What is the currency market in the eyes of capitalists and the currency market in the eyes of retail investors?
Coin God profile: Graduated from Shanghai University of Finance and Economics, a gold medal analyst, has been working in the capital market for seven years, focusing on the analysis of major digital currencies. With rich practical trading experience and unique trading philosophy, he is currently a special writer and commentary analyst for many financial websites. Real-time guide WeChat to follow the author's profile.
The market fluctuated slightly today, and the market value rose from around US$196 billion yesterday to around US$197 billion. As of now, the total market value of global digital assets is US$196.902 billion, a slight increase of 0.39% compared to yesterday's US$196.135 billion. In terms of trading volume, today's overall trading volume showed a slight decline. As of now, today's 24-hour trading volume is 58.636 billion US dollars, down 2.10% from yesterday's 59.894 billion US dollars.
The top ten currencies with net capital inflows in the past 24 hours are BTC, ZB, TRX, EOS, SEELE, ETC, ROAD, NODE, BCH, and XEM. The Shallot APP market shows that Bitcoin is currently hovering around 7,250 USDT. In terms of funds, the net inflow continued yesterday. The net inflow was 1.922 billion yuan, ranking first for three consecutive days. Among them, the USD inflow was the largest at 1.697 billion yuan.
About making money, I believe everyone understands this truth. If someone is hoarding a lot of goods, then their purpose must be to make money through this thing. If you want to make money, you must put this thing at a sky-high price. This has been the case from ancient times to the present, and the best example today is Bitcoin, which has risen all the way from worthless. It may be said that Bitcoin has its unique value, but a more important reason is artificial rendering.
In business talk business, some people say that to enter the bitcoin market, holding bitcoin requires belief, but in my opinion, the so-called belief is just a more tactful excuse. In the spot market, if the price of taking over is higher than the market price , the vast majority of people will continue to hold it, even if it falls to the initial price, because the purpose of everyone entering this market is to make money. The reason to support yourself is the so-called belief, and the market price is higher than your own holding price, and few people will sell it immediately, because human nature is greedy, why don’t you earn more if you earn it? The so-called rhetoric of "faith" is needed to disguise one's ambition.
If you decide to enter the currency market, you must understand that this is also the capital market. In the circle of playing money, either you earn other people's money, or others earn your money. It is common to go up and down hundreds of thousands in minutes. The profit is equal, and the thing of a million profits does not exist here, so don’t think about the so-called wallet, issuing currency or counterfeit currency. The small cost investment may feel that it will not hurt your muscles and bones, but from the moment you enter this market, you What you want is to make money without taking risks. This kind of thinking is doomed that you will be eliminated and leave the market in the future, but it will be sooner or later. Temporary profits can’t explain anything, just like the initial stage of any scam will let the deceived taste a little bit. sweetness.
There are many currencies in the market. If you want to do transactions with mainstream currencies, the currency that all platforms have is a reliable currency. At least this currency is obtained through mining and will not be manipulated. Can you run altcoins better than dealers? What you think is a fair race is actually when you start, the dealer is already waiting for you at the finish line. Therefore, mainstream currency trading is the most basic choice to enter the market. As for whether to use contract or spot trading, it depends on you personally.
Only when you bite your tongue, you know that you should not be too anxious about eating, and when you make a wrong order, you know that you can’t be fooled by the so-called profits, and you don’t take risk control measures, and you don’t know that you can’t always comfort yourself when your position is liquidated... all the experiences It is inevitable in the process of growing up. If you don't wrestle, you will never know where the road is the smoothest. After suffering a loss, I am afraid that the problem cannot be solved. What we have to do is not to give up and just give up. The market is still there, and there are still market opportunities. All we need to do is to sum up experience, improve ourselves and improve ourselves. Where did you stumble, and avoid these problems in the future, why can't you make a profit! Most died tonight, but a few survived till tomorrow.
