Trend forecast of Ethereum on September 8, 2020
although the price of Ethereum continues to decline, there are still many investment opportunities. Nowadays, many people invest in Ethereum through virtual currency trading in the realm Kingdom, which is not affected by the rise and fall of prices, but also can invest less money in the shortest time to obtain more income.
Ethereum is likely to rise to 10000 in 2021
institutional investors and big capital are increasingly interested in cryptocurrency. The attention of all whales, and the attention of all the public, is focused on bitcoin. Since the global health and safety incident triggered the market crash in March 2020, the growth of eth has reached 1200%
while BTC only increased by 700%. Of course, in the context of bitcoin's record high price of 40000, Ethereum's rise to $1400 does not seem so impressive. In addition, the market value of eth is five times the trading volume of BTC market
extended information:
the increase of Ethereum is as follows:
the transaction volume recorded on Ethereum blockchain exceeds US $1 trillion. These figures exceed the transaction volume of payment giants such as PayPal, which is used by more than 350 million users and whose average transaction volume is generally less than $200 billion per quarter
each transaction will generate network fees paid by eth. Moreover, as the growth rate of the network is still very high, we can confidently expect the "bull market" trend of eth to continue. In any case, interest in cryptocurrency is growing, as are the number of active wallets, the number of transactions on the Internet, and the average size of transactions
ring this period, the return comparison between holding spot and ETF fund is as follows:
1. Holding spot makes 4 times of profit
2. Holding Ethereum ETF fund makes 12 times of profit, Up to 30 times (intelligent position adjustment + fund compound interest calculation)
there is no doubt that the Ethereum ETF launched by bitoffer is the best investment choice!
Due to the global impact of the epidemic, the gold trend is expected to decline in the second half of 2020
gold is the elemental form of chemical element gold, which is a kind of soft, golden yellow and corrosion-resistant precious metal. Gold is one of the rarer, more precious and highly valued metals. In the world, gold is usually measured in ounces. In ancient China, it was measured in ounces, which is a very important metal. It is not only a special currency for reserve and investment, but also an important material for jewelry instry, electronic instry, modern communication, aerospace instry and other sectors
the chemical symbol of gold is Au, and the financial English code is XAU or gold. The name of Au comes from a story of Aurora, the goddess of dawn in Roman mythology, which means the shining dawn. On September 6, 2011, the price of gold reached an all-time high of US $1922 / oz
before the 19th century, the level of gold proctivity in human society was very low. Some people think that in the history of thousands of years before the 19th century, the total amount of gold proced by human beings was less than 10000 tons, for example, only 200 tons of gold was proced in the 100 years of the 18th century
e to the discovery of a series of gold resources in the 19th century, the gold proction has been greatly improved since then, especially in the latter half of the 19th century, the gold proction exceeded the total amount of the previous 5000 years. In 2013, the total output of gold in the world was about 2770 tons
according to the statistical data recently released by the China Gold Association, in the first half of 2015, the national gold output reached 228.735 tons, an increase of 17.662 tons over the same period of 2014, an increase of 8.37% over the same period of 2014. Among them, 191.689 tons of gold and 37.046 tons of non-ferrous by-proct gold were proced
At the same time, China's gold consumption declined. In the first half of 2015, the national gold consumption was 561.35 tons, 8.10 tons less than the same period in 2014, 1.42% lower. Among them, 412.29 tons of gold were used for jewelry manufacturing, a year-on-year decrease of 3.26%, 102.13 tons for gold bars and gold coins, and 46.93 tons for instrial and other gold"China gold instry market outlook and investment strategic planning analysis report" data show that from April 2013 to mid-2015, the international gold price has been in a downturn after a sharp fall. From the perspective of the global economic situation, the growth rate of the world economy may pick up slightly in 2015, but the overall recovery is weak, and it is difficult to make a significant change. The volatility of the international financial market and the commodity market is increasing. Geopolitical and other non economic factors have a great impact, and there are still many uncertain factors
with the strengthening of the US dollar, the prices of gold, nonferrous metals, oil and other bulk commodities were low in 2015, which may become a "new normal" in the next few years