Is it true that every end of the year so many Crypto-holders are rich? - page 14.

Restmand

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Quote from: maslovp on May 21, 2018, 02:08:49 AM

Quote from: RyeEarth99 on May 12, 2018, 02:42:55 AM

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?

It should actually be other way as people might be spending a lot of money in holiday season and thus they could not invest much. But there are various other factors involved.

yes it is true.more investors of cryptocurrency got rich after a year. but it is depend on how their mind want to achieve that goal and if they take the risk that involved in every decision. some of us are not taking the risk because of they afraid to take their money and got wasted and scammed. but others have a positive mind and ready to take a risk because the more you take a risk the more you gain.

Bittalk12

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Sometimes, it actually depends on what is showing on technical chart plus an effect of fundamental analysis. Still, we have to keep in mind that no one knows what will happen on the next month or even ber months. It is not actually a bull season, its market manipulation. Imagine how btc was over bought last year then gets dump?

maslovp

newbie

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Quote from: RyeEarth99 on May 12, 2018, 02:42:55 AM

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?

It should actually be other way as people might be spending a lot of money in holiday season and thus they could not invest much. But there are various other factors involved.

jasper79

newbie

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Usually it happens and you can see it in price history of bitcoin. So expect the 2nd half of the year as a bull run because many people will invest in crypto waiting for that December.

krassy

member

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Indeed, by the end of the year, many are trying to fix profits before the holidays and withdraw some funds in Fiat, but it does not work all. To get big x and become a millionaire or to get involved in cryptocurrency, you need either a lot of investment, or a fundamental knowledge of the market and speculative trading, or a lot of luck and hard work. And it does not matter the end of the year or its beginning, if you try you can get rich every day and every hour. You probably judge by the results of 2017 when there was a very big excitement in the crypto and many broke a big jackpot, but this does not mean that such a phenomenon occurs every year at Christmas, look at the last five years and there is not such a nice picture.

makawa

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It may take more than this kind of perception to make market capitalization strengthen significantly. But If there is an appropriate momentum and a growing community, I think long term investors will benefit most.

judyrob

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that's not entirely true. Maybe because a lot of that estimate as it was then the time comes at a time when many are starting to buy. by so then it would be little pump prices rise and many suspect that the increase will start to the market began. one might say this is just a suggestion only.

asepsetiawan1990

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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.

juliusk15

newbie

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i dont think so, if it is then all people will just invest at the end of the year then they will make money easily

m.vina

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Quote from: RyeEarth99 on May 12, 2018, 02:42:55 AM

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 mostly an observed trend not only applicable to cryptocurrency markets but also to traditional stock markets as well. Stock generally tend to rise in value towards the end of the year as it is the regular period when investments take place.

This probably has to do with the planning cycle of companies where they use the 1st semester of the year to plan and the 2nd semester to execute and implement. The 2nd semester is when they spend money and some of this goes into investments.

ishirut009

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Quote from: RyeEarth99 on May 12, 2018, 02:42:55 AM

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?

success will not come to those who are not prepared. Preparation is the key, and to prepare you need to know what your plan is, and in able to create your own plan, you need to know the art of investing, much more the idea behind investing psychology.

angelica lovly

newbie

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according to my analysis many investors who get rich at crypto at the end of the year may be choosing the investment by reading the whitepapers and the roadmap correctly, they continue to analyze the growth of the altcoin and its development, and they choose a good ICO.

beigai

member

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is it? Why did I find that at the end of last year, many people became very poor? In fact, shouldn't this be related to the big environment?
In fact, I think that when the cryptocurrency you hold rises to your expected price, then you should sell it.

BADBITCH

jr. member

Activity: 532

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Quote from: RyeEarth99 on May 12, 2018, 02:42:55 AM

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?

it has been happened for the past few years which have made people believe the same would happen this year as well
But we can all hope for that
believe in what we do, which is invest and hodl coins ,during dip buy more, and don't buy green tokens, biy the cheap ones

In a short while, your portfolio will be very green

TheNextChampion

full member

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I think yes especially last year when the bitcoin hits bull run and altcoins as well. Investor got huge profits and their year end was good. I hope it will happen again this year as i'm holding a lot of altcoins which i think will moon soon.

kingzues09

member

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BaanX

There are some crazy things that happening in the crypto world, Definitely it should be balance the more it will dump the more that it will increase most so better hodl your position if you're holding anything. besides December is the sweetest nightmare you will be experiencing.

xuan87

legendary

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Yeah I noticed that kind of things, usually around July to November people are collecting money to spend for holidays in December and January, so at that point a lot of people will buy crypto but that's just my speculation, and a lot of speculation will also make the same prediction when they used the previous price chart, but it's not a guarantee that this year will be repeated be careful not to fall into hoax news, and end up investing in a wrong moment

Henisusan

sr. member

Activity: 658

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Many people hope for that, to be rich at least at the end of this year. But, I think it is better to hope that the price will be more stable. If the price is only high at the end of this year, what about at the early of the year in 2019? Will it be like the previous months for the big dump?
I cannot guarantee if the people will be rich or not at the end of the year. But, I make a guarantee when the people have made a very great strategy and wise luck, they will be much richer.

zero4five

sr. member

Activity: 518

Merit: 250

If this situation was repeated every year then everyone would be rich and there would be no one who lost. But this does not happen in any exchange trade. If one is enriched, it means that someone else is losing money.
In addition, being rich means that you have already fixed your profits.

Tstar

legendary

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Decentralized Asset Management Platform

Nothing is for sure in crypto world. Everyone who thinks that in the end of the year is going to be the big run soon or later will be disappointed. Yes it was like that, bit no one can promise that this is a sure thing.

Topic: Is it true that every end of the year so many Crypto-holders are rich? - page 14. (Read 1576 times)