Why has the price of Ethereum currency been falling recently

1. About digital currency, say some of their own views, you listen to, feel unreasonable just laugh
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 whether it is the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no purchase value and can only be sold to others. I think it's a fraud.

2. In fact, the rise and fall of digital currency is a normal situation. The key is to see whether you are optimistic about its long-term value. Relatively speaking, if the long-term value is worth investing in, then the short-term decline can be ignored. At the same time, if you don't know much about digital currency users, it is recommended to choose a reliable and good platform for investment. The investment period needs more than six years, Word of mouth should always be good, you can take a look at AEX, fire coin these two, but also more reliable, you can also understand their own network first

3. Today, ether currency opened at US $181.45, with the highest rising to US $182.13 and the lowest falling to US $176.25. The current price is 181.39, which shows that the overall trend is declining. However, whether ethereal currency is up or down, it can buy profits in the realm kingdom.

4. You can check the market of Ethereum on non trumpet, but you can't trade it. The trend of Ethereum in the past two years can be described as from heaven to hell, with a very large decline. If you want to invest, you can go to the digital currency exchange. At present, the mainstream digital currency trading in the market includes coin security, fire coin network, bitnet, etc.

5. On June 12, 2017, the price of Ethernet currency broke through $400, a record high. From $8 in February 2017 to $400 on June 15, 2017, the price of Ethernet currency has increased 50 times. However, in the past two years, the currency circle has entered a bear market, and the price of Ethereum has fallen sharply. Now it is still an opportunity to short Ethereum. Investors can log on to the bitnet exchange and participate in Ethereum's short trading.

6. Generally speaking, ETF will rise when the stock goes up, and ETF will fall when the stock goes down. On Friday, the stock rose sharply, so ETF should not fall, but it also depends on what kind of proct you buy.

7.

On April 18, 2021, the global virtual money market plummeted, and the cryptocurrency market experienced the most serious slump in history. On a 24-hour basis, bitcoin has plummeted by more than 16%, Ethereum has plummeted by nearly 20%, coin an has plummeted by 17%, and reborn has fallen by 26%. Within one day, more than 620000 people were liquidated, and the amount of liquidation exceeded US $5579 million. Brian bull, CEO of coinbase, a virtual currency exchange; Armstrong sold $290 million of the company's shares, bringing the total market value of its insiders to more than $4.6 billion. In addition, alexia & middot, the chief financial officer of coinbase; Haas cashed out about $99.32 million at $388.73

it is reported that the ability of cloud computing is to split the mining machine into independent units. The mine provides mining machine computing power leasing services. Investors only need to purchase the calculation contract to & lt; Cloud mining;, Get the corresponding virtual currency. On several cloud computing platforms, it is found that the rate of return declared by each platform is not low, and some annual rates of return even exceed 100%. At the same time, cloud computing capacity is also facing huge risks. In the absence of third-party guarantee and supervision, cloud computing capacity sometimes faces huge risks

8. split

9.

Recently, the attention of the emerging cryptocurrency, dogcoin, has been on the high side. In this round of sharp decline caused by the cryptocurrency "big market" bitcoin, dogcoin has been falling all the way; It fell to as low as $0.4 a piece and was almost cut off. As for the reasons for the sharp drop of the currency circle, the foreign exchange survey has some opinions:

1, the demand for the currency circle has decreased

under the trend of epidemic spreading, there are fewer transactions around the world, people become more conservative, and the total amount of social consumption is greatly reced. At this time, the transactions settled with bitcoin are greatly reced, the demand is reced, and the price will fall

The risk of price collapse is high

affected by capital speculation, the price of virtual currency has gone up and down, which makes it difficult for ordinary investors to predict and easily lead to position explosion and loss. In history, cryptocurrencies such as bitcoin have suddenly dropped at the peak for more than ten times. Recently, behind the dog coin's crazy rise and then plummeting, is a "leek cutting game" in which the capital tycoons represented by "Musk" reap ordinary investors

3. Virtual currency has no intrinsic value and the risk is very high

virtual currency does not have the function of currency transaction in essence, and it is not recognized by any country in the world. At present, the price of cryptocurrency is rising sharply, mainly e to speculation caused by market speculation. Once countries in the world explicitly deny the value of these virtual currencies that are not controlled by the state, the virtual currency will instantly become worthless, And the virtual currency held by the majority of investors will be completely locked up

although dog coin is now the fourth largest cryptocurrency with a market value of 68 billion US dollars; Second only to bitcoin, Ethereum and coin. It may be the "asset" with the biggest increase in recent years. However, the reason why people can not establish their faith is that the market has not yet reached a certain consensus, and they do not understand what role the dog coin will play in the future. From the perspective of investment, for such cryptocurrencies, which are not practical and mainly rely on financial attributes to tell stories, it is quite worrying to tell the truth

in terms of investment, cryptocurrency is very promising, but please be cautious no blind obedience and no faith in dog money; Dog coin, as musk put it, "is just a fun collection" or "joke."