Is it better to trade in cryptocurrencies or mine? Is it too late to mine now? An old miner tells you

From 2009 to date, the total increase of Bitcoin has exceeded 20 million times, making it the most wealth-making myth in history.

1. Satoshi Nakamoto, the creator of Bitcoin, holds a total of 980,000 Bitcoins, currently worth 78.4 billion yuan

2. Li Xiaolai, a former New Oriental teacher, has worked in sales, teaching, writing books, and starting companies. He has become a founding partner of several startups and is now committed to Bitcoin-related joint ventures and angel investments. He holds more than 100,000 Bitcoins, with a current value of more than 8 billion yuan.

3. Wu Jihan, one of the founders of Bitmain. People in the industry said that he once saved money by "eating instant noodles" to buy Bitcoin. At the age of 32, he became the richest self-made man born after 1985 for the first time, with a fortune of 16.5 billion, ranking 204th on the Hurun Rich List.

4. Bao Erye (Guo Hongcai), a salesperson of Pingyao Beef Group, came to Beijing to learn how to use e-commerce channels to sell beef. He encountered a sharing session about Bitcoin and has lived a lucky life ever since. He bought a mansion of over 100 acres in Silicon Valley and two limited edition Rolls-Royces, and named them "Leek Manor".

5. He Yi, a former host of Travel Channel, psychological counselor, and university teacher, is now the co-founder of OKCoin, the world's largest digital asset trading platform, and is nicknamed "the No. 1 in the cryptocurrency world."

The cryptocurrency world is filled with legendary stories of ordinary people making overnight comebacks. Do the same opportunities still exist today?

So what are the ways to enter the cryptocurrency world? And which one is more suitable for beginners?

① Speculation of cryptocurrencies

If you are a stock market veteran, you are welcome to use K-line theory to make a killing in and out of the cryptocurrency market.

Then you will find that the market makers in the cryptocurrency circle have a higher degree of control over the market, and their methods of using various news to cooperate with the water army to pull up the market are more sophisticated. T+0 and no limit on price fluctuations can allow you to feel the Chinese stock market's warm and deep love for investors to the greatest extent, because the harsh environment of the cryptocurrency circle will teach you a lesson in every minute.

It can be seen from this that cryptocurrency trading is not a very friendly form of entry for novices.

② Mining

This is a way of entering the market that I highly recommend. If I want to break it down a little more, I mean mining with managed mining machines. Traditional mining requires you to go through tedious matters such as purchasing mining machines, building sites, configuring mining pools, etc., but directly managing mining machines does not have these problems.

There are many ways to get Bitcoin! Only mining by yourself has the lowest cost and risk. Instead of spending money to buy coins mined by others, it is better to buy a mining machine and mine by yourself, which is much cheaper!