The currency circle rose sharply in the morning

❶ What is the real reason for the recent crash in the currency circle?

Recently, the attention of the emerging cryptocurrency – Dogecoin’s crash has remained high. In the slump caused by the “big market” Bitcoin, Dogecoin continued to plummet all the way; it fell to a minimum of $0.4 a piece, and was almost cut in half. Huichacha has some small insights into the reasons for the slump in the currency circle:

1, the demand for the currency circle has decreased.

Under the trend of the spread of the epidemic, the number of transactions in the world has decreased, people have become conservative, and the total social consumption has been greatly reduced. At this time, the transactions settled with Bitcoin and other settlements have been greatly reduced, the demand has decreased, and the price will increase. fall.

2. The risk of price crash is high.

Affected by capital speculation, virtual currency prices rose and fell sharply, making it difficult for ordinary investors to predict, and it is very easy to cause liquidation losses. Historically, cryptocurrencies such as Bitcoin suddenly fell sharply at the peak. It happened more than ten times. Behind the recent wild rise and then plunge of Dogecoin is a “leek cutting game” in which capital predators represented by “Musk” harvest ordinary investors.

3. Virtual currency has no intrinsic value and the risk is very high.

Virtual currency does not have the function of currency trading in essence, and it is not recognized by any country in the world. At present, the price of cryptocurrencies has risen sharply, mainly due to speculation caused by market speculation. Once all countries in the world explicitly deny these The value of virtual currency that is not controlled by the state, the virtual currency will become worthless in an instant, and the virtual currency held by the majority of investors will also be completely locked up.

Although Dogecoin is currently the fourth largest cryptocurrency, with a market cap of $68 billion; second only to Bitcoin, Ethereum and Binance Coin. It may be the “asset” with the largest increase in “financial assets” in recent years. However, the reason why people can’t build their beliefs is because the market has not yet reached a certain consensus, and they don’t know what role this Dogecoin will play in the future. From an investment point of view, it is quite worrying to tell the truth about such cryptocurrencies that are not very practical and mainly rely on financial attributes to tell stories.

Cryptocurrencies are promising from an investment perspective, but please invest with caution. There will be no blind obedience or belief in Dogecoin; Dogecoin is, as Musk said, “it’s a fun collectible” or “joke”.

❷ Behind the crazy currency circle: 100,000 is instantly cleared, where will the currency circle go in the future

The currency circle will not develop much in the future, and the entire market will trend In calm, many investors will not enter the currency circle to participate in the speculation.

The cryptocurrency market is very hot. Many people have heard the story of someone who bought coins and became rich overnight, but the sudden wealth is accompanied by a plummet. Many people enter the cryptocurrency market without making much money. When it plummeted, it caused the loss of its principal. There are many people in the currency circle whose money is instantly cleared, and there are countless people who have liquidated their positions.

Behind the madness of the currency circle, there is the shadow of capital predators stirring up the situation, the price plummet is affected by the regulatory authorities, and the future of the currency circle is very uncertain.

Third, cryptocurrencies will be differentiated, and many air coins will disappear.

Cryptocurrency is divided into mainstream currency and air currency. The mainstream currency is supported by various projects and has strong capital behind it. Air currency is a pure money-making game. After many people buy it, the final outcome is to clear zero. After the cryptocurrency plummets, this trend will be more obvious, and many air coins will disappear.

The currency circle will not become a mainstream investment market in the future, and there will be fewer and fewer ordinary people buying cryptocurrencies. If you have any other views on this, please leave a message for discussion.

❸ The currency circle has been in shock for 100 days, what happened to those who became rich, plummeted, and liquidated their positions

The currency circle has experienced a ten-day liquidation recently. , There has been a lot of turmoil in the currency market during the entire three months, which has really shocked the investors who have become rich and have collapsed for a long time. As the currency circle continues to decline, some investors have silently sold all cryptocurrencies and then exited the currency circle.

Third, the cryptocurrency plummets, where should investors go?

Cryptocurrencies began to plummet since May 19. At this time, many investors found that their accounts were instantly liquidated. Among them, Ethereum fell below the $2,000 mark, and Dogecoin was only $0.3 / For the first time, investors felt the cruelty of the currency market. As for this crash, there have been omens before. The market sentiment gradually declined after the price of bitcoin plummeted for a week. Investors quickly fell after a short-lived wealth spree. Where should investors go in the future, some investors said they would no longer touch virtual currency, and some took a wait-and-see attitude, but no matter what.However, it is still necessary to be fully prepared to withstand the repeated shocks of the currency circle.

❹ The virtual currency has skyrocketed and plummeted. What do you know about the risks in the currency circle?

Do a virtual currency crash, obviously, the scope of the impact is very wide , which was initially caused by the collapse of Bitcoin. But the subsequent surges like ether and dogecoin dispelled everyone’s concerns, so at that time a lot of money was integrated into the virtual currency market, and now, a large number of virtual currencies plummeted in my opinion, The most fundamental impact is the flight of funds, so today I will discuss with you the skyrocketing and plummeting behind the virtual currency.

Third, how do you view virtual currency?

