People in the currency circle: Be sure to raise awareness of asset security

The Fcoin incident is still fermenting in the circle, and there are endless arguments about whether the incident was premeditated or really forced to do so.

In my opinion, I am more inclined to think that Zhang Jian is not very good at doing things with the original intention of cutting leeks, at least at the beginning of his business, but when things develop later, when faced with various complicated situations, the pressure of the external environment and the environment The test of human nature has made things more and more deformed and finally developed to this point today.

If the bitcoin that Zhang Jian cannot accrue today is not 7,000 to 13,000 but 700, I think the plot may not necessarily develop to the present ending.

Subsequently, Jay Hao, CEO of OK Exchange, stated on Weibo that the risk margin of the entire OKEx platform has reached 100 million US dollars.

Publishing this data is nothing more than two functions: the first is to show that OKEx’s ability to advance risk losses is guaranteed, and the second is to publicly call out to users, so that everyone can rest assured to trade with OKEx and don’t panic.

It seems that this incident shocked the majority of users quite a lot, forcing the big exchanges to flex their muscles and show their strength.

Many articles in the past two days have mentioned that the centralized exchange is a game that wanders on the edge of the laws of various countries. In the absence of strong government supervision, the operation of the exchange depends entirely on the founder's self-moral restraint and interests. .

And moral constraints are simply vulnerable in the face of human nature. Human nature is the most vulnerable, especially in the face of the temptation of huge interests, the weakness of human nature is easily exposed and submitted.

I have always believed that investment does not require too much skill and knowledge at all. The most important thing in investment is the control of human nature and a high degree of vigilance against risks. I especially emphasize these two points for novice investors who are new to the currency circle.

However, a case I saw today made me think that these two points may not only be the lifeblood of novice investors, but also that old leeks who have been in the currency circle should always be vigilant.

An old man in the currency circle, Weibo user "Mr. Toujue" put all his assets in Fcoin. He later posted about his experience online:

"Knowing Bitcoin in 12 years, establishing awareness and entering the currency circle in 13 years, trading in Xinlu in 7 years, gaining dozens of times the income, and returning to 0 in an instant. The last time I was heartbroken, I still held Ripple for a year and a half. The starting point. The last time I missed freedom, but this time, it was even more painful to make a mistake and lose freedom! Now, the understanding of the blockchain is gradually shaking and collapsing, and I don’t know how to participate in the future, whether to participate. More than ten years of investment After going through ups and downs, I thought that my experience and cognition were enough to defend against turbulence, but I didn’t know when I fell into the invisible network. Maybe it was precisely that trust and confidence. Looking back now, all my experiences are all illusory. I really see through the way of heaven, and I am still in the way of heaven. What he did, he didn't know. This way is too deep."

This friend firstly is that he entered the currency circle early and has surpassed quite a few celebrities in the currency circle today; the second is that he has made so many mistakes during the 7 years of trading, and repeatedly Lesson learned.

Let's look at when he entered the currency circle: he knew Bitcoin in 12 years and entered the currency circle in 13 years.

You must know that Zhao Changpeng from Binance only came into contact with digital currency in 13 years, Bao Erye also only came into contact with digital currency in 13 years, and Li Lin from Huobi was still doing group buying in 2013 and did not enter the circle.

This friend entered the circle so early, he should have experienced countless ups and downs in the currency circle, and he should have learned from these countless ups and downs.

Mentougou announced its bankruptcy in 2014, and all users could not withdraw their bitcoins; in 2016, 120,000 bitcoins were stolen from Bitfinex, and they barely survived by issuing bonds and swapping debts for shares.

This senior has completely experienced these two sensational events in the currency circle. As long as he has experienced these two events and learned the lessons, it is impossible to continue to put a large amount of assets on the exchange. However, this senior seems to have no After learning a lesson, I even put all my assets in Fcoin.

As a senior who has been in the circle for 13 years, he must know that the strength of this leading exchange in resisting risks is far superior to that of other second- and third-tier exchanges.

so

soAlthough this senior has been in the currency circle for a long time and has a lot of experience, it seems that these experiences have not been translated into the risk awareness he should have and the self-protection measures he should take. His risk perception is no different from that of a novice investor.

Each of our investors should learn a lesson from this incident and this example, and reflect deeply.