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

[Mommynigabby]

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?

Definitely a myth well so far since september Bitcoin (and Ethereum's) movement has been nothing but down south. I get worried sometimes but a bg part of me still believes that it will recover itself in a matter of  time.

[Krismanto]

I don't think so, because, without hard work, we also can't make a profit. Maybe you have experience in 2017 that many rich people end the year. But it is different from the current conditions, which is now the end of the year and the price of coins is still falling. And this is no sign that the price of coins will recover soon.

[modmalaney]

It does not make the facts right. probably just a coincidence only for last year's crypto increases big enough and it's not going to happen again this time. current crypto falls back and even this is the end of the year in which many are predicting that it will increase in height on crypto. so it would be more appropriate if something like this would be hard to predict.

[boolog]

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 year is drawing to a close and it does not look like it. A bull run every december is probably more of a myth than the truth. Many hoped for it, as i did, but the bull run just does not seem to come.

[stue]

That statement cannot be proven with certainty. Referring to experience, we have only observed growth from soaring crypto values ​​at the end of last year. And it hasn't been proven yet in other years. Moreover, no one is able to know every increase in value that will occur in crypto. Crypto can suddenly increase before the end of the year or after the end of the year.

[KolayZdun]

According to statistics, Bitcoin has always grown in this period by 63%. So it is possible that many were enriched during this period of time. But don't think you can get rich. An inflated level of expectation is always bad.

[Meizu]

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 year proved to us a very different assumption. Already before the end of the year there is very little, but as we can see, there was no take-off in the market. Here the theory breaks down, taking off can be at any time, and at the beginning and in the middle and at the end of the year.

[TamaraKul]

There is indeed such a pattern in this market, but you understand that it happened purely because of a couple of years, in which there was a very large growth and the average value spread to all other years?

[sulis sudibyo]

it's the end of the year and see if anyone is rich now?
the answer is clearly nonexistent. it's all about luck and nothing more. there will be no repetition for each event.

[vanya.pronin.1983]

It is normal that at the end of the year the price is going up. Moreover there are several exciting updates that are coming at the beginning of 2019. Ethereum is going to have a hardfork and the blockchain update.

[starplaks]

Not always at the end of the year we see the growth of cryptocurrencies, because of this process there is no specific frequency!

[vasilisc555]

Not true. It was this year that the strategy to keep long failed completely. The winners are only those who trade on the stock exchanges. Short In general, guys, we all need a global reversal of the trend.

[yulchatar]

According to your theory, the bitcoin upward movement should take place in mid-December but there are already 6 days left until the new year and there has been no space growth. Although the movement was and not only down. It's impossible for every year to have the same scheme. Perhaps in a year or two.

[Hudora]

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?

As true as the existence of Santa Claus. Of course someone met him, and even received gifts from him in the winter, but these are the ones who just happened to get under this generosity-no more.

[fly99]

This is not true. The cryptocurrency market is very bad in 2018. This year's investors are losing money. So at the end of the year, apart from the Christmas benefits, there is no good market, and the cryptocurrency may remain depressed for several years.

[CryptoCoinArbitrage]

It is not true that every end of the year is beneficial is crypto holders. Crypto market behaves in cycles and we do not know
how long a cycle lasts. So, it can happen that we have bearish market for years before the bullish one arrives.

[TastyChillySauce00]

It is not true that every end of the year is beneficial is crypto holders. Crypto market behaves in cycles and we do not know
how long a cycle lasts. So, it can happen that we have bearish market for years before the bullish one arrives.

Otherwise if that is true so many people will become rich because the market is simply prrdictable to that statement. Unfortunately theres no such thing as absolute future when it comes to crypto and other financial things

[trofim21]

Perhaps this trend was in previous years, but this year it will not be because there are so many people who have learned about cryptocurrency and now the market needs a lot more time to recover.

[kerzhake]

I think that this is true because there are a lot of very rich people in the cryptocurrency market

[BillyBelmonte]

All this is just an average or spikes in overall statistics. It's like taking 10 people, 9 of them will get$ 100 and 1 will get$ 10K, on average they will get$ 1090, but in fact it false.