Why is it most taboo to mine coins? (Why can’t we dig graves?)

Why is it most taboo to mine coins? According to official sources, recently, Zhang Yiming, the CEO of the well-known domestic mining company, Coinprint Mining Pool, assured everyone: “Now it is the year-end for exchanges, I will not give you money anymore.” This statement also explains to some extent why mining coins is most taboo. Because “on-chain assets are always public, transparent, immutable, and traceable,” and the authenticity of this information cannot guarantee the safety of investors. Therefore, we often consider the price of Bitcoin as a bubble, so we must be careful in investment and not easily believe in exaggerated promises. At the same time, we must be vigilant about various scams and not be misled by these fake news to anyone, and find ways to avoid possible legal issues.

Why can’t we dig graves?

Digging graves is to solve this problem. If there is no way to get rid of the concept of “mining farm” and the so-called “capitalism”, then we should use the simplest logic to understand why we can’t dig? In the world of blockchain: “no matter who you are”, anyone who wants to buy coins or invest needs to open an account by themselves. “No matter where your money is produced and how much time it takes for someone else to make money”… and these things are often driven by companies that have already reached a certain scale, that is to say, when the company appears, the decisions it makes have nothing to do with the company’s operations; but once this happens, there will inevitably be some negative effects behind it.

Therefore, in order to benefit from it, you must first determine your own position and consider what is a reasonable value support.

First, do not put all funds into the exchange, which can avoid hacker attacks.

Also, “do not say hello”. For many project parties, their technical strength is much greater than their perception of the project, so they choose to join the market competition at the right time.

Secondly, do not arbitrarily set price volatility mechanisms (such as Bitcoin prices) or set fixed interest rates to encourage innovators to enter the market and so on. All of this should be based on the actual situation and various factors to make judgments, and action should only be taken when the market environment becomes good enough.

Third, if you feel that the fluctuation of your stocks is too high and there is no break-even period, then you don’t need to worry about the decline in your dividends. Because the stock market itself is a bubble, and the market value is not equal to its risk level. (I personally think this is a misunderstanding)

Fourth, if our stock price plummets, it’s actually very simple:

1. Investors may really lose money, but they are still making spreads and their profitability is too low!

5. If the stock price of a listed company declines, you have no reason to hope that other shareholders will not lose money.

6. Unless the listed company itself can bear huge losses, can you only sell them with a pile of cash? (I am a person engaged in digital currency business, not making money through speculation, but acting based on luck and sweet talk) In the end, you still have to be careful.