Fall into the trap of virtual currency investment
Because now people are influenced by some comments on the Internet, such as bitcoin, its value has increased many times since it came into being, people think that virtual currency should be a very promising thing, so many people follow suit
if you really have a lot of spare money, you can consider investing in some stable bonds, some science and technology innovation board and stocks, but don't invest too much in virtual currency
It is difficult to avoid the typical risks related to the payment system. In a specific virtual community, virtual currency payment activities have evolved into a "real" payment system, facing the typical risks related to the payment system: credit risk, liquidity risk, operational risk and legal risk. The nature, scale and ration of these risks largely depend on the design of the system or the degree of lack of liquidity. It is difficult for the network virtual currency scheme to avoid or control these risks. According to the core principles of important payment system (CP) issued by the bank for International Settlements (BIS), the network virtual currency scheme does not conform to most of the contents of CP, and does not belong to the systemically important payment system. Therefore, it will not cause or transmit shocks to the global financial system. At present, there is no systematic risk in the network currency system outside these virtual communities
2. Lack of corresponding supervision and protection mechanism
in the real economy, the central bank plays the role of lender of last resort and there is no default risk, so it can take actions in the case of payment crisis or unpredictable liquidity shortage to avoid chain reaction. In the network virtual currency scheme, network currency is not the settlement asset. Because network currency simply depends on the credibility of the issuer, it can not be widely accepted as a means of payment, so network currency can not be regarded as a safe currency. In addition, commercial banks are required to accept prudential supervision, which reces the possibility of default. The security of money in commercial bank accounts is higher than that of network currency. A fundamental risk of network currency is that the settlement institution of network currency scheme is not subject to any supervision, no institution is responsible for its behavior, and there is no investor / depositor protection mechanism, which causes the user to bear all the risks
(4) risk of absence of supervision generally speaking, supervision lags behind the development of science and technology. The network virtual currency program was established in the late 1990s, but it was not until 2006 that some government agencies in the United States began to analyze these programs. Due to the lack of supervision and the anonymity, invisibility and difficulty in tracking of its transactions, the network virtual currency scheme is easily used by terrorist activities, fraud, money laundering and other illegal activities. At present, many government departments in many countries are considering whether to recognize or legalize these virtual schemes and bring them into the scope of supervision, so as to support the innovation of currency and payment forms, protect consumers' rights and interests and financial stability, and restrain the use of virtual currency schemes to engage in criminal activities. At present, the uncertainty of the legal status of the virtual currency scheme may also bring challenges to the government authorities
The reputation of Monetary Authority (central bank) is the key factor to determine the effectiveness of its policies, especially monetary policy. The public's trust in fiat money is closely related to the image of the central bank, which pays close attention to its reputation. The ECB will define reputation risk as the risk of deterioration of reputation, credit or public image. As the network currency scheme is related to money and payment, it is generally believed that it belongs to the responsibility of the central bank, so it is necessary to guard against the reputation risk it may bring to the central bank. Although in the case of small scale, the impact of the failure of the network currency scheme is limited, its high volatility and instability also increase the possibility of failure and attract extensive media coverage. If the network currency is allowed to develop continuously without regulation, the central bank may be regarded as dereliction of ty and affect its reputation Compared with the exchange value, the public has a higher recognition of the investment value of network virtual currency, and it is the transaction based on investment that accelerates the formation of virtual currency market. Like other investment markets, the participants of virtual money market will also face the potential losses caused by market risk, credit risk and policy risk. Take the bitcoin as an example: from 2009 to the beginning of 2010, bitcoin was worthless; In the summer of 2010, bitcoin trading began to enter the golden age. Because the supply was far less than the demand, the value of online trading began to rise. In early November, bitcoin was silent at 29 cents for many days, and then jumped to 36 cents; In February 2011, the bitcoin continued to appreciate, and its exchange rate with the US dollar reached 1:1; In 2013, the bitcoin price achieved a "Big Bang" growth, and hit US $1242 on November 29, 2013, exceeding the gold price of US $1241.98/oz in the same period. Fierce price fluctuations make market participants face huge speculative risksunlike mature capital markets such as stocks and bonds, bitcoin market is not deep enough, and it is mainly held in the hands of large investors with low degree of diversification. Bitcoin price is easily affected by large investors' trading behavior and controlled by speculators. At the same time, different countries have different attitudes towards bitcoin. Germany, the United States and other countries hold an open and supportive attitude. Thailand, Brazil and other countries regard bitcoin related activities as illegal. Every country's attitude and measures will have a significant impact on its price, especially in the short term
