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

[deadthings]

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?

A lot of stereotypes have arisen, like the one crypto year begins in September. These theories are partly accurate but not 100% accurate, like this about summer pump. People think summer is the best time to get money, in my opinion it is possible but it is not good as they think

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[5hoursaday]

The reason that this is being said is because at the end of every year there seems to be a price hike and that is when a lot of investors sell and make money from their coins. Like we did with the last bull market, a lot of people did make a lot of money at the end of the year and at the beginning of the new year. Prices tend to go up during holidays

[yura888]

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 think it's all a certain regularity, there is also such a version that in the summer everyone is resting and autumn begins to grow

[pearlsome]

In the past, it was so. Every December there was a price increase.
But to tell you the truth over the past year, the number of investors has increased, and capitalization has also increased.
 And I'm not talking about frenzied sharp growth, but talking about the average indicators of current investment. Proceeding from the fact that the variables have changed now it is difficult to predict something. Even ordinary growth in December.

[Moiyah]

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?

Same span of time in crypto world. Upon observing in cryptocurrency, specifically with bitcoin, a lot of investors who were actually holding it for a long time are getting rich. I have also read somewhere that december last year was a blast for bitcoin, and that possibly is the reason why at the end of the year, there is an increase of peoply gaining profits.

[barlo357]

In my own observation its a yes because mostly of the altcoins and even bitcoin in the month of September to December increases so the people holding their altcoins or btc in a long time they will  immediately sell it because of the value.That's why they getting rich in a couple of months.

[VenturaBro]

I think you can't really generalize. It depends on the trends, on the coins, amount holding, etc.

[krodmandoon]

Well, every Crypto-holder is waiting and hopping for the last run in December. We all have to have in mind that nothing is for sure in crypto and we should not be counting on that.

[Xioma]

Well, every Crypto-holder is waiting and hopping for the last run in December. We all have to have in mind that nothing is for sure in crypto and we should not be counting on that.

Indeed it's still very volatile and can fall any time.

[MiF]

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?

A lot of stereotypes have arisen, like the one crypto year begins in September. These theories are partly accurate but not 100% accurate, like this about summer pump. People think summer is the best time to get money, in my opinion it is possible but it is not good as they think

Speaking about accuracy no one could really give the exact statement on how it can be justified. If you are going to analyze briefly the previous year's scenario in September, I think we'll too far for that because possibly in the middle months of the year we will hit our speculations and spectations. The market right now has three signs of roller coaster price dips and lastly it happened decreasing down at $8000 above. Right now we need to be more calm as the price being stabilized for a moment and slowly gains its momentum before successive price increase will show up, so every holders maybe rich soon.

[quarkyplum]

By the end of the year, the demand for investment has risen sharply, leading to a rise in the exchange rate of cryptos and a rapid recovery in the exchange rate. So those who put their trust in the market and hold up to that time, the profits will be huge. Though this is only true for crypto like BTC, ETH because this is like crypto hold for long-term, and altcoins with ICO Token then the rate will drop rapidly.

[Omooba098]

This is a general phenomenon. It doesn't happen only on cryptocurrency, it happens everywhere. This is a period of festivals in which people need money to meet their wants. The price of commodities rise up in this period because of the demands. The price of bitcoin will also skyrocket in December because of high in demand and relatively low supply. This is just a simple logic of law of supply and demand and supply.

[pantet]

If we always believe and do our best in crypto world that would be possible that at the end of the year many crypto holders are rich. There are lot of inspiring stories being heard and yes its true and high percentage of getting rich is possible if we are knowledegeable enough and be smart in everything we do.

[ven7net]

I think there are a lot of reasons for raising the price at the end of the year, but there are some of which you should know about. One of the reasons is fixing the price of futures. I saw a video in which a man told how this works and it really affects the increase. Ie, to fix the price of futures for bitcoins, the price is raised - fixed and then the course goes for 4 to 5 months, after fixing the profit and again this is repeated. This is one of the reasons.

[kingzpro]

I have been in crypto industry from last 3 years and it is a nice coincidence that each year last few months have been super bullish for the market, im expecting the history to repeat this year too and im hopeful this year will be massive for crypto market.

[Tstar]

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.

[zero4five]

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.

[Henisusan]

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.

[xuan87]

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

[kingzues09]

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.