Bitcoin reaches the 200,000-yen range! What is the direction going forward
Bitcoin has surged past 200,000 yen in price.
In May, it has risen by about 40,000 yen at once.
The current price rise has paused a little,
and we are in a phase where the increase is slowing down.
Could this be a Golden Week bubble?
Has the ample holiday period become a good opportunity for investments?
Recently introduced
altcoins centered on "Ripple" and "NEM"
have also risen as sharply as Bitcoin
at once.
http://bitcoin-newstart.com/ripple-nem-richman
http://bitcoin-newstart.com/ripple-nem-richman
Since the end of last year,2017 has been a topic among experts
in the 2,000 to 3,000 dollar price range.
However, by May it has already moved to the 1,700 dollar range.
From overseas information, Japan
this April officially recognized virtual currency as currency
which is considered a major factor.
Indeed, the Japanese cryptocurrency market has a large share of the global market and exerts a big influence.
Looking at past trends, Bitcoin rose,
but during stagnation, Ethereum and other altcoins
rose sharply, and during Golden Week
most major currencies have been rising in price.
Moving forward, it is important to carefully identify which currencies will survive.
During the Golden Week surge, inquiries to me have increased, and there are voices that want to invest immediately.
However, as written in this article
http://bitcoin-newstart.com/ripple-nem-richman
People who have achieved significant profits are those who keep studying currencies.
They invest with a clear view of the currencies’ future prospects.
That has resulted in larger-than-expected surges and big profits for some.
So, rather than rushing to投入 large sums immediately, I recommend investing gradually while researching currencies to a reasonable extent.
In my paid serial articles (550 yen per month), I explain with the basis of currency investments.
If you want to save time even a little and learn about currencies, this should be helpful.
http://bitcoin-newstart.com/axon-investment-saronhttp://bitcoin-newstart.com/axon-investment-saron
Some readers who have read my articles have earned ten times the profit.
There were people who bought 110,000 Ethereum, turning it into 1.1 million yen, and were unsure whether to withdraw in Japanese yen.
If you参考 things from my articles and other information and use it as the basis for your own investments, I would be grateful. Please treat this as a参考.
Also, regarding how to view the Bitcoin market,
http://bitcoin-newstart.com/bitcoinfx-tradehttp://bitcoin-newstart.com/bitcoinfx-trade
I regard it as short-term trading, but
swing trading (mid to long term) can also work fine.
If you refer to entries using the horizontal lines of the report, and identify currencies with potential future prospects,
then by buying more at the entry points, you can reap substantial profits when riding the waves.
However, with swing trading, keep leverage quite low.
Entries using horizontal lines do not give a “buy” signal during price surges.
But that helps to reduce risk.
