The difference between digital currency and stock market

1.

1. The concept range is different. bitcoin is a kind of digital currency, and the concept of digital currency covers bitcoin

However, some digital currencies have independent issuers

The biggest difference between bitcoin and other virtual currencies is that the total quantity of bitcoin is very limited and it has a strong scarcity. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to 21 million

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. Bitcoin is a digital currency

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. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold

today's digital currencies, such as bitcoin, lettercoin and ppcoin, are electronic currencies created, issued and circulated by means of check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency

< H2 > extended data

illegal digital currency

in recent years, "virtual currency" represented by bitcoin, Ethernet currency and Leyte currency has been traded centrally on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life

not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender (legal currency) issued by monetary authorities, but a specific virtual commodity in essence

therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing

2. Stocks are not traded 24 hours a day, and there is a limit on the rise and fall of stocks. Digital currency is traded 24 hours a day. There is no limit on the rise and fall of stocks, so it can be traded freely. So now many speculators have switched to digital currency trading.

3. The difference between digital currency speculation and stock speculation:
1. In terms of time, there is a time limit for stock speculation, but there is no time limit for currency speculation
the time limit of stock speculation is very strict, opening at 9:30 a.m. and closing at 11:30 a.m; It opens at 13:00 p.m. and closes at 15:00 p.m. with 4 hours of trading a day and 20 hours of trading a week. However, there is no such limit to speculation, trading 24 hours a day. Because the currency market is open to all over the world, in order to enable everyone to participate in trading and break the trouble caused by time difference, a 24-hour all day trading mode has been set up
2. In terms of the range of rise and fall, the stock market has the limit of rise and fall, but the currency market does not
the daily fluctuation of stock market can't exceed 10%, but the fluctuation of currency market is very huge. For example, on September 4, 2017, the central bank issued an announcement, pointing out that domestic financing activities in the form of issuing tokens, including initial token issue (ICO), are suspected of engaging in illegal financial activities, seriously disrupting the economic and financial order. The announcement triggered a major earthquake in the currency circle, and all currencies plummeted. After the central bank document was issued at 3:00 p.m. on September 4, all virtual currencies dived. The currencies in the trading area fell by about 4% - 20% in three days, and the currencies in the innovation pilot zone fell by about 15% - 50%

warm tips:
1. The above explanations are for reference only
2. Before investing in digital currency, it is recommended that you first understand the risks of the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: March 11, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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4. Big difference: first of all, stocks correspond to the real economy, with fundamental support, while digital currency does not. Secondly, the trading volume of the stock market is active (even the bear market is more active than the numerical currency), and many technical analysis can be applied to a certain extent. The last is legal risk

5. Shanniu finance and Economics:
1. Different trading objects
stock market: stock is purchased by the stock market, and stock is the certificate of ownership issued by a joint-stock company, which is a kind of valuable securities issued by a joint-stock company to each shareholder as the certificate of shareholding in order to raise funds and obtain dividends and dividends
and each share represents the ownership of a basic unit of the enterprise. Behind every stock is a listed company. At the same time, every listed company issues shares
currency market: what the currency market purchases is digital token or token, which is essentially a series of digital codes. The market generates transactions based on the trust expectation of the token value< Second, investors are different
stock market: to open a stock account, you must confirm on site, and procts with different risk levels need to be audited by qualified investors
currency market: without any restrictions, you can operate the relevant trading website or software Some exchanges in some countries and regions need real name authentication)
3. Trading places
stock market: stocks can only be traded on stock exchanges. China's stock market is only traded on Shanghai Stock Exchange and Shenzhen Stock Exchange. A stock can only go to one exchange
currency market: digital currency exchange or point-to-point over-the-counter transaction can complete the transaction of digital currency. A digital currency can be traded on multiple exchanges at the same time. Understand this difference, you can understand why there is brick arbitrage in the currency market, but not in the stock market< 4. Trading rules
stock market:
trading time: from Monday to Friday (except statutory holidays); 9:30 a.m. - 11:30 p.m. - 13:00 p.m. - 15:00 p.m
the fluctuation range is limited: the fluctuation in a single day can not exceed 10%
trading unit: the trading unit of the stock is "share", 100 shares = 1 hand, and the number of entrusted purchase must be 100 shares or its integral multiple< Currency market:
1
2. There is no limit on the range of rise and fall: 50% rise or fall in one day may occur
3. Trading unit: different exchanges have different regulations on the number of single transactions in different currencies. Take bitcoin as an example, its minimum unit is Satoshi Cong, 1 Cong = 0.00000001 bitcoin, 1 Satoshi = 0.00000001 BTC
however, most bitcoin transactions stipulate the minimum number of transactions. For example, the minimum number of bitcoin transactions of okcoin is 0.01< 5. Different regulatory agencies
stock market: China's stock market is managed and supervised by the China Securities Regulatory Commission (CSRC), which is responsible for maintaining the order of the securities market and ensuring its legal operation
currency market: the currency market is a highly free market in the world, which is not fully monitored by any country, but is subject to the regulatory policies of various countries. The transaction information is highly transparent, and any trader can query all transaction records through the blockchain browser< 6. Different ways to raise funds
stock market: stock companies issuing shares to raise funds need to be under the management and supervision of the Securities Regulatory Commission of various countries. They can only be approved to be listed and issue shares to raise funds after being strictly reviewed by the CSRC and meeting relevant standards through a series of conditions
currency market: without any institutional audit, indivials and institutions can raise funds through ICO (initial public offering), private placement, bifurcations, etc., without any supervision, and investors are not protected
the correct investment posture of currency market is to correctly treat the similarities and differences of risks between stock market and currency market and reasonably allocate funds. In a bear market, we need to calm down and seriously consider the layout, so that we can see opportunities in a bull market.

