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No Black Friday Discount on Bitcoin

By Yugocean | Crypto Champion | 25 Nov 2022


Black Friday is Here

Will you get discount on Bitcoin? Is anyone actually selling Bitcoin on discount? You better do not believe them, no one is going to sell already bear infected Bitcoin on extra losses.


Black Friday is Marketing Festival 

On the Friday following Thanksgiving, Americans celebrate a shopping festival. It not only inspires vendors to engage in heavy shopping, but it also inspires consumers to take advantage of significant discounts, this is Black Friday.

Cyber Monday and Cyber Week

Many companies and retail stores continue the Black Friday shopping until Monday, called "Cyber Monday," or for a week, called "Cyber Week," to make more profit or sell out all stock.


Discount on Bitcoin is not Possible 

Since the market crash has taken the price of bitcoin much lower than its ATH, people are joking that it is a Black Friday discount. In fact, the value of bitcoin is based on the market.

Just like a company can sell its product at a discount but not its stock listed on the market at a discount, similarly, decentralised bitcoin running on market fluctuations cannot be available at a discount.


Conclusion 

If someone tells you to buy cheap Bitcoin on Black Friday, then that is fraudulent call. Real business will make you purchase more products for extra Bitcoins.

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Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


Crypto Champion
Crypto Champion

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