Why do many people in China black digital currency?

Mainly don't understand the value of this digital currency. Some people are deceived by swindlers, too trusting in state propaganda, from right to left, short-sighted and unable to see the world situation clearly. In the final analysis, these people are simple-minded, have no scientific knowledge and can't tell good from bad.

There are several reasons:

1, digital currency is a bit messy. Mainly ico.

Bitcoin was born. Ten years later, everyone realized the importance of digital assets. Most importantly, everyone realized that the underlying technology blockchain of Bitcoin has great application value, so many companies began to study blockchain technology. Companies like Wanxiang were laid out long ago. Each blockchain project has its own assets. Digital currency, many people are willing to sell digital currency. This is a bit like the initial stock issue, corresponding to ipo, named ico. Ico came into this world not long ago. At first, it was just a toy in the geek community, but in the eyes of many smart people and foundations, it was a good opportunity to make money. So he took ico as an angel, went to private placement and traded on the exchange, and his project actually took some time.

Therefore, the first wave of swindlers in this wasteland is mostly. It is normal to say that 95% of ico projects are liars. Just like the Internet around 2000, no one knows what will happen. This situation is similar to the current blockchain.

3. We must pay attention to the prospect of blockchain. Basically, most companies have laid out or begun to lay out in this respect, and most of the production encounters are speculative coins. 20 16, 17, people who make a lot of money by speculating in coins abound. Their legend began to spread, attracting more people to join, and then became the belief of many people.

4, black digital currency, saying that he is a tulip, Ponzi scheme, there are several types of people:

1) People who are extremely risk-averse think that insurance is a lie, financial management is a lie, and digital currency is certainly a lie. These people generally have low academic qualifications, low income and outdated concepts;

2) Some people have made some superficial understanding and think that the risk is extremely high, so they advise others;

3) Some people are stimulated by people around them to be jealous and abandon them;

5. Generally speaking, there are extremely high risks in digital currency. It is suggested that if you are not familiar with or optimistic about the project, do less and see more.

Don't put all your money into it; Do not invest in loans, do not do futures, and do not sell houses.

Many people are black when you play with coins. Let me congratulate you first. At least so far, coins can resist being hacked. If you look at interesting coins, you should think they are valuable. Now they can be hacked at a relatively low price. But I think digital currency is more like a commodity. At present, it is only used to meet the needs of anonymous transactions. It is not scarce (bitcoin is limited, but other currencies can be created at any time in the network), and it does not correspond to any assets. I have a question for you to think about, "What is the value of digital currency? Why is Bitcoin essentially the same as other currencies? Because the famous price of Bitcoin can far exceed other digital currency, does it really reflect its intrinsic value? "

Zheng Xin analyzed in detail the psychology of many people in digital currency and why this phenomenon occurred.

If you are still willing to invest in the currency circle after reading it, the article also provides some practical tips to help you invest.

Everyone's vision and energy are limited. Without the support of actual survey data, it is hard to say that this is a common phenomenon. What you see may be just a few online sprayers and keyboard players, maybe the bookmakers or the media, maybe the players who lose money, or maybe the precise push for some interests, which will create an illusion.

Throw away those false and deliberate information. Let's see what some people who are really in Black digital currency are doing.

The most important thing is losing money. Coin circle investment is basically a profit of two draws and seven losses, which means that most people lose money. Imagine that nine out of ten people are kept in the dark, and the rest of them are useless. There is also a concept of survivor bias. When applied to the currency circle, people who lose money are more inclined to jump out and belittle this investment method to vent their dissatisfaction, while those who really make money are silent and don't want others to share a piece of it.

On the other hand, many people who play traditional investments such as stocks, funds and gold look down on and don't understand virtual currency. Because the traditional investment industry is based on entities, stocks are the feedback of the company's performance, operating conditions and future development, while gold and real estate are copied from entities. The threshold of digital currency is so high that it is difficult for ordinary people to understand its value and operation mode. Better people may only know the illusory ranking of blockchain encryption technology, let alone investment. But this does not mean that this is not a reliable investment method.

Next, let's analyze why it is black and how to avoid the pit to achieve stable profit. The outline of the full text is as follows: 1. Why is it black? There are many routines.

1. It is a convention to play with contracts.

2. Play the cottage coin quilt routine

3. Playing with the mainstream currency spot can't understand the technical indicators.

Second, how to avoid profit?

1. Principles that must be observed

2. Dishwashing mode display

First, why is it black? Because there are many routines.

1. It is a convention to play with contracts.

What is a contract? Simply put, a contract allows you to trade with one tenth or one percent of the capital (that is, leverage). For example, Bitcoin costs 10,000 US dollars, and now 100 US dollars (100 times leverage) can buy one. If it rises to 10 100, it is equivalent to spending only 100 and earning 100. There is also a margin mechanism here. If the money in your contract account is not enough to lose money, it will explode and all the money will be gone (I won't go into details).