6. Big trading platforms such as hotcoin pro, Xigu and OK are more reliable, because they usually take the initiative to eliminate bad money into the market in order to maintain public praise. For example, fire coin Pro only has 100 digital currencies on line. Although some potential God coins may be eliminated, generally speaking, they still have a bottom in mind.

7. At present, blockchain e-commerce is a liar. You don't have to think about it
the underlying network is not perfect, how to design software on the upper layer?

8. As bitcoin plummeted, more and more unemployed analysts in the stock market came to analyze the disk of the coin circle, which once gave many people confidence< Some people say that the currency circle is the Chinese stock market at the beginning of the 20th century, and there are huge opportunities hidden in it. Some people think that these are bubbles.
in the eyes of most people, the market of digital currency is still a blue ocean. Although it is still in its early stage of development, many people have put all their wealth into it
for many investors who turn from stock market to currency circle, the currency market is easier to start, so is currency speculation the same as stock speculation? What's the difference between them? We will interpret the differences between the two from three perspectives: strategic level, structural level and phenomenal level
strategic level
strategic level is the initial intention and idea of investment, and the idea of stock market and currency market is also different, which determines how far you can go on this road
first, cognition
we must understand what the purpose of your blockchain investment is, whether you want to be a gambler or a long-term value investment for a few years< As we all know, gambling is a zero sum game. If someone loses money, someone must win. And for casinos or makers, the advantage of mathematical probability can ensure that they win without losing
the stock market is also a zero sum game. The money you win in the stock market must be lost by other investors. But in the long run, if you take the value investment strategy, then the stock market is an incremental market, because the operating income of listed companies will increase the total amount of capital on the stock market
the currency market is different. When you invest in blockchain, you are not only interested in the development of a project, but also in the development of the instry itself
in addition, you need to see the fact that most people in the blockchain instry are speculating in money, but not many people really do practical things< You should know that in the currency market, investors are not subject to any supervision and protection. Rise and fall at random, there is a risk of clearing at any time, and e to the immature technology, hackers often steal money risk
the mentality of retail investors is the psychology of most people in the market. In addition to the above, the running of the project side and the agent investment are very normal, resulting in the loss of money in the end. Everyone is pursuing a dream of wealth, but this dream itself may be false. Many people are on the wrong road from the beginning
in the stock market, most companies at least have business models and business models, while in the currency circle, many projects start ICO without even a white paper, and many people are crazy to pursue investment, which is very terrible
and you are the gambler who can be harvested by the dealer at any time
gambling itself is not terrible. The terrible thing is that you don't know you are gambling
structure layer
structure layer includes risk management and income control, as well as the current technology application scenarios of digital currency
first, risk
the only way to invest is to avoid risks. If you can't do a good job in risk management, it's equivalent to a headless fly. Let's take a look at policy risks first
stock market: China's stock market is managed and supervised by China Securities Regulatory Commission, and the state can regulate the stock market through policies. Stock trading has legal trading place, fixed trading time and limit of rise and fall, so the risk is controllable
currency market: except for the influence of different policies of different countries, it is not subject to any supervision and investors are not protected. And rise and fall at will, at any time to zero
from last year's 94, to this year's two sessions, G20 summit, to the SEC (US Securities and Exchange Commission), we can see that currency prices and policies are inseparable. It takes only a few minutes for a document to come down and plummet
besides policy risks, there are also technical risks
in February 2014, mt.gox advertised on the website page to stop the transaction and then filed for bankruptcy. Due to hacker attacks, a total of 744000 bitcoins were stolen, and this loss has not been found for many years. In addition to 750000 bitcoins of the platform, Mentougou claimed that 100000 bitcoins of the platform itself were also stolen. In other words, 850000 bitcoins were lost in this theft
not to mention the famous "Mentougou" incident, the asset theft incidents of other exchanges often occur many times a year. Once stolen, the currency price falls sharply, and the market will be affected
in addition, in order to achieve decentralization, bitcoin must have lost something, that is, efficiency. The bitcoin world emphasizes fairness, while the real world emphasizes efficiency
the disadvantages of bitcoin as a financial proct are slow transfer time and high handling charges< Second, the rate of return
compared with yu'ebao and P2P, although speculation in stocks and currency is no less than gambling, their rate of return is still different

