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Author Topic: Has this year Christmas favor your cryptocurrency portfolios?  (Read 1071 times)
sorrros
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December 22, 2019, 05:46:02 PM
 #101

You sold your cryptocurrencies because you needed to buy christmas gifts? Come on, you did almost every newbie mistake, the rule is do not invest money what you can't afford.

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December 22, 2019, 08:12:22 PM
 #102

I think selling off wouldn't be the best for me, this is because I am very sure you sold off at a greater percentage of loss. Well for me, each time I get any token I sell off to bitcoin, so bitcoin is my major holding and as such I don't really panic.

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December 22, 2019, 08:47:12 PM
 #103

You shouldn't sell off just for Christmas time. Then you are involved in crypto for the wrong reasons. You should sell when the price is good for you and leave all external factors out of the equation. I won't be selling much. I've sold some since the price was right but not because of its Christmas time.

Remember that: we are talking about family here and not just for self alone. At the moment that's what I had to sustain the family because some individuals are owning me and effort to get the money back prove aborted, so, fall back to cryptocurrency was the last option.
These coins were bought July 2018 and where not appreciating, so, I decided to sell some portfolios to get the pressing needs out of the way. Believe me, many will take the same action I took but because it happened to they criticized my actions.

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December 22, 2019, 09:55:50 PM
 #104

Well, some altcoins I bought really favoured me and some are still in dip state but generally Altcoin favours me including day trading I did. I will say it partially favoured me going with market state.

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December 22, 2019, 10:37:13 PM
 #105

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.
Do we have another choice? Maybe we don't have and somewhat we are sacrificing some for the sake that we can help our family. Not a usual thing to happen but it could be, and I will be one of those. But I'd never have had regrets cause it to have its purpose and we helping someone important to us.
Though it looks embarrassing but somehow we think that it be gonna be happen and losing is a part of the investment journey.
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December 22, 2019, 10:45:41 PM
 #106

This Christmas season have been wonderful. Though BTC price wasn't too stable and affected a lot of things. Different speculations but if you are being careful and invest wisely definitely it will turns out to be good. A few projects I invested in turn out well including the bold step I took buying btc $6900. It's been great so far.

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December 22, 2019, 10:56:20 PM
 #107

Nothing much from my side. i sold off most assets in my portfolios which i consider less attractive and scams that may not last in the market. as for the already established tokens like bitcoin and ethereum and NEO , EOS and the rest, i am still holding and i will hold for long as i can make any good fortune from it.
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December 22, 2019, 11:05:58 PM
 #108

I am buying now, buying EUREKA COIN because when they buyback and burn tons of it over the next few years, I will own a  nice stack then every day will be Xmas for me, not just once a year. I am having a frugal Xmas this year because I want to make back what I lost in the last bear market, so not going to be doing any frivolous shopping in the name of Xmas then be left holding empty bags. I will fill up my bags this holiday season with good coins so that next Xmas I can celebrate and enjoy with all my family if I am alive and in good health. It's silly to dump at low prices, just because a ton of others are doing it. I prefer to sell at each Ath and buy back on the lows to grow bigger bags and also take profits as well. I am a little wiser than last time and they often say do the opposite of what the herd is doing, so I am buying up all the cheap coins and selling on the highs, rebuying the lows, don't care what season it is or what holiday.


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December 22, 2019, 11:30:00 PM
 #109

I also sold some of my assets, but I was lucky, I did not stay in the red. Last year I bought bitcoin, investing a decent amount in it and this year my savings have grown. Therefore, my experience in investing is quite positive.

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December 22, 2019, 11:37:26 PM
 #110

I also sold some of my assets, but I was lucky, I did not stay in the red. Last year I bought bitcoin, investing a decent amount in it and this year my savings have grown. Therefore, my experience in investing is quite positive.
I think if you sell assets in the form of bitcoin at cheap prices like now it will make you regret because usually when halving day, the price of bitcoin can potentially be very expensive, so more you can take advantage of cheap moments to buy as much bitcoin as you can and sell it when it's already back to expensive prices.

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December 23, 2019, 01:34:37 AM
 #111

I hope that the market for the cryptocurrency market this Christmas will improve a bit, but according to the current situation, the bull market is distant.

