1. PixelPlaygroundHome
  2. Web3 News

Why can others place orders when trading Bitcoin (why Bitcoin cannot be sold)

• Web3 News • 133 views

Why can others place orders when trading Bitcoin (why Bitcoin cannot be sold)

Why can others place orders when trading Bitcoin? Why can others place orders when trading Bitcoin? Several common issues during Bitcoin trading 1. What is a pending order? If someone buys a certain coin online, you need to first find someone else to do a paid transaction (such as I ordered myself a 100 yuan coin), but the other person is unwilling to sell the coin to him. So how can we get others to help you buy and sell? 2、 Why use automatic transaction orders? In order to facilitate machine operation, users can complete transactions and earn commissions by automatically closing orders. But when customers do not make payments in a timely manner, they cannot achieve profits through automatic matching. For example, if you purchase 1 yuan or 1000 yuan of digital currency online, it will be automatically traded. 3、 Why do you need to provide your own deposit on the platform? Many people believe that providing confidential option services to customers on the platform is high-risk, but many friends believe that this can make money because the platform’s financial strength is strong enough and can meet everyone’s needs and needs. Therefore, they will choose some exchanges as their custodians or intermediaries for delivery. Of course, this is not enough, but currently most merchants refuse to accept such payment methods, resulting in significant price fluctuations and high costs. So many investors are beginning to pay attention to this and also looking for new solutions Why use automatic transaction orders? Firstly, from the perspective of transaction volume, there are generally two transaction modes between individuals: one is trading off the exchange; The other type is online and offline orders. In this process, users usually connect with the platform in the form of cash or fiat currency before directly entering the market for trading. This is because traders do not need to actively ship in order to complete the order, and then determine the buying and selling amount based on the trader’s credit status for the order and the relationship between the two parties. This type of company typically charges commissions throughout the entire trading cycle to generate profits. In addition, it is a bit like Alipay, which has a deep connection with the blockchain industry In the traditional financial field, most people’s trust is built on centralized institutions, which often rely on intermediaries to maintain their business operations. With the development of crypto assets becoming more and more mature, banks and other institutions have become wealth saving places for many users, which has also made it easier for more people to participate in investing in crypto assets. 6、 Why do we need to do ‘self operated’ trading? Firstly, for professional investment companies, they can entrust their asset management products to professional fund managers, making it easier for them to obtain more sources of income and utilize their resources. Secondly, for teams with strong capital advantages, they can sell various securities in the existing market, including stocks, bonds, gold, and even real estate investment vehicles. In addition, the business scope of these investment companies is very broad

Why Bitcoin cannot be sold

Editor’s note: This article is from Caiyun Blockchain (ID: cybtc_com) and is authorized to be reprinted by Daily Planet Why can’t Bitcoin be sold? Because it lacks any fundamental support and is highly volatile. In 2017, people believed that the price of Bitcoin could reach $50000, but later it was discovered that the price had dropped to over $20000. Some people began to use these assets as investment strategies and hedge risks through portfolio management. However, by the end of 2020, as more and more investors enter the Cryptocurrency market and flood into this field, a number of irrational investment behaviors appear in the market. This wrong behavior will cause many speculators to suffer losses. Therefore, many people choose to sell their money to trade in other currencies in order to avoid their own losses or profit taking, thereby bringing themselves greater market space and profits. But when a new project is launched, some problems arise, and these people are often unable to bear the rewards they bring; They may even miss a specific moment in the next bull market. The final result is that these investors are forced to sell their tokens at a low price and continue investing until there is sufficient funds to support the growth of new projects. So, if it is not yet affordable, it is likely that more tokens will be purchased until the price returns to normal levels. What is’ Don’t Short ‘? In fact, ‘short selling more’ refers to digital currencies that will not be sold in the short term, just because you want to make more money. For those who have been bullish for a long time, this operation is not illegal. For example, if you think Bitcoin is a good thing, then sell your token! In fact, this is a very simple thing, as long as it takes a little time, you can see changes in the market and opportunities to make money. If you always take 10 or 1 times of the profits in the Secondary market speculation, you will be afraid, and then you will feel that Bitcoin will become useless and worthless. In fact, even if we use Bitcoin for trading every day now, a similar situation will occur in the next few hours. So I suggest everyone not to short Bitcoin, but to use appropriate trading tools to better control the security of positions and margin, as well as maintain cash flow. In addition, one of the biggest characteristics of Bitcoin is that it is transparent and trustworthy, and its security attributes are also consistent with traditional stocks.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/22399/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/07/2023 02:09
Next 08/07/2023 02:31

Recommended articles