The Mentougou incident has caused another wave of turmoil in the blockchain. Is the wolf really coming? Where is the bottom of the pie?
#Mt.Gox将启动偿还计划 #非农就业数据即将公布
How did the Mentougou incident come about?
The Mentougou incident (Mt. Gox incident) refers to the incident in which Mt. Gox, once the world's largest Bitcoin exchange, declared bankruptcy in 2014, causing a large number of Bitcoin users to suffer heavy losses. Mt. Gox claimed at the time that due to technical loopholes and hacker attacks, about 850,000 Bitcoins were lost, accounting for about 7% of the total Bitcoin. This incident not only caused a sharp drop in Bitcoin prices, but also plunged the entire cryptocurrency market into a crisis of trust.
As soon as the news came out, the price of pie fell. Everyone is worried that if the compensation is sold on a large scale, the price of Bitcoin will fall rapidly. Other altcoins are also affected, and the overall market sentiment is quite pessimistic again.
Faced with the re-fermentation of the Mentougou incident, how should investors respond?
1. Stay calm:
Don't blindly follow the trend and sell, stay calm, and observe market trends rationally.
Try to avoid emotional trading and make a clear investment plan.
2. Do a good job of risk management:
Diversify your investments and avoid investing all your funds in a single asset. Set stop loss and take profit points and adjust them in time according to market dynamics.
3. Pay attention to market dynamics:
Pay close attention to market news and policy changes, and adjust your investment portfolio in time. Pay attention to the follow-up development of the Mentougou incident, understand the progress of compensation payment and the actual impact on the market.
4. Long-term perspective:
Take a long-term view of the cryptocurrency market and avoid excessive impact of short-term fluctuations on emotions and decision-making. Maintain confidence in cryptocurrency technology and future development, and look for long-term investment opportunities.
The bull market is still there. If you don't know how to layout, you can find me through the pinned article. I B will share my experience and strategy with you.
