Bitcoin falls below 60
of course, the next month will be the cycle of proction rection. After two months of proction rection, most of them will usher in the market. Therefore, if there is a short-term withdrawal, it will be a perfect low absorption point
it's better to buy bitcoin ETF fund than bitcoin in 2020< In theory, X2
3. The current price of bitcoin is 70000x4 = 28000 US dollars (the expected price after this year's proction rection)
ring this period, the return comparison between holding spot money and ETF fund is as follows:
1. Buy spot money to hold, earn 4 times
2. Buy ETF fund, earn 12 times, Up to 30 times (intelligent position adjustment + fund compound interest calculation)
there is no doubt that bitcoin ETF launched by bitoffer is the best investment choice!
there are many unsuccessful currencies in history, such as the Deutschmark in the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were usually e to over inflation that could not happen on bitcoin, there were always potential technical errors, currency competition and political problems. The basic lesson is that no currency can be considered absolutely safe from failure or difficult times. Bitcoin has been proven reliable for several years since its birth, and it has great potential to continue to grow. But no one can predict the future of bitcoin< The rapid rise in price of BR />
does not constitute a bubble. Artificial overestimation will lead to a sudden downward revision, which will form a bubble. The price fluctuation of bitcoin caused by the indivial behavior of thousands of market participants is the result of the market determining the price. From the emotional point of view, the reasons for price changes include: the loss of confidence in bitcoin, the huge difference between price and value not based on the fundamentals of bitcoin economy, more and more news reports stimulating speculative demand, fear of uncertainty, and outdated irrational prosperity and greed.
On April 18, it was reported that the price of bitcoin had soared for a time, once exceeding US $64000. Today, bitcoin suddenly plummeted, once falling by more than 15%, the price fell below US $52000 / piece
for the sudden collapse of bitcoin, some analysts in the instry believe that it may be affected by the latest news that the US Treasury Department has accused several financial institutions of using cryptocurrency to launder money
affected by the sharp fall of bitcoin, other digital currencies have declined to varying degrees. Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, and even Musk's favorite dog coin plummeted 19%
extended data
experts said that the slump is a normal phenomenon:
"in fact, the slump of bitcoin is just a normal phenomenon in the market." First of all, bitcoin itself is a kind of high-risk emerging asset, and its daily price fluctuates a lot, and it is often prone to sudden rise and fall, Li William, chief researcher of Ouyi okex Research Institute, told reporters. Secondly, from an empirical point of view, the withdrawal in the bitcoin bull market is about 33% - 66% of the basic trend direction, lasting for a week or several weeks
according to him, even though bitcoin has entered a bull market since January 2021, with a cumulative increase of nearly 2 times, it often falls sharply, with the biggest daily drop of more than $5000 for at least 7 days, and the biggest daily drop of more than $10000 for two consecutive days on February 22 and February 23
William Lee further said, "from the fundamental point of view, this round of bitcoin slump also has regulatory impact. On Friday, Turkey's central bank banned the use of cryptocurrency and cryptoassets for payments, citing possible "irreparable" damage and trading risks. Shortly after the news, bitcoin fell about 4%. For investors who have entered the market early and hold a large number of bitcoin chips, they have made a lot of profits at this time. In the case of unclear supervision in the future, it may be the best time to choose to sell bitcoin and leave the market, which triggered a subsequent slump. "
Bitcoin, which recently peaked at $64000, has fallen below $52000. Now many people have left the market, and the whole market has volatilized 37.9 billion yuan. it is common for the whole virtual money market to fall and rise sharply. This fall may be e to the technical adjustment of operators, because the head structure of bitcoin has come out in the medium term, and it is bound to fall under normal circumstances, because it has almost reached the peak in the short term
bitcoin is destined to be a target of leek cutting in the eyes of Warren Buffett, bitcoin has risen so high, I personally think that the market is no longer regulated, and many risks have been obvious, but there are still many people looking for stimulation and have been frantically squeezing their heads in
now many video card players have begun to mine. In the past, almost everyone in many video card forums was discussing virtual currency, even operating virtual currency. Most of them are optimistic about the future of virtual currency, because virtual currency is g out free of charge. If they have a graphics card in their hand, they can make profits after calculation. If they can make profits, except for electricity charges and losses, it is suggested that mining can be carried out, but it is a waste of resources
