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In the global recession, nothing is safe. When economic activity is at its lowest point, people are in desperate need of money. In this state, it is not surprising that the price of Bitcoin has fallen.
In fact, if there is Bitcoin, many people will sell it. This is to be expected. Bitcoin's value will inevitably fall like stocks. Bitcoin's market is not absolutely independent of what is happening in the world. This is obvious.
But Bitcoin will not go bankrupt, it will not happen. The company may go bankrupt, and even the country may fall into a debt crisis. But Bitcoin will not reach that state. Bitcoin will eventually rebound
why?
In fact, if there is Bitcoin, many people will sell it. This is to be expected. Bitcoin's value will inevitably fall like stocks. Bitcoin's market is not absolutely independent of what is happening in the world. This is obvious.
But Bitcoin will not go bankrupt, it will not happen. The company may go bankrupt, and even the country may fall into a debt crisis. But Bitcoin will not reach that state. Bitcoin will eventually rebound
why?
Bitcoin is not like gold. Gold has a practical value endorsement, but Bitcoin does not. If Bitcoin is banned, then Bitcoin will eventually die out.But as long as a country recognizes Bitcoin, then Bitcoin is valuable, or only a few local tyrants recognize that Bitcoin is also valuable.
1. Become a pricing anchor with dual functions of virtual currency and virtual commodities in the virtual world, corresponding to the role of gold in current legal tender;
2. An asset with its own return and risk characteristics that may become the asset allocation of institutional investors and hedge against inflation or dollar risks;
3. Become an intermediary for cross-border and cross-border transactions of large-value commodities, because this type of transaction traditionally relies on banks, the transaction time is relatively long, and the cost is relatively high.
The future development of Bitcoin will be closely related to the regulatory attitudes and the development of legal digital currencies of central banks in various countries. In fact, Bitcoin supporters' criticism of the traditional currency system can be solved by legal digital currency and further optimize the existing currency system.
2. An asset with its own return and risk characteristics that may become the asset allocation of institutional investors and hedge against inflation or dollar risks;
3. Become an intermediary for cross-border and cross-border transactions of large-value commodities, because this type of transaction traditionally relies on banks, the transaction time is relatively long, and the cost is relatively high.
The future development of Bitcoin will be closely related to the regulatory attitudes and the development of legal digital currencies of central banks in various countries. In fact, Bitcoin supporters' criticism of the traditional currency system can be solved by legal digital currency and further optimize the existing currency system.
Re: I think many people are free to buy Bitcoin wealth, but I feel powerless
Many years ago, my younger brother was already financially free, and I once got into this problem. Many years later, I actually think I have found the answer.
In fact, whether there is money, and how to live, these two seem to be very close, but in fact they can be separated. Of course, trying to figure out how to make yourself financially free is the direction of life. You must first have a savings, and then invest it in what you think is right. Others are really resigned.
Don't be hypocritical, and feel the loss of opportunity before the first amount large enough to invest, because you don't even have an admission ticket. Don't want to miss this opportunity. First of all, you must really prepare. In addition to money, you must also find the most stable direction for your return on investment.
Before earning the first pot of gold, you still have to be a conscientious person, do your job well, and be like an individual to your friends. Personal reputation will accumulate positively in the long run, and it will be more in the future. The possibility of more investment, so the work is still very meaningful.
If money reaches a certain point, it’s really just a number. Don’t wait until that point to think about how you want to live your life. You should find a way to earn this money on the premise of living a good life. Don’t make money if it doesn’t come. I've gone or collapsed, or the money is in place, but I don't know how to make myself live well.
I said that I dared to answer this question myself. It’s really like this. My pursuit in life was not so utilitarian at that time. The focus is on living a good life first, so that I can answer you with confidence now, even if I am. I have missed the opportunity of Bitcoin, and I will not regret it, because even if I have Bitcoin, my house may be doubled, driving a better car, but still have the same life.
In fact, whether there is money, and how to live, these two seem to be very close, but in fact they can be separated. Of course, trying to figure out how to make yourself financially free is the direction of life. You must first have a savings, and then invest it in what you think is right. Others are really resigned.
Don't be hypocritical, and feel the loss of opportunity before the first amount large enough to invest, because you don't even have an admission ticket. Don't want to miss this opportunity. First of all, you must really prepare. In addition to money, you must also find the most stable direction for your return on investment.
Before earning the first pot of gold, you still have to be a conscientious person, do your job well, and be like an individual to your friends. Personal reputation will accumulate positively in the long run, and it will be more in the future. The possibility of more investment, so the work is still very meaningful.
If money reaches a certain point, it’s really just a number. Don’t wait until that point to think about how you want to live your life. You should find a way to earn this money on the premise of living a good life. Don’t make money if it doesn’t come. I've gone or collapsed, or the money is in place, but I don't know how to make myself live well.
I said that I dared to answer this question myself. It’s really like this. My pursuit in life was not so utilitarian at that time. The focus is on living a good life first, so that I can answer you with confidence now, even if I am. I have missed the opportunity of Bitcoin, and I will not regret it, because even if I have Bitcoin, my house may be doubled, driving a better car, but still have the same life.
Why do many people who do not understand Bitcoin slander Bitcoin?
After the recent bleak market. Many people do not even understand the basic principles of Bitcoin and blockchain knowledge, so they attack Bitcoin. What kind of mental state is this?
I think Bitcoin is a very interesting attempt, a great innovation as a virtual currency, and I think it will exist for a long time. Its value support lies in people's commemoration of the pioneer of this virtual currency and the huge bubble created by it.
Congratulations! The way I look at it is that the dollar I put in to bitcoin will be 100% mine, on-demand 24/7 365 days and not a single corporation can tell me that i need to pay a hefty fee just to move it or tell me that they are closed and the errand will take roughly 3-5 days to process. I like to see the value go up but I honestly do not care. 
Welcome to the club!
Welcome to the club!I have had it before. I just can't fall asleep, nor can I fall asleep without playing a mobile phone or doing other things. This is because of a bad mental state. You should not check your own body, but your own psychology.
I prefer to play basketball. I have fallen in love with it since I was in school, but now that I have fewer opportunities after working, I also fell in love with this sport because of my beliefs. 
It is true that death is the end of life, in fact it is also the beginning, and everyone is the same regardless of good and evil. For the beginning after death, no one has the distinction of wealth or rank.
From a scientific point of view, after death, we are transformed into an exceptional form of existence, but this form is not visible to existing humans.
From a scientific point of view, after death, we are transformed into an exceptional form of existence, but this form is not visible to existing humans.
Study habit: be friends with successful people
Edison once said: "Knowledge is second only to virtue. It can make people truly and truly surpass others." Learning to learn and forming a good habit of learning is what the Internet age provides us with a person to be creative and improve. Opportunity for your own wisdom and ability. Seeking knowledge and learning is to put yourself in a successful environment. It is to listen to the teachings and advices of talents, to be friends with the winners, and to learn the methods of success from the winners.
Edison once said: "Knowledge is second only to virtue. It can make people truly and truly surpass others." Learning to learn and forming a good habit of learning is what the Internet age provides us with a person to be creative and improve. Opportunity for your own wisdom and ability. Seeking knowledge and learning is to put yourself in a successful environment. It is to listen to the teachings and advices of talents, to be friends with the winners, and to learn the methods of success from the winners.
Go to watch some funny movies: watching movies is something that many people like to do. When we feel more stressed, we might as well go to the cinema or at home to watch a funny movie. In the joyful atmosphere of the movie, our mood is also Will be infected and relieve stress invisibly. 