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Does bitcoin make money in the short term or in the long term

Publish: 2021-05-16 15:44:26
1.

the main reason is that the value of bitcoin is artificially manipulated, so it has high risk and high profit, and it is easy to rise and fall sharply. That's why men's income changes so much of course, ordinary people certainly don't dare to speculate in bitcoin at will. After all, it needs a lot of money to support, which can make you rich overnight and ruin your fortune. Therefore, speculators need to have good psychological quality

in addition, the value of bitcoin often changes, and there is no law to speak of. It is mainly controlled by professionals with rich capital therefore, for ordinary investors, it's better not to put all their wealth into bitcoin. After all, the water in this instry is too deep, and you will lose all if you are not careful. Therefore, those opportunistic things or less to do, down-to-earth work to make money is the most important, after all, not everyone can become Buffett< br />

2.

Bitcoin's surge is just a short-term phenomenon. In the past, bitcoin was really hot, which made many people crazy, but its hot period has passed. At present, the sudden rise of bitcoin is obviously a kind of hype by some people who hold a lot of bitcoin. Their purpose is also very pure, through this way to attract more retail investors to invest, and then they start to make crazy profits. Don't be attracted by the heat

in fact, when it comes to bitcoin, many people may not know what it is, but the only thing people value is that it can make money, which reflects the phenomenon that people blindly follow the trend of investment. The risk of investment market is big, but the profit is also big, which requires our investors to recognize the hero. Let your own investment knowledge enrich, so that you know investment like the palm of your hand, and you won't be blind

the popularity of bitcoin will soon disappear, and it must not be speculated and invested by some people

the era of bull market has long passed, so investment should be cautious

3. mining has become popular in recent years. Bitcoin and other virtual currencies are the prototype of blockchain. Blockchain is the use of mining in the way of decentralization
4.

The mining right can be transferred

According to Article 3 of the administrative measures for the transfer of exploration right and mining right, the exploration right and mining right shall not be transferred except in accordance with the following provisions:

(1) the exploration right holder has the right to carry out the specified exploration operations in the designated exploration operation area and has the priority to obtain the mining right of mineral resources in the exploration operation area. After completing the prescribed minimum exploration investment, the exploration right holder may transfer the exploration right to another person with approval according to law

(2) if a mining enterprise that has obtained the mining right needs to change the subject of the mining right e to the merger or division of the enterprise, joint venture or cooperative operation with others, or e to the sale of the enterprise's assets or other changes in the property rights of the enterprise's assets, the mining right may be transferred to others for mining with the approval of law

< H2 > extended data:

according to Article 6 of the administrative measures for the transfer of exploration right and mining right, the transfer of mining right shall meet the following conditions:

(1) the mining enterprise has been in mining proction for one year

(2) the ownership of mining right is not disputed

(3) in accordance with the relevant provisions of the state, it has paid mining right use fee, mining right price, mineral resource compensation fee and resource tax

(4) other conditions stipulated by the Department in charge of Geology and mineral resources under the State Council

Before applying for the transfer of mining rights, state-owned mining enterprises should obtain the approval of the competent department of mining enterprises

5. Short term trading to do band, high sell low absorb
now the market has changed a lot, you need to observe it yourself
it's not a job, anyone can do it.
6. It should be said that long-term holding of bitcoin is sure to make money. It depends on whether you can hold it. More than 90% of people think that bitcoin will become more and more expensive. Just hold it. In addition to long-term hoarding, bitcoin price fluctuations can also be used to make money. However, trading bitcoin must be carried out under the regular exchange. In China, buying bitcoin is mainly carried out on the okex exchange, which supports a comprehensive range of transaction types. Legal currency, currency, contract and option are all settled in one stop. Moreover, the legal currency platform supports fast trading, and the transaction can arrive in one minute, which is recommended
7. As a special commodity that serves as a general equivalent, money is the proct of commodity exchange. Its main function is to implement the means of circulation and payment as the medium of transaction. The form of money is subject to the content of money and evolves with the development of the times. "It is an endless process to replace another symbolic money with one symbolic money." In this way, the possible forms of money have infinite diversity. So far, the form of money has gone through the stages of physical money, substitute money and credit money. In fact, from the simple commodity currency to precious metal currency in the early period, and then to the record data on paper money and bank account, the form of currency has experienced the evolution from value entity to value symbol. At the same time, e-money came into being

the emergence of e-money is the proct of the information revolution. The emergence and circulation of e-money separate the real money from the concept money. The evolution of real money into virtual money is the inevitable result of the new technological revolution and the development of network economy. It effectively solves the problem of how to rece the "information cost" and "transaction cost" under the background of market globalization. E-money has greatly broken through the space-time limit of the real world. The information flow and capital flow are transmitted rapidly and conveniently on the Internet. The space-time gap is no longer an obstacle in the network world. At the same time, network and e-money also rece a large number of social labor and expenses, such as printing, issuing, cash circulation, physical handling and counting, greatly recing the time and space cost of exchange. Because of the convenience, generality and efficiency of e-money, the use and settlement of e-money not only simplifies the complicated proceres of traditional money, but also is not limited by time, place and service object. People can complete the transaction in their own convenient time, Whether the goods are purchased at home or abroad. In a word, the emergence of Internet and electronic currency accelerates the globalization of market and strengthens the connection of global economy. People can deal with economic affairs faster and more economically through Internet and electronic currency. All of these greatly rece the cost of information search, rece transaction costs, save more social wealth and improve the scope and efficiency of optimal allocation of resources. Therefore, the emergence and development of e-money can be said to be the advanced stage of money development and the third revolution in the history of money.
8.

There are still some. First of all, from the perspective of short-term speculation, it is generally favorable. At present, there are two biggest favorable expectations in the currency circle. One is that the central bank's digital currency will be launched at the beginning of this year, which is also good for the currency circle. Another is that bitcoin mining will be halved. In May 2020, bitcoin will usher in the third halving, Half from 16.5 to 8.25

mining will basically stop, unless bitcoin rises to US $10000

at present, bitcoin is US $8000, so it's certainly right to buy at a low price in this position

the second target price of bitcoin must reach a new high, and more than US $20000 is a short-term high probability event

in the long run, we should compare asset preservation, For details, please refer to this article

which is better, bitcoin or gold

9.

starting now may not make money, because bitcoin is at a historical high

if you held bitcoin in the previous 10 years, bitcoin at that time could definitely make money, but judging from the current market, bitcoin has broken the $50000 mark, and buying bitcoin at this time would be a takeover

bitcoin has been at an all-time high

the market of bitcoin can be simply understood as the market of the stock market, but it is obviously different from the stock market. Just imagine, if a person enters the market at the peak of a bull market, he will be deeply trapped, and even have no chance to redeem< this is true of bitcoin, and bitcoin is an enhanced version of the stock market. The withdrawal rate of bitcoin can even reach 100%, which means that a person will lose all his money . At the $50000 mark, investing in bitcoin is definitely not a wise choice{ RRRRR}

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