Few Days To Christmas - How Are You Preparing?

[uchegod-21]

Why not take a little pinch out of our bitcoin stash this Holiday and make it a special one even if the market is worst or the financial landscape around the world is at chaos. At least you got the money to enjoy with the families and bring food in the table for them.

Others might have different perspective though, they don't want to touch their bitcoin and will rather have this so called "delayed gratification".

So to each its own I guess, "Different strokes for different folks".

Same with my thoughts and what I have done. No one knows tomorrow and even no one knows where the economy is heading to.
Christmas in my country try Nigeria is a period when people show love buying gifts for friends, families and relatives. It is a period when people that travelled for greener pasture comes back to dine with family. Selling some portions of bitcoin to enjoy this special season is not a bad idea. If you keep saving your bitcoin when exactly will you use it? That is not how Satoshi asked us to use bitcoin.

[SOKO-DEKE]

Same with my thoughts and what I have done. No one knows tomorrow and even no one knows where the economy is heading to.
Christmas in my country try Nigeria is a period when people show love buying gifts for friends, families and relatives. It is a period when people that travelled for greener pasture comes back to dine with family. Selling some portions of bitcoin to enjoy this special season is not a bad idea. If you keep saving your bitcoin when exactly will you use it? That is not how Satoshi asked us to use bitcoin.

You're telling the truth, really. Nobody knows what will actually happen tomorrow; we only have thoughts of what we will do in the present. As for me, I don't see anything wrong with selling some Bitcoin to celebrate Christmas, which only occurs once a year, if someone doesn't have any way to celebrate it. It is preferable to occasionally have fun so you can make yourself happy than to constantly worry about the future.

Everyone is aware that we are in a bear market and that it is not a good idea to sell your Bitcoin assets at this time because the cryptocurrency market has declined significantly, but that shouldn't stop you from purchasing some items, especially if you are spending money on things that will make you happy.

[buwaytress]

Why not take a little pinch out of our bitcoin stash this Holiday and make it a special one even if the market is worst or the financial landscape around the world is at chaos. At least you got the money to enjoy with the families and bring food in the table for them.

Others might have different perspective though, they don't want to touch their bitcoin and will rather have this so called "delayed gratification".

So to each its own I guess, "Different strokes for different folks".

Yeah, if you know you're already going to get gifts, maybe Bitcoin itself is a nice gift? I sent to 2 couples, their first Bitcoin, just a small amount that they're free to spend if they want. Holding's nice but spending gives you return much later, and that's cool too -)

Delayed gratification is awesome!

[Rruchi man]

Don't sell your Bitcoin to buy stuffs that will perish few days or weeks after Christmas.

Christmas is a time to give back, this is what I have always believed,  Today the 23rd of December and I sold a little fraction of my bitcoins to support my close friends in providing free medical outreach to people in need of it.



They have been able to put together a team of medical practitioners for this outreach, I feel happy knowing that my bitcoins has been able to assist in helping people get some healthcare.

[Yatsan]

In this industry, for sure many people are planning to enter or invest now that the market price is still low. But to those who are hesitating, they are not sure with the length of time to wait for the recovery to occur in this market which is just normal. On my end, I am just gathering capital for January to be prepared if incase there will be signs of recovery. Well, there is a chance for an uprise movement but I doubt it is bigger than the tendency to stabilize at a certain price point.

Why not take a little pinch out of our bitcoin stash this Holiday and make it a special one even if the market is worst or the financial landscape around the world is at chaos. At least you got the money to enjoy with the families and bring food in the table for them.

Others might have different perspective though, they don't want to touch their bitcoin and will rather have this so called "delayed gratification".

So to each its own I guess, "Different strokes for different folks".

Yeah, if you know you're already going to get gifts, maybe Bitcoin itself is a nice gift? I sent to 2 couples, their first Bitcoin, just a small amount that they're free to spend if they want. Holding's nice but spending gives you return much later, and that's cool too -)

Delayed gratification is awesome!

Well, wow. Bitcoin for a gift? that's too expensive, would be better if you'd have screenshots as proof. But in line with this instance, there are chances that couples might spend that amount outside this industry depending on what kind of couple they are. Some would for sure won't give that much of attention given how low the market still, is.

