Topic: Is it true that every end of the year so many Crypto-holders are rich? - page 7. (Read 1576 times)
November 03, 2018, 02:39:38 AM
Well, as we see this year it is not so. Quite the contrary. All who bought at great prices have a big minus in income. I would say that this happens every two years. That is, at the end of the second year, cryptocurrency holders become richer.
November 03, 2018, 02:20:23 AM
any fundamental reason why does the value of Bitcoin and other currency go up?
The fundamental reason is that since September, assets in all markets, not only cryptocurrency, begin active growth. Yes, it is, many people become richer, but only those holders who fix their profits in time. November 03, 2018, 02:16:23 AM
Certainly not true. In fact, most people who invest in cryptocurrencies this year are losing money. It is necessary to know that the cryptocurrency market has fallen for a long time, and the headwinds cannot fly. The market will not have regularity.
November 03, 2018, 12:34:31 AM
Yes you are quite right, i have also observed this that from last many years bitcoin does become extremely bullish in the last few months each year, i do not think this year will be any different, expectations are that this year will be the biggest for bitcoin and we may see new all time high price towards the end of this year.
And what is your optimism based on? I would like, of course, to believe that this year Bitcoin will traditionally increase in price at the end of the year, however, judging by the events of this year, this is hardly possible. It seems that this year will be special in everything, including the price at the end of the year. This year, it seems, will go down in the history of cryptocurrency development as one of the most unsuccessful ones. After all, throughout the year, the price of cryptocurrency has either fallen or is in complete stagnation. And now the price of Bitcoin and ethereum almost stands still for a long time. It creates a false impression that these coins are very stable in price. Of course, two months before the end of the year, still a long time. And surprises Bitcoin presents the most unexpected. We'll see. November 03, 2018, 12:28:29 AM
Without the arrival of a bull market, long-term holding of cryptocurrency can no longer earn huge profits for us, and I think the bull market may not be able to return within two years!
November 03, 2018, 12:17:03 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 not a certainty. the great surge probably occurred only at the end of last year only and it does look pretty great. the cause is definitely on the rise in the market is certainly due to the influence of many fundamental aspects of existence. the good news is sometimes about crypto will give good impact also to the price of existing crypto. November 02, 2018, 06:31:25 PM
In December and January, people relax a lot of time and spend a decent amount of money, including cryptocurrency. The price will increase and smart people will take advantage of this.
November 01, 2018, 06:48:07 PM
People often wait in the price of electronic money last year to get rich. Since every year the price of coins has risen to its peak in December. But this year alone I'm not sure if that will continue to happen? By the time things were still so bad, the price of the coins had not shown signs of recovery.
November 01, 2018, 06:38:03 PM
There's no technical reason why the price of crypto is being pumped by every end of the year. Not all of those years are the same during that season. Check out 2016, it's not the same with 2017. Don't think that each year will be the same of 2017, this made the expectation of everyone to see it happening again. It will occur again but not for now and if you'll check the charts, there's a chance that it can go higher than that. So there's no real explanation why it happens because the demand by those times just increased.
November 01, 2018, 06:36:18 PM
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 appears to be not every year. Not every year, bull run will take place. Every year won't be just like what happened last year wherein the market value of cryptos have gone sky rocket and many investors have earned huge profit from most of their investments. But what happened this year is the opposite, proving that the increase on every is not constant and there will be always times for downfalls no matter how big the expectation is for the market on every year. November 01, 2018, 06:31:53 PM
It is not the truth. People do not sell cryptocurrency and the cryptocurrency falls in cost again. It is a game on greed of people.
November 01, 2018, 06:30:18 PM
Perhaps there is some sort of logic. Everyone wants to receive gifts by the end of the year and crypto activity manifests itself mainly in this period. But I'm not sure this year will either. So far, the forecasts are very bad. There is still little hope for growth in December, but I think. that's unlikely.
November 01, 2018, 06:06:12 PM
Actually, there is no form backing to this assumption whatsoever. The general belief is based on previous years leading to now. In years past, crypto has seen a boom towards the final quarter of the year probably due to the fact that more people tend to invest during this period. However, this may not form the basis for price appreciation forecast, we all hope this will be the case this year or next. So many projects have all postponed or push their token sale plans to future dates with the hope that the markets will appreciate and become stable.
November 01, 2018, 05:59:47 PM
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?
maybe that's because bitcoin became popular in 2017, and that makes people interested in buying bitcoin and having an impact on the price of bitcoin November 01, 2018, 05:42:35 PM
For the past few years cryptocurrency has always experienced price increases as it nears the end of the year and makes most people rich but for 2018 I think that doesn't happen again because now (November) I don't see a significant increase maybe next year's price hike or a few more years
November 01, 2018, 05:37:57 PM
hmm, really don't know. there are some holidays during that period and that is mean that people need money and more likely they would sell their holdings, but in that case currencies should become cheaper, or i am totally tangled...
October 28, 2018, 02:48:03 PM
This is a very controversial issue, since it is almost impossible to fully guess the token rate, but if during the year you can earn good amounts, but not always because every transaction has a chance of failure and not all transactions are completed successfully
October 28, 2018, 02:42:48 PM
Yes, I also noticed such a thing that by the end of the year everything is much better, I hope this year will not be an exception.
October 28, 2018, 02:23:44 PM
At the end of the year, all major players take profits, in many companies reports are made over the past year! The second reason is that the market is cyclical! But I would not blindly believe in it, because after the entry of large money will require a long correction!
October 28, 2018, 02:15:30 PM
yes, of course, they buy coin at the beginning of the year, when prices fallen and cheap, then they sell all of that in the end of the year, when prices rised a lot
Jump to: