Bitcoin reaches 8,000,000 yen! ~ When is the best time to buy?
The cryptocurrency market is a festival.
It’s quite a stir, isn’t it?
Bitcoin has reached 800,000 yen.
It has reached that level.
As of April 1, it was around 400,000 yen.
So, in a little over a month, it has nearly doubled in price.
That is the price rise.
Regarding the causes, I touch on them in my article, but
there is no clearly defined factor
that has become clear.
One thing I can say is that Bitcoin is being bought, and funds are
slightly flowing from altcoins into Bitcoin.
That is, money is moving toward Bitcoin.
And when is Bitcoin a good buy?
Well, during this surge,it is not Bitcoin that is the target.
Rather, it’s coins whose price has stabilized,
such as Ripple.
And Ethereum is another good target.
I feel that.
In particular, regarding Ripple,
looking at the chart formation,
I think it’s a good buying opportunity.
So I bought a little Ripple.
＊I have held a lot of Ripple since 2016 already,
so I don’t plan to increase Ripple holdings much more.
From our newsletter readers, I often get questions like
“I wish I had opened an account.”
I think opening an account and watching cryptocurrency information to wait for opportunities
is important.
Recently, exchanges such as
are around the recommended ones.
https://bitcoin-newstart.com/bitcoin-account
So, regarding Bitcoin’s
surge, its causes, and the best targets
in currencies, I have summarized them in an article.
https://bitcoin-newstart.com/bitcoinprice-0512
Cryptocurrencies are becoming more solid in terms of standardization and exchange establishment,
and infrastructure is strengthening.
If you read that trend and
invest when others are not,
that is what’s important to me.
