Bitcoin: The appetizer of the blockchain world?

[Alice_Yu5]

The third Monday of February is the annual President’s Day in the United States. The United States has one day off and major institutions are also closed. Therefore, the market is relatively calm today. There is not much news. Bitcoin continues to fluctuate repeatedly at high levels. There is only one day left for tomorrow during the Spring Festival. Life is going fast. After the new year, we must continue to work hard and strive to achieve greater glories together this year. Bitcoin has reached this position, and the number of times that it can turn upwards is getting less and less. The cheap bargaining chips we hold for thousands of dollars are very precious. If it rises to 100,000, it will be 10 times for investors who bought 10,000, and it will only be twice for investors who have just entered the market. The more you go up, the more so. This is the power of compound interest. In any case, I hope that everyone will try not to lose the pie. Whether it is a contract, or to buy other items, or to sell high and buy low, it is possible to lose chips. Try to hold it with value and be a friend of time. .

During the Spring Festival, the stock markets of various countries have also risen across the board. This once again reflects the power of the Fed to release water. Assets must be allocated in A shares. If you can’t buy them, you can buy indexes. Each fund company has index funds, so just keep your eyes closed. Just use it as a fixed deposit and put spare money for 5-10 years. The final result will definitely outperform inflation and make you live a more comfortable life. This kind of investment is not a short-term investment, so there are plans to use the money in the future. , It is still not recommended to participate in high-risk investments. It is difficult for China’s future real estate market to increase by several tens of times, and economic development requires a large pool to support it. At present, only the stock market may copy the experience of Europe and the United States. The slow bull market will continue, but Remember to be a long-term investment of spare money.

The total amount of Uniswap transactions exceeded 100 billion U.S. dollars. There is 100 billion of real money and silver, which is completely different from the 100 billion of centralized exchanges. Because transactions in uni require huge transaction fees, no one wants to use it here. Therefore, this number is very important for uni, and it is also the cornerstone for Defi to be truly accepted by people. At present, the biggest problem with decentralization is the cost of transactions on the chain, which has repeatedly hit new highs, making it difficult for other non-profit-making industries except finance to enter. In the future, when the infrastructure of the blockchain is gradually improved, the cake of the blockchain will increase. The bigger, and the blue ocean everywhere, the opportunity in the blockchain world has just begun, and Bitcoin is just a starter.

The CEO of American mobile payment company Affirm said that he may consider accepting Bitcoin. At first he was skeptical of cryptocurrency, but now he has to consider accepting Bitcoin. This is the trend and no one can stop it.

Alpha Innovations, an asset management company, will launch a $10 million fund to invest in blockchain companies. Bitcoin and blockchain technology are mutually empowering and complementary development.

The correlation of the top 10 cryptocurrencies by market capitalization is hitting a two-year low. This is a sign of a bull market. Bitcoin does not represent all cryptocurrencies. Its rise and fall should not drive other currencies. In the bull market sentiment, there will be no money. They are afraid to buy what they think is the right cryptocurrency.

The income of Bitcoin miners hit a record high last week. Regardless of Bitcoin's halving every four years, miners are making more and more money. This is the cleverness designed by Satoshi Nakamoto to make this network ecology bigger and bigger over time. Constant deflation creates tremendous value. At the same time, Bitcoin development activities have also risen to a high point. The greater the network benefits, the more developers, and everything is in a positive cycle.

Tether again issued 400 million USDT, and the inflow of funds is still continuing.

Market analysis

Bitcoin:

Today I set a new record high. I touched 50,000, but the momentum did not continue. It is expected that the high side will continue. In the near future, it will move around 50,000. Because 50,000 US dollars is a big psychological barrier, many people will choose 50,000. Take profit is completed above, so this position needs time to digest, shock is the best way.

ETH:

Ethereum basically follows the big pie. The small volume indicates that the selling pressure is not large. After the new high, it may bring a certain selling pressure, so it is also repeatedly oscillating around the new high.

DOT:

Continued to strengthen, yesterday and today's lower shadow shows that Polkadot is very strong, and it will continue to rise afterwards.

XRP:

The SEC and Ripple jointly sent a letter to the judge stating that “there is currently no settlement possibility” and the case will be delayed until August, so the short-term impact will not be large. The amount of callback will be smaller and smaller, and there is a need for rebound.

LINK:

Today is not too strong, but you can still hold it first.

BCH:

High volatility, you can hold it first.

LTC:

Can hold.

ADA:

The founder said that competing with Ethereum is like playing a karate match with a 96-year-old man, because the transaction costs of Ethereum are too high and there is no need to compete. This guy brags but has a hand, but the currency price is not bad, and the remaining positions can be taken first.

XMR:

Can hold.

DASH:

Yesterday was very strong, today the callback is not deep, you can hold. The third Monday of February is the annual President’s Day in the United States. The United States has one day off and major institutions are also closed. Therefore, the market is relatively calm today. There is not much news. Bitcoin continues to fluctuate repeatedly at high levels. There is only one day left for tomorrow during the Spring Festival. Life is going fast. After the new year, we must continue to work hard and strive to achieve greater glories together this year. Bitcoin has reached this position, and the number of times that it can turn upwards is getting less and less. The cheap bargaining chips we hold for thousands of dollars are very precious. If it rises to 100,000, it will be 10 times for investors who bought 10,000, and it will only be twice for investors who have just entered the market. The more you go up, the more so. This is the power of compound interest. In any case, I hope that everyone will try not to lose the pie. Whether it is a contract, or to buy other items, or to sell high and buy low, it is possible to lose chips. Try to hold it with value and be a friend of time. .

