Cryptocurrency Market Analysis [December 30 Issue]

This newsletter as well
will be the last one this year.
To all our subscribers
thank you for continuing your subscription
with us.
This year, including failures, I have gained various experiences through investing.
In 2020, I hope to continue researching so that I can leave profits higher than in 2019.
2019年
The rest is short, but
please have a good year.
Bitcoin has slightly decreased from the price of 800,000 yen last week
and is at a relatively unchanged price level.
Bitcoin daily chart
I have drawn red circles on the chart,
Bitcoin has twice tested 750,000 yen (decline) and
each time rebounded, so if it declines,
it may break the red horizontal line,
which would be significant to watch.
Those engaging in short-term trades may
enter at the bounce of this line.
【Looking back at 2019 market】
In 2019, Bitcoin was
around 400,000 yen and Ethereum around 10,000 yen,
showing a trend of falling prices.
During that period, many people were pessimistic,
and there were those who did not want to see the cryptocurrency assets balance.
From April 2019, prices rose sharply,
and from July they gradually declined from their highs,
overall downward movement occurred.
Those who bought Bitcoin at the beginning of 2019 are now holding about double their value
and those who bought Ethereum
have about 1.4 times their value.
In terms of medium to long-term investing,
the buying point can be said to be the first half of 2019.
During this period, there were also voices on Twitter such as
“Bitcoin is finished.”
These kinds of pessimistic reports,
in fact, signal a rebound when they spread.
Now, Bitcoin's price is around 8,000,000 yen, and
some expect it to fall to around 550,000 yen, but
I think the current situation is that the trend is unclear.
Two failures in 2019 were
Algorand and
Noah Coin.
Algorand was
listed on Binance from the start and expected to rise,
but its price dropped significantly afterward.
Originally it was sold at 200 yen via an auction,
and a year later you could sell it at the same price,
you could own the right to do so.
From the current price level of 25 yen,
for those who bought at the auction (200 yen), they will certainly be able to sell at cost (200 yen).
I bought Algorand at 300 yen and 200 yen.
*Not via an auction..
Regarding Noah Coin,
I invested money during its decline,
and it briefly yielded 2x to 3x profits.
However, when Noah Coin transitioned to the new currency Noah Platinum,
coins that could not be migrated were burned (reduction in issued supply),
so I expected the price would rise, but the management locked Noah Coin,
making it impossible to sell.
でした。
【Angeliump Wallet】
Since July 3, the Angeliump Wallet has been in operation.
Here is the status of Angeliump Wallet.
The lower ANX is Heaven (locked).of theANX
amount.
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)
→350,000 yen (November 11)
→380,000 yen (November 18)
→260,000 yen (November 25)
→410,000 yen (December 2)
→400,000 yen (December 9)
→410,000 yen (December 16)
→320,000 yen (December 23)
→180,000 yen (December 30)
ANX saw a large drop as many people unlocked on the 25th.
The chart shows
From previous experience, starting from October, including me, unlocking on the 25th led to ANX being sold off heavily.
Currently,
- Before the big drop on the 25th, did the management sell to secure funds?
- Did they know there would be a dump on the 25th and sell beforehand?
-ANX will not go below 0.01 dollars.
- Regarding ANX, there is currently no buying interest, and selling is not possible. However
using the quick-sell feature allows selling ANX with 18% fee,but monthly quotas are limited, so new sales will begin in January.
- In the future,how will the management raise the price of ANX?
is the current situation.
I originally had 170,000 yen worth ofANX locked,
but that was not purchased; it was dividends from when Angeliump Wallet started and Ethereum was deposited.
So, in itself, it is profitable.
My Angeliump management includes:
-ANX purchased in early listing (about 30% profit already).
- Holdings from original dividends (170,000 ANX).
In reality, from this crash, with ANX listed,
the currencies I bought initially were progressively sold to realize profits,
but if this situation continues, I wish I had sold sooner and more decisively.
)