What to do after bitcoin can't be sold

1. 1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system
2. Unlike all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips: ① the above explanations are for reference only, without any suggestions. The relevant procts are issued and managed by the corresponding platform or company, and our bank does not undertake the responsibilities of investment, cashing and risk management of the procts
② there are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction

response time: January 6, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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2. 1、 Over the counter (OTC)
that is, the buyer and the seller freely negotiate the price and terms on the OTC platform and trade on their own. The external trading platform mainly provides two services: one is the information matching of both sides of the transaction, and the other is the security guarantee of bitcoin

Second, contract transaction, currency to currency transaction
the traditional digital asset investment is the conversion between digital assets and RMB (CNY). Currency to currency transaction is to buy and sell bitcoin as the base currency for other digital currencies, buy low and sell high to get more bitcoin. 58coin can support BTC / eth / etc / LTC / BCC / dash and other six kinds of digital currency exchange, provided that you have money. I suggest you transfer the money in hand directly into 58coin
Third, overseas exchanges
if bitcoin spot trading is not allowed in China, then go directly to overseas exchanges for trading. Common foreign exchanges, such as the bitrex website, are easy to register and provide us dollar and bitcoin transactions, but they do not have a Chinese version. They must also open a US dollar account for cash withdrawal<

Fourth, decentralized exchange
decentralized exchange is to install a software on your computer, and other people also install the software, and then you form a P2P network with each other. You can use this software to buy and sell bitcoin through this network. Both sides of the transaction can be completely unfamiliar. Both sides should abide by the same agreement. The platform does not guarantee the security of the transaction. Generally, for the security of the transaction, both sides can apply for a third-party arbitration.

3. The domestic channel of knowledge blocks the continuous operation of foreign countries. In the later stage, it should come out of the channel countries to avoid the expansion of knowledge, and through bitcoin, it's inexplicable that a lot of money itself will be disordered, and the circulation of virtual money will be more disordered if we study the history of money and have a cognition of money, we know that virtual money can't become the mainstream goods Currency can't be a trade currency. It's only suitable for currency speculation. It's a sharp tool for a country to adjust to the country, and it's also a pillar for a country to participate in the world economy. From the previous precious metal currency to the US dollar, and from gold to political credit, it can't be lost. Just in time, there won't be a bit replacement in the 1972 Brinton So money is very risky

4. If we can't sell $50000, you can only say that you have bad luck because no one forced you to invest the money.

5. There is no need to worry about this. Basically, cash can be withdrawn at any time after the transaction. This depends on the platform. At present, okex is used more frequently. Domestic trading volume is basically the first, reliable and safe.

6. When the price is right, shipping bitcoin is the right way to win investment, but maybe (note that inference is not sure) the value of bitcoin will be higher in the future. If the shipment is not completed, you need to wait for the opportunity to continue to sell; If you are willing to collect a little bit, you can store it in a secure bitcoin wallet. The secure bitcoin wallet here does not mean that it is still in the exchange (because the exchange will run away), nor does it mean that it is in the hot wallet app (the hot wallet app on the mobile phone is not safe). The safest wallet should be the offline paper wallet of bitcoin, We can search the secure offline paper wallet of bitcoin on the Internet and learn how to make the most secure offline paper wallet of bitcoin
the price of bitcoin fluctuates greatly and the risk is not small. The answers are for reference only.

7. If you find a qualified platform in China, it will not go bankrupt if you have strength, such as 1coin, okcoin, Huo coin, etc. where can you go to find a foreign one? It's not suitable for Chinese people.