The popularity of the blockchain concept has made many industry leaders embrace the blockchain one after another, so whether the blockchain can really make money, can it really help you achieve financial freedom? The following brings you the investment of blockchain investors Let's take a look at some of the things you must know.
Concept misunderstanding
Concept 1. Take 100,000 yuan to invest in blockchain. Blockchain is the underlying technology. How can you invest 100,000 yuan in this relatively popular technology? Besides, this technology can only be compared by big companies like IBM today. decent.
Concept 2. You equate blockchain with blockchain currency. I guess there are two situations:
First, you are a reaper in the currency circle. You have ulterior motives, and you want to trick your leeks. You can make money, but you can make money in the past, but you will pay it back in the future.
Second, you are a leek, so I advise you to keep the money and spend it yourself. 100,000 yuan can only be cut as a little leek. Of course, if you are lucky, the harvest time will not be so fast.
I remember this sentence: "The success of all speculators in this country is due to the fact that there is an extremely fertile soil of blind people."
Tucao about the reaper's routine, they usually use the concept of blockchain to make a fuss, blow this technology to the sky, how promising it is in the future, how to drop it, and then you will obediently buy the money into the virtual numbers they launched Currency, it doesn't matter whether this digital currency has blockchain technology, what matters is that they sound like this technology.
The Mistakes of Blockchain
Can investing in blockchain make me rich?
It is true that some people have become rich or even rich because of investing in digital currencies related to the blockchain, or engaging in related entrepreneurial projects. but--
First of all, the number of such people is as small as winning the lottery (not to mention that many of them are scammers); secondly, digital currency transactions and related ICO projects are banned in China; finally, the time to get rich has basically passed.
Blockchain itself is just a network technology and cannot directly create wealth. Only by using this technology to create various practical applications and help people reduce costs and improve efficiency can it be possible to create wealth.
Bitcoin is the earliest application of blockchain technology; more practical applications are still in the initial stage of development, and they are also difficult for ordinary people to contact and identify.
Can personal investment "mining" make a fortune?
In the past few years, people who play blockchain can also make money through so-called "mining", that is, using a computer to run programs to create blocks for the blockchain, and get a certain amount of digital currency in return.
Whether "mining" can make money or not depends on the "currency price" of costs and benefits. On the one hand, the cost of mining is very high today, and it is impossible for ordinary personal computers to "dig". Like Bitcoin, it is necessary to invest in a large number of specialized "mining machine" computers, and even organize large "mine farms" to mine. , plus a lot of electricity bills, etc., the cost is very high.
Therefore, on the one hand, mining requires a high investment. On the other hand, once the currency price is lowered, it may not be able to make ends meet, which is not a stable profit.
Blockchain is not equal to the currency circle, should investment be cautious?
According to reports, there have been many cases of "blockchain" investment fraud this year, and I would like to remind everyone to be careful. "Blockchain" scams often take advantage of the "profit-seeking" heart and use the excuse of "short-term investment in virtual currency, high returns, and low risks" to deceive users' trust and induce them to transfer funds for investment, or even defraud them. Bank account number and password. A blockchain research expert said: "Having enough knowledge can avoid being fooled, but to prevent scams from trendy gadgets, you need not become a scientific connoisseur, but common sense. Blockchain" may change the way of credit verification, but It is not directly a project that everyone can make a fortune. None of these truths can be understood without being well versed in science.
The above is an introduction to some of the contents of the investment instructions for blockchain investors, mainly from the perspectives of everyone's misunderstanding of the concept of blockchain and investment misunderstandings. The currency circle is very chaotic. Become a leek in this virtual scam. Those who understand should also see the chess game clearly. Only by seeing the chess game clearly can they clearly see the carnival of the century triggered by this new concept without being a leek.