As Bitcoin surges again today, more and more people are definitely paying attention to the currency circle.
There is something you must not do in the currency circle
Just watch the news to influence your investment strategy
Let me share with you some reasons
1. Currency trading is open 24 hours a day. When you see the news, the market has already reflected the price. If you go in to chase higher, the probability of becoming a leek is very high.
2. In today's era, anyone can make a video or write an article and it will be regarded as news. Often it may be just a personal opinion or an industry-related project that costs money for a new project. You only need to search on YouTube to see. If suddenly several KOLs start talking about this project or recommending this project, you can probably know whether it is professionally matched with DYOR. The most important thing is not to invest your hard-earned money just because a certain YouTuber said something.
3. The operation of the world's wealth is controlled by several of the world's largest consortiums. The U.S. government is also supported by a bunch of consortiums, not to mention controlling the media. This is a piece of cake for the consortiums. Just tell me one thing when BlackRock is preparing to apply. There have been many brokers who have wanted to apply for spot Bitcoin ETF before but have never been able to get it approved. When BlackRock wanted to participate in Bitcoin, it was approved immediately.
What do you think
4. When institutional consortiums come in, their operations will only increase. With the assets controlled by these large consortiums in the United States, under the current market value of Bitcoin, it is only a matter of whether or not to control the currency price. It is not a matter of whether it can be done. To control the currency price, it is easiest. The way is through public opinion and news
5. In recent weeks, the buying volume of Bitcoin spot ETF has far exceeded the selling volume of Grayscale. Sooner or later, all the Bitcoins in the OTC market will be bought, and then you can only go to the exchange to buy spot. When the price squeezes Bitcoin, it will There will start to be a huge surge. If you want to buy cheap Bitcoins, just create a few panic messages and they can buy the desired amount at a cheap price.
The above suggestions are for all investors in the currency circle.
Some different ways of thinking