What is the impact of big coin transactions (virtual currency transactions are illegal)

What is the impact of big coin transactions? Investors who engage in large-scale transactions in the cryptocurrency market can suffer significant losses. Investing in mainstream digital assets such as Bitcoin and Ethereum is a complex behavior, so many novice players are easily attracted to this high-risk situation. When you enter the cryptocurrency market and discover a new financial product, the first thing you will see is the large transactions that have been in existence for a long time. These large buy and sell transactions make it difficult for users to achieve a higher return on investment through simple manual operations (such as a few hundred dollars), which leads some people to believe that they do not need to invest a lot of money in Bitcoin or Ethereum for large-scale transactions.

Since most big coin holders use over-the-counter trading, they are often unwilling to provide cash flow to their accounts. With the emergence of exchanges and various derivative platforms introducing contract products, leveraged tokens, and options products, many ordinary retail investors need to take on significant risks to participate in the investment of digital assets. However, due to the high volatility of virtual currency prices and the relatively small amount of funds involved, what are the impacts of big coin transactions for investors?

1. If an investor can make a certain amount of profit through large transactions, he can use this opportunity to pursue a larger strategy.2. Once an investor starts using on-exchange trading, he can directly buy more Bitcoin or other cryptocurrencies from the market and choose to sell some as well, allowing his funds to hold Bitcoin for the long term and vice versa. (Bitcoinist)

Illegal Virtual Currency Transactions

According to Securities Daily, Jiangsu Province Yancheng City People’s Court recently announced a “Risk Warning on Preventing Illegal Fundraising in the Name of ‘Virtual Currency’ and ‘Blockchain’.” In response to behaviors suspected of participating in illegal criminal activities such as ICO and digital asset trading, the court suggests strengthening the security construction of online platforms.

For organizers or individuals engaged in related activities, it is expressly stipulated in the information system published by the National Internet Information Office:1. Carry out various types of publicity and training.2. Organize various forums and offline meetings, etc.3. Report on the regular recruitment of personnel and the situation of leadership communication and learning in the information system.4. Establish a timetable and schedule system for signing contracts with others.5. Assist public security organs in lawfully combating cases involving the use of the Internet and encryption technology for fraud.6. Take various measures to prevent fund platforms from absconding or indirectly transferring property.