Virtual currency shorting quilt cover
bitcoin (bitcoin: bitcoin) was originally a kind of network virtual currency, similar to Tencent's q-coin, but it has been able to buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan.
Token Network Forum provides: if you want to short, you also need to have the corresponding capital. At present, as a new player, it is difficult to buy a large number of bitcoin. And because most people are in the holding state, it is difficult to make bitcoin circulate with each other
buy a lot of bitcoin and let it continue to buy high and sell low. If you can hold on, bitcoin may be short
as long as you can continue to spread the shortcomings of bitcoin and rece the number of people who hold bitcoin, it will basically affect the operation of the exchange. If bitcoin can't be traded in circulation, there will be only some learning
the principle of bitcoin shorting:
this shorting is to convert your money into more bitcoins. However, in order to make money, after you get more bitcoins, you can only make money if bitcoin rises. Like China's stock market, there is a reason to increase positions when it falls. But what I want to tell you is that short selling can't make money
different from the short principle of spot market, the short principle of spot market can make money when it falls, and the position in hand is unchanged. But bitcoin changes your position. In the same way, China's stock market falls more and more, sharing the cost of building positions equally, and then waiting to rise
after understanding the principle of bitcoin shorting, we get the answer: in short, this kind of shorting is actually false
short is an investment term such as stock futures: for example, when you expect a stock to fall in the future, you can sell the stock you own when the current price is high, and then buy when the stock price falls to a certain extent, so that the price difference is your profit. Short selling refers to the expectation that the future market will fall, sell the stocks according to the current price, buy them after the market falls, and make profit. It is characterized by the trading behavior of selling before buying
2. The explanation for shorting RMB is as follows:
there are three kinds of RMB futures contracts that can be traded. One for CME, one for SGX and one for HKF (in fact, SGX is two, one for RMB against US dollar and one for us dollar against offshore RMB, which does not affect understanding); The rise and discount structure of these three varieties is not concive to short RMB; Spot trading of RMB also exists overseas, but the offshore market is often attacked by the central bank, which has been common since last year.
in recent years, the price of bitcoin and other digital currencies has been soaring, but it has been cut off suddenly recently. The central bank's move to three domestic bitcoin trading platforms has exacerbated the collapse of bitcoin and other digital currencies
however, the application of digital currency in China has never been interrupted. Yinying China is the first to introce digital currency into crowdfunding, so that the digital currency has the support of real assets.