Why Bitcoin is sold with a handling fee (what does selling Bitcoin mean)

According to CoinDesk, why is Bitcoin sold with a handling fee deducted Most of the time in the coin circle, they are in a state of loss. For example, the money earned by friends who have just entered the market has not been transferred back; Wait until everyone makes money and go find a friend to exchange money But in fact, many investors do not pay much attention to this issue, but rather pay more attention to one point: has Bitcoin become a valuable asset? If that’s the case, why not sell it? Let’s take a look at the following picture:

This is a very simple example: if you want to buy Bitcoin, you need to first give it a price range of 5 yuan, then cash out its amount (or use legal currency), and then convert these digital currencies into cash or other things in the bank Of course, there is another saying that you only sell when the price drops to $1, but this situation does not necessarily require selling to occur. So when trading, it is important to be particularly careful when arbitrage occurs – that is, there is a significant gap between the exchange and large investors, and the reasons for this phenomenon are simple Firstly, your financial security will never be affected. Secondly, you need to know that your account is not controlled by others; Finally, do not let anyone manipulate your investment decisions, nor do you believe that you have certain rights; Finally, you must have sufficient strength to ensure your position in this field and achieve success; Finally, we must not attempt to hit the market or rebound in order to speculate and short

What does selling Bitcoin mean

In the coin circle, selling refers to the option to sell assets or directly realize the holding amount if the purchased Bitcoin price falls below the current price.

. For those who buy and sell digital currencies, in order to allocate a portion of their investment portfolio to purchase Bitcoin, they need to have the corresponding knowledge to understand what it is and its value, how to use it, and how to operate it In general, if investors want to obtain more profits, they must first understand this process and method in their familiar language. For example, if you want to make money through the stock market, you first need to be a trader and then find an investment variety that allows others to participate. This way, you can benchmark others’ risk exposure while ensuring that your investment return rate is higher than others. But there are also some problems with this approach, which is because without such a professional background, people will not understand this point. Therefore, when we judge whether a digital currency will rise to a certain level, we should be cautious, rather than blindly chasing high and buying.