China Yuhuan: currency ahead of the end of winter or the scorching sun of spring city now is Shining
Preface: enter May under the leadership of Bitcoin, a digital currency market was showing signs of a bull market, everyone is waiting for some sort of relief began to hoard coins, such as external funds as a steady stream of water flows into the currency market, and of course this scene How long is not maintained, in mid-May began a major correction, the end of May a large second callback, contact the previous article, "China Yuhuan: No fear sapped No Bitcoin prices also expect no" over-mentioned content I do not know how many people are looking forward to increase it? Yuhuan think a few bars.
Can be said that the current market is better than the previous winter scene of a lot can be said to be very long over the winter, in the start of the year, the Yuhuan said that once the market this year is spring Zhaxian, also said no major the market will remain the case of favorable market conditions to upgrade technology to slow up after the September course, this latter point has been overthrown, but now is not Zhaxian spring blossom, and even can go to the scorching summer dawn. But the premature end of the winter market volatility Yindie calm the market is really a good thing? From the beginning to now, the market value of the global encryption currency rose to $ 125.7 billion from the beginning of the year to 295.664 billion Yuhuan write text, Bitcoin as a king sitting on the seat of the oldest market value of $ 64.844 billion by the beginning of the year now reached 151.253 billion dollar, global digital currency's value has risen more than doubled. Digital currency winter came to an end.
Remember the reason why digital currency entered a bear market into the winter, because in 2017 to lead the digital currency Bitcoin crazy prices soaring, Bitcoin was close to $ 2W, as now was close to $ 1W, was a bubble, attracted a heap speculators admission, ICO hot faintly visible, then the bubble will not stand "bang" broken, 18 years prices have been Yindie situation, when the lowest reach near $ 19 in early 3100. The reasons for the surge of digital currency Yuhuan remember Anyway, I talked about the two, for reasons explained more of the market, turbulent macro environment, compared to other markets in terms of the pattern of digital currency markets as well as their vision for the future, to the center and so on so that in this economic turmoil has emerged as a safe haven asset. This is not a good thing, because digital currency is currently a high-risk investment products, whether it is to do spot contracts do, do do mainstream projects, all bear the same risks.
For now possible digital media to promote a series of monetary advantage of low transaction costs and facilitate its transfer, security, and so very, uh, Yuhuan is that these were all right, even a twelve Yuhuan but also to add two points, but the rain Huan still have to pour cold water splash, anyway, more do not the first time, the market now has a new digital currency changes, market dynamics itself, there is the law of the changes, coupled with the influx of investor funds admission, etc., the change it is the law to cover some impurities, no matter how they change, market risk digital currency remains unchanged, that is, digital currency market hit bottom limit does not exist, one day a month of decline in US stocks fall; secondly Exchange and wallet safe, As long as profitable where there is crime, double flowers attacks funds plate on foot and so remains a normal digital currency market; and finally and most importantly, the center of the regulatory attitude, it does not need any more to imagine.
Have been emphasizing risk control, not eggs in one basket, and certainly not in a bad basket, and now look at this digital currency basket is still very strong, but some digital currency in the currency is not necessarily all good the basket, in which all multiple choice is right or wrong choice for the wrong it is easy to look out, do not need to exam questions as waiting for the teacher marking, chose the answer came out, to borrow a child today, then do ending : Do not say that there is a risk that there is risk, there is the risk of living in the world itself, does not want to fight the problem itself lies in the risk, but rather on risk control.
Text / China Yuhuan