[The Cryptovator]

I believe Christmas is not good for crypto, but it is good for those who celebrate it. I say this because sometimes massive sells occur to celebrate Christmas, which has an effect on the Bitcoin price. Some people are concerned that prices will fall as a result of the Christmas sale. As a direct consequence, there is a massive sale. I'd like to celebrate Christmas by not selling our stock. Because your possession would make you happy once a day after Christmas.

[Davidvictorson]

We need money for several stuff this festival period, yeah, but it is a simple advice I've got for the crypto community which you are part of, Don't sell your Bitcoin to buy stuffs that will perish few days or weeks after Christmas.

Sorry OP, I am going to default on this one . Despite the current market situation, I do not think it would hurt if I spend some Satoshis. I do not care whether the item perishes in a few days or weeks after Christmas. It would make me happy. I have planned for it. However, I think the caveat here is to spend wisely and not on some foolish thing one may end up regretting.

[Captain Corporate]

Well we are getting some friends over, its going to be quite hard because its all going to be in our house, my wife has been preparing for nearly a week and it has been tiring her a lot. I would love to help, but for two reasons I haven't been able to do so, first of them is the fact that I work all day so when I finish my work and try to help her its already late, and she already did so much work during the day, second is the fact that she doesn't trust me with anything I mean I would love clean or cook or anything, but she doesn't trust the work I would do, even if I wipe the floors, she wipes after me to make sure lol.

[panganib999]

I’d rather eat yellow snow than sell bitcoin to pay for Christmas presents. Not long until Christmas now so Happy Xmas to you OP & all on the forum. I haven’t been preparing well to be honest, I have been struck down with a bad case of man flu, I’m on day four now. I’ll be better by Christmas though, I have a beast of a turkey to enjoy

As I do every Xmas I have printed off & funded bitcoin paler wallets for my loved ones. As far as I am aware they HODL every year & are yet to sell going back many years.

Xmas is a great time of year, a special time to spend with people you love. Please have the best one possible.

Seems to me that your family dig your jive of gifting them bitcoins if this has been going on for a number of christmas days already. Must be nice to have a family that supportive with investments and asset management. Anyhow, I do hope you get better soon! The christmas season here at btctalk wouldn't be the same without us guys being active and all, although I myself doubt I'd be as active once it comes around on the account that you'd have to stay downstairs and socialize in person lmao. Anyhow, have a happy hodlidays man! See you around next year!

[Franctoshi]

This is just like every other Christmas that has come and go, presicly season of love for me to touch some lives, but the difference here is that I'm using the entire December Bitcoin payment which I got from signature campaign to do some charity.

Allready I've started some gifting to people around me and I will do as much as I can to show some love to less previlaged in my country side and as well visit motherless baby homes and the widows too.

[moklefasdice]

For Christmas, I have prepared gifts for everybody in our family, especially for my sister. I am so excited to give the present to my sister Sarah. She will be really surprised to see the tickets to Bali. I know she loves to swim, so I got her a swimsuit too and some pairs of bikinis from https://www.lascana.com/Bikinis. She is going to love it! I can’t wait to see the expression on her face when she opens the gift.

[romero121]

The world is preparing to celebrate Christmas. Myself too doing the same. It is really a must to celebrate Christmas through giving. One of the above user selling a small fraction of his earnings to support the medical needs of people is really appreciable and hope such things need to be the priority of Christmas from all than celebration and partying.

[Oceat]

This maybe a great advice but Bitcoin is a coin and asset itself so, you have to use it like how it works. However, once you sell it at this current price you might not be able to buy the same price again, but if you are lucky to earn some money with your job you can afford to buy at this price or maybe it will go cheaper but we can't be so accurate if the price will go that way since the market is always unpredictable.

We just have to use whatever we had but if you're in need of money there's no problem with that if you sell some BTC but make sure you can buy it back before it grows.

