portfolio as its now hard to hold because I have to meet out my expenditures. This year I was expecting some good move but in the end, all my hopes are gone but I am disappointed that I could not hold.
Many of the little known altcoins have gone down by more than 90% so far in 2019. I was a bit luckier, as I sold most of my coins in 2018, by converting them to either ETH or BTC. Had I held on to them, then I would have incurred very heavy losses. I strongly suspect that we are witnessing a phase of market consolidation. Useless alts are getting nuked and their market caps are getting concentrated on a select bunch of established coins.
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HabiebRiziq
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December 26, 2019, 06:12:21 AM |
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I couldn't hold it back any longer; as I have sold off my major portfolio because of Christmas celebration. This hold started from last year July, 2018 and now, couldn't hold them again as I have sell off my assets because of the pressure from the family members. After the sale of this asset this evening, I was perplexed as how much I just dumped, all in the name of Christmas.
What are your experience: positive or negative.
It is better to invest using idle funds so that if we have a plan for long-term investment, it will not disrupt our financial flows. Crypto prices always fluctuate and we cannot predict when prices will rise or when they will fall, but if we use idle money, we will be calmer even though the market is not good. We must distinguish money to be used in investing in cryptocurrency and also the money we use for our daily needs so as not to interfere with our financial situation because sometimes we invest into cryptocurrency without thinking about our current financial condition and will easily put money or invest money into cryptocurrency without thinking about it.
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Kvalentine
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December 26, 2019, 08:54:12 AM |
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In terms of market value there is no big difference from present market to 2018 crypto market, the only difference is bitcoin value, many altcoins keeps losing value even the good ones, this year is not encouraging for altcoin fans like myself, all i have to keep doing is waiting for changes
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meliodas
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December 26, 2019, 12:03:32 PM |
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In terms of market value there is no big difference from present market to 2018 crypto market, the only difference is bitcoin value, many altcoins keeps losing value even the good ones, this year is not encouraging for altcoin fans like myself, all i have to keep doing is waiting for changes
If you are not yet invested in the market of the altcoins then this is a great opportunity for you to invest because the prices are so cheap and it is a one time big time opportunity in our entire life. You should invest a small portion of your cash and hold them long term and you will see the beauty of cryptocurrency investments.
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aomakun
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December 26, 2019, 01:43:08 PM |
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In terms of market value there is no big difference from present market to 2018 crypto market, the only difference is bitcoin value, many altcoins keeps losing value even the good ones, this year is not encouraging for altcoin fans like myself, all i have to keep doing is waiting for changes
If you are not yet invested in the market of the altcoins then this is a great opportunity for you to invest because the prices are so cheap and it is a one time big time opportunity in our entire life. You should invest a small portion of your cash and hold them long term and you will see the beauty of cryptocurrency investments. investing in altcoin is indeed quite difficult but if we have free funds then just try investing with small funds. the most important thing is we can understand the price circulation and also ways to invest in altcoin, maybe it can be profitable if investing in altcoin that has a good volume.
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Visbay
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December 26, 2019, 06:40:26 PM |
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Even though I did not withdraw the cryptocurrency assets, I still got a loss and threw away in vain because I traded and the price of the altcoin that I hold went down very far until now.
First of all, you should not trade at the wrong time and after that, before spending your money on a coin you must make research and invest in good coin only just like bitcoin so there will be no loss. Buy some bitcoin as it's Christmas and price is good to buy later on the price will increase so spend your money and buy some Bitcoin to hold or trade for the long term.
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Sebas.tian (OP)
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January 01, 2020, 07:27:50 PM |
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Christmas has come and gone, the goodies that came with it will still stay with men. Although, on my part as posted has been tough and rough. Hoping for a better 2020 where investors like me will smile and laugh away their shame. Will officially applause those who encouraged me and those who chip into me wisdom from cryptocurrency. Will officially lock this thread, have a wonderful New Year to all.
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