27th LeoFinance 🐯 curation digest

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@HODLCommunity presents to you the 27th LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions 🐯, let's roll !

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China FUD: Are We Done Yet? by @xuanling11

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FUD is short for Fear, Uncertainty and Doubt.
China was very influential in Bitcoin. How did China get Bitcoin business in the first place?
Let’s explore a bit of Bitcoin history.
It all started with its founder Satoshi Nakamoto. It is a pseudo name but it sounds like Japanese, doesn't it?

This contains a very nice succinct history into the timeline of Bitcoin especially as it relates to China and FUD, I enjoyed reading it. I don’t think there’s any more FUD left in China that’ll drastically negatively impact the price of Bitcoin at this stage. However, should China mistakenly change their stance on Bitcoin and somehow become keen on its adoption, then we will be saying different things entirely. Lol.

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Some Of The Best Places To Earn LTC by @sapphirecrypto

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Why Accumulate LTC
There are a number of aspects that still make Litecoin an attractive option, despite the coin having quite a number of haters. Many haters have chosen to base their opinion on what they consider a lack of development and innovation. Despite the haters, LTC is actually more popular in real terms than many people may realize. Not every project is going to be based on smart contracts, some will have qualities that some may find boring or outdated. Charlie Lee, the founder of Litecoin recently hit 1 million followers on Twitter! The coin has recently also been approved as a form of payment on publicly listed company, Newegg! PayPal also recently announced the incorporation of LTC, as well as BlockFi

Quite useful links to mine some LTC, it’s nice to know they exist, if LTC turns out to be as solid as we think it to be in the long run, participating in these faucets will automatically become totally worth it. I remember there used to be faucets to earn Bitcoin back in the day, there probably still are, the one I can remember used to pay sats.
The only issue I have is with exposing my browser to harm. But if I had a second phone dedicated to stuff like this or some old pc that I could access, then it’ll be nice to try.

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Are you Still Buying the Dip? by @reeta0119

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The Crypto market is in bearish mode and now I hope that many of you would agree since the recent movements clearly confirmed it. There is no prediction if it can turn bullish because anything can happen in the market and its hard to predict. Last week Bitcoin did some jump in price and crossed the mark of 42k USD but now again back to the price mark of 38k USD. Its kind of a similar scenario that we had seen in 2018 and 2019 when the price was moving bet week 7-11k and whenever it was above 11k then people used to start saying that bull run is starting up.

I think $38k is a very key support, if it breaks further, we might be seeing a $35k in the short term, however if it holds strong there, then 40k and 45k are on the table. Nice investment strategy, I also prefer crypto to traditional offerings. Plus, 5-10 years of holding gems will surely have a good impact on one’s portfolio.

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Intro Post: From Skeptic to HODLR to Investor by @nzfx6

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I’m a recent crypto convert who completely missed what crypto was all about for the first decade or so of its existence. By way of background, for the first 10 years of my career, I worked in the capital markets division of what a large NY based investment bank. The next 10 years were spent in institutional investment management, as the senior portfolio manager of a $6 billion macro fund at a $100+ billion dollar US pension plan. I remember when crypto was first brought to the attention of our investment committee sometime around 2012; the response was universal laughter and ridicule. In hindsight, we were clearly wrong.

Charles Barkley has no interest in #Bitcoin.

“I got a couple of financial guys. One of them said, ‘If I ever put you in crypto, you should fire me on the spot.’"

I saw this across my Twitter feed yesterday, this post reminds me of it, I guess someone is going to get fired soon lol.

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The Crypto Roller Coaster is Back in Motion by @rarej

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Here we go again. In case you haven't noticed, we're seeing green graphs again. If you haven't bought the dip, too bad, better luck next time. And you're planning on buying in a real, good luck with your balls of steel. Either way we're in for a bumpy ride. Or maybe just the last scare to another crash, you never know.

Personally I think as far as we are concerned, anything below 50k is bearish lol, I might be too critical but it helps keep my excitement in check. It will be interesting to see if we break 38k to the lower levels, although I think 38k has a very strong support and we might return to 40k in the short term.

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This post is created by @mistakili to curate quality content on LeoFinance.

Hive on !

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