How to buy bitcoin in a bull market
Publish: 2021-03-23 05:32:05
1. 1. Using bitcoin mining machine to obtain bitcoin
mining is the only way to obtain undeveloped bitcoin, which needs to purchase professional mining equipment for mining, which is called mining machine in the instry
bitcoin miner obtains bitcoin through a lot of calculation through hash algorithm. As we all know, the number of bitcoin is constant, 21 million. As time goes on, the number of miners increases and the number of miners decreases.
the difficulty of bitcoin system is dynamically adjusted. Every 2016 bitcoin is g, an adjustment will be made, The adjustment is based on the block time of the previous 2016 blocks. If the average block time of the previous cycle is less than 10 minutes, it will increase the difficulty. If it is more than 10 minutes, it will rece the difficulty. The purpose is to ensure that the system can output a block every 10 minutes, so the difficulty adjustment time is about 2 weeks (2016 * 10 minutes), that is to say, the output will be halved every four years, And the difficulty will be adjusted every 14 days, so the general trend seems that the output of mining will be less and less
2. Purchasing power for bitcoin
after the prevalence of mining, there are some bitcoin mines, that is, multiple mining machines are concentrated in one place for mining, unified maintenance and management, low electricity price, to rece the cost of mining
the most important parameter of bitcoin mining machine is computing power. The higher the computing power is, the higher the output will be. In the difficulty of bitcoin mining, how much bitcoin can be g with 1t computing power is also used to measure the current difficulty of mining. Therefore, some mines will directly sell computing power to users to dig coins. In this way, the mining risk is relatively lower, and there is no need to buy mining machines and equipment, and no need to maintain them, The maintenance and management of mining machine is relatively troublesome for Xiao
3. Reward for bitcoin
with the rising price of bitcoin, bitcoin has gained more popularity than before, and its position in virtual currency is also unmatched by other currencies. There are some real procts of reward bitcoin mechanism in the market, and cat disk is one of them< The simplest way to get bitcoin is to find the person who holds bitcoin to buy bitcoin, which is equivalent to buying goods. But bitcoin is not required by everyone. Therefore, it is necessary to find the person who holds bitcoin and carry out direct transfer transaction. At the same time, there are certain risks, The other side needs indivials to grasp whether they are cheaters or not, so I don't recommend such transactions on the basis of not being acquaintances or not having certain trust
2. Online trading
there are many trading platforms for bitcoin, large or small. At present, the relatively large and well-known trading platforms are Huo coin, coin security, okex, uto market,... And so on. These platforms are more convenient and safe as three-party guarantee transactions, and the only risk is platform running, But the possibility is relatively small, but some small platforms are not without security
mining is the only way to obtain undeveloped bitcoin, which needs to purchase professional mining equipment for mining, which is called mining machine in the instry
bitcoin miner obtains bitcoin through a lot of calculation through hash algorithm. As we all know, the number of bitcoin is constant, 21 million. As time goes on, the number of miners increases and the number of miners decreases.
the difficulty of bitcoin system is dynamically adjusted. Every 2016 bitcoin is g, an adjustment will be made, The adjustment is based on the block time of the previous 2016 blocks. If the average block time of the previous cycle is less than 10 minutes, it will increase the difficulty. If it is more than 10 minutes, it will rece the difficulty. The purpose is to ensure that the system can output a block every 10 minutes, so the difficulty adjustment time is about 2 weeks (2016 * 10 minutes), that is to say, the output will be halved every four years, And the difficulty will be adjusted every 14 days, so the general trend seems that the output of mining will be less and less
2. Purchasing power for bitcoin
after the prevalence of mining, there are some bitcoin mines, that is, multiple mining machines are concentrated in one place for mining, unified maintenance and management, low electricity price, to rece the cost of mining
the most important parameter of bitcoin mining machine is computing power. The higher the computing power is, the higher the output will be. In the difficulty of bitcoin mining, how much bitcoin can be g with 1t computing power is also used to measure the current difficulty of mining. Therefore, some mines will directly sell computing power to users to dig coins. In this way, the mining risk is relatively lower, and there is no need to buy mining machines and equipment, and no need to maintain them, The maintenance and management of mining machine is relatively troublesome for Xiao
3. Reward for bitcoin
with the rising price of bitcoin, bitcoin has gained more popularity than before, and its position in virtual currency is also unmatched by other currencies. There are some real procts of reward bitcoin mechanism in the market, and cat disk is one of them< The simplest way to get bitcoin is to find the person who holds bitcoin to buy bitcoin, which is equivalent to buying goods. But bitcoin is not required by everyone. Therefore, it is necessary to find the person who holds bitcoin and carry out direct transfer transaction. At the same time, there are certain risks, The other side needs indivials to grasp whether they are cheaters or not, so I don't recommend such transactions on the basis of not being acquaintances or not having certain trust
2. Online trading
there are many trading platforms for bitcoin, large or small. At present, the relatively large and well-known trading platforms are Huo coin, coin security, okex, uto market,... And so on. These platforms are more convenient and safe as three-party guarantee transactions, and the only risk is platform running, But the possibility is relatively small, but some small platforms are not without security
2.
Bitcoin is just like the currency in the game, but no one releases bitcoin. Instead, it relies on a specific algorithm to generate , so now people looking for bitcoin also call themselves miners, but they rely on computers to mine
the rise of bitcoin is e to the restructuring of global risk assets , and the widening of investment channels for encrypted assets . Since the beginning of this year, the volatility of securities and foreign exchange markets has intensified, and global investors are looking for safe assets. Traditional safe asset gold is more dependent on the real economy and inflation expectations, Bitcoin is more like a sensitive index, gaining a certain asset hedging advantage
3. I feel that I can buy bitcoin within 12000. Now it's the beginning of a bull market, and bitcoin generally rises in a flash, so I need to be patient after buying. Now I'm investing bitcoin every month on the okex exchange, and I don't look at the short-term rise and fall. You can also refer to it.