This is the hourly line of Bitcoin on September 9, 2020. The low point reached 9882 and the high point reached 10235. The wave moved 350 points in an hour. Isn't it exciting?

2. Play the cottage coin quilt routine

Some counterfeit and new coins were born to cheat money and cut leeks, which are called hundredfold coins. In the early days, people were recruited into the group through customer service. A group of about 100 people, half of whom are customer service, earn money every day and create an atmosphere. Can you stand it for a day or two? Can you stand the temptation for a week? I bought it at the highest point when I entered the warehouse, and then the banker sold the money and ran away, crying without tears. Some even tricked you into entering their small exchange, and you couldn't get a penny. For example, KHT in 20 19 issued two MLM coins in January, each of which earned hundreds of millions of dollars, and finally returned to zero, while the founder was at ease abroad. So we must remember that there is no pie in the sky, and even if there is, if it is beyond the scope of cognition, it will eventually be impossible to hold it.

3. Playing with the mainstream currency spot can't understand the technical indicators.

Playing the mainstream currency spot is much more reliable than the first two, but blindly playing without understanding the indicators is no different from gambling. For example, if the trend line falls below MA60, will you still buy it? If you can't see it, prepare to be quilted for a long time.

Let's look at coin steem below, which fell below the trend line of ma60 in early September. Do you want to buy at the bottom? Of course not. You don't know where the bottom is, it will continue to fall until the next support level.

Second, how to avoid profit?

1. Principles that must be observed

There are so many pits ahead, so let's talk about the principle of playing with coins, which can help you avoid 80% of the pits.

First, no contract.

The technical ability and psychological quality required by the contract are beyond the control of ordinary people. If students and office workers earn some pocket money by investing in digital currency, it is even more unnecessary to spend a lot of time fighting the bookmakers, which is basically hopeless and affects their work and study.

Second, don't play with small coins and counterfeit money, and don't play with insufficient historical materials.

As I said before, we don't touch unreliable currencies, no matter how hot the speculation is, we can make a profit by investing in currencies other than 10, and we have no energy to play any more.

Third, don't play small exchanges to prevent running away.

Only three platforms, Firecoin, Coin Security and OKEX, are recommended here. These three platforms have the largest trading volume in the world, with long establishment time, many users and large trading volume.

Fourth, set short-term stop loss and take profit.

After all, people are not machines. When they saw the profit, they were unwilling to sell it. They always want to earn more. Watching, they are reluctant to let go of the loss after returning to liberation overnight. They always want to return their capital. As a result, the principal is gone and it is difficult to survive. Not only are people tired, they need to keep an eye on the market, but it is also difficult to make money. Hard decisions are left to the machine to carry out. Although it is not sold at the highest point, it is safe after all. Even if they lose money, they will not lose too much. In addition, they have capital repurchase. By constantly revising your investment system and strategy, the correct rate will be higher and higher, and stable profits will be realized. And you can spare a lot of time to do other things you like, isn't it sweet?

2. The secret of dishwashing mode

First of all, why do you wash the dishes? Washing dishes is a way for dealers to accumulate low-priced chips. When it accumulated to a certain extent and pulled up, retail investors saw that the disk was good and chased the quilt cover. At this time, the dealer has already shipped the goods. What we have to do is to understand the dealer model, stabilize our mentality, know what stage this is, when to buy and sell, and don't be routine. The following are two common washing modes.

First, the fake vagina washes dishes.

The market has been sluggish, not fluctuating, and even falling steadily. At this time, there should be many retail investors resisting, looking forward to seeing the rise behind, and then coming to a middle line. At this time, retail investors began to panic, fearing that they would continue to fall and stop losses in time. Many people began to sell their low-priced chips.

Let's take a look at Neo's example. The first two months were in a state of steady decline and sideways, and then came a big yinxian line, which many retail investors should have sold, and then shocked and raised funds, and then three yangxian lines. You can get 90% profit if you copy the bottom. Even if you don't bargain-hunting, you can do it in the early stage of Yinxian, and finally get 40% of the income.

There are basically no big fluctuations when you are sideways, and there are ups and downs. You can't make a profit by these small fluctuations, and you can't see the future trend clearly. At this time, everyone is more cautious and unwilling to buy. After a long period of sideways, for example, one or two months, the one I bought before has begun to lose my temper, and I may sell this coin to chase hot coins. At this time, the dealer can successfully get these low-priced coins.

A typical example is ltc, which is sideways for three months. Obviously, most people can't stand it. It has been pulled in the last month, with an increase of 85%.

