Bitcoin stop loss
it refers to that in the transaction of financial procts or financial derivatives, investors preset a stop loss order, and when the market price reaches the trigger price set by the trader, the open position will be automatically cleared; To put it simply, it is the order formed by executing the stop loss order
in real trading, investors usually execute psychological stop loss price, and do not often issue stop loss orders in the system (on the one hand, there are not many stop loss orders in China's futures trading market software, on the other hand, there are problems of operating habits). For example, after the comprehensive research of technical analysis and judgment and other aspects, we believe that if the yellow soybean No. 1 contract falls below 3800, it will fall even lower, or feel that when it falls below 3800, the possibility of rising back is too small. At this time, investors will execute the stop loss order and form a stop loss order.
stop loss after the end of February 2020, the bitcoin market will graally form a symmetrical triangle. This is a common finishing form in technical analysis. The upper limit is downward inclined line and the lower limit is upward inclined line if the price goes up and breaks through the resistance line, it is a bullish signal; On the contrary, if the price falls below the support line, it is a bearish signal. After the price of bitcoin broke through the support line at the end of February, it actually indicated that the bitcoin market entered a downward trend at present, bitcoin has entered the downward channel. If bitcoin investors still hold the expectation that "half market price will bring bitcoin price rise", they will face greater market risk in the future and should stop loss in time extended data: bitcoin generation: in addition to packaging the received transaction information into data blocks, each data block will be allowed to issue a certain number of new bitcoins to motivate the miners who successfully discover data blocks. The bitcoin system determines the number of bitcoins to be issued according to the predetermined rhythm of additional currency issuance. If there is a service charge for other payment transactions, the miner will also receive a service charge since the miner can decide whether to package a transaction data into a data block, the miner may give priority to the transaction with higher handling charge. The block generation rate is expected to be one every 10 minutes, but the number of new bitcoins issued in each block cannot exceed 50, and this number will be halved every four years, so the total number of bitcoins will not exceed 21 million with the decline of the number of new bitcoin issues, handling charges will become the main motivation for mining. And that number is halved every four years. Users who put their computer resources into bitcoin mining activities in the earlier period are much easier to get bitcoin than miners who joined later the main reason for this design is to ensure that in the early development stage of bitcoin, enough computing power can be attracted to process data blocks. In fact, if no one digs, the initial trading activities of bitcoin will not be handled, and the bitcoin economy will stop in December 2012, the number of bitcoins was halved for the first time, which should be around July 16, 2016. At present, more than 15 million bitcoins have been g up. Because the total amount of bitcoin is limited, and the loss in circulation, bitcoin is a deflationary currency, and the current global market price is about 4.5 billion US dollars as for the fixed total amount, bitcoin has a lot of room for appreciation. If everyone uses bitcoin, the consequences can be imagined simply speaking, the generation of bitcoin is that the designer uses the concept of human digging for gold, uses a specific algorithm, calculates through the computing power of the computer, and obtains bitcoin. This method is also called "mining" on the Internet in order to maintain the normal operation of the system permanently, "miner" will also receive a certain amount of handling fee when receiving the transaction confirmation information, and "miner" can also freely choose the transaction with high transaction fee to package. At present, the global computing power has reached 1000p
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users can go to the "trading center" and select "stop profit and stop loss entrustment" in the "entrustment type" to carry out both stop profit and stop loss entrustment. After one entrustment is triggered, another entrustment will be automatically revoked
about stop profit and stop loss entrustment
stop profit and stop loss entrustment refers to pre setting stop profit trigger price and stop profit entrustment price, stop loss trigger price and stop loss entrustment price. When the latest transaction price reaches a certain trigger price, it will be sent to the market according to the corresponding commission price
case 1:
an investor bought 10 BTCs at $2800. The investor believes that $3000 is an important resistance level, so when the price rises to $3000, the 10 BTCs can be sold to stop profit. And the investor also thinks that 2750 is an important support level, so when the price falls below 2750, it needs to sell the 10 BTC stop loss. When the latest market price reaches 2750, the stop loss order will be triggered, and the system will send it into the market according to the pre-set order (selling 10 BTCs at 2745 US dollars).
In the past 24 hours, more than 110000 people in bitcoin have burst their positions, and 5.8 billion funds have been swallowed. In fact, I think the team is cutting leeks. In fact, the decline of bitcoin can be met in advance, and nothing can prosper all the time, So for most people, they still need to maintain a rational attitude to buy some funds or stocks and bonds. If it becomes a state of large-scale loss, then their money will be tied up, which is certainly not very good for them. Our attitude towards bitcoin is that it will not decline, it will only rise, So most people may not consider this situation and put all their money into it, but in such a situation, if the institutions withdraw their funds, they will inevitably face a lot of capital losses of retail investors
however, in the face of such a situation, we must understand that not all such things can have an answer, such as this kind of irregular things. As an ordinary investor, if we want to buy opportunistically, we may have to bear a greater risk, but in the face of the relative institutional investment, They may take less risk, because the risk they need to take is actually created by them. For most institutions, if they want to go up in the last stock, the probability of the stock's rise may be much greater than the probability of its decline. As for bitcoin, more than 110000 people burst their positions in the past 24 hours and 5.8 billion funds were swallowed, losing money in succession, in fact, I think the team is cutting leeks
unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million.