Value management originally originated from the Western stock market. Differential in the exchange. During the period when there was no network, listed companies sent traders to various exchanges every day. , To achieve the purpose of matching the industry and reasonable valuation.
The business philosophy was later known as the introduction of market value management to China, because many listed companies in China at that time only knew that they had a lot of minds and stronger industries and obtained more industrial profits. In the capital market, the reasonable valuation of the company is to maintain the company's rights, that is, the rights and interests of shareholders. This disadvantage is that although you have two prosperous production and sales and abundant cash, the competitors in the industry may not be as good as you, the output value is not as good as you, and the cash flow is not as good as you, but the price -earnings ratio is higher than you, he may use the stock market financing Eventually surpass you. It may even attract the barbarians outside the door to acquire you maliciously. Vanke was a living example.
In the education of many examples, in the domestic environment, listed companies have gradually formed: market value is the ultimate goal, industrial profits are transitional goals, and the essence of market value management is to maximize shareholders' value! This seemingly correct concept is ridiculous.
Under this concept, the essence of shareholder value is to maximize the value of the stock! The stock price and market value have become the standard of the strength of listed companies; it has become the standard for the performance of high -level management layers; under this concept, pursuit of short -term effects, drying and squeezing employees, falsifying performance, dividends and dividends It is a common phenomenon that can save it. As long as the company's shareholders can reduce their holdings at a high level, the flood behind it.
The approach is brought into the currency circle in a wild place as an advanced experience. Valuation? This market value management has become a currency value management. Most of the cryptocurrencies do not belong to securities, and naturally there are no shareholders. They directly face investors in the secondary market. Therefore, the essence of currency management is to maximize the interests of the project party. Through the strategy of raising setting, through the means of washing, pulling, and smashing, waves of leeks cut.
So every time I heard that someone asked the project party why the bear market did not pull the plate, and did not do currency value management, I wanted to laugh, the fluctuation of the currency value can not escape from the fluctuations of the capital market and the beef bears and bears The conversion cycle. The currency market cycle cannot be controlled, but it can be used; the greater the fluctuation, the higher the value of the utilization, but the greater the difficulty. If you use this, specifically: Why should it run away in the decline of the bear market? It can only fall less when the BTC falls. It has increased during the stability period of BTC. It uses such a performance to attract the opportunity to bounce the meat in the process of attracting the new leek.
So value management is good for market value management. As long as the industrial and valuation matching is matched, the price is fluctuated around the value. As for currency value management, it is not reliable. There are neither mature industries, no stable growth, and no reasonable valuation.即使它仅仅只是做维持某个区间的波动，比如BTC的5760--6800USDT区间,ETH维持的205--225区间，EOS维持的5--6USDT区间，实际还是一种割韭菜的行为，因为它The reason for the buyer's buying is just a speculative basis for the new high in the future. No one knows what will happen in the future. After all, history can only be referenced, not the future necessity!
Value management originally originated from the Western stock market. Differential in the exchange. During the period when there was no network, listed companies sent traders to various exchanges every day. , To achieve the purpose of matching the industry and reasonable valuation.
The business philosophy was later known as the introduction of market value management to China, because many listed companies in China at that time only knew that they had a lot of minds and stronger industries and obtained more industrial profits. In the capital market, the reasonable valuation of the company is to maintain the company's rights, that is, the rights and interests of shareholders. This disadvantage is that although you have two prosperous production and sales and abundant cash, the competitors in the industry may not be as good as you, the output value is not as good as you, and the cash flow is not as good as you, but the price -earnings ratio is higher than you, he may use the stock market financing Eventually surpass you. It may even attract the barbarians outside the door to acquire you maliciously. Vanke was a living example.
In the education of many examples, in the domestic environment, listed companies have gradually formed: market value is the ultimate goal, industrial profits are transitional goals, and the essence of market value management is to maximize shareholders' value! This seemingly correct concept is ridiculous.
Under this concept, the essence of shareholder value is to maximize the value of the stock! The stock price and market value have become the standard of the strength of listed companies; it has become the standard for the performance of high -level management layers; under this concept, pursuit of short -term effects, drying and squeezing employees, falsifying performance, dividends and dividends It is a common phenomenon that can save it. As long as the company's shareholders can reduce their holdings at a high level, the flood behind it.
The approach is brought into the currency circle in a wild place as an advanced experience. Valuation? This market value management has become a currency value management. Most of the cryptocurrencies do not belong to securities, and naturally there are no shareholders. They directly face investors in the secondary market. Therefore, the essence of currency management is to maximize the interests of the project party. Through the strategy of raising setting, through the means of washing, pulling, and smashing, waves of leeks cut.
So every time I heard that someone asked the project party why the bear market did not pull the plate, and did not do currency value management, I wanted to laugh, the fluctuation of the currency value can not escape from the fluctuations of the capital market and the beef bears and bears The conversion cycle. The currency market cycle cannot be controlled, but it can be used; the greater the fluctuation, the higher the value of the utilization, but the greater the difficulty. If you use this, specifically: Why should it run away in the decline of the bear market? It can only fall less when the BTC falls. It has increased during the stability period of BTC. It uses such a performance to attract the opportunity to bounce the meat in the process of attracting the new leek.
So value management is good for market value management. As long as the industrial and valuation matching is matched, the price is fluctuated around the value. As for currency value management, it is not reliable. There are neither mature industries, no stable growth, and no reasonable valuation.即使它仅仅只是做维持某个区间的波动，比如BTC的5760--6800USDT区间,ETH维持的205--225区间，EOS维持的5--6USDT区间，实际还是一种割韭菜的行为，因为它The reason for the buyer's buying is just a speculative basis for the new high in the future. No one knows what will happen in the future. After all, history can only be referenced, not the future necessity!