Why is BTC horizontal
bitcoin is a fraud, so we must be cautious in investment and financial management
even if it is called "hard currency", the price of gold will not only rise but not fall. There is no bubble in gold, but the price is too high, there is a bubble, and the bubble will eventually burst, such as virtual currency such as bitcoin. The more general virtual currencies, the closer bitcoin's value is to zero
this kind of currency, which is a purely calculated digital symbol, has no asset support, no financial revenue and expenditure, no cash reserve and no use value. It is only a circulation symbol. Once it loses its credit guarantee, it is a pile of beautiful printed waste paper. Investors should be alert that there is no so-called safe investment in this world, and all investments are risky
the people's Bank of China and other departments issued a document to severely punish the above-mentioned behaviors, making it clear that token trading is not protected by law. With some virtual currency trading platforms turning to overseas, speculative money speculation has also turned to "underground". In the face of continuous renovation, on the basis of continuous strict supervision, government departments should constantly upgrade the means and ability of supervision, and continue to increase publicity and crackdown on popular science, so as to avoid the masses being deceived
extended information:
investing in virtual currency is more of a kind of speculation. Investors should strengthen their risk prevention awareness and identification ability. Without confirming the identity of the other party, they should not be involved in money transactions, trust low-risk and high return investment procts, especially not join the investment and financing group without verification, These are often well-designed traps by telecommunication network fraudsters
it's better to purchase the investment and financial management accompanied by the children, and learn from the official and authoritative channels, and report to the police in time when they are found to be cheated. Properly protect all kinds of account password, identity information, etc., don't tell others easily. Any reference to the need for transfer and remittance should arouse high vigilance and consult with trusted acquaintances
reference source: people's.com - uncover the crazy bitcoin: new Ponzi scheme of 800 yuan each<
People's website - three men set up bitcoin scam and made a profit of more than 150000 yuan and were sentenced
People's website - People's website comments on "analytic blockchain" part 3: how to avoid getting away from the real to the virtual
There are many reasons for bitcoin's collapse. I think it is mainly because it has no government policy support, the conflict between cash bitcoin and virtual bitcoin, and the decline of public confidence in it. First of all, bitcoin is not supported by the government. It is not protected by relevant government policies. In China, the protection of the government is a big protective film. With policy protection, the impact of this slump will be minimized, and the government will share part of the pressure{ RRRRR}
in any case, there are a lot of reasons for bitcoin's collapse, and each has its own views
Heavy weight! What kind of information is released behind the people's Daily's re evaluation of special currency
April 18, 2018
as the wind vane of policy, people's Daily has a self-evident influence on all walks of life. On April 16, people's Daily published a comment on bitcoin and other digital currencies, to the effect that it is difficult to ban digital currencies completely, and landing payment should be opened. For a time, it triggered a big discussion on policy risk in the currency circle. Why did people's daily comment on bitcoin again? Does this mean that China will lift the ban on bitcoin? Today, I'd like to analyze the information hidden behind the people's daily article
therefore, it is boldly predicted that there can only be one form of bitcoin and blockchain enterprises in the future, that is, the form of Instrial Park supported by the state. As the saying goes, bitcoin is not a good blockchain if it does not solve the employment rate. At present, the whole market is not mature, and the state will not prohibit OTC trading for the time being. However, with the increasing economic risks, the supervision of the currency people will be more and more strict
I think some people might give up. But on the whole, I won't give up. How far can bitcoin go? It's hard to say. There are too many unknowns. You have invested in so many costs. Although you can stop losses in time if you give up now, some small investors may give up, but it is impossible for large investors. Because stop loss can't stop that much. In addition, although bitcoin has plummeted, the confidence of the masses in it has not completely collapsed. After all, bitcoin was very brilliant at that time. After the crash, many people believe it will rebound{ RRRRR}
I feel that bitcoin has a long way to go. The future market is full of uncertainty. How can bitcoin survive and go further. We need to think it over
Bitcoin investment is inherently risky. It's like gambling. There are losers and winners. When it goes up, it's a sudden wealth. When it goes down, it's a poison that will kill you. To put it bluntly, in terms of real bitcoin investment, the real money makers are the big guys. At the peak of bitcoin's boom, the big guys had fierce eyes, cashed in in time and made a lot of money. At that time, those without cash out were cold. This kind of gambling like way, you can't blame others for your loss. There are risks in investment, so we should be cautious when entering the market{ RRR} anyway, I dare not touch this thing, our IQ is limited. We can't play with this stuff. I'm afraid I'll have a party on the rooftop. Be careful
from the moment bitcoin proced value to the sky high price of nearly $20000 gold, bitcoin rose by tens of thousands of times ring this period, which also created a lot of people's freedom of wealth. Most investors love and hate bitcoin. They love speculative property, and they have no limit to the rise and fall. They hate to be unable to analyze the market and make profits in the market
so why is it still suitable to buy bitcoin in 2020
1. The third proction rection
in May, bitcoin reced its proction for the third time. Under the hype of the proction rection market, the third proction rection of bitcoin brought confidence to most investors in the market, but the price did not change significantly
judging from the market, bitcoin is leading the rise of other financial procts under the same conditions. It dropped to $3800 in March, and then rose all the way to about $10000, walking out of the V-shaped reversal
the V-shaped reversal is not easy. After all, the previous market had to be sorted out for several months before going up. This also illustrates the purchasing power of bitcoin in the market
moreover, after halving, the amount of bitcoin g up by the miners has graally decreased. In addition to the lost bitcoin, there are not many bitcoins in circulation in the market, and the bitcoin market is a market brought about by demand. With many external factors, many investors want to use bitcoin for risk hedging, and the liquidity of the market is expanding step by step<
2. Institutions bought a lot
after halving, gray alone increased its holdings of 18910 bitcoins, while after halving, the miners only mined 12337 bitcoins, indicating that the number of gray holdings increased was 150% of the total mining amount of miners in the same period
in addition to institutions, some celebrities have also publicly expressed their desire to buy bitcoin. For example, the author of "poor dad, rich dad" tweeted the reason why he wanted to invest in bitcoin. Before that, he repeatedly said that with the continuous release of water from the Federal Reserve, bitcoin may become a good hedging tool to deal with the current financial crisis
with the entry of specialized institutional teams, bitcoin has been known by more and more people, and its value has also been understood by more and more people< 3. Bitcoin leads the global financial asset growth
the secondary market of bitcoin is huge, with the number of new addresses and active addresses increasing every day. There are many people who know about bitcoin but don't enter the market
the massive entry of foreign institutions leads to the concentration of some chips. In this process, it is not only the transfer of chips, but also the transfer of price rights.