First of all, in the current state, virtual currencies are basically nonsense currencies, because few countries will recognize them. Of course, some countries have begun to develop their own digital currencies, although digital currencies have the same effect as virtual currencies to some extent. But to be honest, their goals are completely different. The most important thing about virtual currency is hedging and investment, and it also has the function of money laundering, and the most important thing about digital currency is to control the cash in circulation.

❺ In the current market situation in the currency circle, can you still cut the meat? It’s right to cut it early, and will it continue to fall now?

Ponzi scheme! Learn about Dutch tulips from hundreds of years ago! And the Pu’er tea from previous years!
Stay away!

❻ Behind the crazy currency circle: 100,000 is instantly cleared, what is the real reason for the collapse of the currency circle

For the current entire virtual currency market, this There will be a large-scale slump at that time, because there are certain problems in the entire virtual currency market, and the governments of various countries have continued to strengthen the crackdown on the entire bitcoin market, so for the entire bitcoin market, its overall market size In the continuous reduction, the vast majority of institutional investors are cashing out at a high level, so for the entire virtual currency market, it is currently paying attention to a relatively low position.

More importantly, the crackdown on Bitcoin by various governments is also gradually increasing, especially for some developed economies, their attitude towards Bitcoin is 0 tolerance, Therefore, various policy measures have been taken to close the Bitcoin trading platform, so the price of Bitcoin has also dropped significantly.

❼ The currency circle has been in shock for 100 days, and what is the reason for the collapse of the currency circle?

So now the price of virtual currency has begun to plunge. But this does not mean that the virtual currency is now on the brink of extinction, mainly because the global digital currency has not yet developed. To a certain extent last year, money could not be replaced in a short period of time. Under such circumstances, the skyrocketing and plummeting of virtual currency is of course also related to the personal property of many people, so today we will discuss whether virtual currency will perish.

Third, the root cause of the demise of virtual currency.

So many people say that virtual currency is a direction of future development, representing true digitization. But to a certain extent, in order to achieve true digitalization, on the one hand, technological innovation is required, and on the other hand, changes in economic rules are required? Obviously, such conditions are not yet available, so virtual currency is just a simple investment channel to a certain extent, and it is still difficult to replace the current economic rules.

❽ One day in the currency circle and ten years in the world, the next sentence is

1. The blockchain is progressing at ten times the speed of the Internet. Thousands of miles away, in other words, if Jack Ma didn’t learn English, he might be feeding pigs in the village now. The times have changed dramatically. Especially in the currency circle, one day is equivalent to a year in the stock market. Few people know how the money comes from. This is a rule of the game. Hundreds of times are very common. Those big guys are slowly mixed in this circle. They were originally _silk, and finally they became the big guys in the currency circle, so believing is a kind of power. How many people can you make believe in you, How big a career can be achieved, the blockchain is developing at a high speed, and entering the market now will definitely make a fortune.
2. Back to the past EOS 7 dollars for us, now it is almost three times, the highest is nearly 20 times, so don’t worry comrades, choosing the right one of the currency will determine your wealth, investment, the process of delivery In the middle, as long as it is not too late to catch, the people behind it are just expensive, and the investment is only constant secret. In the last few words, it is fast, accurate, ruthless, and fruitful.Don’t make a decision. Since you have made a decision, make a decision immediately, and act immediately. You must not hesitate a little, or like in a casino, you will not be able to make a bet with hesitation, otherwise you will lose miserably.
3. Musk’s words sparked a bloody storm in the cryptocurrency market. Dogecoin soared 260 times in half a year, Shiba Inu coin rose tens of thousands of times in 30 days, 100,000 times in three months, and another imitation coin CSPR rose 2,213 times overnight. The madness of the cryptocurrency market makes people sigh: “One day in the currency circle, ten years in the world.” Under the mentality of “getting rich overnight”, many people poured into the currency circle. But huge risks are looming. Musk has announced that Tesla has suspended accepting bitcoin as a payment method due to concerns about the environmental issues that come with mining. The big bad news sent the cryptocurrency market into a tailspin. Bitcoin fell by more than $10,000 at one point, dropping nearly 15% in 24 hours. Ethereum fell more than 10%, RIPPLE fell more than 17%, Shiba Inu fell nearly 40%, and Dogecoin fell nearly 17%.
Expanded information
In the current currency circle, the word has been circulating in the currency circle for ten years. Its essence is mockery. If the interpretation is deeper, the original ridicule will be lost. In the current digital currency market, the vast majority of investors choose the futures contract market. Basically you have to keep an eye on it, especially since the bear market last February brought the spot and futures markets in line.

❾ The collective collapse of the currency circle, and 220,000 people liquidated their positions. What is the reason for this?

The B circle collapsed collectively, and 220,000 people liquidated their positions. , because now the popularity of virtual currency has indeed declined, due to the requirements of financial market supervision, it will decline, and now the popularity is too high, to the extent that it affects changes in the normal financial market, and governments are gradually introducing some policies , limit virtual currency.

Because there are too many scams involved in virtual currency, if you really buy a virtual currency and buy it on a formal platform, you may only be affected by the rapid price fluctuations, which may rise Quickly, if you make money, it will not rise very fast or if it will fall very fast, you will lose money, but because of the rising popularity of virtual currency, the domestic scam about virtual currency has increased by more than 12 times, which has already affected The normal financial market is in order, so it is necessary to put forward certain supervision on this thing.

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