Bitcoin bull market June 2021
Publish: 2021-05-28 22:15:32
1. It's already dangerous, because there are a lot of funds in the early stage, and then it will enter the period of cutting leeks. There are risks in investment, so we need to be cautious when entering the market
2. Many people buy bitcoin through exchanges such as coinbase and shengcoin.com. In 2021, I think we may see something similar to what happened in 2017 - speculation will lead to a big bubble.
3.
According to Nakamoto's plan, bitcoin will be halved for the third time around May next year
before and after the previous halving, the price has changed significantly
why is the rise of bitcoin price a deterministic event
This is undeniable, so it has become the most certain thing at the beginning of 2021. At present, it is certain that its price will continue to grow. After all, there are many financial institutions supporting the stability of the currency price< br />9. Although there was a correction in the price of bitcoin in 2021. But according to the current situation. It's not bad. The price of bitcoin is above $35000. Recently, I have been looking at RSI provided by Zhongyuan. Overbought leads to sell-off, excessive sell-off becomes oversold, and oversold will make people increase their positions. I think bitcoin will return to its peak in 2121.
10. The most important is the ratio of the total value of all assets of a country to the total value of all coins issued
take a simple example: if a country has only 10 apples and issued 10 yuan, then 1 yuan can buy an apple in this country. If it issued 100 yuan, then 10 yuan can buy an apple. This is not an apple price increase, but a currency devaluation. So a country can't print money casually, or it will print hundreds of millions of yuan to each person of the whole country. Isn't China Bill Gates any more?
it has nothing to do with the face value, but some countries print too much money, or the above example: if 100000 yuan is issued, it will cost 10000 yuan to buy an apple, you can't let the people take 100 hundred yuan notes, can you? How much money do you have to take if you buy 2 jin? So the government came up with a way to increase the face value of money, printing a batch of money with a face value of 10000 yuan, and only one piece of money is enough to buy an apple. It's also convenient for the masses. The government's intentions are very good.
take a simple example: if a country has only 10 apples and issued 10 yuan, then 1 yuan can buy an apple in this country. If it issued 100 yuan, then 10 yuan can buy an apple. This is not an apple price increase, but a currency devaluation. So a country can't print money casually, or it will print hundreds of millions of yuan to each person of the whole country. Isn't China Bill Gates any more?
it has nothing to do with the face value, but some countries print too much money, or the above example: if 100000 yuan is issued, it will cost 10000 yuan to buy an apple, you can't let the people take 100 hundred yuan notes, can you? How much money do you have to take if you buy 2 jin? So the government came up with a way to increase the face value of money, printing a batch of money with a face value of 10000 yuan, and only one piece of money is enough to buy an apple. It's also convenient for the masses. The government's intentions are very good.
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