Cryptocurrency Market Analysis [April 7]

Practical Cryptocurrency Investment Article April 7

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The ranking of domestic and overseas exchanges I choose

is here↓↓

https://bitcoin-newstart.com/bitcoin-account

【5th place in MagMag Newsletter Awards】

In 2020, the large-scale newsletter site

MagMag announced the Newsletter Awards

and we were able to win an award.

(Reference) 2020 MagMag cryptocurrency newsletter won 5th place in the Asset Management category!!

※Currently MagMag distribution has ended

and this article has been migrated here.

https://bitcoin-newstart.com/2020magmag

【Cryptocurrency Market Analysis】

The price movement of cryptocurrencies since last week

over the past week is summarized as follows

Summary: Current price (change from one week ago)

Bitcoin540ten thousand yen (-6.5％）

Ethereum400000yen(-3.5%）

Ripple96yen（-8.6％）

Cardano134yen（-8%）

Polkadot2500yen（-9.3%）

Binance Coin53000yen(-％）

Solana14000yen(-%)

Avalanche 10400yen(-11%)

Uniswap1250yen（-12%）

ICP　2300yen（-12％）

This week, delivery was delayed due to ill health.

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April has arrived, but mornings and evenings are still chilly, so please stay warm, everyone.

Bitcoin rose in price last week, but since the start of this week it has recently declined slightly.

Looking at the price from last year’s highs for each cryptocurrency, it is not uniform; Bitcoin and Ethereum have fallen less and are more likely to rise.

Ethereum has moved similarly to Bitcoin as its market capitalization has approached Bitcoin.

In contrast, for other cryptocurrencies with lower market caps, the decline rate tends to be higher7to8percent is common, I think.

Long-term investors who have held Bitcoin and Ethereum for a long time can realize gains at any time, and if smaller-cap currencies are suffering losses, they can cut losses and, by recording the losses, navigate this year’s profits effectively.

As always, the early entrants tend to be strong in these circumstances.

Also, at an event in Miami, USA, a Bitcoin conference is being held, and a powerful bull statue has been unveiled, drawing attention.

This week's paid portion summarizes currencies I cut losses on, newly purchased wallets, Solana entering the Ethereum ecosystem, and the value of cash since 1980, among other things.1980年からの現金の価値などなどをまとめています。