Finally, to sum up:

People who jump out of black digital currency are basically suffering from serious losses or unwilling to admit that they don't understand. The reason for the loss is nothing more than ignorance of technology, messing around and falling into various scams. So we need to abide by some principles and avoid pits to the maximum extent. On the other hand, it is not difficult to understand the dealer's mode, routine, reverse operation, and research on technical indicators.

Interested friends can learn to communicate together and earn some pocket money by the way.

I wish you all the best and realize the freedom of wealth at an early date!

As the subject said, many people hate this kind of digital currency. I think there should be the following factors.

First, I don't understand, just like I did at that time, I don't understand, and when others say or even give it to you, I naturally look puzzled!

Second, media reports, most of which are eye-catching things, such as problems with this currency and pyramid schemes, make everyone talk about it and dare not listen.

Third, there are many kinds of names, and there is no unified issuer, which makes everyone feel insecure.

Fourth, and most importantly, does the central bank admit that the policy allows it? For example, before the central bank issued a clarification announcement, the bank did not issue digital currency, nor did it have a promotion team, nor did it authorize any institution or enterprise to issue it. At present, digital currency is an illegal (remember, not illegal) currency in the market.

However, from 2065438 to May 27th, 2007, the digital currency Research Institute of the Central Bank began to operate. What does this mean? In other words, formal digital currency will definitely have its development prospects, so we will wait and see. However, if you want to be the first or the first person to eat crabs, you must weigh the risks and benefits yourself and hope for safety.

Investors have two weaknesses: greed and fear. Because I don't understand, I am even more afraid. Afraid to shoot.

1. Complex digital currency is much more complicated than other investment products such as stocks, real estate and gold. The blockchain technology behind it involves a wide range of knowledge, including cryptography, monetarism and computer science. Ordinary investors will not spend a lot of energy and time to learn the complicated principles behind it in order to invest in digital currency.

We can see the world by sticking to our thoughts, but most people can only see part of it.

At present, the legal tender endorsed by the state is undoubtedly dominant, and the daily trading volume is about 5. 1 trillion dollars, which is equivalent to about 200 times the daily trading volume of 25 billion dollars in digital currency. It is difficult for investors to change their minds, see the advantages of digital currency and accept the "new" currency.

It's none of your business

Compared with life-related information such as house prices and oil prices, digital currency, a non-essential item, did not attract attention before the rise of Bitcoin, but even after the rise of Bitcoin, most people still don't know what digital currency is, let alone invest in or use digital currency.

In a recent opinion poll, "feeling unnecessary or uninterested" is the primary reason why citizens choose not to hold cryptocurrency.

4. The volatility is too high. Many people are reluctant to invest in cryptocurrency because they think that the volatility of cryptocurrency is too high and the risk is too great. Many investment banks also scoff at volatility and stubbornly believe that volatility is equal to and only equal to risk. But they ignore that the initial appearance of new assets is often accompanied by high volatility, but this cannot be used as the only criterion to deny its value.

In addition, even if we use a fixed exchange rate to measure various assets or set interest rates to monitor their flows, the "value" of all currencies and all foreign exchange reserves is constantly changing.

The general view against cryptocurrencies and the blockchain technology supporting these currencies have not taken into account the temporality and fragility of ordinary currencies without exception. Generally speaking, when you have a dollar, you can buy a dollar of mineral water, but when natural disasters come and water resources are seriously insufficient, can you still buy a dollar bottle of mineral water?

5. Virtual equals danger. Obviously, digital currency, an intangible thing, makes many investors think that it is a mirage and an "illusion" stored in cyberspace.

However, in fact, most dollars are also used in digital form. Foreign research reports show that only 10% of the dollar supply exists in the form of banknotes and coins.

Therefore, it is often difficult for those who think that money is "real" to understand cryptocurrency.

……

One hundred people have one hundred reasons not to believe in digital currency, but there is only one fundamental reason: there is too little known information, which inevitably leads to a dilemma.

Because of the existence of blockchain, the underlying technology, many digital currency have emerged. So why are so many people hacking into digital currency? The blockchain at this time is like the emergence of the Internet. Everyone doesn't know what the future development of the Internet is. In the same way, the blockchain is the same.

Of course, some digital currency is unreliable, but it doesn't rule out some digital currency, such as the guest coin of the guest cloud, the STA of the nebula smart device and other digital currency.

Of course, I don't advise you to invest in digital currency casually. When investing, we should pay attention to choosing some reliable ones and study them carefully. The point is, don't bet all your money on a digital currency. You can diversify your investment. For example, I have some guest coins at hand now, but I still pay attention to STA on the smart device of Starlight Cloud launched by Starlight.

Finally, remind everyone not to vote blindly, but to be appropriate.