$BTC $ETH The volatility of the currency circle is extremely high, and there are huge investment risks.

1⃣️Cryptocurrency investment risks are extremely high, with huge fluctuations and drawdowns. Bitcoin is not suitable for ordinary investors. Guan Qingyou, a professor at the School of Economics of Hainan University, pointed out that there are only two types of people who can really make a lot of money on Bitcoin: one is Bitcoin believers, and the other is Bitcoin speculators. But both types of people are very rare. For ordinary investors, they should choose investment targets that match their own situation.

2⃣️China's regulatory authorities have a clear and resolute attitude towards the issue of virtual currency trading speculation. The regulatory authorities have cut off the trading channels for financial institutions and payment institutions to participate in the virtual currency market, and have cleaned up and rectified domestic mining activities to prevent individual risks from being transmitted to the social field.

3⃣️There have been some extreme surges in the currency circle, such as a certain cryptocurrency that rose more than 200,000 times overnight. However, the sustainability of such extreme situations is questionable and may be accompanied by extremely high risks.

4⃣️The U.S. Securities and Exchange Commission (SEC) issued a warning to investors in mutual funds holding Bitcoin futures, pointing out that this derivative is based on a "highly speculative" and volatile asset, and the market where it is traded is also less regulated.

Based on the above information, the following conclusions can be drawn about the situation of the 12-hour increase in the currency circle:

1. High volatility: The cryptocurrency market is extremely volatile, and extreme price fluctuations may occur in the short term.

2. High risk: High volatility is accompanied by high risk, especially for ordinary investors who are not fully prepared and have risk management capabilities.

3. Regulatory attitude: Globally, especially in China, the regulation of virtual currencies is becoming more and more stringent, increasing investment uncertainty.

4. Investment strategy: Investors are advised to decide whether to invest based on their risk tolerance, investment goals and market cognition, and adopt a cautious investment strategy.

Therefore, it is recommended that ordinary investors consider carefully whether to enter the market, enhance risk awareness, avoid being affected by extreme market sentiment, and invest rationally. At the same time, investors are advised to pay attention to regulatory dynamics, understand relevant laws and regulations, and avoid participating in illegal financial activities.If you decide to invest, you should do sufficient market research and risk assessment