The trend of price rises, Indodax bitcoin: a profitable asset Bitcoin

The trend of price rises, Indodax bitcoin: a profitable asset Bitcoin

Rise of the price of the bitcoin lately makes people more heavily in buying digital assets, one of which aims to provide an additional asset. Why? Because Exchange rates are high enough to make people insistence on making these assets as one of the instruments of alternative assets. 

What is the right strategy for not profit of the bitcoin? Oscar Darmawan Indodax CEO argues bitcoin rated quite profitable as assets. Especially now, from monitor Indodax, 9.5% growth having Bitcoin during the last 7 days.

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 "Where per 24 April 2019 are at a figure of Rp 80,221,000. Apply simple strategies that are bought at the lowest price and then sell when the prices are soaring. If the application is correct, then the profits that could be di rape additional deposits, outside another steady income,  "says Oscar in the description of Kontan.co.id, received on Tuesday (30/4).

Today only, the final price of the bitcoin is in the level of Rp 75,362,000. Oscar-assess price could still go down and selected investors deserve to be bought.

Bitcoin can be used as an alternative to ownership of the assets in a much more secure. But in addition to ownership of assets, had another function that is bitcoin for storage implementation such as land value, and gold can be sold at any time when the values are high,  "said.

In addition, the technology transfer process making blockchain out of the country was very quickly without involving a third party,  "next Oscar.

Bitcoin or crypto assets is now classed as a commodity which is administered by the Ministry of trade. Oscar noted digital assets such as the volatile nature of the bitcoin or price is volatile so it's interesting to be traded. 

He believes the bitcoin getting closer to the time of day, so having this year no fantasize can cost up to Rp 100 million a bitcoin.

The price of the old rectified last year, this year's price bitcoin foretold climb

On a quarter-I 2019 currency rates crypto (cryptocurrency) appreciation. Based on site coinmarketcap.com price bitcoin quarterly-I grew 6.06% on Sunday (31/3) US $4,098.51 per one BTC. Currencies of another crypto also the natural trend is similar.

Chief Executive Officer (CEO) Indodax.com Oscar Darmawan said, because of the bitcoin over the last year has experienced a period of correction that is long enough so that the momentum created by the price goes up because there is no longer a bitcoin on sale cheap.

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It also results in the event of a price increase of demand made significant as now in particular because of the bitcoin will soon be entering the next supply reduction in the near future or halving.

For that, investors seemed to need to determine investment strategy in this virtual currency. "I think every year is always the same, select crypto-quality, cheap buy on sale when prices do not match when selling expensive," said Oscar to Kontan.co.id Tuesday (9/4).

I need to know now more and more the number of a crypto token. He suggested as good investors cautious because of the many crypto tokens that do not have a clear function and ecosystem in tow.

Oscar suggested investors should buy only crypto clear vision and mission, choose a sensible, don't pursue short-term gains because typically only lead to a loss in the long term.

Bitcoin is indeed a pioneer, crypto still doesn't forget the ethereum will still save a lot of potential in the market. In market cap global ether positions second.

Inditex who is also a pioneer in crypto exchanger Indonesia project has more than two million members in this year. Investors rated will be making mengandrungi this investment because the price of the site in the bitcoin in the last month has gone up about 50%.

Now in index price bitcoin reached Rp 72 million rupiahs per one bitcoin. "Investors already bought at the right time last month and selling it right now so get 50% more profit in a short time," said Oscar.

However, every investment there is definitely a challenge. According to Oscar homework, a crypto industry in Indonesia is still on education because there are still many who do not know what community it's crypto and many misunderstandings behind him but a lot of potential in the blockchain project can be developed.

He predicted the price of the bitcoin getting closer to having the time of day until this year no price can go up to fantasize Rp 100 million a bitcoin. "We just look where prices will be moving because the price of pure bitcoin determined to demand and supply," said Oscar.

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