"The Man Scammed by LUNA" 3: In the second month, the currency price rose strongly again after falling back to 28,000 US dollars. In just three weeks, the increase reached an astonishing 103%, jumping to more than 57,000 US dollars. Meng Fei took the opportunity to sell off all the Bitcoins he had accumulated. Including the portion dug out that month, he made a total of 75,000.

With profits exceeding RMB 70,000 in two months, Meng Fei suddenly became more enthusiastic and confident in Bitcoin. He felt that he should take advantage of this craze to buy more mining machines and try to hoard more coins before the difficulty of mining increased. Sell ​​at the high point at the right time to maximize profits.

There is a certain lag in mining difficulty, and it will not increase immediately with the increase in currency prices.

People always have the desire to buy something when they see a high profit. Therefore, whether it is in the stock market or the currency market, the majority of investors are chasing the rise. They have a unified name - one Plant green plants.

There is a saying that when the adults and aunties buying vegetables in the market are talking about stocks, don’t think about anything else. That is definitely the high point of the bull market, so run away from the top.

In the same way, when everyone discovered that the price of Bitcoin had soared to more than 50,000 US dollars, they reacted belatedly. Desire drove them to rush into the currency circle, waving their banknotes to buy mining machines or directly speculating in coins, while pushing The high price of mining machines will push up the difficulty of mining, and then you will be cut off.

This phenomenon is not only common in the stock market, but is also common in other places, such as raising pigs and growing vegetables. This pattern exists internally.

When the price of pork rose almost as much as the price of beef, farmers thought of buying piglets. However, when they worked hard to raise the piglets and fatten them, they found that the price of meat had already dropped...

Just one word, Gan!