What is the life of a cryptocurrency "millionaire" like now? - Important knowledge of cryptocurrency that beginners can learn - Navi+ - GogoJungle | Auto Trading - Market Analysis

What is the life of a cryptocurrency "millionaire" like now?

Bitcoin is currently around 82,000 yen

per coin.

Recently, in mid-April there was a drop to around 700,000 yen,

and it approached that price level before rebounding from there.

That is the sense I have.

The cryptocurrency market remains

stagnant as ever,

but information suggests that from June to July and August

it might rise,

and that is what is being said.

In July, regulatory proposals for G20

are expected to come up,

and regarding that point, even if there are adjustments causing declines among the affected assets,

perhaps there could be large buy-ins by big players.

Right now, the entire cryptocurrency market

is being dragged by Bitcoin,

so in the future, each currency may move independently as well,

and that is what is being said.

Now, this time, I have added updates to the article about

millionaires made from cryptocurrency.

A "millionaire" is someone who holds 100 million yen or more in financial assets,

but since last December the overall market has fallen,

so someone who had 200 million yen then

might be down to 50 million yen.

A summary of the millionaire situation since the end of last year

and taxes is in an article

here ↓

Also, I’ve updated the articles, such as adding Cardano to the top rank

in my 2018 cryptocurrency brand ranking.

This is reflected in the update.

The people who make a profit in the market

tend to buy when prices are low

and sell when they rise.

Identifying when prices are low is not easy,

but by looking at the chart,

one point to watch is where prices tend not to fall easily.

That is one key area to note.