What to do after bitcoin burst
Borrow money to buy bitcoin, when the price falls to the principal and the borrowed bitcoin is only enough to repay the borrowed money, the bitcoin burst
position explosion refers to the situation in which the customer's rights and interests in the investor's margin account are negative under some special conditions. Burst is back to the loss is greater than the margin in your account. After the company's strong level, the remaining capital is the total capital minus your loss, generally the remaining part
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
Unlike all currencies,
bitcoin does not rely on a specific monetary institution. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a 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
in the later stage, the Singapore non-profit foundation can issue relevant legal opinions to do legal compliance and prove that the operation of the company is in line with the current laws of Singapore The main contents of the legal opinions are as follows:
1. White paper modification: the white paper of the project should be modified where it does not comply with the laws and regulations of Singapore, and the lawyer should issue a professional legal compliance opinion
2. Token non securitization certificate: the lawyer issued a professional legal opinion to clarify in detail that the token issued by the project does not have the nature of securities
Burst position means that some people go up and some people go down. Although we can't describe bitcoin as a zero sum game , many people do suffer serious losses
for those small partners who recognize bitcoin, they very much recognize the value of bitcoin and believe that bitcoin will continue to rise in the next few decades P>
for those who deny bitcoin, they think bitcoin has no value, it is just a bubble of capital. I personally prefer the latter view. p>
bitcoin has more than 110000 people in one day
this news is absolutely a sensation in other instries, but in the bitcoin circle, it is a very normal phenomenon that more than 110000 people burst their positions. We know that bitcoin's big ups and downs are very common. Now bitcoin has broken through $60000, reaching the highest level ever. During this period, 110000 people will burst their positions at the same time on the same day. We can imagine how many people will lose money{ RRRRR}
