Virtual currency plummeted in September

1. The value of virtual currency is reflected in "more people recognize it". At the beginning of any instry, there will be savage growth. Take bitcoin as an example, the peak price of bitcoin is close to $2W, and the current price is only about $6500
in the current situation, blockchain is not a mature technology. What the market values is the so-called prospect, and it will take time to improve and excavate it slowly. However, the collapse of virtual currency is just a return to its own value
in short, I think bitcoin will continue to grow slowly after falling below a certain price. The current slump is just that the funds attracted by the previous heat have discovered the characteristics of virtual currency (hacker attack, dealer trading, these two situations will probably only appear in the newly issued currency, which is determined by the characteristics of blockchain, in other words, Hackers may also attack bitcoin in the early stage, but the more people and nodes bitcoin enters, the lower the probability of this situation, and the more difficult it is to generate)
in addition, I think that a large number of people in China even don't know what bitcoin is, so they are ready to make a fortune with money.

2. That's because market expectations have fallen and trading volume has tightened

3. What is virtual currency

4. If the rise and fall curve of virtual currency is compared to a mountain, I'm afraid such a steep mountain does not exist in reality. In recent months, virtual currency has climbed all the way to the top of the mountain, and then dropped to the bottom of the valley in a period of time. During the Spring Festival, the curve rose slightly, but it didn't last long, and fell again. The virtual money market is more and more complicated.

5. The main reason for the sharp decline of virtual currency is that a large number of profiteers take back virtual currency, which depresses the market
in addition to being depressed by profit taking, worries about the order processing capacity of Ethereum also contributed to the sharp drop in the price of this digital currency. Last week, the price of Ethernet currency once "collapsed", falling from more than $300 to 10 cents in a few minutes because of the network congestion caused by too many orders.

6.

I think some people might give up. But on the whole, I won't give up. How far can bitcoin go? It's hard to say. There are too many unknowns. You have invested in so many costs. Although you can stop losses in time if you give up now, some small investors may give up, but it is impossible for large investors. Because stop loss can't stop that much. In addition, although bitcoin has plummeted, the confidence of the masses in it has not completely collapsed. After all, bitcoin was very brilliant at that time. After the crash, many people believe it will rebound{ RRRRR}

I feel that bitcoin has a long way to go. The future market is full of uncertainty. How can bitcoin survive and go further. We need to think it over

7. Whether you can make money mainly depends on whether you have fixed customers. I have a regular job, no problem. It's not a big problem if you don't hire a person to have a regular job, but the profit is much less. If you are looking for a job everywhere, it will be troublesome

8. The manipulation of makers has increased the fluctuation of bitcoin price, and foreign bitcoin trading platforms have encountered various twists and turns such as fraud, theft and bankruptcy, which makes many bitcoin players think whether they should stay in the bitcoin market. If these players graally leave, bitcoin prices will continue to fall.

9. Rise and fall are market behavior, bitcoin volatility is very large