Advice for the season.

[glendall]

the end of the year is the end point of everyone's bookkeeping in finance, so if there is more money there is nothing wrong with taking a short vacation before welcoming the new year, but we must plan for the next year better because, spending every year will definitely increase so we led to the existence of the expenditure plan,
similarly in the crypto cycle after 1 year of turbulence at the end of this year the market wants to take a short break for refreshment in early 2022, with new surprises whether the market will do better or we will run from a bear market

[TheEconomists]

Many thanks for your advice anyway but am sure many people hear knows what to do with their hard earned money and if anyone choose to spend it the other way that may their way of life they choose to spend their money for money is actually meant to be spent on something dear to you. Good people please enjoy yourself for life has no duplicate!!

[xSkylarx]

Many thanks for your advice anyway but am sure many people hear knows what to do with their hard earned money and if anyone choose to spend it the other way that may their way of life they choose to spend their money for money is actually meant to be spent on something dear to you. Good people please enjoy yourself for life has no duplicate!!

Agree its our own preference. If we like to spend it one day then why not its our choice as long as its our money and we dont go broke . Also before spending think ahead before spending all so that you do have something up to like putting a small business that would be as a remembrance for that money

[yhiaali3]

Merry Christmas to all, this is a good tip to remind those who work all year to spend their money on this day and on New Year's Day too, that's a big waste spending all these big expenses in one day, but this has become a habit in society and it's hard to get rid of, price Bitcoin is low now so it is never wise to sell at this price for Christmas because we are on a date with a big rise at the beginning of the new year and selling large quantities at this low price will cause a lot of profit loss.

[Darker45]

It would be nice to spend during this holiday season. But it shouldn't be made out of whatever external pressure.

Christmas is a season of giving, having fun, taking a break, and so on. Especially if there are little kids around, it would always be best to let them feel the spirit. It is highly encouraged to spend a good amount so that these little kids will be opening gifts, sharing smile and laughter, eating their favorite food, and so on.

Even to a poor family, Christmas is, or should be, the most joyful and wonderful time of the year. You have more than 350 days in the whole year to save a little for this special season.

Don't be the Grinch!

[Shasha80]

It would be nice to spend during this holiday season. But it shouldn't be made out of whatever external pressure.

Christmas is a season of giving, having fun, taking a break, and so on. Especially if there are little kids around, it would always be best to let them feel the spirit. It is highly encouraged to spend a good amount so that these little kids will be opening gifts, sharing smile and laughter, eating their favorite food, and so on.

Even to a poor family, Christmas is, or should be, the most joyful and wonderful time of the year. You have more than 350 days in the whole year to save a little for this special season.

Don't be the Grinch!

Actually I always have a routine agenda every Christmas and New Year, usually I always take my family on vacation. As you said, everyone wants
to celebrate Christmas and New Year with their family, so be sure to prepare for this special moment well. But because COVID-19 has spiked again
due to a new variant, I chose to spend time with my family at home. So it looks like for this year I will not spend a lot of money to celebrate Christmas
and New Year. Even though the profit I made from investing in crypto this year was much greater than the previous year. But because of COVID-19,
the percentage of coins that I have sold for Christmas is not as big as the previous year, because I might just eat some foods with my family at home
and buy some Christmas gifts for the kids.

[traderethereum]

Hopefully, this new year will be different than previous years as we can go to the public areas, although social distancing is still needed.
Although the crypto season is still not showing a good movement, we should be grateful that the price is not going down too deeper and can still increase soon.
We do not have to sell our coins to celebrate the new year because we still need to prepare for the bounce up of the price that could happen after the new year.
If you want to sell your coin for your needs, you need to calculate how much your needs are not to spend almost too big to celebrate the new year.

[Leviathan.007]

My best advice for the season is to try to have your own money management strategy, avoid acting with your emotions and stick to the plan especially if you are working on financial markets such as cryptocurrencies because recently, we see many people talking about the price in short term and to do panic sell or greedy buy and all these emotional decisions. History already gave us this advice to have patience in the financial market, the price may go down in a day for 15 percent or even more, and here is the price level where everyone will do panic sell while the successful investors will no such thing and that's how they get profits.

[Reid]

Thank God I have my wife to do all those budgeting.  I don't want the trouble listing every grocery item that she needs to buy. I just need to bring her the money and some allowance then everything will be served smoothly. We don't really spend much during the holidays. It's enough that we are together and enjoying simple food on the table.
I don't think it will scratch our cryptocurrency savings as we have cash all ready for this kind of events. Thanks for the heads up though and I agree with what you are trying to say.

[TheUltraElite]

Don't bend to societal pressure of over spending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to  spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.

I dont even think that the chance of spending crypto for buying stuff exists in most countries but only a selective few where it has been made easily exchangeable. Even then many people will have been saving up for the holidays and they will spend a lot of buying gifts for their loved ones and booking tickets back to home countries, there is no problem in that, every one needs a break for crypto and spending time with family.

The current market price is not indicative of that, there was a rise in price last evening to 49k and then drop back to 48k and today it is at 49k again. This is indicative of a bullish trend or a buying pressure which is opposite of what is generally expected. It can also mean that people might be spending but there are buyers for bitcoin.

[Poker Player]

Don't bend to societal pressure of over spending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to  spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.

I agree with the second part of what you say, but not with the first part. I have more liquidity than ever, I follow a spending budget in which the first thing I do is allocate money to investments, and, in addition I also have a section for myself to enjoy. Why shouldn't I do it at this time of the year?