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December 23, 2019, 01:42:12 AM
 #112

You don't have to dump your investment because you have to put  your budget for your Christmas Expenses. We need to celebrate and share some gifts but it doesn't mean that you need to liquidate your asset as your budget. Make sense, think like a businessman. You can share your blessings even it is not a Christmas day so I think you made a wrong decision.
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December 23, 2019, 01:44:26 AM
 #113

I hope that the market for the cryptocurrency market this Christmas will improve a bit, but according to the current situation, the bull market is distant.
Current market conditions seem to have begun to show a recovery in cryptocurrency prices where bitcoin price exchanges have begun to rise and are likely to return to high prices and welcome Christmas and the new year which will provide fresh air for cryptocurrency traders.
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December 23, 2019, 02:22:57 AM
 #114

I hope that the market for the cryptocurrency market this Christmas will improve a bit, but according to the current situation, the bull market is distant.
Current market conditions seem to have begun to show a recovery in cryptocurrency prices where bitcoin price exchanges have begun to rise and are likely to return to high prices and welcome Christmas and the new year which will provide fresh air for cryptocurrency traders.
at the end of the year like this many people have started to leave trading activities, and I think it will run normally again at the beginning of the year. at this time I think it is still difficult to predict, where many investors are off to welcome Christmas and the new year.

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December 23, 2019, 02:37:24 AM
 #115

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.

I don't think you need to regret it op because it happened. and I think not only you who sell bitcoin to celebrate Christmas and the new year. some bitcoin holders do the same thing. actually selling bitcoin today is a wrong decision because the price of bitcoin always decreases at the end of the year. but because of the urgency of our needs we have to sell it.
then so that this does not happen again next year you should set aside some money every month for funds to celebrate Christmas. so you don't need to sell bitcoin to celebrate Christmas.

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December 23, 2019, 02:55:24 AM
 #116

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.

All of us here has a similar experience, although I have money to spare for this holiday, still the expenses are big that there are unexpected expenses that you cannot keep up, so yu have no choice but sold some of your coins even at a much lower price.

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December 23, 2019, 03:12:52 AM
 #117

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.

I don't think you need to regret it op because it happened. and I think not only you who sell bitcoin to celebrate Christmas and the new year. some bitcoin holders do the same thing. actually selling bitcoin today is a wrong decision because the price of bitcoin always decreases at the end of the year. but because of the urgency of our needs we have to sell it.
then so that this does not happen again next year you should set aside some money every month for funds to celebrate Christmas. so you don't need to sell bitcoin to celebrate Christmas.

@barabarian1 I hope you sold your coins because you were getting profits too, but if you sold them at a loss then it’s a bad decision. In my case I’m holding lots of money in bitcoins and I did sell a small amount because I wanted to gift someone a Christmas gift, but overall I didn’t completely liquidate my portfolio like you did. Hence my overall experience was positive because I was able to make someone happy, and the fact that I didn’t sell my coins at a loss was a bonus for me.
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December 23, 2019, 04:12:27 AM
 #118

This really impacts allot of us, from giving gifts, receiving gifts as well, christmas bonuses, christmas sales and more other aspect of finance that could change the way how we spend our money in a short time yearly season. But when it comes to cryptocurrency, I don't think we should consider selling our hodlings just for the sake of giving gifts and pressure. We should have extra money (fiats to consider) for us to have something to give to others. But when we don't have, we don't need to urge and sacrifice funds that are alloted for our needs.
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December 23, 2019, 04:19:37 AM
 #119

Before Christmas or the end of the year should you throw the coin that you hold because most will crash because many holders and investors sell it at Christmas because of the need and it has become a habit of the previous years. So I was not confused if the pair that I sold yesterday was quite high than when Christmas arrived or the new year.

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Polar91
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December 23, 2019, 04:48:02 AM
 #120

All of us here has a similar experience, although I have money to spare for this holiday, still the expenses are big that there are unexpected expenses that you cannot keep up, so yu have no choice but sold some of your coins even at a much lower price.

And it is quite really hard for some cases that people would come into your house in Christmas and you have nothing to offer them so you are urged to use and convert your cryptocurrencies to gifts and foods. Though, the main advantage of this is that, in this kind of season, the price of cryptocurrency often increases so you can convert the profits you have and still hodl your cryptocurrencies in your own wallet. But make sure you've still have enough because over spending your cryptocurrency is hard especially if you are a trader and wants to regain your profits.
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