DappSo
Yesterday, when we had a happy weekend, the status quo of bitcoin is not so “happy”, bitcoin prices repeatedly suffered, according to searchchain. IO data analysis: yesterday BTC prices fell significantly, the lowest fell to 3645 points. Chain index feedback, yesterday reflects the BTC internal value of the basic index new address and active address continued to decline. In terms of the on-chain trading index, the activity degree of trading users has increased, with the number of exchanges flowing into and out rising by 114.06%, 77.73%, 16.07% and 43.15% respectively. It’s a mix of joy and sorrow.
Today, when we look at the price, BTC price increased significantly compared with yesterday. BTC price at the present stage is $4100 – $4200. It is not hard to see from the chain data yesterday that there were not many new investors entering the market yesterday, but there was a significant increase in trading volume and large transfer number in the exchange, and then the price of BTC began to rise today. It is not difficult to see that today’s rise should be caused by yesterday’s big households fishing bottom, forced up the price of the currency. However, if large customers sell after the price rebound, the price of BTC will fall sharply, so the real internal value of BTC does not improve significantly.
Looking at the crypto market panic index today, today is 9, compared with yesterday’s index of 15, the panic degree has intensified, the market is still at the extreme fear level. But compared with the blind panic of the general public, the leaders of the currency circle are more rational.
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Zhao Dong: The more others do not want, the more good time to invest
Zhao Dong, founder of Dfund, said on his microblog, “I do not advise people to buy bitcoin in the bull market, because it looks easy to make money, but actually it is very difficult!” Now, I’m going to start telling people to buy Bitcoin. The more people don’t want it, the better the time to invest. It just takes a little patience. People who make a lot of money, make money is time, not buy today sell tomorrow speculation money. My advice right now is: two years from now, bitcoin is a buy, not a sell, buy as it goes down. If you buy bitcoin now, you may still lose money in the future, but at most you may lose another 50%, but it’s worth it compared to the potential 10-20x return in the next 3 years!
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Jiangzhuoer: safety bottom fishing, 2019 the same amount of investment
Mr Drower predicted the next dollar price. According to his prediction, the bear market maximum decline: 85%, the lowest possible pin to $3000 (Spring Festival 2019). Bear market horizontal midaxis: $4500 (full year 2019). The safest bottom-fishing strategy is to invest in the same amount throughout 2019.
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CryptoOracle co-founder: Bitcoin will be the Amazon of the cryptocurrency era
Lou Kerner, co-founder of CryptoOracle, said in an interview that Bitcoin will become the Amazon of the cryptocurrency era. Long-term bitcoin holders earn huge gains every few years. Kerner compared the state of the virtual currency market to what happened to tech stocks during the dotcom bubble of 2000 and its subsequent bust. Shares of Amazon, one of the world’s largest conglomerates, also plummeted after the dot-com bubble burst, according to Kerner.
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conclusion
In the face of the collapse of digital cryptocurrency, everyone has their own considerations. Some of the leaders make fun of it, some are optimistic, some analyze and predict, and some look forward to the future. But no matter which is in the guess, that is, the guess is uncertain, no one can decisively to ensure the future development trend. I not only think of a classic saying “it is the best of times, it is the worst of times”, but also can be quoted in the current currency circle — “It is the best of opportunities, it is the worst of opportunities”.
Original author: DappSo
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