During the Spring Festival, the stock markets of various countries have also risen across the board. This once again reflects the power of the Fed to release water. Assets must be allocated in A shares. If you can’t buy them, you can buy indexes. Each fund company has index funds, so just keep your eyes closed. Just use it as a fixed deposit and put spare money for 5-10 years. The final result will definitely outperform inflation and make you live a more comfortable life. This kind of investment is not a short-term investment, so there are plans to use the money in the future. , It is still not recommended to participate in high-risk investments. It is difficult for China’s future real estate market to increase by several tens of times, and economic development requires a large pool to support it. At present, only the stock market may copy the experience of Europe and the United States. The slow bull market will continue, but Remember to be a long-term investment of spare money.

The total amount of Uniswap transactions exceeded 100 billion U.S. dollars. There is 100 billion of real money and silver, which is completely different from the 100 billion of centralized exchanges. Because transactions in uni require huge transaction fees, no one wants to use it here. Therefore, this number is very important for uni, and it is also the cornerstone for Defi to be truly accepted by people. At present, the biggest problem with decentralization is the cost of transactions on the chain, which has repeatedly hit new highs, making it difficult for other non-profit-making industries except finance to enter. In the future, when the infrastructure of the blockchain is gradually improved, the cake of the blockchain will increase. The bigger, and the blue ocean everywhere, the opportunity in the blockchain world has just begun, and Bitcoin is just a starter.

The CEO of American mobile payment company Affirm said that he may consider accepting Bitcoin. At first he was skeptical of cryptocurrency, but now he has to consider accepting Bitcoin. This is the trend and no one can stop it.

Alpha Innovations, an asset management company, will launch a $10 million fund to invest in blockchain companies. Bitcoin and blockchain technology are mutually empowering and complementary development.

The correlation of the top 10 cryptocurrencies by market capitalization is hitting a two-year low. This is a sign of a bull market. Bitcoin does not represent all cryptocurrencies. Its rise and fall should not drive other currencies. In the bull market sentiment, there will be no money. They are afraid to buy what they think is the right cryptocurrency.

The income of Bitcoin miners hit a record high last week. Regardless of Bitcoin's halving every four years, miners are making more and more money. This is the cleverness designed by Satoshi Nakamoto to make this network ecology bigger and bigger over time. Constant deflation creates tremendous value. At the same time, Bitcoin development activities have also risen to a high point. The greater the network benefits, the more developers, and everything is in a positive cycle.

Tether again issued 400 million USDT, and the inflow of funds is still continuing.

Market analysis

Bitcoin:

Today I set a new record high. I touched 50,000, but the momentum did not continue. It is expected that the high side will continue. In the near future, it will move around 50,000. Because 50,000 US dollars is a big psychological barrier, many people will choose 50,000. Take profit is completed above, so this position needs time to digest, shock is the best way.

ETH:

Ethereum basically follows the big pie. The small volume indicates that the selling pressure is not large. After the new high, it may bring a certain selling pressure, so it is also repeatedly oscillating around the new high.

DOT:

Continued to strengthen, yesterday and today's lower shadow shows that Polkadot is very strong, and it will continue to rise afterwards.

XRP:

The SEC and Ripple jointly sent a letter to the judge stating that “there is currently no settlement possibility” and the case will be delayed until August, so the short-term impact will not be large. The amount of callback will be smaller and smaller, and there is a need for rebound.

LINK:

Today is not too strong, but you can still hold it first.

BCH:

High volatility, you can hold it first.

LTC:

Can hold.

ADA:

The founder said that competing with Ethereum is like playing a karate match with a 96-year-old man, because the transaction costs of Ethereum are too high and there is no need to compete. This guy brags but has a hand, but the currency price is not bad, and the remaining positions can be taken first.

XMR:

Can hold.

DASH:

Yesterday was very strong, today the callback is not deep, you can hold.

ETC:

Don't play with him, just eat this wave.

ZEC:

DASH follow suit, brother.

DOGE:

Repeatedly tossing at the support level and digesting profit, Musk has to shout, don't worry.

SUSHI:

It’s a record high again. Today’s performance is not very good. Yesterday’s entry can be profitable and long-term investors can still hold it.

I won’t talk about other things. Since Bitcoin can cross around 50,000, it means that the selling pressure is not too big. If you want to adjust downwards, it will break through 50,000 at least once, such as 51,000 or 52,000. Wait patiently.

ETC:

Don't play with him, just eat this wave.

ZEC:

DASH follow suit, brother.

DOGE:

Repeatedly tossing at the support level and digesting profit, Musk has to shout, don't worry.

SUSHI:

It’s a record high again. Today’s performance is not very good. Yesterday’s entry can be profitable and long-term investors can still hold it.

Since Bitcoin can cross around 50,000, it means that the selling pressure is not too big. If you want to adjust downward, it will break through 50,000 at least once, such as 51,000 or 52,000.