During the severe period of COVID-19, the global economic base was limited. However, bitcoin has shown a market performance out of economic danger during the period, and investors have turned their eyes to bitcoin.

However, bitcoin in the year of the ox suffered a blow at the beginning of the year. It failed to break through the $60000 barrier. It also plummeted from a high of $58332. Just like the "roller coaster downhill" trend, many investors who follow suit suffer.

Some analysts believe that the three characteristics of bitcoin are risk, volatility and speculation. After the epidemic, under the background of global governance failure and the absence of financial regulation, bitcoin, a virtual currency, will collapse sooner or later. The difference is only sooner or later.

Since the birth of bitcoin, there are still market doubts about its legitimacy. Only a small number of countries in the world are allowed to hold cryptocurrency. In the view of most countries, cryptocurrency has low legitimacy, and prohibition of use and touch is the best choice. However, this is also one of the reasons why cryptocurrency makes investors lose money.

According to international research institutions, more than 95% of global corporate executives still refuse to store bitcoin. The main reason is that bitcoin's market performance has changed greatly and its stability is low.

From the first few cents to nearly $60 thousand in the rush hour, it has been more like a bubble for 11 years to grow so fast. Bitcoin's investment prospects look good, but in fact, bubbles will break up and participants will not have any residue left. Judging from the recent decline of bitcoin, it is equal to the production value of Indonesia in one year. The sudden drop proves the high risk of bitcoin.

(2021-4-11)