1. Every day catching dolls
2, YY catching dolls across the air
3, happy clip dolls
4, karaku catching dolls
5, all people catching dolls
6, happy catching dolls
and others as shown in Figure
{rrrrrrr}
According to the market database of digital currencies in the UK, there are 10 kinds of digital currencies with "bitcoin" in their names. It's OK to call it bitcoin. But now the mainstream of the transaction is bitcoin, accounting for 33.92%
source: all digital currency quotes
Because of greed, everyone has the psychology of greed
blockchain technology has broad prospects, bitcoin and other virtual currencies have become the hot objects of many investors. In this wave & lt; Currency speculation; Some black platforms for virtual currency trading emerge as the times require; Cut leeks & quot; The new routines of the new era appear frequently. A few days ago, under the guise of trading on bitcoin platform, a fraud Gang defrauded nearly 800 investors of tens of millions of yuan in just three months and was investigated. The act of fabricating facts or concealing facts to defraud a large amount of public or private property for the purpose of possession according to law
The sales of
virtual currency can earn 7% - 12% of net deposit. Low threshold and high return jobs attract some young people who have just graated or even have a high degree to join. On guard against & lt; Killing pigs & quot; At the same time, we should prevent young people from going astray. At the same time, young people should establish a correct concept of choosing a job, and have a detailed understanding of the company's background, qualification, business, and source of income before entering the job, so as to get rid of the fluke mentality under the temptation of low threshold and high income, be careful not to touch the bottom line of the law, and do not let their professional knowledge become an accomplice in illegal activities
after the establishment of the company, the gang bought second-hand luxury cars to show up for the company, and then hired professionals to operate in the back. After all the preparations were ready, they used various means to attract customers to buy their wine and other things, and gave them a virtual currency to get more money through the virtual currency a lot of people are cheated by them. After purchasing procts, they own virtual currency, and after seeing profits, they invest more money. The most serious people are even cheated by more than 1 million. Later, the behavior of these people exposed, or because of their internal contradictions, leading to behind the trader was reported. After the incident was exposed, these people were taken away by the police for investigation, and only those who bought red wine in their company knew that they had been cheated. The so-called investment in virtual currency was a game played by the people of this company
it is possible for us to gain profits by investing in virtual currency, but we must invest through formal channels, and do not believe in some virtual currencies that are not available in the market at all. Of course, there are risks in investment. A small number of people can get profits, but most people will only lose their money. Therefore, before investing, we must carefully analyze the situation and actively learn relevant knowledge. If we really can't understand it, we can use a small amount of money to explore it slowly. In fact, virtual currency fraud is a very common thing, and many bad guys are focused on it. They can share some training materials for free to recommend software or websites for speculating in virtual currency. However, these software or websites are actually controlled by themselves, not any formal software or website
because the currency circle is a kind of venture capital, in other words, it is the gathering place of speculators
for those who like to invest in virtual currency, they may overemphasize the potential return brought by virtual currency, but ignore the risk brought by investment. We need to know that the risk of the stock is already great, and the risk of the virtual money market is greater than that of the stock, and it may even appear the possibility of doubling and clearing in a few minutes
let me talk about the current market of bitcoin and Shib
we can understand bitcoin as the boss of virtual currency, and Shib as the counterfeit version of dogcoin. When musk announced that Tesla would no longer accept bitcoin payment, the entire virtual currency market was greatly affected, and almost all virtual currencies had a sharp decline. Bitcoin even plummeted by more than 11% at one time, and many investors suddenly burst their positions and lost their money. For Shib, it has soared about 30 times a few days ago and is still in the process of correction{ RRRRR}