Is it suitable to buy virtual currency now

1. In the long run, the price of bitcoin is still low. With the increasing demand of bitcoin in the mainstream society and the limited total amount, its price will be higher and higher. Therefore, it is suggested to invest a little spare money. Maybe it will be a sum of money that can provide for the aged when you retire. Buying bitcoin is also very convenient, as long as you choose a regular big exchange. Never go to a small exchange. It's easy to go out of business in a bear market. At present, domestic users mainly use okex exchange, and the reputation and security are recognized by insiders.

2.

I can't buy it

the price of bitcoin rises and falls suddenly, which is very similar to the stock in the game Monopoly 4 played when I was a child, but I don't recommend you to buy it

The reasons are as follows: when we make any important financial decision, we must distinguish between investment and speculation it's just like sleeping, whether you sleep with your girlfriend or with your girlfriend's best friend is a matter of two natures

some inconvenient words are written in the public micro signal "Wu Handi ID:whdkad" (WeChat ID:whdkad), the official account replied "useful" with surprise. strong>

4.

Radar currency is a kind of virtual currency, which does not have the value of real currency and has high risk, so it should not be invested

in 2017, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the risks of token issuance and financing, which clearly pointed out that the token or "virtual currency" used in token issuance and financing is not issued by the monetary authority, has no monetary attributes such as legal compensation and mandatory, and does not have the same legal status as currency, It cannot and should not be used as currency in the market

at the same time, the announcement also pointed out that illegal selling and circulation, raising so-called "virtual currency" from investors, such as bitcoin and Ethernet, is essentially an unauthorized illegal public financing behavior, which is suspected of illegal selling token bills, issuing securities, illegal fund-raising, financial fraud, pyramid selling and other illegal criminal activities

extended materials

the value of real currency or something with monetary attribute is guaranteed from two aspects: one is the strong state power guarantee and endorsement, the other is the general public use and irreplaceable. Therefore, virtual currency is obviously not real currency<

after the regulatory authorities have made clear their attitude, although bitcoin China, huocoin.com and other "virtual currency" operators have successively taken restrictive measures on the trading platform, the risk of "virtual currency" speculation still deserves high vigilance

in response, the China Internet Finance Association also said in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other criminal activities

investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves

5. There are no transaction fees. Domestic trading platforms, led by Huo coin, have removed transaction fees one by one, but for example, if you withdraw cash or play leverage, there will be relevant fees.

6. Blockchain is a cloud server. In essence, it should serve the real economy and rece the technology cost of enterprises
the issue of currency and the economic system are not things we are considering now.

7. Now all exchanges can trade. Recently I saw an exchange called idax established in Mongolia. It looks very good.