Daily Crypto Markets Live Blog: Utah To Form Task Force To Investigate Blockchain And Crypto (05/09/22)

in LeoFinance2 years ago (edited)

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Here is the post for the Daily Leo Talk. In preparation for the upcoming Microblogging features, this is a good place to start conversations, posts charts, memes, trades, or anything else that comes to mind.

Let us boost our overall numbers by posting lots of comments throughout the day. Spread the word to get others involved.

It is a great way to stimulate engagement.

We can think of this as a Reddit type engagement thread. We are not dealing with long form content so topics of discussion can start off with a top line comment. We can fill in from there.

We are open 24/7/365.

Stay Informed About LEO!

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Anyone else been arbitraging pHIVE?

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Don't give away the secret to your money printer!!

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Meh.not much of a money printer anymore. I'd rather share the love anyway

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Keep up the trading. It is a good thing to get more volume going.

Everything helps.

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Yep. Feeds right back into the protocol at the end of the day.

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Love it.

Great work :)

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How can I do arbitrage with pHIVE? I have some of them stuck in the red and I want to profit from them in this bear market.

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Depends on how big of a price gap you can find. If you see native HIVE at 75 cents and pHIVE at 71 cents... You can buy pHIVE and bridge to Hive blockchain then sell on internal market. That's about as basic of an example I can think of.

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Lol. The funny thing is that not minding how loud we say it, many will never do it.

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Hey I would do it, I just need guidance haha.

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Give me a step by step of what to do and how it works.

And I might start thinking about it.

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No I havent. How was it? You been pulling down a few bucks.

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Made a few hundred. Nothing crazy. It's tedious but worth it at certain times. Plus I know the fees are going into PolyCUB anyway.

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I never really got much into arbritrage. I think I should learn more about it and give it a go some time

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I was going to try it using SWAP.CUB here since it was cheaper than CUB at PancakeSwap. Unfortunately for me, the numbers didn't work out no matter how I did the math. On the bright side, I got to sleep as a millionaire for a few hours before priced returned to normal.

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and how much did you plan to invest, so that the amount does not affect the price has to be little.

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Liquidity for SWAP.CUB is horrible, and I don't even know where to get that stat. I was lucky to acquire nearly 100 SWAP.CUB the night I went to bed a millionaire. That didn't last long.

The following day I ended up buying USD 1K-worth of CUB at @ USD 0.091. I don't buy that often, so this was going to be my big-ticket buy for a while. I also withdrew the 100 SWAP.CUB to place in the CUB Kingdom at Cub Finance.

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That's how the law of attraction works.

Have it happen enough times and it will stick.

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The Law of Attraction has a major impact on personal finances, especially when people actually know what it's about and how it truly works. I think the intersection of the Law of Attraction with personal finance would be a perfect niche at LeoFinance for someone who experience with both. Definitely the good kind of experience.

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found my niche topic.

I have a stack of posts I'm getting ready, and they include dream boards, personal coaching, etc etc.

I am BUIDLing right now.

People on HIVE are always manifesting, especially those that set growth goals. This is the place to practive HAVE ing.

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You had the raw content for your niche, so you found your niche a while ago, right?

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Smart take ⬆️ 🙏

It's tons of fun

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It's what I wanna start doing. Already enjoying the profits with pHBD. Introduced a trader to it and he thanks me

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Just gotta be careful. It can go the wrong way really quick lol

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Always Doing research before investment.

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Is it good? haha

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Is it worth arbitraging pHIVE? I would think it's like over 1% in fees by itself for the wrapping and swaps.

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For what it is worth, at least in this market.

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Depends on how big of a price gap you can find.

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REMINDER!!!

It is #CANDIES time. Get thy arses over there and click that button.

This can be an orgasmic experience if you do it right.

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Nope not yet hahaha 14 more minutes 😉

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Yeah. I get too excited looking forward to it.

Sorry for my over exuberance.

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I can imagine 🤩
If I’m still await around this time… I wait especially for it hahaha 🤣😂🤣😂🤣 then go to sleep after collection. Lol

No worries… it’s great that you keep reminding us all 😎

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You are like a guy...rolling over and going to sleep.

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Hahaha maybe or maybe not lol 🤣😂 with about 4 hours sleep a night, I’m allowed 😎
Normally around 03:00 or 04:00 am I do 😴
!LOL

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What's the difference between a rain gutter and a clumsy outfielder?
One catches drops, the other drops catches.

Credit: reddit
@taskmaster4450le, I sent you an $LOLZ on behalf of @littlebee4
Use the !LOL or !LOLZ command to share a joke and an $LOLZ.
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
(1/2)

Have you ever utilized it? I mean the candies.

