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kizz

Crypto Currency will rise at christmas?

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On 11/25/2019 at 7:49 PM, kizz said:

Chirstmas is an holiday where mostly who has jobs they are having their bonus, like that. Do you think the value of market at christmas will rise? or not then why?

Hello friend, Christmas is a time of holidays to share with the family, this brings with it that some merchants take a few days off, others sell some coins to pay for those holidays, I believe in my understanding that there may be a price increase....

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I hope that by those days the btc will break the 20k, if not by the end of the year it should be by the beginning of the other, but the time for this to happen is quite close.

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The month of Christ is a social event. Affects the society, now the situation in the country in which the price rises with the advent of the month of Christ. It is acceptable to everyone as it has a positive effect on the price.

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This year Christmas crypto price is good because, the price of bitcoin and other cryptocurrency project are good, we hope to see more rise in bitcoin price and other cryptocurrency before this year ends. 

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I don't know if Christmas is the perfect time for a Bitcoin rise, in fact sometimes I have read that investors are selling during this time and perhaps are buying luxury items and new houses as gifts to some people. It is not sure that the Christmas days help the price or not, to me as trader it is the same as others.

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It's a known fact that during festival periods the demand of commodities usually rises and these is also the same with cryptocurrencies, bitcoin to be precise, so hopefully the price will rise again during these years Christmas period 

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It is somewhat insecure, but not because it is a festive date will go up, this will depend a lot on the investors, in fact I think that this is the date when more people change their money to their national or traditional currency so perhaps instead of going up they will keep their value or go down a bit.

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On 11/26/2019 at 6:19 AM, kizz said:

Chirstmas is an holiday where mostly who has jobs they are having their bonus, like that. Do you think the value of market at christmas will rise? or not then why?

We can not predict the changes because it is all related with the demand of the crypto currency but there is a chance of increase in the price but we can't predict the future of anything. It will be all depending on the customer if they started to increase the demand it will continuously move to a higher price.

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On 11/26/2019 at 6:34 AM, kizz said:

Chirstmas is an holiday where mostly who has jobs they are having their bonus, like that. Do you think the value of market at christmas will rise? or not then why?

I can't say exactly what will happen at this year Christmas. But mostly there will be traders who will liquidate their Crypto to fiat. Those who are in business will get bonus from business but for those in trading they need profit. So their is chance of dump during the Christmas session.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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I heard the same thing last year but I didn't see any rise after Christmas 2020 and I think it will be the same with 2021. There must be some reason for the rise of crypto and Christmas alone is not enough. Three weeks left until the end of the year and if nothing happens that can change the direction of the market, there will be no rise. Usually, the first 2 or 3 months after the new year, the rise starts to happen if we suppose everything stays the same and there will be no positive or negative news or events.

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Fisrt of all there is very least chances to rise the price of crypto currencies. And it will be happening may be in December. But I don't think so. Thanks for the topic.

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On 12/20/2019 at 11:48 AM, Muhammad atif iqbal said:

Prices will be lower due to holidays So if I think it's time to buy People will start trading as soon as the holidays are over and the market will pick up.I do not think bitcoin prise  will increase in this month 

Christmas is an optional for the traders as most of the online market are closed specially the stock market and there is a very rare chance that crypto will increase at that day.

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Nobody knows tomorrow but to be sincere during Christmas most of the traders convert there crypto into fiat currency for many purposes and after then most of them will go offline for a while and have fun with there family during the festive holidays and these affect the price of crypto which lead to fluctuations. But I hope the price rise during these year Christmas.  

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On 11/25/2019 at 8:49 PM, kizz said:

Chirstmas is an holiday where mostly who has jobs they are having their bonus, like that. Do you think the value of market at christmas will rise? or not then why?

This is something difficult to know because we know that the demand in these times is more people who exchange crypto, but nevertheless its value can be maintained as it can go down because many change their crypto to tangible currency.

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@kizz Normally, trading during the Christmas & New Yr Holidays, really slows down. The traders are on holiday from around the 15th December till around the 2nd week of January. That is the norm for the stock market, Forex market, metals, etc. How this applies to the Crypto trading world, I imagine it will also slow down. So, expect to see BTC to either stay in a range / channel or maybe even a drop in price. But then again, who knows as there are some many factors that influence the price of BTC.

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These is always the speculation and expectations that people do have when ever a festival period approaches but the irony about these is that people tends to dump more during these period which will directly correspond with further downfall in prices and rates 

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The year 2020 is ending, Christmas is already coming, it is probable that the cryptocurrencies that lead the market will continue their ascending line, but in a moderate way. The cryptocurrency market is moved by applicants and those who offer, within the framework of several elements that constitute their environment, there are economic groups that in capitalist systems tip the balance towards their interests, governments also influence, but in their simple form they are buyers and sellers who give the market its character and determine the behavior of cryptocurrencies in their prices.

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It is rather the other way, now is the season of holidays and with Christmas, people need fiat money to buy gifts for their loved ones and enjoy their holiday, lots of people will sell out their Cryptocurrencies for fiat money, so it is normal to have drop in the prices of crypto in general. 

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On 11/26/2019 at 1:59 AM, Agios said:

In my opinion, at Christmas, the price of crypto will go down, because many people need flat money to enjoy their vacation, so they sell crypto or at least they take it or withdraw it via Bitcoin ATM. Are you a crypto trader?

Exactly dear friend and I also thought that at Christmas the price of cryptocurrencies would drop since there are many people who need money for gifts and other necessities since Christmas is the time to spend money therefore people need it
Big winnings and a big hello to the whole community

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On 11/25/2019 at 8:49 PM, kizz said:

Chirstmas is an holiday where mostly who has jobs they are having their bonus, like that. Do you think the value of market at christmas will rise? or not then why?

I could not tell you that the market will go down or up but I can tell you that Christmas is the date where more cryptocurrencies are exchanged for fiat money since it is a festive stage in the world where many people need new clothes and buy toys.

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Hopefully the value of cryptocurrencies for the holidays, that would be a very good thing.
But I think they are going to go down since the vast majority of people will want to make a gift or take out for expenses this Christmas, so if many people sell the price will go down.

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We are close this year and perhaps it will slow down a little as price since yesterday is looking very bullish again. I think that maybe it will be vertical until Christmas and perhaps after that during the final week of the year, Bitcoin price will shoot above $20,000, up to $22-24k in just a week.

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I don't think the value of crypto will go up during Christmas because many people that are hodling their coins will be selling their coins in order to buy Christmas gifts to their loved ones and I think this can affect the price of many crypto currency to fall in the crypto market.


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On 11/26/2019 at 9:38 AM, rchres said:

Cryptocurrency will rise in Christmas because last time the rise of Cryptocurrency is last 2017. Bitcoin rise again in December the volatility of Bitcoin can that we can earn and many people use Bitcoin in Christmas so that the value will increase the demands.

 Crypto market main bull is start after the Christmas and the peoples will invest in the amrket heavily and the BTC make a great high at that time. This time crypto market is on good position that we invest in it and hold the coins till the bull and sell that in a good price.


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On 11/26/2019 at 6:59 AM, Agios said:

In my opinion, at Christmas, the price of crypto will go down, because many people need flat money to enjoy their vacation, so they sell crypto or at least they take it or withdraw it via Bitcoin ATM. Are you a crypto trader?

Hey mate, you are right at Christmas crypto coin price might fall because they need a fiat money,so they will sell their coin, as a result crypto coin price might down that time  but we can not say exactly what will be happen at Christmas time but time will say our answer.


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