Can FIV blockchain be invested

1. Most people don't know what a blockchain is

compared with traditional stocks, real estate, bonds, gold, etc., blockchain assets are a very abstract and virtual form of assets. Blockchain assets represented by bitcoin are a very specialized computer language and program running mode, There is no credit endorsement from any country behind it, nor does any enterprise give it securitization income, which completely depends on the mutual consensus trust between strangers. In this case, although the operation logic of decentralization has been completed, its experiment is only in the initial stage and development stage, and participating in relevant investment is actually a kind of brave adventurer behavior

2. The price of blockchain assets fluctuates violently

because there is not much support from the use level of entities, many blockchain projects are completely dependent on community operation and market speculation, so it is difficult for investors to hold blockchain assets from the perspective of value investment, which leads to frequent capital flow, and the situation of price fluctuations has become a normal. A blockchain related token can soar by 500% in a day, or fall by 90% in a few hours. This kind of drastic price fluctuation is not affordable to ordinary investors

3. The uncertainty of national policies is too great

as an underlying technology, blockchain has basically accepted its value all over the world. However, as the "companion proct" of blockchain, there are still great disputes on national policies, and with the continuous increase of digital currency trading volume, the impact on the global financial market is also increasing. At present, the daily trading volume of the whole digital currency field exceeds US $60 billion, which is comparable to the trading volume of China's Shanghai and Shenzhen stock exchanges, or the average daily trading volume of the New York Stock Exchange. It is impossible to continue to operate outside the supervision. There is a very large regulatory game cycle, and the policies of various countries in this regard may be introced one after another, The impact on the market cannot be ignored

4. All kinds of blockchain projects are good and bad

blockchain technology is originally a very basic architecture technology. At present, e to the global pursuit of funds, many project parties who have nothing to do with blockchain begin to use the concept of blockchain to design procts, And can complete the writing of the white paper of blockchain in a very short time, and then raise market funds. In this case, the technical threshold of the whole blockchain has been lowered. Many companies without the strength and willingness of blockchain development have developed the concept of blockchain purely to obtain financial support, resulting in the flooding of projects. The gap between projects is widening, but ordinary investors are difficult to identify and easy to fall into the trap

5. Currency speculation is not equal to blockchain investment

at present, there are many views that blockchain and digital currency are a whole. You can't develop blockchain technology while suppressing digital currency. I agree with this logic, but currency speculation is not the same as blockchain investment in the real sense. The thing with real investment value must be the thing with scarce supply. If any digital currency is issued, it can represent the application value of the blockchain and bring some innovation to the society. Then any blockchain technology team that can issue digital currency can issue dozens of digital currencies and change its name in a very short time. Therefore, digital currency itself has little logical relationship with blockchain assets. Blockchain projects must be a market with obvious scarcity, but digital currency does not have great scarcity. This is like saying that any Internet company can develop a chat software similar to wechat, but the chat software itself does not have much value. The real value lies in how many people participate in the chat software. Digital money is just a chat software. The current situation is that everyone is frying the software, and few people are concerned about what is on the software. p>

6. Short term overheating, easy to be used by lawless elements

the particularity of the blockchain instry is that many of the ecology has become very financial, in the whole process of operation, capital will be very concentrated, and most of the links are related to capital. From raising funds by ICO to sending tokens to investors, to online trading of exchanges, and trading of tokens by users in exchanges, the whole process is almost full of financialization. If the practitioners are not professional enough, have no self-discipline ability, and lack of supervision, then every link may be used by criminals to manipulate the market, Obtain all kinds of illegal income

8. The threat of quantum computer

blockchain generates a set of self-motivated system to ensure that it can run on its own under decentralized conditions. Most of them use asymmetric encryption, and use the corresponding public key to verify the transactions signed by the private key, so as to ensure that bitcoin and other blockchain assets can only be used by legitimate owners. But quantum computer can solve the problem of asymmetric encryption. Quantum computer can calculate the private key from the public key in a few minutes. After knowing all the private keys, people with quantum computer can spend bitcoin and other digital currency at will. Of course, when the quantum computer will come out is also a problem. The digital currency protocol is constantly adding new encryption standards, but the potential threat brought by the quantum computer has to attract the attention of investors