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I haven't. Just keep stacking them for the moment

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Done… 😁🥳🎉💃🏻💃🏻💃🏻💃🏻

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Got my 30 for the day

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LOL! Done, done!

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SO, you wanna write a post telling me all about it and walking me through the process?

Cause I kind of want to go find out, I'd kinda rather read about it here.

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What a nice idea that is! But since you asked, you just need to create an account on Coingecko and collect the candies daily :)

Screenshot_202.jpg

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Hot had my bite for yesterday. Soon to cross the 3k mark.

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That's awesome! Congrats! I'm way behind, lol! Stopped doing it for almost a year and only pick up again after I saw TM's reminders, lol!

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Thanks for the reminder.

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I forgot to claim yesterday so I have to start over.

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This is the second time I go to coingecko and don't sign up.

Why are people (in this case, me) so hard headed to "free" opportunities?

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Hahaha, perhaps you don't see any fun in it, lol!

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I think at one point I was bombarded with so many "free" internet things that I started really taking inventory of how much time they take.

But now here I am, sorry that I didn't start playing rising star sooner.

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That's true though, even if we take a little time doing them, collectively, they take a lot actually. It's okay if they are so worth it, but mostly, "free" things don't really do well.

Oh cool that you also play rising star. I just started over a month ago.

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I'm a lowly busker but I take lessons daily.

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That's awesome! Enjoy the game :)

The CANDIES are still like points. They can be traded for items at CoinGecko, but that's it so far.

We're reminded to pick up CANDIES to have in a bag in case the day arrives when CoinGecko turns them into cryptocurrency from points.

It's a similar situation for DIAMONDS at CoinMarketCap.

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Thanks for the remind! Today is a 60 day for me!!

BTW... anyone used their candies to buy that defi book set? If so, is it any good?

Wouldn't want to waste my candies if it sucks or is elementary :-)

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Add Utah to the list of states in the US that are looking seriously at blockchain and digital assets.

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Great more states are considering…
More will follow. They can’t stay behind.

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"seriously looking at"

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Interesting... I wonder what kind of people they are bringing to these task forces.. I wonder if they are actually going after people that have some real experience with blockchain

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going after people that have some real experience with blockchain

Exactly, they go after those to put them in prison, then it will be "experts" dealing with the stuff !LOLZ

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Good news! It would be awesome if more will do the same. Or perhaps the others are still lurking to see how it is done before they hop in.

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Great developments here. Good that those borders are opening while Bitcoin and the crypto prices are dipping. A good time to buy in.

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Its also a good time to blog on hive.

Usually as the prices start to dip, the writers start to go elsewhere.

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But when they refer to nalicis they mean legalization' institutional adoption? or regularization?

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We will find out when they do.

Meaning.

They probably don't knwo what they are doing yet.

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Libraries should be on the blockchain

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Maybe they have seen and heard what is going on in Wyoming. Wyoming is really trying to attract exchanges/miners/crypto merchants etc.

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Wyoming would be an excellent place for Bitcoin mining and the mining of other cryptocurrencies. The miners just need to be careful-- extremely careful-- of tapping into geothermal energy sources there.

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Ha!! Wouldn't want to set off the supervolcano :-)

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Correct-a-mundo!!

Exactly. That would be an event which would put blockchains offline, but then we would have more important things to worry about!

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When do we see the pSPS-POLYCUB liquidity pool on Polycub?

Now that we have the pHIVE pool, it is now on the list. I have a feeling they will bring it out quickly.

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I think we can see the pSPS-PolyCUB Liquidity Pool on PolyCUB in the 3rd week of May.

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That is only another week.

I have no idea when that will take place. But it will be good to see things keep being added.

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That's the nice part. The come of something new adds to the excitement.

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Yes and having another sink for POLYCUB.

Getting that going is vital. I have a feeling that an upward move in POLYCUB will help to give some confidence.

It all builds. We need to keep the process going.

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If I had to guess, it would be some time soon

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That's what I heard too

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This is the true spirit of SOONiverse!

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It's all part of the Khalendar

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My dream kitchen with self washing dishes lives there.

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Second week of June perhaps? Or could be earlier.

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I wish it comes through this week or next. I'm yet to see an announcement on @Splinterlands account. I hope they too push the news from their end.

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Given how fast they released pHIVE, I think it shouldn't take too long. Is it hard for them to gether enough SPS for liquidity?

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With a ton of Splinterlands OGs in the Leo ecosystem already I dont think we will lack liquidity.

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I think I'm a splinterlands OG on the LEO system.

