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Bitcoin’s price dropped by US$7,000 in 7 days. Have bookmakers started to harvest “leeks”?

I think the possibility is very high.

Bitcoin, as a digital virtual currency, is becoming an asset pursued by adventurers around the world, and the price changes of this asset are so dramatic that it is jaw-dropping. The trading of digital virtual currency is like playing a game of people's hearts. People with strong psychological quality and good layout are often easy to become the final winners.

There once was a crazy growth rate of 5 million times in 480 years. If you had bought Bitcoin in 2010, then maybe you have now reached the peak of your life and become the leader of your life. Winner now.

If you have only recently held Bitcoin, a $7,000 drop in Bitcoin in seven days may cause significant harm to your investment.

The game of Bitcoin is heartbeat. If your psychological quality is not strong, you may have fainted in the bathroom from crying. Behind the skyrocketing or plummeting value of Bitcoin is people's crazy speculation on this digital virtual currency. We all know that our legal currencies, such as the RMB, the U.S. dollar, the Euro, and other currencies backed by national credit, may be affected to a certain extent due to various factors, and their values ??may depreciate or rise, or even financial crises or financial bubbles may occur. etc.

Not to mention, Bitcoin exists as a virtual currency, and it is not backed by a strong national credit. Transactions are more derived from the supply and demand gap or psychological games between investors and acquirers.

Once there are financial giants speculating on shorting Bitcoin, retail investors without relevant investment experience are very likely to be cut off.

In addition, the forked version in the Bitcoin community has also caused damage to the value of the original Bitcoin, making it unpredictable.

So if you are a person who does not know the truth, it is better not to touch such digital assets that have ups and downs and whose investment status is not legalized. After all, the first priority of investment is asset safety.