Digital currency such as Bitcoin is completely cold

Last night, the central bank issued a document, and the three major financial associations voiced that providing virtual currency trading services was suspected of illegal financial activities. Bitcoin plummeted.

First, correctly understand the essential attributes and related business activities of virtual currency;

2. Relevant institutions shall not conduct business related to virtual currency;

Third, consumers should raise their awareness of risk prevention and guard against the loss of property and rights;

Fourth, strengthen the self-discipline management of member units.

At home, it is estimated that the currency circle will gradually get cold, and digital currency can't be bought through banks and third-party payment, and the climax of digital currency will be over.

Earlier, CITIC Bank announced a ban on digital currency trading.

Cool, bitcoin has fallen below $40,000. This is also good for traditional gold.

I still have to listen to my mother.

After digital currency's speculation, if there is no more capital inflow, there will be liquidity problems. After that, Wall Street predators will have another round of bungee jumping. The rocket went up, bungee jumped down, and the coin circle was vividly interpreted.

In 2008, Bear also began to short Tesla.

The capital market has gradually entered a very chaotic state. It's better to be cautious.

Seeing the market like this, I reduced my position in the stock market to about 60%, and I plan to go up to 50%. In this way, we can enter, attack, retreat and defend.

Bitcoin is one of the global hot money liquidity indicators, and Tesla is also counted. They are very popular in the front, and now they are gradually not optimistic, which also shows that the hot money in the market has cooled down.

The US stock market has also begun to expect the economy to overheat. Commodity is king, and then cash is king.

No one can accurately predict when cash will be king. Since commodities are king and cash is king, it's time to get ready.

Leave some cash and wait for the opportunity to bargain-hunting after the great crisis. But don't short positions. What if the crisis is postponed for three to five years? No one can say for sure.

However, the Great Bear in 2008 has already begun. These awesome people usually lose to leverage and time, but the general direction is usually right.

Follow the awesome people. I won't short either. I just want to keep my cash and wait for a better opportunity. I also want to learn the essence of Buffett Munger Danbin Forest Garden. There will always be positions in the field, and this part is to experience bulls and bears.

This guy Ye Fei looks crazy and has a lot of nerve. The champion of private placement is definitely his strength at that time. With his courage, few people in financial circles can match him. However, it's a bit too much, which makes people feel uncomfortable. Dare to say anything, anyone dares to be sarcastic. Hey, turn it off.