How to invest digital currency
money, as a measure of transaction value, does not necessarily have value in itself, it can only be used as an intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure if it's the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no value as currency circulation and can only be sold to others. I think it's a fraud.
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 saiddigital 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
"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
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 currencyafter 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
at present, most of the larger digital currency exchanges, such as binance, coinbase, Kraken and bitfinex, are abroad, and even some exchanges have stopped registering new users, which makes it inconvenient for domestic users to buy. If you want to invest in digital currency, there are also some digital currency P2P trading platforms which are located overseas but provide Chinese services. However, we should pay attention to the risks and whether the platform is safe and reliable
in fact, there is only a line between investment and speculation in digital currency. Although judging from the price changes in the past few years, such projects have the characteristics of high return, compared with the existing investment channels, such projects also have very high risks. It can be expected that some countries will issue digital currency with public power endorsement in the future, but we can't make a clear judgment about the future trend of the existing digital currency. But whatever you do, you need to be aware of the risks.
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bus line: Hangzhou Metro Line 1, the whole journey is about 22.2km
1, walk about 780m from Xiasha to Gaosha Road Station
2, take Hangzhou Metro Line 1, pass 14 stops, reach Ding'an Road Station
3, walk about 410m to Shangcheng District
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