Why is the cryptocurrency circle called “leeks” (Complete collection of cryptocurrency leek images)

Why is the cryptocurrency circle called “leeks”? Editor’s note: This article is from Coinwiki (ID: Coinwiki), authorized reproduction by Odaily Star Daily.

Since 2008, the transaction speed of Bitcoin has been very fast, and few people were willing to try it in a short time. This operation method is also called “digital gold”. So why is that? Because many people think that this market is just a bubble or a scam, but in fact, it is just a speculative behavior on the surface.

However, when you carefully look at the entire blockchain ecosystem, you will find that it is a completely valueless market and a type of investment logic. Therefore, people consider it a speculative asset rather than a real investment tool. It can even be said to be a capital game. If we regard all these things as the result of a round of frenzy, many investors will definitely have this idea:

First, don’t easily believe any news; second, understand what unrealistic things are! And once someone posts a tweet, it will definitely affect your attention — at least it doesn’t seem to be so important now…If you see others saying that they want to buy bitcoin, ethereum, and other cryptocurrencies, you may feel very surprised, and you will quickly make changes. So I have always maintained an optimistic attitude towards this matter. But for many friends, it is the same reason. As long as you can accept a little technological progress, you can participate and become a successful entrepreneur, constantly expanding your knowledge scope, improving your abilities, and gaining more wealth. As for why you may be “harvested as leeks,” it depends on whether you have made money or not. This is what people often hear as “opportunism.” Opportunism refers to those investment opportunities with high short-term returns. However, in long-term development, risks and returns are often very similar, such as the performance of stocks and other financial derivatives, such as the large fluctuations and long cycles in the stock market.

Of course, this is also one of the reasons why many people hope to achieve results because with more and more temptations, some so-called myths of getting rich quickly may eventually appear. Any information you know about it will tell you that there will never be only one or two suitable individuals in this world. And for those groups who want to profit, except for a few, most people don’t know which factors will bring them huge benefits in the future, including personal income, their living standards, and financial conditions. These reasons are to avoid risks by using the means of utilizing information asymmetry, allowing everyone to take certain risks in different investment portfolios, thereby reducing risks and minimizing potential profit loss caused by losses.

Returning to the market trend, today’s trend is still in a downward trend. After yesterday’s early morning sharp decline and probing the lowest point near $9,400, it quickly rebounded to above $9,700. Currently, the daily KDJ has directly broken through the resistance of the 60-day moving average. Although the volume-price relationship in the spot market has weakened, the small-cap index before the surge has not risen significantly but continued to decline.

Complete Collection of Cryptocurrency Leek Images

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