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Christmas worri the price of bitcoin?

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Author Topic: Christmas worri bitcoin price?  (Read 6917 times)

Offline Stuart

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Christmas worri bitcoin price?
« on: December 26, 2018, 03:35:00 AM »
I de feel say this Xmas celebration worri the price of bitcoin  oh. Bitcoin for don pass this bears of $3999, becuz, 1 week be4 Christmas, the price of bitcoin start to rise, and na so all altcoins dem too follow de rise, but, as e just enter this Christmas week, the price dem drop again.

Christmas celebration de worri the price of bitcoin?
Cast your vote.

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Christmas worri bitcoin price?
« on: December 26, 2018, 03:35:00 AM »

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Re: Christmas worri bitcoin price?
« Reply #1 on: August 13, 2021, 05:33:14 AM »
What about the price of dbx tokens?

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Re: Christmas worri bitcoin price?
« Reply #2 on: December 16, 2023, 03:45:55 AM »
I de feel say this Xmas celebration worri the price of bitcoin  oh. Bitcoin for don pass this bears of $3999, becuz, 1 week be4 Christmas, the price of bitcoin start to rise, and na so all altcoins dem too follow de rise, but, as e just enter this Christmas week, the price dem drop again.

Christmas celebration de worri the price of bitcoin?
Cast your vote.

Usually e get some certain factors wey dey affect the Bitcoin trend, people believe say Christmas period like this dey usually affect Bitcoin price because plenty people wey get Bitcoin go mostly wan dey sell this festival period, s that them fit get money to take chop the Christmas and also to travel or do the things them wan do this Christmas, so if plenty people dey sell their Bitcoin, then surely he price go dey drop nah.

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Re: Christmas worri bitcoin price?
« Reply #3 on: December 16, 2023, 11:57:14 AM »
Abi make I cun talk say all the Bitcoin traders done go 4 small Christmas break.
Well, I feel say dis festive period, na piple wey get small Bitcoin funds dey consider 2 spend, considering de fact say their Bitcoin no plenty. And as 4 those wey get plenty, dem fit still consider 2 remove small. We no go fit blame anybody if dem choose to use from their Bitcoin. Inflation dey affect piple anyone, so man gat fall back to the last means.

Na y I dey always advice say mak piple dey get multiple source of income, so dat their bitcoin investment go fit be 4 long term.
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Re: Christmas worri bitcoin price?
« Reply #4 on: December 16, 2023, 12:51:49 PM »
Normally for this kind of period naim you go see say plenty people dey do transactions to sell and to buy their Bitcoin no wander the mempool dey very congested wey go fit make your moni hang for air for upto a week until you increase the transaction, normally people dey lavida well well for this period, but make we nor forget say next year na Bitcoin halving oo, and after the halving na better bull run wey we go experience oo, so make we no go dey sell our bitcoin any how, e go good if we hold patiently Waite for the bull run.
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Re: Christmas worri bitcoin price?
« Reply #5 on: December 16, 2023, 05:35:44 PM »
Normally for this kind of period naim you go see say plenty people dey do transactions to sell and to buy their Bitcoin no wander the mempool dey very congested wey go fit make your moni hang for air for upto a week until you increase the transaction, normally people dey lavida well well for this period, but make we nor forget say next year na Bitcoin halving oo, and after the halving na better bull run wey we go experience oo, so make we no go dey sell our bitcoin any how, e go good if we hold patiently Waite for the bull run.

E good to chop Christmas well, but nah now be the best time to HODL, because from next year, Bitcoin price go accelerate wetin no nice, following the ETF approval and Bitcoin Halving, so anybody wey get Bitcoin now, make e hold am well and people wey no get, make them rush dey buy like this.

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Re: Christmas worri bitcoin price?
« Reply #6 on: December 16, 2023, 07:22:02 PM »
Yeah normally it would have affected it. But due to the recent bullish market alot pipo go dey fear to sell and beside next year nah still Btc halving. It might still affect am sha but e nor go too much Bcoz many pipo go wan flex for Christmas so dem go close some investment.

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Re: Christmas worri bitcoin price?
« Reply #6 on: December 16, 2023, 07:22:02 PM »


Offline Coinmama7824

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Re: Christmas worri bitcoin price?
« Reply #7 on: December 17, 2023, 07:17:08 AM »
Yeah normally it would have affected it. But due to the recent bullish market alot pipo go dey fear to sell and beside next year nah still Btc halving. It might still affect am sha but e nor go too much Bcoz many pipo go wan flex for Christmas so dem go close some investment.

But another thing be say, those people wey come get alternate source of income no go come reason to touch their investment, that's why e dey advisable for every crypto in estor to get alternate source of income so that anytime e choke them, them no go reason to rush go tamper with their investment. And back then people been no really understand Bitcoin the way them understand am today. Back them plenty people been just dey follow the crypto market blindly but now people don come dey exposed to certain factors wey dey influence the crypto market. People don sabi now say Bitcoin dey always dey on a bullish trend after Bitcoin halving, and e go give them edge now to prepare for am so people no go too sell this December, even if them wan flex, people now dey guard their Bitcoin jealously and dey look for opportunities self to buy more.

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Re: Christmas worri bitcoin price?
« Reply #8 on: December 17, 2023, 07:59:42 AM »
I think it is not about the Christmas thing that gave Bitcoin a boost but rather the market pressure to buy as at the early week of December.  The buying pressure increased the price of Bitcoin high as a result of the forth coming Bitcoin halving which is to take place 4 months plus from now.

Lastly, it is the end of the year as people, organisations, Industries, trader's etc would be doing their financial records for the year and that would impede on the market making it seems as if there is a dump which I believe is already happening now and it is only traders who understands the dynamics would key into it and hodle while some would but more added to their bags.

This I think is an opportunity to hodle more as the price of Bitcoin is still very affordable.
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