Virtual currency bear market in June
the reliability of digital currency is always landing. The key long-term point of an instry is whether it can be landing. Let's not talk about the key figures of this project, but about the feasibility of this project. There is no project that can be implemented, how high the project party praises, star stations and so on. To return to the original place, the truth is a pit
for example, HNB, the next generation of decentralized blockchain economy, is a reliable project. It relies on the real economy and uses value exchange to continuously create endogenous value. It uses blockchain to build an economy in which everyone can participate and get returns through labor. It no longer relies on currency speculation for income, At the same time, it can help the real economy create new vitality.
By midday, bitcoin had fallen to around $10700. Bitcoin's previous attempt to break through $12000 failed, and yesterday's downward trend continues to this day. As a result, the cryptocurrency market fell, with 90 of the top 100 currencies falling
in the past 24 hours, according to the okex platform, the net outflow amount of bitcoin reached 638 million yuan, and according to the currency security data, the net outflow amount of bitcoin reached 152 million yuan. Although the capital outflow in the past 24 hours is relatively large, it has decreased compared with yesterday's capital outflow, and bitcoin has hit the bottom of US $10600 for many times in the past 24 hours. However, in terms of trading volume, there is strong support in this position. After that, we still need to observe the withdrawal of funds, so as to confirm whether the market goes up or continues to fall below the down. In fact, the so-called "bear market" in the currency circle is more popular than the "three o'clock community" before. In my opinion, I basically dare to assert that there are makers in the currency circle who have successfully harvested a batch of "leeks" by using some financial means or big men. This view may sound like "conspiracy theory" to many people, But I have to admit that speculators are everywhere in the coin circle. Zhu Xiaohu's warning that "I hope you don't stay in history because you reap leeks to earn money with blood" also has a certain basis in my opinion
the craziest time was in December 2017, when bitcoin reached more than 100000 yuan. Before that, people who invested in bitcoin could make a fortune overnight. At the end of 2017, the price dropped to below 40000 yuan, and there was also a correction in 2018
there are two ways to invest in bitcoin
one is to buy bitcoin directly and wait for it to rise, that is, simply buy it low and sell it high. Judging from the historical data and the popularity of blockchain, there is still a lot of room for bitcoin to rise, but the cost of this investment method is relatively low, and the price of bitcoin fluctuates too much, so although the income of buying bitcoin directly is high, But the risk is also great
the other is to "dig" bitcoin with professional equipment. The total amount of bitcoin is 21 million. mining is the only way to get bitcoin, that is, through a professional computer, which is called mining machine in the instry, to get bitcoin through a lot of calculation, and then sell bitcoin to get income. At present, the price of a mining machine is about 10000, Another problem is the cost of electricity. This kind of equipment consumes a lot of power and needs 24-hour uninterrupted operation, so after a long time, the electricity cost is not a small cost
at present, there are many people engaged in mining, mostly in the form of mines, finding cheap electricity for centralized mining to rece costs
every day will generate income, the highest is more than 200. In addition, the fluctuation of the currency price has little impact on the mining, because the bitcoin can be sold at any price. Even if the price of the coin is low, it can be sold after the price rises. Therefore, the investment income is relatively stable, the risk is relatively low, and the current machine price is also low, There is no threshold for investment, so it is a good opportunity for investment
According to the current market, mining income is not high, and even some retail investors have caused losses, but it is difficult to lose money in large-scale professional mines. Mining requires the cost of machinery and equipment and the cost of electricity price. With the decline of bitcoin market, the cost of machinery has been reced again and again, and the electricity price in large mines is also extremely low. Therefore, the income of mining in large mines will be higher than the cost for a long time in the future, and the income will be higher after the price of bitcoin risescompared with self built mines, it has certain advantages to invest in mining machinery trusteeship business. Firstly, the time cost is saved to a certain extent, and the mining business can be started immediately. Secondly, unnecessary expenses, such as labor cost, are saved. Since the custody business concentrates the mining machines of multiple investors in one mine, the labor cost is shared by all investors. Finally, there are cheaper electricity prices. The ultimate goal of hosting enterprises to carry out mining machinery hosting business is to make profits. If they can not get lower than the normal electricity price on the market, it is difficult for hosting enterprises to make profits. Of course, the electricity price given to investors will also be lower than the normal electricity price on the market. Another important advantage is that some trusteeship enterprises are able to cash the virtual currency g up by investors' mining machines directly, which also relieves some investors from the worry that they can't cash the virtual currency
is mining profitable or not? There are several factors affecting the mining income: first, the currency price. The higher the currency price, the more profitable the mining. The second is the difficulty. The slower the difficulty rises, the more profitable the mining will be. The lower the cost, the more profitable the mining. Of course, the cost here refers to the purchasing cost and operating cost of computing power, including labor, network, construction, electricity and so on. The lower the cost, the better. Mining needs to deal with the risk of currency price plummeting, mining difficulty soaring, and mining costs rising. At present, the risk of mining currency speculation is much smaller
now the currency price continues to fall. Some people say that it's better to buy money directly than to buy a miner. In fact, it's not the case. Buying money must bear the risk of currency price falling, and the risk and income coexist, while buying a miner is to "protect the income from drought and flood" and keep the value of money rising; In the absence of rich market experience, the decision to buy money is only the choice of speculators
we saw six big bubbles, one more serious than one, and each was epic. But when you look back, they're like dots on a chart. With every bubble emerging, trading activity soared, which is what we see now.