compared with money funds, bonds and index funds, the stock market has high risk and high return, but in casinos and currency markets, it is actually a moderate risk and moderate return place
as long as it's not the irregular stock market of a certain country or the economic crisis like 1929 and 2008, it's not easy for investors to lose and lose
how high is the high yield of the currency market? As we all know, the average annual return of stock god Warren Buffett's position is only 20%, but the digital assets of many currency markets have increased by hundreds, thousands or even tens of thousands of times in just a few years. In particular, last year's isio, as long as it participated, was several times or even dozens of times
however, except for the mainstream currencies, the fluctuation of most Shanzhai currencies can not be described as big. It is just the so-called stock market has a drop limit, while the currency market has a return to zero< Thirdly, application scenarios

blockchain has the idea of decentralization. When the future development of basic information technology facilities makes efficiency no longer a problem, the demand for decentralization will become stronger and the change will be more fierce. This change is the uncertain factor of blockchain investment
although many projects have been implemented, it still does not mean that they have solved practical problems. We should know that all procts in the Internet era are implemented, while most of us only invest in concepts in the blockchain era
it is certain that more and more governments, banks and national institutions are beginning to apply blockchain technology, while quantitative change leads to qualitative change, and real good projects will fade with the tide, so that investors can get higher returns
phenomenon layer
the phenomenon layer mainly includes the policies and rules of different countries for digital money market
first, the transaction is different
the stock market: the stock market purchases the stock, and the stock is the certificate of ownership issued by the joint-stock company, which is a kind of valuable securities issued by the joint-stock company to each shareholder as the certificate of shareholding in order to raise funds and obtain dividends and dividends
and each share represents the ownership of a basic unit of the enterprise. Behind every stock is a listed company. At the same time, every listed company issues shares
currency market: what the currency market purchases is digital token or token, which is essentially a series of digital codes. The market generates transactions based on the trust expectation of the token value< Second, investors are different
stock market: to open a stock account, you must confirm on site, and procts with different risk levels need to be audited by qualified investors
currency market: without any restrictions, you can operate the relevant trading website or software Some exchanges in some countries and regions need real name authentication)
3. Trading places
stock market: stocks can only be traded on stock exchanges. China's stock market is only traded on Shanghai Stock Exchange and Shenzhen Stock Exchange. A stock can only go to one exchange
currency market: digital currency exchange or point-to-point over-the-counter transaction can complete the transaction of digital currency. A digital currency can be traded on multiple exchanges at the same time. Understand this difference, you can understand why there is brick arbitrage in the currency market, but not in the stock market< 4. Trading rules
stock market:
trading time: from Monday to Friday (except statutory holidays); 9:30 a.m. - 11:30 p.m. - 13:00 p.m. - 15:00 p.m
the fluctuation range is limited: the fluctuation in a single day can not exceed 10%
trading unit: the trading unit of the stock is "share", 100 shares = 1 hand, and the number of entrusted purchase must be 100 shares or its integral multiple< Currency market:
1
2. There is no limit on the range of rise and fall: 50% rise or fall in one day may occur
3. Trading unit: different exchanges have different regulations on the number of single transactions in different currencies. Take bitcoin as an example, its minimum unit is Satoshi Cong, 1 Cong = 0.00000001 bitcoin, 1 Satoshi = 0.00000001 BTC
however, most bitcoin transactions stipulate the minimum number of transactions. For example, the minimum number of bitcoin transactions of okcoin is 0.01< 5. Different regulatory agencies
stock market: China's stock market is managed and supervised by the China Securities Regulatory Commission (CSRC), which is responsible for maintaining the order of the securities market and ensuring its legal operation
currency market: the currency market is a highly free market in the world, which is not fully monitored by any country, but is subject to the regulatory policies of various countries. The transaction information is highly transparent, and any trader can query all transaction records through the blockchain browser< 6. Different ways to raise funds
stock market: stock companies issuing shares to raise funds need to be under the management and supervision of the Securities Regulatory Commission of various countries. They can only be approved to be listed and issue shares to raise funds after being strictly reviewed by the CSRC and meeting relevant standards through a series of conditions
currency market: without any institutional audit, indivials and institutions can raise funds through ICO (initial public offering), private placement, bifurcations, etc., without any supervision, and investors are not protected
the correct investment posture of currency market is to correctly treat the similarities and differences of risks between stock market and currency market and reasonably allocate funds. In a bear market, we need to calm down and seriously consider the layout, so that we can see opportunities in a bull market
we will graally issue investment suggestions on the currency market later. Welcome to zhenxiao blockchain, we will accompany you all the way.

9. The stock market is safe! The illusory nature of digital currency