The Halving Day cycle starts to blow, crypto currency is growing this year
Cryptocurrency or cryptocurrency movement this year is interesting. Because this cryptocurrency will experience a regular half-day cycle every 4 years, coinciding with this year, since it occurred in 2016.
This half-day signal began to be felt in the first quarter of 2019, when Bitcoin as a cryptocurrency pioneer grew 6.06% per bitcoin, or about $4,049.51 per bitcoin. The same goes for other currencies like Ethereum, XRC and Litecoin.
Cryptowatch Asia analyst Christopher Tahir said the current performance of cryptocurrencies is due to increased demand from investors as the flow of capital from the capital market to alternative means such as cryptocurrencies.
As the second quarter began, the increase continued. He expects to see a significant increase by the end of April. So, next month, I expect there will be a price adjustment that could be a revenue opportunity.
In an interview with Kontan on Tuesday (9/4), Christoper said, "You need to balance each investor's risk management by diversifying your investments, for example."
__
According to him, cryptocurrencies Bitcoin, Ethereum, EOS, BNB and TRX have potential and are safe to trade this year. The potential to still buy at a relatively low price due to the negative sentiment of the global economy.
The trade war between the United States (USA) and China continues today. A positive signal is signaling the consensus at the end of April, but no definitive decision has yet been made.
So when this global sentiment weakens, currencies automatically rise as the global economy improves. Meanwhile, Ethereum Indonesia community leader Teguh Kurniawan believes that investors are starting to take an interest in this type of stablecoin. It's because it has a value that doesn't matter that much to rise or fall.