Investment in virtual currency is my specialty, and of course I bought bitcoin. Although it seems that I don't earn much now, the improvement of my investment ability makes me bite my teeth. It is no problem to let parents enjoy their old age and let future children get more resources in the next bull market.

So this answer, as long as you are optimistic, I believe it will make you add points in your future investment and money-making growth!

First of all, I usually read all the answers. Some people say that they have made money, but after selling it, Bitcoin is still rising. Others said that they lost money and entered the market blindly at a high position. As a result, they plunged and cut their meat and left.

There are also those who play futures contracts, and they are heavily in debt and even divided. In a word, all this, in my opinion, boils down to two points. One is that they don't know enough about the nature of Bitcoin, and the other is that they don't have a clear understanding of the market cycle of the blockchain industry.

(I won't go into details about the nature of Bitcoin in this answer, because I have already answered it in another question. You can pay close attention to the currency in detail and check the past answers of the currency. )

So what I want to focus on today is the blockchain industry and the cycle of Bitcoin, which will be fully explained in three parts:

1. What is the market cycle?

2. What is the cycle of Bitcoin and the cycle of blockchain?

Third, how to use the cyclical law to seize the opportunity of the times, invest correctly, and change fate?

1. What is the market cycle?

If you usually need to buy food and cook, if you look closely, you may find that the price of pork has increased recently, with a maximum of more than 40 yuan per catty.

The cheapest pork I have ever bought is about 7 pieces. Even after the report of classical swine fever, the public panicked, the demand fell in a short time, and the output of pigs also fell. Supply exceeds demand, which leads to price drop.

After a period of time, the swine fever incident was slowly adjusted and the daily needs of the public resumed. With the coming of holidays, the demand is increasing slowly. However, many pig farmers killed all their pigs n years ago, and the price soared because of the shortage of supply.

This is an example of pork price. Let's look at another example of garlic price that happened in previous years.

You will find an interesting rule, that is, inflation leads to what people call "money is worthless" natural disasters, which leads to a decline in output, oversupply and a sharp rise in prices. Middlemen took the opportunity to hoard goods, manipulate prices, and unscrupulous media trumpeted them, causing panic in a larger area.

Just need to add people's ignorance of snapping up, leading to further shortage, opaque market news, leading to farmers planting in large areas.

Overproduction leads to oversupply, prices plummet, nobody cares, and output declines ... The whole process of "ups and downs" is completed in 2-3 years.

All these together constitute what we call the "market cycle".

As an ordinary "garlic farmer", as an official of the National Development and Reform Commission said when commenting on this matter: "In the cycle of bumper harvest-falling prices, reducing production-increasing prices, farmers always lag behind the pulse of the market and will never" step on time! " "

What is the reason behind this?

2. What is the cycle of Bitcoin and the cycle of blockchain?

We will pull our perspective back to the blockchain asset investment company and find the answer here.

Let's make an analogy between the cycle of "garlic" price change and the change of blockchain "cycle" presented by bitcoin price change.

Regarding the cycle of Bitcoin, Zhao Dong, a well-known investor in the blockchain field, made such remarks in the Weibo of 18: (Please note that I am talking about Zhao Dong next. )

# Ou Yi OKEx# # Bitcoin [Chaohua] # # digital currency #