in the long run, I don't think bitcoin has reached the end. The price of bitcoin is too high. A virtual currency that can't be seen or touched can be fried to more than 30 thousand pieces. Now, if you buy it, you may be able to harvest leeks further. However, if you play short-term, there may be a certain possibility that you will make a profit, but the risk is too big, so it is not recommended that you enter the market now
Bitcoin has always been what people want to invest in, and many people put a lot of their assets into bitcoin, and also want to get a higher return
but in fact, the value of bitcoin will rise or fall to a certain extent, and it may also rise or fall in a certain volatility, which will affect some investors, and may also lead some investors to talk about fans. Bitcoin fell below $56000 per coin, down 3.6% in the day. What should people who get on late do? I think these people should get rid of them as soon as possible. There are three main reasons for this:
first, if we don't get rid of it, there may be more losses
in fact, in my opinion, those who get on the bus late should let them get off as soon as possible, because if they don't get off, they will probably have greater losses and higher costs. They may not necessarily be able to get a higher return, but they will not be able to accumulate more wealth, I think it is necessary to get rid of it as soon as possible{ RRRRR}
that's my opinion. Do you have any ideas
the sharp drop was mainly e to the fact that some regulatory authorities said they would soon Sue several virtual currency trading platforms the price of virtual currency rose sharply after it was originally listed on the virtual currency exchange, but a few days ago, a regulatory agency said that it would sue a number of virtual currency trading platforms. After the news came out, all cryptocurrencies, including bitcoin, fell sharply, which almost wiped out the previous increase. Cryptocurrency roller coaster like market, so that many trading platforms can not bear, in the day of the crash, there has been a platform downtime, obviously no one thought the crash came so suddenly
The price of bitcoin has dropped below $52000, compared with the peak of more than $60000. To be honest, its price has dropped a lot. But if you want to know, a few months ago, the price of bitcoin was only more than 10000 dollars. Compared with the decline of bitcoin this time, the rise of bitcoin is far more than these. So if you look at the long-term holding, the collapse of bitcoin this time will not cause too much impact. But it is clear that many people are not able to see bitcoin fall. So today we will discuss what factors are behind the collapse of bitcoin{ Third, how to view the collapse of bitcoin
in fact, the collapse of bitcoin was foreshadowed before he went on the stage, and bitcoin has no value. Of course, this is not what I said alone. Bitcoin itself has been speculating about its scarcity. But as long as you know a little about finance and technology, you can understand that the scarcity of bitcoin can be copied, so it does not have much investment value. This bitcoin slump should be just the beginning. After that, the price of bitcoin will graally return to a rational state
the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transaction behaviors, and uses the design of cryptography to ensure the security of all aspects of currency circulation. Bitcoin network uses & lt; Mining & quot; The next generation of bitcoin. The so-called & lt; Mining & quot; In essence, it is to solve a complex mathematical problem with computer to ensure the consistency of Distributed Accounting System of bitcoin network. Bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network will get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as a reward to reward the person who gets the answer
most countries do not recognize bitcoin as a real currency, and the price of bitcoin fluctuates under the influence of national policies, because the fatal weakness of bitcoin is that with the cryptocurrency exchange, black money easily has a legal source. Money laundering is abhorred by all countries. What kind of behavior needs money laundering? Drug trafficking, smuggling, fraud, corruption, bribery and tax evasion. Also easy to make capital flight, also known as asset transfer. If a businessman wants to immigrate and convert all his assets into US dollars, he needs to go through the State Administration of foreign exchange. Now the foreign exchange control is strict, and 50000 yuan has to go through the process of filing. The state will never give a large amount of foreign exchange to indivials. With bitcoin, it's different. It doesn't need to go through the safe. Among other risks, e to the lack of regulation, cryptocurrency & lt; It may cause irreparable losses to all parties in the transaction;. Payment may & lt; This includes factors that may undermine people's confidence in the methods and tools currently used in payments
On April 18, cryptocurrency fell into a collective dive. Most cryptocurrencies fell by double digits, more than 10%. The market's confidence in cryptocurrency declined and the panic intensified{ RRRRR}
many people invest in bitcoin and other cryptocurrencies, and their main purpose is to make money. At present, many people are still very confident in bitcoin, but we must invest rationally, use the law of financial cycle reasonably, and rece our losses. Remember to invest blindly and stick to your head. In the end, you will be injured by yourself