In this year's bear market, which has been more than half a year ago, many of the currency friends are waiting for a rebound, but they are waiting for an accelerated fall, break, zero, and off the shelf! OK this time to take the lead in releasing the rules of the next, and then, the other major platforms will continue to implement the rules of the underlying currency, because this is a series of reactions in the market after the return of the currency value.
In fact, 99% of the current currency projects have no actual application, and they are not commercialized. That is to say, they have no income and no profit. In the big bull market, there is still a lot of money to speculate, but in the bear market. In the middle, big money can't wait to profit early, there is no bottom line plunging, the currency circle is experiencing a bloody big cleansing, there will be more zero-return coins, and waves of zero return will continue Attack us.
Every ICO release will have a white paper, and we will first study the white paper. Usually the white paper will disclose the team materials, technical background, usage scenarios, future development space, etc. of the currency project. After carefully reading the white paper, the currency project has a certain understanding, especially at this stage, the possible future development prospects may be more worthy of attention, as well as the technical background.
Secondly, whether the currency project solves the problem of an industry, whether the product demand exists or not, if the project can not clearly describe the solution of the corresponding scene, the idea of special leave, the sky is empty, it is basically the air coin project.
Thirdly, depending on the technical capabilities of the project, the blockchain can be hot, and the new technology and new concept brought about by the project is one of the reasons. The blockchain is characterized by decentralization, traceability, and non-tampering, and whether the technical capabilities of the project are consistent. Whether there is innovation, whether there is open source, whether it requires data storage, whether there are trusted third parties, and so on.
Finally, look at the currency exchanges and their trading volume. Generally, a certain size or well-known exchanges will have a relatively large review of the project. If it is a small exchange or even an unrecognized exchange, the risk will not be natural. It goes without saying. The bigger the transaction volume, the better. As far as the current trading environment is concerned, it is recommended to observe the top 50 currencies of the market value and transaction volume as much as possible. Others will be less good.
At present, the bear market of the virtual currency market has not yet ended, or the imaginary value of the currency is too high. Now it is returning to its own price. In the bear market brought about by the return of value, it is difficult to guess from the valuation of the currency. Go to the bottom of the market because we don't know how to calculate the valuation for these currencies. Although some of the value coins are affected by market volatility and may be underestimated, the market has not yet warmed up. Returning to the air currency is an essential return, and the loss of investors will be irreparable.
The prosperity of the currency circle last year, and the decline of the currency circle this year, all come so fast, in fact, for investors, it is a behavior that returns from speculation to value investment. Something of value is definitely rare. At present, the situation of the currency indiscriminate currency must go to its dross and take its essence to reflect the value of digital currency.