**Challenges and opportunities in the global cryptocurrency market: coping strategies for ordinary investors**
Over the past decade, cryptocurrency has gradually evolved from a niche concept to a significant part of the global financial market. As the popularity and influence of mainstream cryptocurrencies such as Bitcoin and Ethereum gradually increase, more ordinary investors are beginning to enter this market full of opportunities and challenges. However, unlike traditional financial markets, the cryptocurrency market has its own unique characteristics: it is global, traded around the clock, and has significant volatility. For the average investor, these characteristics represent both opportunities and risks.
As one of the world's largest asset management companies, BlackRock has become increasingly positive about Bitcoin and other crypto assets. From actively applying to promote Bitcoin spot ETFs at the beginning of the year to occupying a dominant position in Bitcoin spot ETF shares, its recognition of the cryptocurrency market is self-evident. Yesterday, it released a 9-page white paper, which elaborated on the unique status of Bitcoin as a major crypto asset and explained the unique value and significance of Bitcoin worldwide.
This article is forwarded material The following is a condensed version: Is Bitcoin a "risk asset" or a "safe haven asset"? This is one of the most common questions users ask when investing in Bitcoin for the first time. We believe that Bitcoin's unique properties make it unsuitable for valuation using traditional financial frameworks, and its long-term return drivers are largely unrelated to the sources of return in other portfolios.
Did you know? Buying and selling virtual assets in China may also be illegal! Everyone, take it easy and reduce frequent C2c On August 19, the Supreme People's Court and the Supreme People's Procuratorate jointly held a press conference and announced the "Interpretation of Several Issues on the Application of Laws in Handling Criminal Cases of Money Laundering". This document clearly pointed out that money laundering through virtual asset transactions is now included in the legal net. By the way, this "Interpretation" will officially take effect from August 20, 2024.
I used to think that the compound interest effect was just a theory and could not be realized. But when you really understand how it works, you will find that it is the hidden secret of our investment. Those who use it well get rich, while those who don't take it seriously are still short-sighted. Learning and growth are compound interest, and promotion and salary increase are compound interest. After watching this video, you will completely understand why it is so powerful, and it may even change your life! The compound interest effect sounds complicated, but it is actually very simple. Its core principle is that the investment income is based on the initial principal and the accumulated income in each period thereafter, that is, "interest begets interest". Let me explain it with two examples.
What is the difference between the crypto circle and A-shares?
Today we are going to talk about something different - what is the difference between the crypto world and the A-share market? Which one do you think has a better future? Hurry up and sit tight, the excitement is about to begin! First of all, we all know that the topic of cryptocurrency market and A-shares is very hot, right? Many people are investing in them, some are making a lot of money, while others are losing a lot. So the question is, what are the differences between these two markets? Let's talk about the cryptocurrency market first. Have you noticed that the cryptocurrency market fluctuates greatly? It may rise by 10% today and fall by 20% tomorrow. This market is open to the world, not restricted by time zones, and trades 24 hours a day. So in other words, you may make money while you sleep, or your money may disappear. Moreover, there are many emerging projects in this market, and one project may become popular overnight!
Only long-term thinking can help you survive in the cryptocurrency world
Watching others make a lot of money by investing in short-term stocks, but you are stuck and lose a lot of money? Today, we are going to talk about why we should reject short-term and short-term thinking, and use long-term thinking to invest. Follow me, and you will find that investment is not only about winning now, but also winning in the future! Think about the last time you made a short-term investment. Were you fooled by some "K God" at that time, thinking that you must catch this wave? However, at the critical moment, the market changes faster than turning a page, catching people off guard. According to a study in "Investment Science", frequent trading will greatly increase transaction costs, thereby reducing net income. And random market fluctuations make short-term operations more difficult, causing most people to lose money in the end.
Most speculators who engage in short-term trading rarely think deeply, but just buy and sell frequently, treating the exchange as a casino. He believes that real speculators are highly intelligent and smart trading experts. They think they can correctly predict the general trend of economic, political and social development, and try to profit from it before others. In fact, their actions are the performance of leeks. So please be patient and try not to watch the market. Watching it will make you feel fluctuating. Think about it, you can't use this money at the moment, so why bother!
When people realize that the gains they get depend on their personal skills they will gradually turn to taking high risks and make speculative behaviors and become leeks
If people think that the results are determined by chance they will make more conservative choices and make investments and become successful investors
Most people prefer to believe that they can predict the future, that everything is predictable and expected. This concept is common, but it is wrong.
Faced with the uncertainty of the future, most people usually try to be far-sighted and make every effort to use as much data and information as possible to achieve accurate predictions of the future.
However, the truly effective method is just the opposite. We should look back to the past to broaden our horizons. Instead of focusing on grasping the small changes in the future, it is better to study the major events that are inevitable in the past.
It is recommended to read fewer prediction books and more history books. Interestingly, the more history I read, the calmer I am about the future.
When you start to focus on eternal and unchanging common sense, you will no longer be obsessed with predicting the unknown, but spend more time studying the unchanging human actions.
1. Large-scale buying and selling, either selling too late or buying too late, or both. This leads to a large-scale increase in transaction costs and triggers emotional fluctuations, which also triggers widespread large-scale speculation, exacerbating the degree of volatility and worsening the volatility of the entire market.
2. Herding and price myopia are the double stupidity of making decisions based on short-term stock price performance. It is a flawed way of thinking that manifests itself at all levels, forcing some people to check stock prices every day, even every moment.
3. Check stock quotes less, whether on a computer, mobile phone or other device.
4. If you don't sell the wrong investment, you will give up another opportunity to rearrange the investment and make a profit.
5. Pay too much attention to some accidental events and think that you have captured a new trend. And believe that others don't know this information, so make decisions quickly based on these superficial reasoning
The price rebounded! Many KOLs have come out to find various reasons for the increase, which is ridiculous! They find reasons for the increase and reasons for the decrease. I think what they say is nonsense, eye-catching and hindsight! What reasons are needed for short-term increases and decreases? Just hold on to it foolishly!
Now is the bull market stage, Don't be affected by the noise, Don't be afraid, don't be cowardly! Being able to buy at a more cost-effective price now, is the best tribute to the bull market!
Just remember that it’s still very early before the peak, So why bother with too many operations in the middle! It's better to hold it stupidly than to feel smart! #BTC
Let’s share one of Templeton’s most widely circulated contrarian investment quotes in the world:
Bull markets are born from pessimism, grow from doubt, thrive from optimism, and die from fanaticism. When the market is at its most pessimistic, it is the best time for you to buy. When the market is most optimistic, it is the best time for you to sell.
Which stage of the bull market do you think we are at now?
The world’s largest fund management company is increasing its holdings of BTC I think the future is bright, but the road is tortuous. Then ignore the twists and turns and go straight to the light The best way is to hold on to fixed investment!
The three stages of the bull market! Look where we are now? In the first stage, a few visionaries begin to believe that everything will be better Phase 2: Most investors realize that progress has indeed occurred Stage 3: Everyone asserts that everything will always be better