Cryptocurrency Market Analysis【November 5 Edition】

*The articles we publish are excerpts from paid articles.

The week before last, from just under 800,000 yen

to a top Chinese leader's blockchain remarks

caused Bitcoin to surge,

and since last week has been around the 1,000,000 yen level.

It has been fluctuating near 1,000,000 yen.

Bitcoin daily chart

The price of 1,000,000 yen

is a level that people pay attention to easily.

Currently around the 1,000,000 yen level,

it has been moving at that level,

so technically it is not easy to break down below.

However, looking ahead to the year-end,

whether Bitcoin and the cryptocurrency market will see an inflow of funds

is one point to watch, in my opinion.

Earlier, the CEO

of the overseas exchange BitMEX, Arthur Hayes,

said that the cryptocurrency market would recover around 2020

spring,

and suggested that funds might flow into the market due to U.S. rate cuts,

and that prices might rise sooner than expected.

【Countries Interested in Bitcoin】

The major American exchange Coinbase

records Bitcoin’s 11-year history and has summarized in a report

which countries have shown interest in Bitcoin.

https://blog.coinbase.com/charting-the-course-of-bitcoin-11-years-and-counting-b4e17969d4e1

This is a survey based on Google Trends, which can show the effect of search activity.

According to Google Trends,

in 2009 Austria showed the highest interest,

Kazakhstan (2010)

Estonia (2011)

Finland (2012)

Ghana (2015)

Nigeria (2016)

South Africa (2017)

and so on.

From this, I think around 2017 Bitcoin drew a lot of attention,

and it was also a period when wallets like Bit Region

MLM were widely spreading in parts of Africa, such as South Africa.

Even today, some people invest in similarly high-yield wallets, recognizing the risk,

but back then public awareness was not as widespread, so there were no easy cash-out tumult.

However, in the end, the government urged people not to invest in Bit Region,

and there were warnings that investment should be avoided.

I think there was a notice issued.

【Angelium Wallet

Dividends

The Angelium Wallet has been operating since July 3.

From the 26th, it moved into

Heaven 2.0 (Second Phase).

Below, ANX is the amount of Heaven (locked).

ANX

→ 70,000 yen (initial)

→ 170,000 yen (second-phase)

→ 220,000 yen (October 7)

→ 260,000 yen (October 15)

→ 260,000 yen (October 21)

→ 280,000 yen (October 28)

→ 450,000 yen (November 4)

In the exchange (beta),

the dividends

＊This ANX was purchased by me with funds. (Not locked)

＊The initial purchase of ANX was 140,000 yen.

October 28 → ANX 37 million yen, other currencies (dividends) → 50,000 yen

＝ 4200,000 yen

ANX has risen significantly.

From the first phase,

those who hold ANX as dividends have

a profit of 2.6 times.

I consider Angelium to be a high-yield wallet, so for safety I have taken partial profits in ANX as dividends.

If I had kept it, I would have gained more profit, but given the situation at that time, I think I had to decide like that.

I still hold it.

What makes Angelium different from other high-yield wallets

is that a Japanese person is involved in the management.

The CEO is well-known enough to be listed on Wikipedia.

Management often appears publicly and shares information.

That is a major difference, I feel.

Regarding Angelium ,

ANX's surge is summarized in this article.

＊Click item 15 in the table of contents to jump.

https://bitcoin-newstart.com/angelic-ico

Official wallet is here.

https://bit.ly/2Y5EhK0

＊If you are considering investing,

use risk management with surplus funds.

and proceed with caution.