Btet virtual currency platform
bitcoin is a scam
because bitcoin is a kind of virtual currency, most of which are unregulated and bypass the traditional banking system. Its sharp rise worries regulators around the world. Jamie Dimon, JPMorgan's president, described bitcoin as & quot; A scam & quot;. Because compared with bitcoin, it's not real, it's going to end in the end
virtual currency similar to bitcoin is based on blockchain technology. It is a kind of accounting technology using anonymous computer network operation. No government or central bank has endorsed bitcoin. Therefore, no one can support the value of bitcoin
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pyramid selling is to absorb and allocate funds by developing the relationship between the upper and lower line. In the bitcoin investment market, the elderly and new people do not have the time advantage, nor do they rely on high profits to pull down the line. In the face of market fluctuations, no one can guarantee that they will make money, and the elderly can not force them to get income from pulling new people
bitcoin or other digital currency does not belong to any person or organization. It is an uncontrolled and decentralized program. The code is fully developed, and the total amount cannot be modified or destroyed
Bitcoin is a kind of P2P digital currency. Stocks are risky and should be bought with caution
the risk of stock can be divided into systematic risk and non systematic risk, including policy risk, macroeconomic cycle, international crisis, major changes in exchange rate and interest rate, political and war and other uncertain factors, business risk, financial risk, investor operational error risk, management risk, liquidity risk and so on
the most important thing is that systematic risk can not be avoided by diversifying investment or strengthening portfolio management, while non systematic risk can be effectively avoided by diversifying investment and active management. More importantly, when it is judged that there is no significant systematic risk in the latest time and the market will go bull again, We should choose the securities which have the highest correlation with the market risk as the investment object in order to obtain the excess return
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precautions:
1. Whether the market is in the early stage of the rising cycle? Yes? Buy stocks
2. Which sector is beneficial to macroeconomic policy and public opinion guidance, which stocks are the representative of this sector, and whether the trading volume is significantly larger than other sectors. Determine 5-10 target stocks
3. Collect all the information of the target stocks, including the company's region, current offer, business trend, annual report, interim report, announcement of the general meeting of shareholders (board of directors), market review and other related reports. We should eliminate the varieties with too large circulation, sluggish stock nature or major problems in operation, and no hope of restructuring for the time being4. The large-scale rise of indivial stocks and the unlimited rise after horizontal consolidation are the signs of highly concentrated main chips and rising control. At this time, transactions are extremely rare, which is a good opportunity to buy in the middle line
there are many financial procts
but those with high returns are unreliable
banks have low returns
it is recommended to choose bank selected procts.
there is little information about this coin on the Internet. It is said that the issue date is July 2018, but there is no information about the primary market and secondary market. That is to say, there is no news of public offering and exchange of the currency. Then, according to its profit model, we can see that it is the old MLM model of beipai blockchain. The 40 day static cost return shows that this team does not want to last for a long time at all. The normal profit model of Shanzhai coin or air coin needs to go to the exchange or private placement to make money from these two aspects, so btet does not rely on these two to make money, it can only rely on the development of the head to make money. As for what is said to make money from transactions, ha ha, this is true regardless of the North-South blockchain pyramid scheme. In fact, it can't keep up with the speed of consumption every day. Moreover, in the current bear market of virtual currency, the technology is not up to standard
generally, the life cycle of blockchain financial disk is about three months to one year. Vpay, which has strong pyramid selling ability and three months of crowdfunding funds, can last about a year to a year and a half. Like those strong ones, you can make more money. Just don't reinvest. Your MLM coin came out in July. There is very little information on the Internet, which indicates that the MLM team is weak. It is likely that it is a trial work of a small team. As soon as possible, it is important to return to the original, never re cast!
take China as an example, because bitcoin transaction is risky and there is no legal basis for its establishment, it should be purchased cautiously
On the evening of September 13, 2017, the China Internet Finance Association issued a reminder on preventing the risks of bitcoin and other so-called "virtual currencies", pointing out that bitcoin and other so-called "virtual currencies" are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal and criminal activities. Investors should be vigilant and report to the police immediately when they find clues of illegal and criminal activities
and stressed that there is no legal basis for the establishment of various so-called "currency" trading platforms in China. Unlike most currencies, bitcoin does not rely on specific monetary institutions to issue, and is an "electronic currency" relying on algorithms. In China, the longest running bitcoin trading platform was founded in China on June 9, 2011
on December 5 of the same year, the people's Bank of China, the Ministry of instry and information technology, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission jointly issued the notice on the prevention of bitcoin risks, making it clear that bitcoin is "not a real currency, but a virtual commodity", and forbidding the Bank of China and Payment institutions to directly or indirectly participate in bitcoin transactions, But ordinary Chinese citizens can still trade bitcoin as a commodity
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in particular, financial institutions and Payment institutions are not allowed to price procts or services with bitcoin, buy or sell bitcoin as a central counterparties, underwrite insurance business related to bitcoin or include bitcoin in the scope of insurance liability, No other bitcoin related services shall be provided to customers directly or indirectly
including: providing bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc
source of reference: People's Network - bitcoin trading risks, strengthen supervision, China is not alone
Network - Notice on preventing bitcoin risks
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