Is the virtual currency in an upward trend since mid-2018? - Important knowledge of cryptocurrency that beginners can learn - Navi+ - GogoJungle | Auto Trading - Market Analysis

Is the virtual currency in an upward trend since mid-2018?

The ongoing cryptocurrency

bear market continues.

In mid-February it reached around 700,000 yen,

Bitcoin fell and

rebounded, but it is approaching that level again.

Whether it will break above this line or go lower

is one benchmark to watch.

Since this is the bear market from

January 2018, there is a famous

statement on social media site Twitter by the CEO

that “altcoins will shift to an uptrend

from around mid-2018.”

He has said that.

Even Ethereum has fallen to the price level of

November 2017.

This bear market continues.

Normally it’s a market where prices keep falling and

it’s hard to buy.

However, for mid- to long-term investors in the cryptocurrency market,

if you expect prices to rise,

everyone would want to buy at as low a price as possible.

I think that is obvious.

Nevertheless, when the market falls,

everyone hesitates to invest.

If in 2018 the price were to return to its peak,

you might consider: “Where would buying yield the most gains?”

That perspective could be useful.

And since investing should avoid dumping all funds at once,

it’s important to preserve cash to invest in future opportunities.

This way you can invest with more stamina (capital) later.

Doing so helps you decide for yourself where to buy

and what price to set for your own strategy.

What do you think?

Now, we’ve summarized the notable Twitter CEO’s statements in an article below.

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【2018】 Our recommended cryptocurrency rankings are

summarized here.↓↓