For those small partners who invest in Bitcoin, if they need to withdraw cash in the process of investing in Bitcoin, they actually need to go through offline transactions instead of so-called wealth management software. At present, many countries and regions have not recognized Bitcoin as a virtual currency, and even some regions have listed Bitcoin as the object of prohibiting speculation.
Bitcoin suddenly plummeted.
After reaching $65,000 before Bitcoin, the current Bitcoin is in the callback stage, and there will be a staged big dive almost every once in a while. Now bitcoin has fallen a lot, and it is currently around $50,000. Due to the instability of the bitcoin market, sometimes it can even plummet thousands of dollars in just one hour, which has also caused many people to explode their positions and lose their money.
Bitcoin itself is not allowed to withdraw cash.
We can understand that Bitcoin itself is a virtual currency. Although this virtual currency can be linked to the real currency, it is not through the withdrawal method of a platform, but through the offline transaction of bitcoin holders. If a person wants to trade bitcoin, he needs to exchange bitcoin with legal tender of the same value, and then conduct offline transactions through legal tender. Although bitcoin can be traded at present, it is not recommended that everyone speculate on bitcoin.
Everyone is not encouraged to speculate on bitcoin.
Because the bitcoin market is particularly unstable, there will be a sharp rise and fall in a short time. For the current bitcoin, bitcoin itself is already at a historical high, and now many investors are only taking over at a high level. An ordinary investor can't even bear the fluctuation of the stock market, let alone a virtual currency like Bitcoin.
It is no exaggeration to say that a day in a coin circle is 10 year on the earth. I think investing in virtual currency, like riding a roller coaster, is not suitable for most people.