2021 BTC
No one can guarantee that bitcoin will double in 2021, but we can buy a small amount of bitcoin, but don't think too much about it, because bitcoin is only a virtual currency after all, it's just a virtual thing with value-added that we can see, It doesn't have value-added parts like RMB or gold, but in this case, everyone may be interested in bitcoin, just because it is a conceptual thing. If bitcoin wants to increase its price, there will be some crazy price increases, but if it wants to rece its price, it will be very fast, This bubble will be much faster than the housing bubble. p>
sometimes when we see the rising price of this kind of currency, we may feel very sad, but for each of us, the rising price of this kind of currency is not necessarily a real rising price, even if it is gold, it is a kind of hard currency. If the price of bitcoin goes up, it may be that gold prices all over the world are going up, but for bitcoin, it is just a conceptual thing. If it wants to go down, it will go down faster than this kind of real stock. Whether bitcoin can double again in 2021, no one can guarantee it, However, if you are interested in bitcoin, you can buy it in small quantities. If you are not interested, don't touch it
On the afternoon of December 5, 2013, the people's Bank of China issued the notice on preventing bitcoin risks. In the notice, the people's Bank of China said that bitcoin is not a currency, but a virtual commodity. Financial institutions and Payment institutions are not allowed to carry out business related to bitcoin. As soon as the notice was issued, bitcoin fell sharply on China's trading platform, and it has dropped by 60% in three weeks. This is the beginning of bitcoin being restricted by the Central Bank of China. In mid March 2014, the people's Bank of China issued a notice on further strengthening bitcoin risk prevention to all branches of the people's Bank of China, which required all banks and third-party payment institutions to close the trading accounts of 15 domestic bitcoin platforms before April 15. This shows that it is illegal for financial institutions in China to open trading accounts for bitcoin website platforms. Except for cash transactions, bitcoin investors can not conct bank transfer and third-party payment for transactions in China< br />
1. Ethereum: a better value accumulation target
for many years, accumulating bitcoin has been the main way to store the value of cryptocurrency. Investors use bitcoin as a sharp weapon against the economic crisis. However, institutional traders are now also interested in Ethereum
in the 2020 annual review report of coinbase, it is noted that institutional customers are more and more interested in Ethereum. The reason is related to how investors evaluate Ethereum ecosystem
first of all, it is the original currency of the network. Because Ethereum is a platform for many valuable projects, Ethereum has become a powerful trading currency in Ethereum ecosystem
Why are more and more institutional traders hoarding Ethereum
the report points out that the driving force for Ethereum holders to invest comes from: first, Ethereum's potential as a value store is constantly developing; 2、 Ethereum's status as a digital currency provides the basis for its network transactions<
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2. Investment institutions such as coinbase and Gemini are optimistic about Ethereum and defi
Arthur Cheong, founder of definance capital and portfolio manager focusing on defi encryption fund, pointed out in a statement in coindesk, "I think bold investors will explore Ethereum and defi after studying bitcoin."
according to the data, some investment institutions such as coinbase and Gemini are incredibly bullish on Ethereum. In addition, more and more large investors are looking for different decentralized financing space
Why are more and more institutional traders hoarding Ethereum< However, deniss vinokourou, a digital asset investment manager, believes that "not everyone is satisfied with the risks associated with defi that still exist, but the rapid growth of active projects in Ethereum supports capital appreciation."
unlike bitcoin, Ethereum has many ways to retain investors and lock them in for a long time. After the release of eth2.0, Ethereum owners have made a lot of profits in long Ethereum
the original text is from ambcrypto and compiled by blockchain knight. The right in English belongs to the original author. If you want to reprint it in Chinese, please contact the compiler.
At present, it is certain that its price will continue to increase. After all, there are many financial institutions supporting the stability of the currency price
there are too many uncertain events in 2020, such as epidemic, "3.12", WiFi, filecoin main network delay, US presidential election, etc., while the certain events include Ethereum 2.0 online, bitcoin price rise, etc
why is the rise of bitcoin price a deterministic event
This is undeniable, so it has become the most certain thing at the beginning of 2021. At present, it is certain that its price will continue to grow. After all, there are many financial institutions supporting the stability of the currency price< br />