519 is still vivid in my mind! The prices of Bitcoin, Dogecoin, etc. experienced a historic plunge. However, the next day, Bitcoin rebounded nearly 40% from the lowest point, which rekindled the hopes of many investors.

Since the beginning of this year, digital cryptocurrencies supported by celebrities such as Bitcoin, Dogecoin, and Shiba Inucoin have become popular around the world. The new generation of young people who grew up in the Internet environment regard "speculating on cryptocurrencies" as a trend. However, the recent instability of the virtual currency market has caused many people to begin to reflect on whether "speculating on cryptocurrencies" is a smooth road to wealth.

The prevalence of virtual currencies is mainly due to the huge profit temptation. Bitcoin has increased by more than 10 million times in the past decade, Dogecoin has increased by 130 times in a year, and various new virtual currencies and cryptocurrencies that imitate Bitcoin have also been eye-catching. However, with the rise in investment enthusiasm, the industry order is in chaos, scams are emerging in an endless stream, and the phenomenon of "cutting leeks" is common.

At present, countries around the world have different attitudes towards virtual currencies. my country has expressly prohibited any commercial activities related to virtual currencies. The China Internet Finance Association, the China Banking Association and the China Payment and Clearing Association jointly issued an announcement to prevent speculative risks in virtual currency transactions, emphasizing that virtual currency is not a real currency in my country and cannot assume the role and value of market circulating currency.

What do you think about the future of virtual currency? Do you think "speculating on currency" is a viable way to get rich?

Finally, if you are a pure novice and you want to rush into the currency circle when you see BTC hit a record high, then I suggest you pay attention to me first, study the currency circle knowledge with me, and consolidate your own foundation. Only in this way can you go steady and far. #BTC☀ #doge⚡ #SHIBA🚀