9. There is a possibility of a big reversal in the supply and demand level

the market value of the blockchain token market has hovered around us $trillion. Although OTC funds are still pouring in, the stability and growth rate of the capital inflow are questionable. The supply of encrypted digital currency is a very embarrassing thing. From the perspective of a single digital currency, the total amount is strictly limited. For example, there are only 21 million bitcoins, but the threshold of issuing encrypted digital currency is getting lower and lower. Anyone and any organization can issue encrypted digital currency anytime and anywhere, and the supply is almost unlimited. On the other hand, the increasing transaction cost is restraining the demand side. At present, investors in the transaction link need to pay the transaction fees in the exchange, and also pay the miners' fees when transferring money. If countries begin to tax digital currency transactions in the future, it means that this market will have to bear more operating costs without generating its own profitability, If coupled with the increasing supply level, the overall market supply and demand expectations may reverse in a moment

10. Lack of legal protection for blockchain assets

it is not uncommon that global digital currency exchanges have been "hacked", and in the process of all kinds of over-the-counter and on-the-spot transactions, fraud also occurs from time to time, and the legal protection for investors is very limited. Especially for domestic investors, once they are stolen or cheated because of trading digital currency, it is almost difficult to recover effectively. Due to the lack of intermediary guarantee from banks and other levels, the security of digital currency is entirely under their own responsibility. Although this is in line with the logic of self preservation of private property, it also brings greater uncertainty to the storage and transaction of digital currency assets. Before there is no complete legal system to protect the rights and interests of personal digital currency assets, the legal security of investment in blockchain related assets is a very serious problem

The first is the equipment level

the equipment level of adverse water cold is from low to high: white yellow green blue red purple orange

the equipment parts that belong to attack category are: weapons, necklaces, rings, bracelets

the equipment parts that belong to defense category are: helmets, clothes, shoes, belts, hand protectors Wristbands

among them, bracelets, necklaces and wristbands cannot be strengthened

[relationship between the number of equipment entries and grade]

Blue equipment can have 2-4 entries

Red equipment can have 3-5 entries

purple equipment can have 4-6 entries

Law of heavy section of equipment 1 [Law of heavy section of equipment parts]

equipment heavy forging of two identical parts, 100% get the same part

Ring + ring = ring

two different parts of equipment re forging, The two parts are 50%

knife + shoes = 50% knife / 50% shoes

Law of heavy section of equipment 2 [rule of heavy section of number of entries]

number of entries: depending on the quality of two heavy section equipment

purple + purple (heavy section): number of entries = 4-6

Red + Red (heavy section): number of entries = 3-5

Blue + blue (heavy section): number of entries = 2-4

Red + purple (heavy section) : number of entries = 3-6

Blue + purple (heavy segment): number of entries = 3-5

Blue + Red (heavy segment): number of entries = 2-5

Law of heavy segment of equipment 3 [Law of heavy segment of equipment level]

level 60 + level 60 (heavy forging) = level 60

level 50 + level 60 (heavy segment) = probability level 50 / low probability level 60

two pieces of equipment differ by more than 12 levels, The level of the newly synthesized equipment will be higher than that of the original low-level equipment and lower than that of the original high-level equipment; You can use this method to upgrade the equipment level

Law of heavy section of equipment 4 [Law of heavy section of equipment quality]

Red + Red = red

Red + Purple = probable rate red / small probability purple

Red + blue = probable rate Blue / small probability red

purple + blue = red

Blue + refined purple = red / common Purple / minimum probability refined purple

popular science of concept

[washing entry]

suppose that equipment a has entry 1 + entry 2, and equipment B has entry 3 + entry 4, Equipment a + equipment B will become equipment C (the entry of equipment C will become a random combination of entry 1 to entry 4)

[control variable method to wash equipment]

if entry 1 of equipment a is what we want, entry 2 is what we don't want; If we want entry 3, we need to find a piece of equipment (dog food) with the same part, the same level and the same level of entry 3 to match with the equipment a; There is a chance to synthesize a piece of equipment with both entry 1 and entry 3

control other variables unchanged, only change the entry, then wash the entry; Similarly, control other variables unchanged, only change the level, it is called wash level

entry washing case:

Recently, the term blockchain has been used frequently in various venture capital activities. Many investors have a premonition that the wind is coming and want to do some track layout in advance, but they don't want to pay tuition blindly. When talking about blockchain with many institutional investors, the basic answer is to look at it. The general feeling is that there are too few projects and the appraisal is too high. The key is not to understand