many investors have heard about the huge profits of early cryptocurrency investment, and they have entered the market to buy cryptocurrency in order to get higher profits. This has driven the valuation of major cryptocurrencies such as bitcoin, Leyte, ethereal and so on to soar
however, recently, the soaring market of the currency circle has ended and replaced by the bear market
just yesterday, bitstamp data showed that bitcoin fell below the $6000 mark, which was broken again after it fell below the $6000 mark at the end of June. In just two weeks, bitcoin has entered a bear market, returning to bear market for the fourth time this year. Compared with the highest level of the year set at the beginning of the year, bitcoin has long been "cut"
recently, ether currency fell by 17%, the biggest one-day drop since March. Ripple, ether and other digital currencies all fell
it is generally believed in the market that the US Securities and Exchange Commission (SEC) delayed the approval of issuing bitcoin ETF is the main reason for this round of slump. As the ETF is the first digital monetary financial proct, the setback on its listing has dealt a huge blow to the market
according to the analysis of Wall Street, if bitcoin and Ethernet become the new mainstream means of financial payment or the underlying foundation of other commercial applications, their prices will naturally drive up. On the contrary, the price downturn of digital currency may last for quite a long time[/ cp]
in 2017, bitcoin and other virtual currencies developed rapidly. Bitcoin broke through $20000 all the way, creating a miracle of digital currency. But recently, bitcoin has dropped more than 70% all the way, and bitcoin and other digital currencies have officially entered a bear market. The total market value of digital currency shrank significantly, and the trading volume also dropped significantly.
Recently, the currency circle has been a bit unstable. The entry of short-term traders has also intensified the market volatility. Under the weak market, the market is cyclical. The best strategy for a bear market, is to select the mainstream currency for mining. For example, ETH, Zex, XmR and so on
I've seen some people leave the bear market, and some people come back after leaving, but there are always people who are mining silently and insist on mining
the HA Yu miner can mine with one click or withdraw cash at any time. When you see the rise of currency price, your income will also rise. This also avoids the tedious steps of converting currency into legal currency after mining, which makes you short of money
take China as an example, because bitcoin transaction is risky and there is no legal basis for its establishment, it should be purchased cautiously
On the evening of September 13, 2017, the China Internet Finance Association issued a reminder on preventing the risks of bitcoin and other so-called "virtual currencies", pointing out that bitcoin and other so-called "virtual currencies" are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal and criminal activities. Investors should be vigilant and report to the police immediately when they find clues of illegal and criminal activities
and stressed that there is no legal basis for the establishment of various so-called "currency" trading platforms in China. Unlike most currencies, bitcoin does not rely on specific monetary institutions to issue, and is an "electronic currency" relying on algorithms. In China, the longest running bitcoin trading platform was founded in China on June 9, 2011
on December 5 of the same year, the people's Bank of China, the Ministry of instry and information technology, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission jointly issued the notice on the prevention of bitcoin risks, making it clear that bitcoin is "not a real currency, but a virtual commodity", and forbidding the Bank of China and Payment institutions to directly or indirectly participate in bitcoin transactions, But ordinary Chinese citizens can still trade bitcoin as a commodity
extended information:
in particular, financial institutions and Payment institutions are not allowed to price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin in the scope of insurance liability, No other bitcoin related services shall be provided to customers directly or indirectly
including: providing bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc
source of reference: People's Network - bitcoin trading risks, strengthen supervision, China is not alone
Network - Notice on preventing bitcoin risks
eight disciplines of stock speculation:
first, Trend Investment: the market is the premise to decide whether to do short-term, if the market is not good, we must insist on holding money; Only when the market turns better, combined with the hot spots in the market, can we make good profits. Therefore, as long as there is a market jump to open more than 2%, all trading plans are cancelled. Our golden line ensures that the trend is upward. At present, we are not on the golden line. It is better to continue to wait and see
Second, cyclical Trading: different trading strategies should be adopted in the up and down cycles. In the down cycle, the lowest point is usually formed on Wednesday, so the best time to buy is an hour before the closing on Wednesday afternoon. Choosing hot stocks will bring good returns; In the rising cycle, generally it will rise and fall around Friday, so the best time to buy is an hour before the closing on Friday afternoon, and the best time to sell is to rise and sell on Tuesday morning
Third, choose the right time to buy: generally, the best time to buy is one hour before the closing, and choose the stock whose stock price remains near the highest point of the whole day to intervene at the end of the day; It's a good time to sell stocks within one hour after opening. You can't buy stocks within 15 minutes, but you can pay according to the strong support level of the Bagua box. Generally, it will fall back after going up. Try to find the support level< No matter what reason you buy, no matter what reason you don't make money, no matter what reason you buy, no matter what reason you don't make money, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter what reason you buy, no matter
fifthly, stick to stop loss: no matter it is recommended by institutions or there is strong good news, if the loss reaches 10% at any time, stop loss immediately and sell all unconditionally
sixth, position control: short term participation funds should not be too heavy. It is recommended to control the position below 20% and hold no more than 3 shares
seventh, insist on winning: when the market trend is upward, our winning line is 30%; When the market is not good, our winning line is 15%. It is suggested that when the profit reaches 10%, we should sell half immediately
eighth, cash is the king: Bull short bear long, bear market should try to hold money, do not buy stocks frequently, do not go to the bottom. Strictly control the position below half position, even short position
no matter the market or indivial stocks, if they find that they have fallen below the strong support recognized by the public and there is a trend of closing in the middle and lower line on the same day, they must be vigilant. I hope I can help you. I wish you a happy investment!