4. I don't know if the bull market is coming. Bitcoin, which I have been investing in Matcha MXC, is more like special currency
5. Let's not talk about bitcoin. Bitcoin can be bought on any exchange. Let's say that other currencies are tokens. Even if you don't get on the bus, you can make a little money from the wave of users who receive airdrops in bitcoin.
6. Let's go back to the last time bitcoin was halved
the last time bitcoin was halved was in July 2016. We found that from July to December 2016, the price of bitcoin fluctuated between $500 and $700. Bitcoin halved block rewards in 2016, but it did not lead to a bull market that year
but in 2017, bitcoin began to rise unreasonably until it reached a new high of $20000 in December 2017
why? I think one of the most important aspects is the speculative frenzy triggered by Ethereum ICO, which has attracted a lot of funds from outside the currency circle. Due to the continuous pursuit of various ICO projects by funds from outside the circle, a large number of funds will enter the market, and the price will also rise, thus triggering a huge bull market
Rome was not built in a day. Ethereum ICO was not launched in 2017, but started to develop in 2016. Until its wealth effect begins to attract the attention of OTC funds, it will cause the prices of various currencies in the market to soar
according to this idea, let's continue to look at the bitcoin halving market in 2012:
at that time, bitcoin halving took place in November 2012. However, bitcoin did not break through $100 from November 2012 to July 2013 for a long time, which indicates that it did not enter the market of halving in the half year after halving. Until October 2013, the price of bitcoin began to rise from $200, and in December 2013, it hit more than $1000
▌ comparing the two bull markets, we can find two rules:
first, the half market will not come at the first time after the half market. The two halving prices are at least half a year after the halving. Before that, bitcoin did not rise significantly
secondly, if only bitcoin is halved and there is no other factor that can stimulate the market to rise, then the market brought by halving will not be as strong as expected
in the second half, the market was stimulated by the factor of Ethereum ICO and the half price of bitcoin itself, which made bitcoin rise from nearly $1000 to a new high of $20000, and the price of bitcoin directly increased by 20 times; When it was cut in half for the first time, no other factors were involved. The price of bitcoin only increased from $100 to $1000, a 10 fold increase
in addition to the two above, there is also a fuse that triggered the bull market. If we consider from this aspect, Ethereum ICO is obviously the fuse of bitcoin's second halving, and the fuse of bitcoin's first halving may be the curiosity of investors or investment institutions outside the circle caused by bitcoin's relatively low price and volatility. At that time, bitcoin of about $100 could control the price of bitcoin without too much capital. Once the speculative effect reached a certain level, it would lead to a continuous flow of follow-up funds, thus forming a bull market
as long as you have free money, you can start to invest on a fixed basis.
the last time bitcoin was halved was in July 2016. We found that from July to December 2016, the price of bitcoin fluctuated between $500 and $700. Bitcoin halved block rewards in 2016, but it did not lead to a bull market that year
but in 2017, bitcoin began to rise unreasonably until it reached a new high of $20000 in December 2017
why? I think one of the most important aspects is the speculative frenzy triggered by Ethereum ICO, which has attracted a lot of funds from outside the currency circle. Due to the continuous pursuit of various ICO projects by funds from outside the circle, a large number of funds will enter the market, and the price will also rise, thus triggering a huge bull market
Rome was not built in a day. Ethereum ICO was not launched in 2017, but started to develop in 2016. Until its wealth effect begins to attract the attention of OTC funds, it will cause the prices of various currencies in the market to soar
according to this idea, let's continue to look at the bitcoin halving market in 2012:
at that time, bitcoin halving took place in November 2012. However, bitcoin did not break through $100 from November 2012 to July 2013 for a long time, which indicates that it did not enter the market of halving in the half year after halving. Until October 2013, the price of bitcoin began to rise from $200, and in December 2013, it hit more than $1000
▌ comparing the two bull markets, we can find two rules:
first, the half market will not come at the first time after the half market. The two halving prices are at least half a year after the halving. Before that, bitcoin did not rise significantly
secondly, if only bitcoin is halved and there is no other factor that can stimulate the market to rise, then the market brought by halving will not be as strong as expected
in the second half, the market was stimulated by the factor of Ethereum ICO and the half price of bitcoin itself, which made bitcoin rise from nearly $1000 to a new high of $20000, and the price of bitcoin directly increased by 20 times; When it was cut in half for the first time, no other factors were involved. The price of bitcoin only increased from $100 to $1000, a 10 fold increase
in addition to the two above, there is also a fuse that triggered the bull market. If we consider from this aspect, Ethereum ICO is obviously the fuse of bitcoin's second halving, and the fuse of bitcoin's first halving may be the curiosity of investors or investment institutions outside the circle caused by bitcoin's relatively low price and volatility. At that time, bitcoin of about $100 could control the price of bitcoin without too much capital. Once the speculative effect reached a certain level, it would lead to a continuous flow of follow-up funds, thus forming a bull market
as long as you have free money, you can start to invest on a fixed basis.
7. The next bull market should start in the second half of 2021
according to the history of bitcoin, someone has made a correlation model between halving and price. According to this model, the next time bitcoin halves, the price will exceed $10000 or even $100000.
according to the history of bitcoin, someone has made a correlation model between halving and price. According to this model, the next time bitcoin halves, the price will exceed $10000 or even $100000.
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