Post
Topic
Board Bitcoin Discussion
Re: You selling to buy Xmas gifts or using bitcoins to buy Xmas gifts?
by
adzino
on 19/12/2019, 07:42:29 UTC
I disagree. I don't think people selling a portion of their Bitcoin stash would cause that much pressure on the price. It's just Bitcoin volatility, nothing to do with Christmas in my opinion. Besides, I don't think there are many people who put their holiday's budget in Bitcoin. That's would be risky and stupid, might ruin your holiday lol.

No, I'm not selling my Bitcoin now. I'm not selling it for my holiday. I have a separate budget for it. Selling your Bitcoin now would cause regret in the future, believe me.
Lol, their speculations are based on random bullshit. They think that since Christmas and New year is coming, people will start selling their coins to buy gifts, thus the price will fall. Do they even know how big this crypto market is and that this small selling won't even affect the price  much? Coincidentally, we have seen the price drop recently (and now those predictors think that they were right haha) but at the same time, it did recover a little.