What does short bitcoin mean
Similar to futures contract, it is a trading method proposed by bitstar
the leverage of bitcoin virtual contract is shown as the leverage stability of the revenue level of legal currency: if you invest US $100, the revenue you can get = US $100 * the rise and fall of bitcoin * the fixed leverage ratio
assuming that the current price is 500usd / BTC, an investor can buy a BTC at the current price, and the principal is 500usd. At this time, the investor can make 50 more BTC virtual contracts
at this time, if the price of BTC rises to US $750, or 50%, the investor's contract income is 3.3333 BTCs, which can be sold at the current price to get us $2500, and the income is five times of the principal investment
bitcoin futures provided by bitcoin exchanges are usually traded in bitcoin. Futures is opposite to spot. Spot is a commodity that can be paid and delivered at the same time. In fact, futures is not "goods", but an agreement (contract) - futures contract that promises to deliver "goods" (subject matter) at a future time
extended data:
futures contract is an agreement that the buyer agrees to receive certain assets at a specific price after a specified period of time, and the Seller agrees to deliver certain assets at a specific price after a specified period of time. The price that both parties agree to use in future trading is called futures price
the specified date on which both parties must conct transactions in the future is called settlement date or delivery date. The assets agreed to be exchanged by both parties are called "subject matter". If an investor gains a position in the market by buying a futures contract (i.e. agreeing to buy at a future date), it is called long position or long in futures
On the contrary, if the position obtained by investors is to sell the futures contract (i.e. bear the contract responsibility to sell in the future), they are short positions or short on the futuresthis shorting is just to convert your money into more bitcoins. However, in order to make money, you can only make money when you get more bitcoins. Like China's stock market, there is a reason to increase positions when it falls. But what I want to tell you is that short selling can't make money
unlike the short selling principle of spot market, short selling in spot market can make money when it falls, and the position in hand is unchanged. But bitcoin changes your position. In the same way, China's stock market falls more and more, sharing the cost of building positions equally, and then waiting to rise
after understanding the principle of bitcoin shorting, we can get the answer: in short, this kind of shorting is actually false.
1. Which conditions are suitable for Solo mining
the first thing to know is that not all electronic currencies are suitable for mining in solo mode. For video card players, if they dig bitcoin in solo mode, they may not be able to dig one in a year
friends who play Shanzhai coins often encounter such problems. It's hard to find a mine pool. It's hard to find a "black mine pool". What should we do? The only choice is to use solo method for mining
generally speaking, if your mining speed is above 1000m (SHA-256 algorithm), or above 1000K (scrypt algorithm), and the current difficulty of currency is below 0.5, you can consider solo. In a word, the greater your computing power, the lower the difficulty, the more suitable for Solo mining< How to set it
(1) download the wallet software of the e-money you want to dig, install and synchronize the data, and then close the wallet software
(2) click system "start", "run", enter% appdata% in it, and then click OK (WIN XP and win7 systems both operate in this way), or press "win" key and "R" key at the same time to open the running interface.
among the characteristics of bitcoin, the first is decentralization, with no central bank. It's easy to be used to launder money. In addition, bitcoin comes from the use of computers to dig. It does not have gold as a guarantee, nor does it have national reputation as a guarantee
looking at the trend, paper money will be replaced sooner or later, which is the electronic currency issued by the state
bitcoin is also fried, which may be the Dutch tulip of that year
our country has closed the bitcoin trading website, which is the most obvious statement. Other blockchain currencies are constantly being investigated
as investors, we should know clearly that all kinds of investment procts are up and down, and now they are really high. What's more, things with no value, or things with virtual height, don't last long
I hope you pay attention to risks. Rational investment.
Summary: no matter what the trend, holding or short bitcoin is a better choice than short bitcoin
bitcoin dropped from its peak of $19798 on December 17, 2017 to $6519 today, down about 66%
at this time, the air force is making a lot of profits, and shorting bitcoin has become a correct market strategy
Only earn what you should earn! Short position or fixed investment is more wise than short! After all, the first rule of investment is to ensure the safety of the principal and never lose money