Six elements of digital currency investment

1. With the rapid rise of bitcoin, digital currency has entered an era of barbaric growth. At present, there are nearly 1000 kinds of digital currency or procts under the banner of digital currency listed on various trading platforms, and it is said that there are nearly 5000 kinds of procts waiting for the exchange. Hehe, this is the best time and the worst time. It should be said that among so many procts, there must be some outstanding ones who will eventually stand out, become technology leaders and instry benchmarks, and start another wave of miracle of making wealth. However, most digital currency procts will eventually be eliminated, or even become laughingstock and scam. In fact, it seems that many of them are scams now

in the mixed market, how to practice a pair of eyes to identify the authenticity, this paper provides several perspectives for your reference

First, technical basis. The value of bitcoin does not lie in its price, but in its technical basis - blockchain, also known as distributed ledger technology. It is an Internet database technology, characterized by decentralization, openness and transparency, so that everyone can participate in database records. This paper is not a popular science article, and does not do too much entanglement on the technical explanation. But you need to understand the basic characteristics of blockchain. The first is decentralized and intermediary trust. There is no backstage, no manipulation, and no need for a third party. The second feature is its stability, reliability, persistence and security. Because it is a distributed network architecture, no central node can be attacked, so it has stronger stability, reliability and persistence in the overall technical layout. At the same time, the consensus mechanism does not need the entry of a third party, but through a technology, a previously scheled technology to achieve the completion of the whole transaction. The third is the openness, transparency and non tamperability of the transaction. So when we look at digital currency, we must look at its technical basis. Only when the technical basis is in line with the actual digital currency can it have investment value

Second, trading platform. Investment in digital currency is inseparable from the trading platform, so it is very important to choose a reliable trading platform. A good trading platform should have the following characteristics. First, it is fair and impartial. All traders are treated equally without any discrimination, regardless of the size of the transaction volume or the geographical location. In particular, as an exchange, it can not issue money. How can it be fair and just to be a referee and an athlete? Second, freedom of advance and retreat, without artificial barriers and obstacles. Free registration, free use (not transaction costs). There are no restrictions on the freedom of deposit and withdrawal. Your own money is up to you. What needs to be pointed out here is that today's exchanges are all unregulated. They are also in a period of barbaric growth. Like digital currency, there will surely be outstanding people who will become the benchmark after the waves, and there will also be runners who will leave behind a lot of chicken feathers

Third, monetary characteristics. It refers to the characteristics of a digital currency. A look at scarcity, that is, its circulation. Bitcoin is 21 million. There are many behind it. There are tens of billions and hundreds of billions of bitcoin. If the amount of bitcoin is too large, it is difficult to pry. Second, the theme is the entry point and application basis of a digital currency, from which we can see the social responsibility and existence of the digital currency. Nowadays, there are various themes, such as tips, watching Japanese AV, keeping virtual pets, naming planets, symbiotic economy, and so on. Different people have different opinions, but human society still has common basic values. As an investment, we should firmly grasp this point

Team background. The spirit of enterprise is the embodiment of human spirit. What a liar opens can only be a liar company. Therefore, in the face of a digital currency, it is also important to understand the background of its creative team members. What is the common goal of the team? What are the common interests? Which stage of development is currently in? This seems to be a bit difficult, but because we have the Internet, we can still do it, just don't believe what he said

digital currency investment, in the final analysis, is a technological activity, the key lies in learning and communication. Finally, the value of bitcoin lies in that it has led an era and successfully carried out a popular science ecation for the people on earth. In the future, the dominant digital currency will be the kind of digital currency that covers the world and is endorsed by the common value (such as gold), at least at a certain stage

the Internet will not die out, and digital currency will eventually move towards standardization and orthodoxy. As an investor, are you ready

2. Digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form. Digital currency is a kind of venture capital. Some people can make profits in this market, while others can make losses in this market. To make money, digital currency can be invested by mining and trading on the platform. Digital currency has price fluctuation and is investable in theory

warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
response time: December 2, 2020. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html

3.

