Bitcoin's crazy rise
bitcoin bulls often mention that the scarcity value of this cryptocurrency is the main reason for its continued rise. Bitcoin is similar to gold to some extent. The growth of its supply is extremely slow, and it is still slowing down. Its total supply will only reach 21 million
with the increasing interest of institutional investors and retail investors in bitcoin, global exchanges such as the Chicago Board of options (CBOE) have launched bitcoin futures contracts. This is likely to encourage more institutional investors to invest in bitcoin, while at the same time further curbing the price volatility of bitcoin
this much anticipated bitcoin futures trading has been launched on the Chicago Board of options exchange, which represents a significant step in the legalization of cryptocurrency. Futures is a derivative / financial instrument, which can force dealers to buy and sell an asset at a specific time and price
Bitcoin is not the mainstream currency now. Its skyrocketing price has nothing to do with us ordinary people for the time being, but it is far fetched to say that its bull market is coming. This may be just a short-term rebound
the peak value of bitcoin used to be US $20000. Since it fell to US $3500 in 2018, it has been in a state of occasional rebound. Although it has risen by 20%, it is still only US $5000. Compared with the high price of US $2W, it is only one fourth
at present, there is no clear statement about the attitude of government agencies in various countries towards bitcoin, especially as the world's largest bitcoin procer, the attitude of the Chinese government is more important, but until now, no official attitude has been found. The market is waiting to see, this wave of rise is likely to be the chain reaction caused by the reluctance of most holders to sell
at present, most people are bearish on bitcoin, but as an encrypted digital currency, whether it can be controlled is the government's consideration. If a currency is not effectively regulated, it will become a paradise for black instry. The damage to the economy and society will be immeasurable
therefore, at present, bitcoin is only a game for a small number of players, and the current holder is just a quilt. They hope to soar, but at present, it can only be a disappointing result
cryptocurrency has an exchange, but its price is determined according to the change of stock in the market. Many people want to buy bitcoin and other currencies, they have to go to these exchanges to buy, sell and other operations. In other words, the exchange provides a platform to facilitate bitcoin trading. Because of its encryption property, it is difficult for the regulatory level to uniformly deploy and implement relevant measures, so many countries prohibit bitcoin trading
but even so, bitcoin still has a high transaction value, part of which is the labor and cost of digging out coins, part of which is e to market factors. The total amount of coins is determined, so every coin g out will be one less. From the perspective of Marketization, the value of bitcoin will be higher and higher. Therefore, many people think that bitcoin has great value-added space, and many investors choose to hold bitcoin for a long time. As a result, the underlying bitcoin value is locked in. Later, bitcoin was also used in some social activities. For example, some foreign companies used bitcoin to pay their employees, and even bitcoin could be used for shopping
once the underlying value is determined, the sharp rise and fall of bitcoin is dominated by market behavior. This kind of uncertainty is more serious, and the market fluctuates more frequently. In the absence of relevant credit endorsement support, naturally, once there is any disturbance, bitcoin's value will fluctuate greatly.
1、 As for how to view the big rise of bitcoin, in my opinion, the reason for the big rise of bitcoin is that many people have made high profits in the previous big rise of bitcoin. So this time, these people will encourage many people to hype bitcoin, and they will encourage many people to hype bitcoin, It's because once a lot of people hype bitcoin, bitcoin will become more and more popular, and they can continue to earn high profits{ RRRRR}
4. So, even if bitcoin soars, we will enter the market of hyping bitcoin. Let's not inlge in hype. Don't be too greedy in bitcoin. After earning certain benefits, we can stop it directly. If it is too greedy, we will lose all our money in the end. So, the reason why bitcoin soars so fast is that, It's because there are people behind these retail investors who are pushing the rise of bitcoin. These people want to use bitcoin to earn high profits, which will push the rise of bitcoin. There are also some retail investors who want to earn high profits. Once the value of bitcoin drops, they will lose all their money
we need to understand that the rise of bitcoin has a great impact on the economy, which mainly lies in the macro economy
when some people mention bitcoin, they may think that bitcoin is a fraud, while others believe it. No matter what the point of view is, the current price of bitcoin is very high, and it has a large number of fans. I personally hold a negative attitude towards bitcoin. Here are my personal views
bitcoin is indeed rising at present
I remember in 2000, when the price of bitcoin was only a few dollars, now the price of bitcoin has risen to 50000 dollars, which can be said to have increased thousands of times. In this case, it is difficult not to shake one's faith. Some people feel that they have missed the gold draught of bitcoin, while others feel that the bubble of bitcoin will eventually burst . RRRRR}
The crazy rise of bitcoin price reflects the potential crisis in the global financial market, that is, it may be rotten in the hands and can not be realized. All kinds of virtual currencies you see now are very popular, but you should clearly know that virtual currency itself has no economic value and is not recognized by any government, If you say that he has no value and no one will buy him, he has no value at all{ RRRRR}
although it is simple to say, it is not so simple in actual operation, but the general principle is similar, because the virtual currency itself is affected by the investment tuyere, more and more investors pour into the instry, and oversupply will lead to its price rising rapidly. Before Tesla put forward a one currency car purchase plan, If it can be implemented, it means that it has the purchasing power in real life, and the risk is much lower. At the same time, there are a lot of virtual currencies. Because of the rapid rise in the price, also because of this, its price once rose rapidly, but whether it can survive or not
With people's life getting better and better, people's support for property currency is also more and more eager to get the income of investment and financial management. Bitcoin is a typical example. At the beginning, there was only two yuan. At that time, a lot of bitcoins could buy a pizza. But with the development of years, now bitcoin is rising rapidly, It aroused people's curiosity about bitcoin
3. Prudent investment is the right way
it has to be said that the sharp rise of bitcoin this time is also e to people's confidence in virtual currency and the guidance given by experts in various fields, which leads to the sharp rise of bitcoin this time. That is to say, the phenomenon of group psychology has a lot to do with our financial management, We can't make useless investment in bitcoin. At present, the situation is not stable. It may soar at any time, and it may also plummet at any time. Therefore, we must be more cautious in the capital market, and just be a little leek