How to buy virtual currency 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.
according to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by the monetary authority, does not have legal compensation and mandatory monetary attributes, is not a real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transaction of virtual currency are not protected by law
warm tips:
1. The above explanation is for reference only. Before investing, it is suggested that you first understand the risks existing in 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
2. Investors should not use such information to replace their independent judgment or only make decisions based on such information, which does not constitute any investment operation
response time: February 18, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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advantages
complete decentralization, without issuing institutions, it is impossible to manipulate the number of issues. Its distribution and circulation are realized through open-source P2P algorithm
anonymity, tax exemption and supervision free
robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear
cross border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records
it is difficult for the cat to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency. But these counterfeit currencies are fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency. Many Shanzhai coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical.
new coins or Shanzhai coins are now issued in a variety of ways, but most of them are pit coins. One of the characteristics of coins is that at the beginning, they are often sent in large quantities or issued at a low price. When the exchange is ready to start trading, the total amount of money held by the general developers and the big dealers is already very high, and there are still a lot of large investors, As a novice, I can only judge that it's a small retail investor. At this time, if you buy leeks to be cut, the rise of the currency seems to be very good, but it's actually deceptive, because the big investors are in it, the circulation is very small, as long as the amount of capital is small, it can rise very well. However, in fact, the external order is far less than the internal order, As long as there is internal delivery, you don't need a large quantity to get the price down. If you buy small retail investors, you will die. If you catch up blindly, there will be no turning over time
in fact, there are not many opportunities to make money, and the risk is huge
so what to do? It's actually very simple, that is, don't buy, just roll money. Now there are a lot of free money issuers. If you are free, roll money. If you are lucky, sell money when it goes up on the stock exchange, and the money will come in vain
so you want to ask? What if no one buys free money? If no one buys it, it's not worth money, it can't go up, and it can't be sold? In fact, as long as the Shanzhai coin can be listed on the stock exchange, there will be more or less, or at least some increase, because it's very simple. If the coin has a market, the market maker will have to raise the price to attract buyers, the outer market will have to buy, and the inner market will go away. The inner market has a large quantity, and it's not clean. Then it will be forced to rise for a period of time. You don't have to worry about this, You see, it's almost as good as a discount
but the principle of making money is that you should never chase up the price. You should not buy but sell. You must have a good mentality. If you can earn tens of thousands of yuan from a counterfeit variety, you should work hard at ordinary times. Making money from money in your spare time is to supplement your family, because the level of players is getting higher and higher. It will be more and more difficult to make profit from money, and you can't do serious work.
As of 2019, the digital currency seminar of the people's Bank of China was held in Beijing to further clarify the strategic objectives of the central bank's issuance of digital currency, do a good job in tackling key technologies, study the multi scenario application of digital currency, and strive to launch the digital currency issued by the central bank as soon as possible. At present, it is under study, and many problems need to be improved slowly
digital currency is a double-edged sword. On the one hand, the blockchain technology it relies on has been decentralized and can be used in other fields except digital currency, which is one of the reasons why bitcoin is popular; On the other hand, if digital currency is widely used by the public as a kind of currency, it will have a huge impact on the effectiveness of monetary policy, financial infrastructure, financial market and financial stability
If digital currency is accepted by the public, its use will increase greatly and replace legal currency to a certain extent, then negative events such as network attacks on user terminals related to digital currency will cause currency fluctuation, which will have an impact on financial order and real economyin addition, the virtual currency based on blockchain technology is usually held by a few people at the beginning. For example, the first purchase of bitcoin in May 2010 was $25 pizza purchased by 10000 BTC, and the price of each bitcoin rose to $1200 in more than three years by the end of 2013