"Investment is risky, so be cautious when entering the market." the same is true of digital currency investment

< H2 > I. channels for digital currency investors to understand the project: < UL >

instry community (e.g. wechat group, telegraph group, currency group, etc.)

instry media (e.g. golden finance, currency world, Babbitt community, block instry)

offline activities (e.g. blockchain instry summit, blockchain offline salon, blockchain cocktail party Blockchain project roadshow site, etc.)

instry tycoons (get some project information through communication with instry tycoons)

investment institutions (many good projects are aimed at investment institutions, not at outside indivials, so digital currency investors can contact with some investment institutions, Get the latest projects)

and so on

< H2 > Second, how do digital currency investors select projects

here, the blockchain instry will introce eight aspects to screen and identify blockchain projects:

1, white paper

the first thing to look at is the white paper of the project, which is very important. Usually, the white paper of the project will show the instry demand background, technical background, team information, instry pain points solved, investor relations and the future development plan of the project, etc. When you read the white paper carefully, you will have a clear understanding of the projects you invest in

2, team, consultant and platform boss

we know that investment projects in the investment field, in many cases, will look at people, and investment projects are mostly the founders and teams of investment projects. The blockchain technology talent market is very scarce. Under normal circumstances, there should be senior technical experts in the excellent team. Users must know the relevant information through multiple channels when looking at the project team members. If the project has a star or instry tycoon platform, you should be careful to avoid exaggeration or false publicity of the project

3, whether the project application solves the problem

after having a general understanding of the project, we need to combine with the real background of the instry where the project is located to deeply analyze whether the project has solved some problems of the instry, and whether the application scenario of the project is real and feasible. If the viewpoint of the project is far from the needs and problems of the instry, you should be careful about this project

4. Project code submission Review

users who know a little bit about technology can see the degree of team code submission. If they come out to raise funds without even code, the risk of the project is great

5, the degree of technological innovation of the project

on the level of technological innovation, we need to see whether the project gives full play to the technical advantages of the blockchain, whether there is innovation and whether it is open source. Generally, open source projects will be uploaded to githob. As for the common problems at the bottom of the blockchain, how the project side solves and plans them

6. Pay attention to the fund-raising situation of the project

we can have an in-depth understanding from the following aspects: whether the total amount of fund-raising of the project is reasonable, whether there is excessive additional issuance, whether the token allocation of the project is reasonable, whether there is a record on the official website, whether the team members make fraud, etc

7. Online trading platform

we can also make lateral judgment through the online trading platform of the project. In general, the well-known trading platform has a strong review on the project. If the project is launched on a small trading platform, or even a trading platform that has never heard of, it needs to be treated with caution

8. Refer to the opinions of the third-party project rating agencies

at present, there are not a few third-party project rating agencies in the market. We can refer to the suggestions and opinions of the third-party project rating agencies on the project as a channel for us to understand the project. It is possible that the project rating agencies have different scoring systems for projects, but their final results will not have a big gap, which can be referred by many parties

How to invest in digital currency

after understanding and determining the project to be invested through various channels and means, we should look at the progress stage and fund-raising situation of the project. Here, the block instry reminds you that when you want to participate in the project investment, please contact the official or officially authorized service provider of the project to avoid being cheated by criminals

4. If it's 50 million, you can consider bitcoin. It's generally accepted on earth that it won't be the same as air ratio after all. If it doesn't, it will be gone. Everything needs a process. It's just a matter of making more or less. Recently, the market has plummeted, so you can start

5. You need to install an e-wallet first, and you need to find a mobile hard disk backup to be more secure. But there is no absolute security in the world. We can only find a way to save more. Then choose a large exchange, buy the money and put it in your wallet. I'm currently operating in the okex bitcoin exchange. Its reputation is very good. You can have a try.

6. Klaytn cooperates with software / hardware wallets, device manufacturers, financial institutions, global NFT market and blockchain Service Statistics website to further expand klaytn NFT blockchain ecosystem.

7. As a novice to invest in digital currency, we should pay attention to its authenticity and security.

8. Digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy. Digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games
investment in digital currency is extremely risky. If you really want to invest, you can choose a platform, which is very important, because once there is a problem with such a platform, all the investment can not be recovered. There are many investment channels in modern society. You don't even know how to invest, so it is suggested that you should resolutely avoid investing and never do things you are not familiar with or understand
last but not least, I hope it will be useful to you: digital currency is doomed to lose everything from the beginning.

9.