Regarding the second part, yes I agree, assets should not be sold to spend on Christmas/Holidays/parties. They should be separate things.

You'd better build your assets and also enjoy life.

[bitzizzix]

It all depends on the situation and circumstances of each individual and what they do is their right and as long as they make money for their loved ones I think it is okay to have fun with their beloved family.
The important thing is to do it as needed and we can look for it again or make a new plan so that the expenses that occur can be covered because we are looking for money for them and so they can feel fun on holidays or the most important moments.
Don't be stingy if it's for the people we love even though they are in a disadvantageous position, because there are times when we feel loss and gain for the people we love as long as they are there and together.

[Masplanc]

Celebrating is good, but do not do what is bigger than you because of all in the name of celebration. Celebrate according to your the size of fund that you can afford.  Do not try to meet up with the expenses of Celebration. The season will come and go but the debt of expenses will still be there to clear off. If no money to Celebrate relax , money will definitely come and the next season will be Celebrated very well . Do not leave debt on your head because of Celebration.

[istiak2277]

Don't bend to societal pressure of over spending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to  spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.

Success is not only earning money but keeping it and increasing it. Many people earn some profits from their investment and then they use that profits for their pleasure. But what we should do is something else. We could circulate our profits to another project to increase our wealth. What we do today could change our future forever.

I always have some plan for such an occupation where I need money. So I hope I do not need to sell my initial investment in case of emergency.

[ChiBitCTy]

This is actually pretty good advice overall, but I would add that no one can really control whether they have to use their money (or bitcoin) if it’s all they have to spend. It’s great to try and save up as much crypto/bitcoin as possible but bills have to be paid. I guess you might be referring more so to extra spending, in that case of course you should always do you best to save.

[Coyster]

Don't bend to societal pressure of over spending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to  spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.

Actually you do have a point, but mind you that one can't hold and hold all year long without spending, there are times when spending becomes very necessary, there are other times when you just have to spend money to celebrate the season, in my opinion, there is nothing wrong with that, as long as you're not spending above your earning/income, then there is absolutely nothing wrong. The Christmas period is a time to share/show/send love, thus if you must spend to make your loved ones happy, then go ahead with it, just spend wisely and with caution, and remember to always have plans of growing your investments in the following year.

[Kasabus]

Don't bend to societal pressure of over spending during this festive season, make serious plans for the celebrations and the coming year, Don't fall into the trap or bend to the pressure of selling off a percentage of your cryptos to  spend this festive season, a new year is coming. January is usually a long month that carries along a lot of expenses, make plans and preparations now for tomorrow, spend wisely today.

Actually you do have a point, but mind you that one can't hold and hold all year long without spending, there are times when spending becomes very necessary, there are other times when you just have to spend money to celebrate the season, in my opinion, there is nothing wrong with that, as long as you're not spending above your earning/income, then there is absolutely nothing wrong. The Christmas period is a time to share/show/send love, thus if you must spend to make your loved ones happy, then go ahead with it, just spend wisely and with caution, and remember to always have plans of growing your investments in the following year.

Well, Christmas makes us more spending as it has always been the trend eversince. As long as you have separate budget for it without touching those other funds intended for your savings, i guess that will always be fine. And besides, its a once a year celebration so it's never a bad idea to spend as long as you are not overspending. Because if you do, then it's always possible that you will be struggling in your finances in the next months to come so better spend only according to your budget limit.

[The Sceptical Chymist]

If you have to sell crypto in order to buy presents or anything else, there's a good chance you're overinvested in crypto to begin with.  Whales sure as hell aren't selling their bitcoin/ETH/etc. to buy stocking stuffers, and as long as you have enough fiat to buy such things with, it makes no sense to use crypto instead--not with inflation starting to get out of control and while bitcoin is still near $50k.

I'm not sure about the "societal pressure" part of your statement, OP.  We all experience that in one form or another and bend to it to some degree whether we like it or not.  If you want to be a grinch during the holiday season, that's your prerogative, but I think it's a nice thing if you can afford to buy friends and family some gifts at least once a year.

Buying them with bitcoin is a mistake, however, unless you have so much of it that your gift budget doesn't even put a dent in your holdings.  And even then I'd still spend fiat rather than bitcoin for the reason that I mentioned.  Why be stupid with your money?

[Botnake]

This is actually pretty good advice overall, but I would add that no one can really control whether they have to use their money (or bitcoin) if it’s all they have to spend. It’s great to try and save up as much crypto/bitcoin as  possible but bills have to be paid. I guess you might be referring more so to extra spending, in that case of course you should always do you best to save.

Bills should always be paid because they are our monthly obligations and knowing that we got to consumed and benefited from them. But when it comes to extra preparations like Christmas and New Year, i guess it will not be bad at all if we spend for foods for noche buena and for gifts to share this holiday season. Other than that, it may mean spending too much already. But in the end, its your own money so you are responsible to manage your expenses, enough that it won't create troubles in the next year and made you suffer financially.

[Gozie51]

The season will come and go but the debt of expenses will still be there to clear off. If no money to Celebrate relax , money will definitely come and the next season will be Celebrated very well . Do not leave debt on your head because of Celebration.

Most people will get carried off by the euphoria of celebration to over spend. They drink alot and get intoxicated making them to lose control to do sorts of things that they regret after the effect of the drink go off then. This simply a time to be careful in every thing we do including driving this season because this season will come and go, we don't need to regret after the season.