In the business field, people will pay attention to whether it is a low season or a high season, and the virtual currency market, which once claimed that "one day in the currency circle, one year in the world", seems to have entered the low season. Represented by the once-popular Bitcoin, virtual currency is now considered to be the go-to market. to the "bear market".
Investment analysts in the industry pointed out that this incident also fully shows the difference between virtual currency and foreign exchange: in the
market,
various altcoins emerge in an endless stream in the virtual currency market. It's far more complicated than it seems, and spending a lot of money and time and energy simply won't work. If you just think about making quick money, you will end up being a 'leek'. In contrast, the global nature of the foreign exchange market is more standardized, and it is much easier and simpler. One is that the market rules are simple and easy to understand. You only need to be optimistic about the ups and downs, and you will have the opportunity to trade profitably regardless of the ups and downs; one is that the transaction costs are extremely high. low, and the market risk is also smaller.
On the formal side,
recently, due to regulatory security issues, ICO (initial coin offering) platforms and virtual currency trading venues such as Bitcoin have basically achieved risk-free exits across the country. The current policy prohibits virtual currency transactions. The market is in a chaotic period, and illegal acts such as "air coins" and "altcoins" occur from time to time. At the same time, there are risks of money laundering and terrorist financing. This market is still not formal enough.
In terms of stability
, virtual currencies such as Bitcoin basically depend on the normal operation of the computer system. Once the system is damaged by hacker attacks or lost for other reasons, investors have to admit that they are unlucky. Advantages, virtual currency also has the risk of market fluctuations, that is, sharp rises and falls. The stability of foreign exchange is mainly reflected in the trading software. Forex platforms such as Juhui ggfx use the most stable MT4 software, which supports computer and mobile terminal operations. The trading operation is safe and efficient, and the ordering efficiency is stable as fast as 0.01 seconds.
Relevant people in the industry also mentioned that the forks of Bitcoin and other virtual currencies are too fast and not cautious enough, and there are many problems in the industry's education of investors and investors' own risk assessment. If it expands or spreads rapidly If so, it may have a great negative impact on investors. The blockchain industry should develop technology more rationally, rather than blindly chasing and hyping virtual currency prices.