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Author Topic: Is it true that every end of the year so many Crypto-holders are rich?  (Read 1561 times)
Newboybb
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August 10, 2018, 08:44:35 AM
 #141

Yet the people making money have left the cryptocurrency market.
There is a serious shortage of money in the cryptocurrency market right now, and a bear market has arrived.

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moonblocks
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August 10, 2018, 08:47:52 AM
 #142

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?

The markets don't go up specifically toward the end of the year each and every year so do a little research into the history of it and you may find it varies

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August 10, 2018, 09:10:30 AM
 #143

maybe at that time the prices of btc and altcoin experienced a very drastic increase because of the large number of investors who flocked to buy coins to hold, and maybe because that's why cryptocurrency could become more famous than before experiencing the increase.
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August 10, 2018, 09:22:42 AM
 #144

Yes, it is true that at the end of each year will be a lot of people got rich due to investing. It's like that happened at the end of the year 2017 that the coin prices rise very high. And an awful lot of investors who are selling the coins so that they benefit a lot. And now I also try to invest in some coins whose value is very low.
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August 10, 2018, 09:29:59 AM
 #145

actually, the price of cryptocurrency is unstable, sometimes rising and falling. but that's a natural thing. all we can do is save our crypto well when the crypto price is down and sell it when the price is high. that way we will get a big profit.
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August 10, 2018, 09:39:49 AM
 #146

This assertion for me is just a prediction/forecast thou, what we saw last year December shocked everyone and even sent a signal to the entire globe that cryptocurrencies at a point in time in the future will takeover eventually.

Hence, no one can predict certainly that this year's December will look like the last. Although we can actually be getting ready for something good.
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August 10, 2018, 09:55:41 AM
 #147

This is certainly not true. If the market can judge the trend, then everyone will only buy it at the end of the year? So this is impossible, maybe the price of Bitcoin will be lower at the end of the year.
Pet240
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August 10, 2018, 11:11:50 AM
 #148

This is not a fixed phenomenon. We cannot outrightly predict if history will repeat itself this year again, like we have had so e years back. If it does and we get another bullish market starting from September as said, it might mean it is now a constant occurrence or reoccurrence.
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August 10, 2018, 11:14:15 AM
 #149

That's the thing in the past. At the moment, as the market is downtrend, I think it is difficult for holders to be rich at the end of the year.
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August 10, 2018, 07:01:51 PM
 #150

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?
Who knows, we will see that at the end of this year because approximately a year ago people was not so much concerned about the price of Bitcoin going up as we are right now, we're anticipating it to go up.
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August 10, 2018, 07:15:21 PM
 #151

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?
actually there is no specific date or months of when will be the increase in value of all cryptocurrency in the market. there are some different kinds of reasons behind it. you can do research about its growth in price last year so you would know the reason why.


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jakiro.hovard
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August 10, 2018, 07:19:29 PM
 #152

Let's hope that in the near future it will be so, because I have not earned anything yet, only tokens that are blocked and they do not really work today, that is, can not be sold. It turns out that people do not earn anything.
hrunya102
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August 10, 2018, 07:25:57 PM
 #153

I have been mining for several years, and it is very difficult to predict a big pump or a big dump in the prices of cryptocurrencies.

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August 10, 2018, 08:14:23 PM
 #154

It might be true but I wouldn't know I was here end of last year and there was a massive increase in price of every coin. Everything went to the moon but presently they are all back to earth. lol
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August 10, 2018, 08:17:15 PM
 #155

Hello!If we talkin previous years then yes this is true u can look in graphs each year how much procentage is rising in the end of the year!Many hodlers is become rich,shem is doing bounty and hodl until year end and pray the market going up!

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August 11, 2018, 03:29:23 AM
 #156

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?
LOL. It seems to me that the market performance at the end of each year is not accurate. I don't know where you got the data. Nor is everyone saying such a conclusion.
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August 11, 2018, 03:53:25 AM
 #157

No idon't think saying by the end of the year the prices always go up. It will never be a hundred percent sure since as what we know the market is very unpredictable.
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August 11, 2018, 04:02:00 AM
 #158

I believe that ,and that is true ,there are many cryptoholders who will get rich from this cryptocurrency activities ,especially the investors of cryptos that go with the trading activities have a huge chance of getting rich from the profits generated from bitcoin or other crypto investments.
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August 11, 2018, 11:24:48 AM
 #159

I believe at the end of the year, altcoins price usually rise but we cannot premise our decision on that. Who knows what might happen this year as the price of cryptocurrency is going down in the market.
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August 11, 2018, 08:28:40 PM
 #160

There are a lot of crypto investors that get rich at the end of the year but the thing is that they only get rich at the end of the year if the market goes into a bull at that time, if the market remains in a bear market then there is no way that you are becoming rich in a bear market, If the market bulls again by the end of this year then a lot of people would become rich too.
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