Attention everyone! Recently, Bitcoin's ** swished upward, and on February 27, it rushed to $57,000 a piece, a new high in two years! The market capitalization is also over a trillion dollars.
At the same time that Bitcoin skyrocketed, other cryptocurrencies were not to be outdone, and the whole market was lively. However, there are also many people who have used leveraged trading because of the sharp fluctuations, and the account has been liquidated, and almost 70,000 people have encountered this.
Remind everyone that these cryptocurrencies are very risky, ** one moment to the sky, another time to the ground. Investors have to be cautious, have a strategy, and can't mess around. Especially if you use leverage, that is double the risk.
Whether you want to make quick money or fight for the long term, you have to pay close attention to the market and be ready to adjust your strategy at any time to ensure that you have enough anti-risk ability.
By the way, some friends may not know what "liquidation" is, let me explain it to you. Liquidation means that when you are trading, if you lose too much and the money in your account is not enough for margin, the trading platform will automatically close the transaction for you to prevent you from losing more.
Therefore, don't forget to control the risk of investment, such as setting a stop loss, don't be greedy to use too high leverage, and allocate funds well, so as to reduce the risk of liquidation.
Okay, do the math, if one bitcoin is $57,000, according to the exchange rate on February 28, $1 is worth 71991 RMB, that $57,000 is equal to 4103657 RMB. Hey, 410,000! It's a really shocking number.
Some people ask, is Bitcoin **? Let me tell you that Bitcoin itself is not **ha, it is a digital currency made by blockchain technology, proposed by Satoshi Nakamoto in 2008, and started to be used in 2009. Its security, the largest amount, are strictly controlled by cryptography and algorithms.
So why do some people say it's **? Mainly because some people in the market are hype, and there are some ** people who use Bitcoin to defraud, such as fake trading platforms, fake wallets, and the so-called high-yield plan, these are **, and Bitcoin itself has nothing to do with it.
To sum up, while the soaring value of Bitcoin right now may be itchy, it is important to remember that risks and benefits go hand in hand. And there are many on the market, don't be fooled.
Bitcoin's ** is really unstable, and it can fall down if you are not careful, so buying this depends on whether you can afford the risk.
If you had 10 bitcoins on hand, what would you do?
Let's talk in the comment section! Bitcoin broke through $60,000