[n0ne]

This maybe a great advice but Bitcoin is a coin and asset itself so, you have to use it like how it works. However, once you sell it at this current price you might not be able to buy the same price again, but if you are lucky to earn some money with your job you can afford to buy at this price or maybe it will go cheaper but we can't be so accurate if the price will go that way since the market is always unpredictable.

We just have to use whatever we had but if you're in need of money there's no problem with that if you sell some BTC but make sure you can buy it back before it grows.

Most of the time during the holiday season more selling happens in the market. People desire to spend selling what they've earned through the year. In recent years this have changed alot, because understanding the importance of having bitcoin majority of the small volume holders have stopped selling bitcoin and spending for entertainment. Life is unpredictable same is with bitcoin, so living life spending something for our happiness is needed for now.

[uneng]

There is no problem in spending a little bit more during special dates, but of course it's not an excuse to burn all your bitcoin holdings without thinking on the future. For those who live alone it must be easier to keep holdings intact during Christmas, but for those who are going to stay with their families it's not possible to not spend with them. Life is too short and we need to enjoy the good times with the people we love. We never know when it's going to be our last Christmas, so better to make sure the currently one is going to be the best of all.

[sulendra12]

I do not celebrate Christmas but it's safe to say that it's your money so it doesn't hurt you if you spend some of your Bitcoin asset for big event like this. It's not limited to Christmas only but other big events in later date if you would like to spend some of your money for some goodies and want to spread happiness with your profits.

With whatever strategy you use, you can probably buy-back those Bitcoin in later time so spending it on this big event won't matter that much as you can buy it again for example with DCA strategy for long term one.

[nullama]

I do not celebrate Christmas but it's safe to say that it's your money so it doesn't hurt you if you spend some of your Bitcoin asset for big event like this. It's not limited to Christmas only but other big events in later date if you would like to spend some of your money for some goodies and want to spread happiness with your profits.

With whatever strategy you use, you can probably buy-back those Bitcoin in later time so spending it on this big event won't matter that much as you can buy it again for example with DCA strategy for long term one.

If you just buy the same amount (or more) of Bitcoin at the same time that you spend Bitcoin then you're not really spending any Bitcoin, you're just spending fiat in the end, because you keep the same amount of Bitcoin saved.

That's the best way to keep your stash intact and also use Bitcoin.

[Amphenomenon]

Don't sell your Bitcoin to buy stuffs that will perish few days or weeks after Christmas.

Christmas is a time to give back, this is what I have always believed,  Today the 23rd of December and I sold a little fraction of my bitcoins to support my close friends in providing free medical outreach to people in need of it.



They have been able to put together a team of medical practitioners for this outreach, I feel happy knowing that my bitcoins has been able to assist in helping people get some healthcare.

This is what makes Christmas special sometimes is not about Saving or holding Currency.
This is more special because you saving life's just imagine how many people you would be able to put smile on their face just by doing this. Thanks Rruchi man God bless you for this

Christmas is not just any normal season it's a time of showing love to everyone, It is the season when Jesus Christ Our Saviour was born and spending some bitcoin to show it, is not really bad idea.
I guess what you trying to say is how much of your coin are you spending?  What are you spending it on? How important is it to you?  How do you plan to get the money back?

[Solosanz]

Don't sell your Bitcoin to buy stuffs that will perish few days or weeks after Christmas.

The worst advice I've read from high rank accounts in this forum, you're don't know how important Christmas day for the one you love. Let's say you want to give a something to the one who you're rarely met, but you didn't want to sold your Bitcoin to buy the lovely stuff for her. You didn't give anything to her and just giving a useless text, but after then she will block you since she already with the other guy.

After you know it, you become depressed and don't have any reason to life just because you're don't want to sold your coin to buy a little thing.

[Kakmakr]

Yes, very good advice.... I apply the 80/20 strategy.. where I hoard 80% of all the coins I buy and I use 20% to buy stuff. (Food & expenses)

We have to support the retailers and shops that accept Bitcoin payments .. or they will stop accepting it. So why not use the FIAT budget for Xmas and convert it all to Bitcoin and then use that to pay for the gifts and the food. (You would have spend it on that in any way, why not pay with it in Bitcoin)