Bitcoin is a scam, so you must be cautious when investing and managing money.

Even for gold, which is called "hard currency", the price of gold will not only rise but not fall. There is no bubble in gold itself, but if the price is too high, there will be a bubble, and the bubble will eventually burst. The same is true for virtual currencies such as Bitcoin. The more common virtual currencies there are, the closer the value of Bitcoin is to 0.

This kind of currency that is purely calculated as a digital symbol has no asset support, no financial revenue and expenditure, no cash reserves, and no use value. It is just a circulation symbol. Once it loses its credit guarantee, it is A pile of beautifully printed scrap paper. Investors should be wary that there is no so-called safe investment in this world, and all investments are risky.

Extended information:

Investment is more of a kind of virtual currency speculation. Investors should strengthen risk prevention awareness and identification capabilities. If the identity of the other party cannot be confirmed, do not When it comes to money, don't trust low-risk, high-return investment products, especially don't join unchecked financial and investment groups. These are often well-designed traps by telecom scammers.

It is best to purchase investment and financial management products accompanied by children, learn about it from official and authoritative channels, and report it to the police in time when you find that you have been deceived. Protect various account passwords, identity information, etc., and do not tell others easily. Anyone who mentions the need to transfer money should be on high alert and consult with a trusted acquaintance.