Is bitcoin safe for investment and trading
on September 15, 2017, huoyuan.com announced that registration and RMB recharge services will be suspended from now on, and all users will be informed before September 30 that they will stop trading. At the same time, all transactions of digital assets against RMB will be graally stopped before October 31
hotcoin.com said that it would stop trading virtual currency on October 31, 2017. In the future, the main layout of fire coin network is overseas transactions
warm tips: the above information is for reference only and does not represent any suggestions
response time: January 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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Bitcoin is a kind of encrypted digital asset protected by cryptography, without the participation of centralized institutions. It has been running steadily since 2009 and has become one of the important investment targets of global investors. Many investors are very interested in bitcoin investment. The entry process of bitcoin and some investment procts is slightly different. The address of bitcoin blockchain is decentralized, so there is no account opening step. However, purchasing Mai bitcoin with bitcoin requires the assistance of some third-party platforms
at present, there are relatively large platforms in China, such as okex, fire coin and coin security. I have been in and out of money for many times in these platforms. Let's introce my experience of buying Mai bitcoin in these exchanges.
before the introction, I need to explain one premise: the security of Mai bitcoin is divided into two aspects: one is asset security, which basically won't cause any problems when I choose the three major domestic exchanges; the other is capital security, in other words, Is to rece as much as possible with the flow of black money bank card transactions. Because it's easy to freeze their bank cards, each exchange has a different strategy
1、OKEx: https://www.okex.me/buy-crypto/cny
okex is the exchange that I use the most Mai currency. I have been in okexmai currency since 18 years. Most of the time, I have had a good experience of Mai currency. I only encountered the problem of freezing okex account (not bank card freezing) once in my impression. However, OK customer service also helped me understand the freezing process very quickly. This is my first contact with OK customer service, Good attitude and high efficiency< it can be seen from the side that okex has done a lot of work in the prevention and control of black money. Moreover, in recent years, there are few card freezing incidents in okex. Today, the black money in the exchange is increasingly rampant, okex has done quite well
in terms of user experience, the function of one click Mai is more suitable for Xiao. When using this function, you don't need to select the businesses that meet the standard in the list of businesses. It's more convenient. At present, when you do activities, you will get a 20 yuan reward when you buy Mai for the first time
in addition, okex is a first-line exchange with a large user base. Mai currency supports wechat, and ZFB buys Mai with zero handling charge. If you've just come into contact with bitcoin, it's a quick and safe choice in okexmai
However, the weakness is that okex has little support for foreign currencies. Except for RMB, only the Vietnamese Dong and Indian Rupee have depth. The Mai currency entrance of other countries' currencies is only the interface of other cooperation platforms2 https://www.huobi.com/zh-cn/
the exchange's legal currency trading plate is deep enough, and there are many powerful businesses with good experience. Support the purchase of Mai bitcoin with multi currency. In addition, the process of making Mai coins is relatively smooth and can be completed in a few minutes
however, e to the good user experience of fire coin, black and gray procts will also choose fire coin as a channel for money laundering. fire coin has been updating its risk control strategy to intercept black money accounts. However, at present, it seems that the effect may not be so good, and the freezing card incident continues. Friends who pay close attention to the digital money market may understand that a large-scale freeze occurred in early June, and many users' bank cards were frozen. Therefore, we should be a little more cautious when using Mai coins on this platform, try to choose the ranked merchants, and rece the probability of being frozen.
3 https://www.binance.com/cn
the trading plate of currency security legal currency started late, and the accumulation was not enough. Frankly speaking, the depth and experience of legal currency trading is quite different from that of okex and fire currency< Strong>, especially the t+1 strategy of currency, which is Mai currency, will make complaints about money in a day. This system has been thrown into the trap by too many people, because this is obviously a "one size fits all" strategy with insufficient technical capability.
however, even if there are many slots, coin an is slightly better than the second and third tier exchanges in terms of asset security. Users who trade in coin an can also try to buy Mai bitcoin in coin an
finally, based on the above factors, it is suggested that okex is the first choice for Mai bitcoin, fire coin is the second choice, and coin security is not recommended strong>
high acquisition cost
at present, if investors want to obtain bitcoin through the "mining" channel, the cost is already very high. As the amount of bitcoin on hand is proportional to the complexity of the algorithm, the number of people involved in mining is also proportional to the complexity of the algorithm. It is impossible to use ordinary home computers to "mine". At present, the market price of high configuration professional "mining machine" has reached 300000 yuan. Through the online trading platform, the current market is as high as 1 bitcoin to 122.49 US dollars
to consider whether the political environment has enough support
as a decentralized virtual currency, whether bitcoin can be recognized by governments is very critical. Due to the lack of supervision, bitcoin is easy to become a channel for money laundering, bribery and asset transfer. More importantly, bitcoin lacks strong credit support in essence. As a currency, it lacks both the commodity function behind the gold standard and the mandatory guarantee of credit currency. When the market value of bitcoin continues to rise and has a certain impact on the real currency, governments may declare it illegal. In mid May, the US Department of Homeland Security froze two bank accounts owned by Mt. GOx, the world's largest bitcoin exchange. This is a systemic risk that must be considered
Technical Security
the design algorithm of bitcoin is relatively safe at present, but each online trading platform is not without loopholes. With the rising market value, bitcoin has become the target of network hackers. Users' bitcoin is stolen and bitcoin trading center is attacked by hackers frequently, which will bring unknown fluctuations to the trend of bitcoin
what is the appreciation space of bitcoin?
money supply should keep pace with economic development. From the design principle of bitcoin, the supply speed of bitcoin is determined by algorithm, and has nothing to do with market demand and economic development. Although bitcoin eliminates inflation in theory, its relative lack of total amount and no secondary currency is the biggest weakness. Bitcoin is more likely to bring deflation than gold standard. Deflation is just as harmful as inflation, which directly deviates from the liquidity nature of money and is destined to have a very limited audience
the best time to enter the market may have passed
from the perspective of market trend, bitcoin began to rocket up this year from the initial exchange rate of 1 US dollar to 1309.03 bitcoin, reaching the highest record of 266 US dollars to 1 bitcoin in April this year. This is because, according to the algorithm, the supply of bitcoin is halved every four years, which is exactly the beginning of the new four years from this year. The time point at which supply is halved is certainly a sensitive time window
investors should have a strong enough heart
bitcoin trading has a high risk, it does not have the same limit as the stock market, and trading is open 24 hours a day. Due to the small number of chips, the price of bitcoin is easily controlled by the makers. It is possible that the price of bitcoin will rise several times a day. At the same time, it is possible to wake up and find that most of the assets are lost
it's very clear on the line floor
if you don't take a taxi for more than 20 yuan,
there are many black cars in the railway station
it's the same price
then you can get off at the West bus station without going to the ticket office
you can see the ticket office outside < B R / >
it's convenient to take a 10 minute bus to Hengshan.
have a good time ~!
