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

[dentolas]

well, historically, the cycle ends/starts in december, usually december defines the bear or bull season that is comming. If we are going for another bear year, this will be a dull december...
there are other seasonal events that supposedly influence crypto, like christmas holidays, chinese new year, etc.... but i feel this is just the whales exploring human supersticion...
good luck for us all on this comming december

[opv321]

You are optimistic. The end of last year was really good. I do not think that this year we will see something like that.

[Tarion]

You should wait much longer to get rich. Look, if you say that you have joined crypto 5 months ago, it means that you joined during the last pump. You should hold your coins for at least one more year and if the next bull run happens you will get rich as well.

[Dasha88fed]

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.

Most people are pessimistic about the price increase this year. I also think that one should not expect big growth this year, there are no significant factors for this. But I think that in 2019 new investors can come to crypto and only then will we see significant growth and interest in cryptocurrencies from new investors.

[Umkar]

I would not say that cryptocurrency prices soar every year. Bitcoin is not predictable enough to expect the same price increase at the end of each year every year. It is not even possible to predict what the price will be tomorrow, because a pump or dump can occur at any time due to well-organized manipulations in the crypto market.

[Thomas-s]

Last year made a lot of investors very rich people, because bitcoin cost 20 000 this year, is unlikely to rise to such a price.

[drmasa]

Last year is more exception than the rule! Usually there is a dump before ny holidays but in 2017 there was bch fomo and other forks ( a lot of free money) and that caused the price to rise unnaturally.

[dobladi]

The situation right now proves one thing, that the market won't always be infavor to its users. And also, if I'm not mistaken, it was only last year where market have gone skyrocket continuously which made the investors rich. Obviously, what happens at this moment is basically the answer to the question if crypto holder are ALWAYS rich at the end of every year which is a huge NO since consistency is lacking.

[niqabibasilan]

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 cant be true but we will see into it in this end.of the year. lets hope we can have a massive profit.

[CryptoMoar]

indeed at the end of last year bitcoin and altcoin had fantastic values and made the holders happy. but we never knew at the end of this year, whether the end of last year will be repeated at the end of this year. all can only speculate. so I think it's not true that every end of the year there are many crypto holders who are rich. I think they get rich because they always try every time. and maybe they show their results at the end of the year. so it's as if they always succeed at the end of the year.

[jonsky05]

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 because many people wants to make a profit so they make it buy than to sold it . Even the market is stable now we can make a good profit in crypto as long we know to manage it and the strategy.

[Nasonn]

There's no fundamental truth to that, the market can go either way at any point in time. It isn't guaranteed that at the end of the year those hodling coins will be rich.

[barabarian1]

in my opinion is not true. Crypto holders earn income not only at the end of the year. they can earn income every day by doing daily trading. maybe when the end of the year the market price soars they can get a lot of profits like last year. but I don't think that at the end of each year prices can be sure to soar. so I don't think that's true, if people get rich at the end of each year.

[trofim21]

If we analyze the past years, we can see that there has always been a market growth at the end of the year. Maybe this year everything will happen again, so I continue to invest in a project that can bring good profits. In my opinion Here is an example of #swachhcoin projects. The project will pay people for their trash. At the moment the bonus is 25%, you can buy coins until mid-December. I advise you to see the project.

[airdrophunter]

That claim can only be supported or corroborated if every end of the year is like what we have experienced last 2017. I have a friend of mine how became rich sometimes in January this year because if we look at in the graph, almost all cryptos are rising drastically.

[jossiel]

This proved that not just because we've seen on how good last year was for crypto, every year is going to be a blossom year for it. We are experiencing not so good market for this year and even the top 1 coins to 100 are also struggling.

But fluctuations are do normal in crypto and if you happen to see the price of bitcoin right now, it's also encouraging that there's a potential good price pump at the end of this year. 1 more month to go and we will see if bitcoin will skyrocket and will make more rich people thru short term.

[Wyndesam]

Bitcoin of course has been growing for 10 years if you look at the global chart, bitcoin certainly has a blockchain Creator and because of this it is popular and will continue to grow, and other top coins also have a product that helps to live better

[danielanm]

I really don't know if is true, but i still hold some coins i have bought.

[Tigra3458]

this is not always the case, look at the General graph of bitcoin and other coins. of course bitcoin will hurt here the rules for other altcoins, but some can still maintain their positions independently. now we see a drop in the market, what will happen next.

[fedben]

I think the best year for cryptocurrency was late last year. Lots of my colleagues made it really big last year. But this year has just become the worst experience ever, as it keep falling right from the very start of the year until this present moment, which is just so disastrous.