Bitcoin Basics Video

1. "digital currency technology investment guide" written by the great demon of the currency circle in 2020 is the most systematic digital currency investment book at present. It lists examples of digital currency and explains them vividly. I suggest you have a look.

2. There are four common trading forms of bitcoin: spot, futures, options, ETF

1, spot trading
spot trading and stock trading are almost the same, buy low and sell high, earn the middle price difference! However, bitcoin is a T + 0 mode, trading anytime and anywhere, and there are no opening, closing, suspension and many other restrictions. It is open to trading 365 days a year

2. Futures trading is often referred to as contract trading. I believe most people can't resist the temptation of contracts. Contracts can be long and short, and can also be leveraged. The maximum support is 100 times, which indirectly magnifies the benefits and risks by 100 times, because human nature is inherently greedy. However, the difficulty coefficient of making money in the contract is high. Because bitcoin fluctuates greatly, it is possible to burst the position in an instant. Therefore, futures trading should be cautious

3. Option trading
the nature of option trading is the same as that of spot trading, i.e. expected call to buy up, expected put to buy down
since the nature of options and spot is the same, what is the difference between them? Simple comparison:
for example, bitoffer, the first bitcoin option in the world, has no margin, no handling charge and no exercise

(the only option in the world that doesn't need to exercise)

1. For spot, it costs US $7500 to buy a bitcoin
2. For option, it costs US $5 to buy a bitcoin option

when bitcoin rises from 7500 to US $8000, the spot earns us $500 and the option earns us $500
the benefits of the two are the same, but the cost difference is 1500 times
this is the case with options, which is the same as the spot calculation of profit space, except that you don't need to pay the full amount, just need to pay a little deposit Different from the traditional European options)

4. ETF fund trading
ETF is usually called trading open-end index fund, which is a very popular financial derivative in the traditional financial market. Bitoffer's launch of bitcoin ETF fund increases the fixed leverage on the original basis, because there are a certain number of futures contract positions behind the proct
What's the difference between bitcoin ETF and spot< In this year's bitcoin proction rection, in theory, X2
2. Mining machinery needs to be upgraded, in theory, X2
3. The current price of bitcoin is 7500x4 = US $30000 (expected price after next year's proction rection)

ring this period, the return comparison between holding spot money and ETF fund is as follows:
1, Up to 15 times (compound interest calculation)
there is no doubt that bitcoin ETF is the best investment choice!

3. blockchain: from digital currency to credit society

4. So far, no institution can consult bitcoin. Besides, bitcoin is no longer available to indivials.

5.

The difference between foreign currency and foreign exchange mainly lies in the following two aspects:

1. Different concepts

foreign exchange refers to the creditor's rights that a country can use in the event of balance of payments deficit in the form of bank deposits, treasury bonds of the Ministry of finance, long-term and short-term government securities, etc. To put it simply, it means all the foreign currency assets owned by a country and various payment means that can be used for international settlement of claims and debts

Foreign currency refers to all foreign currencies except domestic currency

The main uses of foreign exchange are: means of payment and credit instruments for international trade and settlement; It can be used to adjust the balance of international funds; It can be used as an important international reserve resource of a country

Foreign currency is mainly used for commodity payment and currency exchange

extended information:

foreign exchange trading should pay attention to:

1, looking for events to stimulate market volatility

if you want to trade, then you should look for events to quickly stimulate market volatility, which can be company statements, data release or important meetings. These events can affect the fluctuation direction of the market in a very short period of time, so they also give traders the opportunity to make quick profits

In foreign exchange trading, if the market is contrary to your expectation, it is normal for you to feel panic. You must set a stop loss to control the loss range, rather than hope that the market will eventually change direction. Most successful traders are very sensitive to the loss, they will try their best to control the loss. In addition, don't move the stop at will

3. Keep checking the market

if you are sure that you have enough time to check the market frequently, you can start trading. When some short-term traders find that the market is contrary to expectations, they will decide to take long-term positions halfway. But it's likely to get stuck in a deal that's not good for you

6. Cryptocurrency (English: cryptocurrency, often used in the plural cryptocurrency, also translated as cryptocurrency, cryptocurrency) is a kind of transaction medium that uses the principles of cryptography to ensure the security of transactions and control the creation of transaction units. Cryptocurrency is a kind of digital currency (or virtual currency). Bitcoin became the first decentralised cryptocurrency in 2009, after which the term cryptocurrency mostly refers to such designs. Since then, several similar cryptocurrencies have been created, commonly known as altcoins. Cryptocurrency is based on the consensus mechanism of decentralization, which is opposite to the banking and financial system relying on the centralized regulatory system
the nature of decentralization comes from the blockchain technology using distributed ledger<
Chinese name
cryptocurrency
foreign name
cryptocurrency
domain
blockchain
fast
navigation
national digital currency blockchain refer to
cryptocurrency other than bitcoin
cryptocurrency other than bitcoin, also known as Shanzhai currency and competitive currency (English: altcoin), part of which is generated by referring to bitcoin ideas, principles and source code, Virtual currency similar to bitcoin has more than 800 cryptocurrencies in circulation
from February to April 2017, the proportion of Shanzhai currency in the total cryptocurrency market value increased from 15% to nearly 40%
because bitcoin itself does not have an authoritative issuing institution and state power to maintain its authority and uniqueness, bitcoin and its imitators can only get along equally, although it is the earliest virtual currency, also the most famous and popular

7. It's fake. Don't believe it. This is a Ponzi scheme on the Internet

8. There are too many swindlers now. Don't believe anything without authentication. There are so many tricks in the world. You can't submit your ID card and bank card at the same time. Unless you operate by yourself, you don't provide anything for the current network hacker, and the money of your bank card is still missing. Besides, you have so many certificates. Wake up and don't think about the pie falling from the sky, Working hard to earn money is the right way.