According to Article 10 of the law of the people's Republic of China on the promotion of private ecation (implemented on September 1, 2017), social organizations holding private schools shall have the legal personality

Indivials who run private schools should have political rights and full capacity for civil conct

Private schools should have the conditions of legal person

Article 11 the establishment of private schools shall meet the needs of local ecational development and meet the requirements of the ecation law and other relevant laws and regulations

the setting standards of private schools refer to the setting standards of similar public schools at the same level

Article 12 the establishment of non-governmental schools that implement diploma ecation, pre-school ecation, self-study examination and other cultural ecation shall be examined and approved by the administrative department of ecation of the people's government at or above the county level within the limits of authority prescribed by the state; Running private schools with vocational qualification training and vocational skills training shall be examined and approved by the administrative department of human resources and social security of the people's government at or above the county level within the limits of authority prescribed by the state, and a shall be sent to the administrative department of ecation at the same level for the record

Article 13 to apply for the establishment of a private school, the sponsor shall submit the following materials to the examination and approval authority:

1. The application report shall mainly include: sponsor, training objectives, school scale, school level, school form, school conditions, internal management system, fund raising, management and use, etc

2. The name and address of the sponsor or the name and address of the sponsor

(3) source of assets, amount of funds and valid supporting documents, with property rights clearly stated

4. The donation agreement should be submitted for the donation of the school property, including the name of the donor, the amount of the donated assets, the purpose and management methods, and the relevant effective supporting documents

The examination and approval authority should make a written decision on whether to approve or not within 30 days from the date of accepting the application for the establishment of private schools

for those who agree to the preparatory establishment, the approval letter for the preparatory establishment shall be issued. If they do not agree to the preparation, the reasons shall be explained

the preparation period should not exceed three years. If it has been more than three years, the sponsor shall make a new declaration

Article 15 in applying for the formal establishment of a private school, the sponsor shall submit the following materials to the examination and approval authority:

1

2

3. The constitution of the University, the list of members of the first Council, board of directors or other decision-making bodies of the University

4. Effective proof documents of school assets

5. Qualification documents of principals, teachers and accountants

Article 16 those who have the conditions for running a school and meet the standards for establishment may directly apply for formal establishment, and shall submit the materials specified in Article 13 and Article 15 (3), (4) and (5) of this law

Article 17 If an application is made for the formal establishment of a private school, the examination and approval authority shall, within three months from the date of acceptance, make a written decision on whether or not to approve the application and serve it on the applicant; Where an application is made for the formal establishment of a non-governmental institution of higher learning, the examination and approval authority may also make a decision on whether to approve the application in writing within six months from the date of acceptance, and serve it on the applicant

{rrrrrrr}

extended information:

the following is the notice on further standardizing the management of private vocational skills training schools:

license and registration management of newly established private schools

1, from September 1, 2017, All newly established private vocational skills training schools should indicate the form of for-profit or non-profit school running and carry out license registration

2. The newly established for-profit private vocational skills training schools should formulate school regulations in accordance with the administrative regulations of the instrial and commercial department, In accordance with the notice on standardizing the registration and administration of the names of for-profit private technical colleges and for-profit private vocational skill training institutions, Article 9 of the detailed rules for the implementation of classified registration of private schools, and Article 15 and Article 16 of the measures for the implementation of classified registration of private schools in Ningxia Hui Autonomous Region, register with the administrative department for Instry and commerce

3. The non-profit private vocational skills training school formulates its articles of association in accordance with the regulations on the management of private non enterprise units. If it complies with the regulations on the registration and management of public institutions such as the Interim Regulations on the registration and management of public institutions, it shall comply with Article 7 of the detailed rules for the implementation of classified registration of private schools and Article 13 of the measures for the implementation of classified registration of private schools in Ningxia Hui Autonomous Region, They should register with the civil affairs department and the registration administration of public institutions

4. Before the existing private vocational skills training schools make non-profit or profit-making choices, they should run and manage according to the requirements of non-profit private non enterprise units, and should not extract or extract reasonable returns in disguise

In accordance with Article 9 of the law of the people's Republic of China on the promotion of civilian run ecation, the newly registered private vocational skill training schools should increase the construction of Party organizations

source of reference: China government website - law of the people's Republic of China on promoting private ecation

source of reference: Ministry of ecation of the people's Republic of China - Implementation Rules for classified registration of private schools