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Topic: Is it true that every end of the year so many Crypto-holders are rich? - page 10. (Read 1583 times)

sr. member
Activity: 756
Merit: 250
Its been 5 months now, since I joined cryptocurrency ,I've seen many ups and downs in Bitcoin Currency and Altcoins even in those Rank 2 to 100 in Coinmarketcap, but I just want to clarify why every end of the year starts in September then up to  December Bitcoin fly high, any fundamental reason why does the value of Bitcoin and other currency go up?
This is not entirely true. It is indeed possible if viewed from the side of last year then many who get a lot of results. However, when looking at earlier than it is not necessarily a definite time. end of the year it could be there will be an increase or a decrease as well thus far enough. so this can't be used as a reference for sure.
jr. member
Activity: 252
Merit: 1
I think there's some regularity to that, with every crypto holder waiting and going up for the last time in December.

I expect history to repeat itself this year, and I will be hopeful.
newbie
Activity: 101
Merit: 0
Every year, the situation is different. This is not the case last year. This is also the case. The market is changing. Your view is not valid.
newbie
Activity: 28
Merit: 0
I think yes particularly a year ago when the bitcoin hits bull run and altcoins too. Financial specialist got immense benefits and their year end was great. I trust it will happen again this year as i'm holding a considerable measure of altcoins which I think will moon soon.
newbie
Activity: 41
Merit: 0
you can see the graph, from year to year bitcoin grows, and behind it and other currencies  Cheesy and yes i think its true  Wink
member
Activity: 753
Merit: 15
mulierum.com
In the last year, yeah we can see that many people became rich overnight because of cryptocurrency. However, for the end of this year, I cannot predict it. Actually, there are some differences with this year market. The coins are mostly dropped from early to recently. Here, we should know what factors that make the coins can grow.
full member
Activity: 476
Merit: 100
I think that market will behave another way at the end of this year. Such a huge pump can not be expected because funds of Chinese people will not be invested in crypto any more.
jr. member
Activity: 98
Merit: 6
In my experience end of the year (approx mid December) is typical to have a significant dump of coins due to traders locking in profits before the end of the year, people going on holiday and needing money, etc.

Yes this is more likely happen during December, I`m a holder, but somewhat I failed to hold some tokens and it keeps dragging me down until now why I didn't sell in December. It's a big mistake for me, not to ask somebody, well anyway being a novice in trading and holding always experience something like this.
It happens but not in all situation. There cases that some holder became rich at the end of the year and there are also holder remains the same. It depends on the currency of the token they have. The higher the currency the higher the possibilities that the income will be higher.
member
Activity: 256
Merit: 10
Not all of crypto investors and bounty hunters. Some are suffering until now because of having bad luck from the other ico if not a scam the token ico did not succeed the reason why there are many complains and fud.
newbie
Activity: 18
Merit: 0
Many of us have quite a few aims in relation with capital e.g. buying a new home  and apparently Bitcoin may become a risky bet to reach into this ambitions.
newbie
Activity: 140
Merit: 0
In my experience end of the year (approx mid December) is typical to have a significant dump of coins due to traders locking in profits before the end of the year, people going on holiday and needing money, etc.

Yes this is more likely happen during December, I`m a holder, but somewhat I failed to hold some tokens and it keeps dragging me down until now why I didn't sell in December. It's a big mistake for me, not to ask somebody, well anyway being a novice in trading and holding always experience something like this.

End of the year is where big holidays are happening. So people tend to transact more and a lot money movement around that time. Its normal that market is expected to go up due to people will use their coins at the time.
jr. member
Activity: 378
Merit: 3
last year crypto holders became millionaire we cant expect this year we will see the same trend as of now the market is recovering so we can expect the market to bounce back like before and by the end of this year we can see bull run
member
Activity: 238
Merit: 37
"It is" and "it's not". It only depends on how long you have being holding your coin.
sr. member
Activity: 518
Merit: 250
If you look at the coin statistics for a year, then yes, if the investor sold at the end of the year, then he became rich and so for several years already  Grin
full member
Activity: 406
Merit: 100
I am not confident that last year scenario will be repeated once more. It can not be guaranteed of course that price will fly up like it was in autumn 2017. It is not a way of making predictions. You can not rely on dreaming.
full member
Activity: 644
Merit: 101
Its not something like that in every years, this is according to what factor that make the market boom, we dont know yet where BTC will going in the end of this years. Last year there are so many coin been going up multiple times because so many newcomer jump in to crypto, and after the market crash look they out from the market. But i hope end of this year crypto will moon shot and give huge return to the crypto community.
newbie
Activity: 84
Merit: 0
We can't conclude that it is a regular pattern the crypto currency market follows at the end of the year but we can only hope that it will be repeated this year.
member
Activity: 225
Merit: 10
It only occur once, in 2017. It is still rumor that every end of the year the crypto-holders will rich again. So, it would be better to don't expect more this year since many ICOs are declining unlike last year's.
newbie
Activity: 106
Merit: 0
I don't think it's at the point of time, I think it's based on the price of bitcoin, and when the price of bitcoin starts to go crazy, most people get rich.
full member
Activity: 574
Merit: 100
The history of last year is unlikely to be repeated, but the growth will be good. Right now all watered and then the bulls will start to swing
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