Is virtual currency worth investing in

1. Investment should be cautious, please study carefully before deciding
virtual currency is a currency that can buy goods and services in a specific community in a virtual space. It has the monetary function of medium of exchange and unit of account
virtual currency can be roughly divided into three categories
the first category
has nothing to do with real currency, and can only be used in a closed virtual environment, usually online games, such as world of Warcraft
the second type of one-way exchange can only be used in a virtual environment, and sometimes physical goods and services can be purchased, such as frequent flyer award program, microsoft points, Nintendo points, Facebook credits and Amazon coin
the third type of two-way exchange, which has a buying price and a selling price, is the same as "real" currency, including those issued by issuers, such as second life Linden coin, two-way exchangeable game currency, etc., as well as decentralized cryptocurrencies, such as bitcoin, Leyte coin, Ethereum, etc; Virtual currency & quot; But cryptocurrency is only one of the subcategories of virtual currency.

2. This is a virtual currency set by private companies,
it is not legally recognized and protected in China,
the state has the authority to seal up the website at any time,
it is recommended not to invest to avoid property losses.

3. No one has potential and no one is worthy of investment
the reason is very simple. Many countries recognize virtual currency as an asset, but no country will recognize virtual currency as a legal currency. Since it is only an asset and a relatively risky asset, speculation is naturally greater than investment, Rational investors don't invest in virtual currency. If you want to speculate, you should try your best

4. According to the degree of personal hobbies and economic ability, this is virtual in itself. No matter how much investment is made, it is also to satisfy personal hobbies. If the economic ability is not good, don't invest. It's unrealistic for you to work hard to make money and invest in virtual games. Don't you think it's naive? Rich players who invest a lot know that they are virtual; I also spend money, but people don't care about the money. It's entertainment. I'm an old CF player, but I invest very little. It's useless to spend more than ten yuan every now and then. It's just a game. Business entertainment is optional. It's different from normal living expenses

5. A recent article can answer your question: "big data reveals the reasons for the sharp rise of competitive currencies": Recently, competitive currencies have risen quite high. Basically, every competitive currency on the platform has a cumulative increase of nearly 50%. People can't help wondering whether spring is coming so soon? In fact, it's better to ask for help than to ask for help. You can know whether it's worth investing by investigating the market share of each virtual currency, the change of deposit amount of each currency, the change of position number of each currency, the proportion of top 10 position currency, the change of top 10 position currency, and the proportion of total position number of each currency in output.

6. What is the impact of a stronger US dollar exchange rate on a digital currency? It has no influence on digital currency, because many countries do not recognize the function of digital currency.

7. It's hard to say. Different people have different opinions. But I can simply talk about the value of bitcoin

bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source

bitcoin home has more analysis.

8. There are risks in investment. It's not impossible to give it a try.