Too many fans have sent private messages asking me whether I can still speculate on Bitcoin and some altcoins now. I think you may not have read all the experiences I wrote. My experiences are recorded in it.

Asking me these questions has one purpose: to get rich quickly through virtual currency.

When these people ask these questions, they know that they don’t understand anything. They are itching to watch others make money by buying Bitcoin and various altcoins.

Then I want to ask: Each Bitcoin is now 200,000, how many do you plan to buy?

Ordinary people, most of them can only afford a few thousand or tens of thousands.

If you are asked to spend hundreds of thousands or millions to buy the bottom, you probably don’t have the courage yet. What's more, you probably don't know whether the current bottom is a bottom.

Then some people will say, I don’t want it to rise, can’t I just go short on leveraged futures?

Then I'll be surprised. I can only congratulate you on the title of Leek.

If you are related to Dazhuang, that's a different matter. Either you have the skills to hack into his computer and know his plan, or else you can do futures leverage from the perspective of technical analysis. It will make you doubt your life every minute.

Then some people are dissatisfied and say, I have made a lot of money doing leverage, but you have not understood a sentence: misfortune lies on the back of good fortune, and good fortune lies on the back of misfortune.

People in the market often say that if the contract does not die, the bull market will not come. Harvesting contracts has become the lowest cost method for bookmakers to make money.

Whether you are short or long, you cannot win.

Let me tell you this, Bitcoin's market is not like the stock market, and its capital volume is not yet at the level where multiple shareholders are required to control the market.

The banker controls the market and trades can actually be seen everywhere.

Many cryptocurrencies have increased dozens or even hundreds of times under the manipulation of bankers, allowing speculators who followed the bankers to make a lot of money.

There are also speculators who are unable to leave the market when the dealers smash the market, and they lose all their money.

Knowing whether a currency has a banker means knowing whether the price of the currency is artificially controlled.

There are opportunities for banker's coins, but there are also crises, which once again highlights the principle of profit and loss coming from the same source.

In this kind of blockchain, a small number of people control most of the coins.

For example: There was a vendor on the road who put a bowl in front of him and asked you to guess whether there was one ball or two balls in my bowl. If you guess correctly, you will get a prize.

So should you guess one or two? The answer is that it’s useless to guess several. You will lose regardless of whether you guess one or two.

The person setting up the stall is the banker, because he can control the ball at will.

How much he wants to win only depends on how he wants to play you. As long as the dealer has unlimited control over the market, you will lose whether you go long or short.

For example, if I open a mining pool now, I can name it casually, let's call it Control Coin. The number is 10 million, of which 8 million will not be released, and only 2 million will be released for outside mining.

Then go to the exchange where it is listed, and then find some support to speculate on it. As long as it is listed, it will be bought, and it will be bought as soon as it is listed.

Are you excited at this time? You think it will continue to rise if you don’t buy it, so you join the ranks of buying coins.

As the price of speculation gets higher and higher, it has already reached 100 yuan each.

At this time, you calculate the value of the 8 million coins in the banker's hands. It cannot be ruled out that the banker is still mining his own coins in the mining pool, and the actual control is more than 8 million.

At this time, the dealer has the ability to unlimitedly control the market in both directions.

If you want to increase the price, you can raise the price to 1,000 yuan each. If someone dares to short-sell, the consequences will be disastrous.

I can keep shorting, and if you add to your position, I will keep shorting, keep speculating, and force you to cover your position.

If I want to cash out, I will speculate and sell at the same time. The banker has more than 8 million coins in hand.

If you want to buy the bottom, then how much capital do you need to be able to buy it, not to mention that the bottom may be the top of the mountain.

You said you had money, I took out 8 billion and copied all the coins back. That's better. Zhuang said you should keep it all to yourself.

I'm going to get another Peak Coin and continue playing.

Bitcoin is the most successful and ruthless scythe in the world. It has increased more than 10 million times since 2009.

In the early days of Bitcoin, there were too few people who could mine or buy it.

Therefore, whether it is mining altcoins in exchange for Bitcoin, or buying Bitcoin directly, the opportunity has now been lost.

What you buy now for 50,000 yuan is less than one-third of the currency. Even if it rises to 1.4 million, how much money can you make?

Can it rise to 1.4 million, and how long will the cycle be?

At its peak, it was only more than 400,000 yuan. After more than ten years, it rose to 1.4 million, which is almost impossible.

Some people may say that if you say that it is not possible to buy directly or make a contract now, does it mean that you are cutting off people's financial opportunities?

Bitcoin has now passed the prime time for your asset allocation. Just like real estate speculation, it is undoubtedly the same as asking you to use a large amount of funds to speculate in real estate now.

If you buy it at the current price, you will definitely be at the top of the mountain. Unless you have faith, you can hold it for many years and don't care about fluctuations.

Someone asked: Does Bitcoin still have value?

I think it is valuable, but what is its value?

Like diamond antiques, it requires people's consensus to be established. As long as there are still people who believe in it, it will not collapse and it will have value.

Therefore, scarcity cannot measure the value essence of a thing. As long as it is digital, it can be infinitely subdivided. The greatest thing about Bitcoin is the thought of Satoshi Nakamoto.

Let people rather trust machines than people. This is the underlying logic of blockchain.

Therefore, it is no longer possible to achieve sudden wealth through Bitcoin, but through Bitcoin, financial appreciation can be achieved.

So whoever tells you today that you can get rich by buying Bitcoin, you must not believe it. Bitcoin cannot achieve sudden wealth now, it can only achieve financial appreciation.