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

[keykey1]

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.

[1714868013]

1714868013

[1714868013]

1714868013

[1714868013]

1714868013

[1714868013]

1714868013

[1714868013]

1714868013

[Halbert]

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 

[nlaara12]

"It is" and "it's not". It only depends on how long you have being holding your coin.

[superstarbtc]

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

[JunMel]

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.

[Notmine]

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.

[david_019]

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.

[KpopLord]

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.

[waser12]

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.

[chanler]

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.

[invoker666]

you can see the graph, from year to year bitcoin grows, and behind it and other currencies  and yes i think its true 

[faaznuw]

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.

[BTMgoMoon]

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.

[gezhid008]

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.

[grifinmch]

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.

[Temmy007]

Well you never can tell crypto might decide to surprise us all;  but I think things would surely change come 2019. The bulls would be back for real

[swftlu]

This cannot be concluded. Since the cryptocurrency price has fallen all the way since January this year, I don’t believe that last year’s situation will repeat itself.

[Adeforever]

I have actually heard about it that every end of the year so many crypto holders are usually rich. But have been wondering if this year will work in that respect. Nonetheless. Hope it work in our favour this year cause am among d holder.

[mahvia]

If you analyze the charts from year to year then you see that is not quite true. Major tips and corrections have happened throughout the year

[piaomar]

in fact, we cannot predict how the crypto prices will go in the future. we can only wait for crypto prices to rise and follow the plot. usually, the price of bitcoin becomes a price reference for other coins. that way if the price of bitcoin rise or down then the price of the coin will also follow.