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Topic: Is it true that every end of the year so many Crypto-holders are rich? - page 13. (Read 1583 times)

newbie
Activity: 224
Merit: 0
I've heard rumours of crypto investors getting good amount of profit by the end of the year..... But I don't know about  getting rich with crypto
newbie
Activity: 156
Merit: 0
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?
Surely people have become millionaires from crypto. The idea is to hold a good solid project long enough to see it succeed. Need to select projects with great potential and then back them. I am suggesting a few good coins.

LSK, TRX, POWR and TAU.
jr. member
Activity: 140
Merit: 1
Maybe, if everybody believe, this is a must to happen, than eventualy, it will become reality. So just keep believe guys, and we will have a nice end of the year again  Smiley
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
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?
Of all the years been seeing how bitcoin and altcoins do move in those months i can say that there are really cryptoholders who became rich because of such pump but for this year we cant still assure if that pump will still happen or will just stay on this level and gradually have an increase,no one really knows but if you do like to be rich then you should take the risk on purchasing,not only on bitcoin but also with altcoins.Just remember this thing where if theres someone who become rich with crypto then there would be always who got broke and lose up money.
full member
Activity: 450
Merit: 101
I really want to believe that the end of each year will be as epic as in 2017. However, do not relax because anything can happen.
newbie
Activity: 188
Merit: 0
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?
I bet it does. Good projects usually do well in long term. The people that hold their coins long enough then they certainly become rich. I have holding following coin for long term.

1)   NEO
2)   PRG
3)   LTC
4)   EOS
sr. member
Activity: 574
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?

In my opinion it depends on what time you buy at and what price to sell with one holder, so if you is holder, you buy Bitcoin at 20k, now you lost than 60 percent your money, if i buy Bitcoin at early 2017, now x2 my profit hehe
Can you read it properly? OP said the possibility about the crypto holders become the rich man at end of the year. The correct anwer should be it's still a speculation and that depends on the trend.
OP, anytime the crypto trend is really unpredictable and there is no a lot of percentage if that can become a true statement.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
The possible people who become rich for now status of cryptocurrency are those who perform investing and having large capital to invest. But for the new comers that only earning income for joining campaigns are impossible to become rich because of the rank system stagnant and by only earning a very few salaries contributions.
hero member
Activity: 743
Merit: 500
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?
becuase in that time whales are awake and also want to get profit from it. And also there is the time when many people get more money because of bonus etc and invest it to crypto currency and hoping the price will increase.
full member
Activity: 396
Merit: 100
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?

In my opinion it depends on what time you buy at and what price to sell with one holder, so if you is holder, you buy Bitcoin at 20k, now you lost than 60 percent your money, if i buy Bitcoin at early 2017, now x2 my profit hehe
member
Activity: 415
Merit: 10
I think that each additional one is equivalent to the black hole effect. Continuous increase will create more players to enter. So the black hole will disappear. So who is the winner? This depends on individuals. Investment vision is as important as mentality.
sr. member
Activity: 840
Merit: 251
This certainly depends on what is happening in the market and there will be news what could affect market prices. If that time many have started to invest then sure crypto prices going up. such growth will provoke others to the new well. but the end of the year is not always can be used as a reference for that coin will go up, that's not entirely true.
newbie
Activity: 123
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.
jr. member
Activity: 252
Merit: 1
Perhaps the behavior at any given time is influenced by the previous behavior or from the previous time period, so it becomes a trend. It may be that many agree that the end of the year the price will go up, then everyone will buy before september, and of course the price will go up.
hero member
Activity: 1302
Merit: 577
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I think it's not at the end of the year it's just a coincidence at the end of last year pretty good crypto market conditions. many factors that affect it all one of the market reaction is so volatile.
true this is just to be as a coincidence that many people that are here in crypto tell to be that they already have a good condition and been buy what they need cause i believe that it is only based how are you able to work here in crypto and how are you able to make money and handle all through bad and good situation.
newbie
Activity: 141
Merit: 0
The price rises because people do not sell, and more people want to invest. I saw that so many people became rich because they bought at low prices and sold them at the time of selling. You can do this every day, or when you hear good news about coins, you can try to predict prices.
newbie
Activity: 252
Merit: 0
Crypto users often get right at the end of the year. Although, it all depends on the market stand at that particular year. Things like that is aren't fixed. Cryptos do not work like that. Your u can't fix your profit, but I believe there will be a rise in these coins at the 2nd half of the year.
jr. member
Activity: 146
Merit: 1
The underlying cause of the rise in bitcoin and other currencies is demand. With the popularization of block chain technology, more and more people are participating in the investment of bitcoin, so the market is increasing basically every year.
full member
Activity: 1358
Merit: 100
The reason why cryptocurrency going high in the end of the year because they want to earn money by investing crypto to spend their holidays like Christmas and new year.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
It depends on what the market condition is at the end of the year. If you use last year as a standard then yes there will be a lot of crypto holder that are going to be rich at the end od the year because at that time the market is in great condition because of the bull run. But no one knows the future so maybe the bullrun come sooner or later than usual.
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