Topic 5568063
Christmas Celebration is a very crucial part of the Christian faith and as reverred as it is, many families and parents always face a lot of pressure to carry out their obligations by buying New clothes, shoes and nice things to mark the period. They also try everything possible to make a very delicious meal (different from their usual meals) on that Christmas day down to the new year day.

During this season too, men of goodwill help the needy and show love to their neighbours too by sharing both money, foods and materials of different kinds. This has led many bitcoin investors to always sell several portions (or all) of their bitcoin to raise fiat for all the expensive plans. This has led to several sales in fiat below the original cost per bitcoin that such investor is having because he needs to attend to his family responsibilities first.

In my own opinion, there should be alternative to selling of bitcoin during this festive period by either buying those items gradually bit by bot over the year or over a long space of time. This will allow investors to minimise the rate at which they sell at loss during this period. Bitcoin is at $90k of which many investors who were consistent with their DCA buys definitely bought at over $120k. Investors should be more strategic even within this period and set aside the money for this festive period in fiat early enough (or even buy their requirements) before this hot period.

How best do you think that Christmas-linked selling of bitcoin can be reduced or reduced it's possible losses (selling below cost price)?

A real investor would never think like that. It seems very simple. We can save money in advance to follow these aspects. If we save some amount of money then we will not have to sell Bitcoin anymore. An investor may never do that by selling his holdings. Those who do this may be a business.

As you mentioned, the current price of Bitcoin is $90,000 but many have bought it for $120,000. If they sell it now, they will lose a lot. To avoid this loss, they should take money from their reserve fund or if they have the ability to pay off the loan, they should celebrate the festival by taking a loan.

However, a person should plan for this festival in advance. Along with investing, some amount of money should be saved. So that during this festival they do not depend on their holdings and do not have to face losses.