LOOLLLLL

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Yes but I don't think most of them have it liquid. It would probably be staked unless they are saving the SPS for the validator node pre-sale.

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I am already keeping some of my SPS liquid to get in that pool as soon as it is announced.
Hope they don't do it on Friday. I am getting married that day so it would be awkward to get the laptop out and say sorry gotta put my babies into the pool.

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I hope a bunch of people move their SPS over and makes the ones of us who keep it there earn a higher interest rate.

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Bitcoin is approaching $34,000 and the losses are increasing. Where do you think Bitcoin can come back from?

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I remember when bitcoin was fighting the $3000 space.

So.

It can go anywhere but eventually it will go UP.

That's the real ticket. Knowing that wherever it is at now, it is eventually going to be worth more.

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I know this and I agree with you. I guess my only problem right now is not being able to find the bottom.

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I used BTC to buy more HIVE+ (HIVE plus Layer 2 tokens), then I consolidated my HIVE+ to prioritize a few tokens. I also used LTC for the same reasons, plus to get into Cub Finance a couple of months ago.

If BTC drops as low as some of us are suggesting, I may take a dip into that pool. I anything, it will let me make up for what I had brought into Hive Engine.

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It can see a 2 handle.

Watch the $30K line hard. It could push towards that.

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It can be pushed lower but if it turns, it can rise very quickly.

I'm looking forward to where it'll be back.

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The final support is $28K if that happens, then we will see more downtrend.

Anyway the market is flooded with fear so we will see the bears pushing the price down.

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Well, this is a guess more than anything but I'm thinking 32k

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Actually, I think so too, but it seems like it could go even lower. BTC supports are constantly losing. I don't know where it goes, but I think it will come back very quickly.

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I wish it can dip more. I missed buying in at $10k. I pray it sucks that far.

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That wouldn't be bad at all. I think even below 30K is very difficult. Institutional investors have to sell in order for it to go down to 10K, but they are not doing it right now.

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Well, BTC had a high of $69K, if the price now reverses and achieves a pronounced uptrend, we will see more than that. Possibly we will see $100K.

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BTC had its ATH in the recent past, but the world was a different place back then. These days, even institutions have higher priorities (never mind retail investors). While it's true that there is a lot of FUD, this time a good part of that FUD is genuine.

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I am thinking 20k should be the lowest but I am not really sure. 34k is pretty much edicted's doubling curve number.

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I think it can recover in the second half of May, but if it can't find support, it can move to 20K. But if it finds support, it can start to rise faster. Interesting days are waiting for us, we will wait and see.

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If it kisses 20K I'm buying.

I don't care if I have to have a garage sale, stop buying xyz for the month, etc.

that would be a golden opportunity.

In fact,I'm gonna start tightening my belt just in case it gets there i'll have at least a little something to buy in.

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If it goes as low as 20K, a lot of people are probably waiting in line there. I will be first in line. :)

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Let's put it in an average range of $25 or $28K.

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LOL

We have our own Bitcoin whisperer on the LEO network.

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The numbers keep growing and that means a win-win for us.

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First we see how long it takes to go from 100M to 101M; it's looking like 1 months for that extra 1 million.

Then we see if we can reach the second 1M faster than the first 1M. Then we'll see major progrgess. As it is, we win either way!

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If you continue to be active in the comments, we will see more than 1 Million in a month.

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Even then, @tokenizedsociety will beat me by 25%!

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hahaha nah you're doing great

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I don't know about great, but between recent posts by @forexbrokr, @taskmaster4450le, and @metzli I'm doing much better. Those posts gave me direction, and they have made a big difference already.

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Has anyone else here reblogged just a comment from a post? Has anyone tried to reblog just a comment from a post using LeoFinance. The LeoFinance front-end won't allow it, but there's "one weird trick" which will let you reblog only a comment. I wanted to share it here first before I published a short post explaining how I did it.

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Huuuuuu! Looking at this space to see it. Truly, some comments needs to be pinned for future check.

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As long as you use the LeoFinance front-end, you won't see what you need to reblog a comment. I tried it the other day just out of curiosity. The reblog widget is missing.

Switch to the general front end of your choice, then the comment will show the reblog widget. Reblog the comment, and it appears in your blog feed. Maybe not using LeoFinance, but the blog feed as shown by the general front end.

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Heh, never done that

I didn't even know it was possible

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We never had a need for it. I just took it for granted that it was everywhere, but it's not.

Since comments in LeoFinance don't have the reblog widget, switch to a front-end such as Ecency/PeakD/Hive.Blog. After the switch, the reblog widget will appear. At that point, just click the reblog widget and return to LeoFinance. LeoFinance may not show the reblogged comment, but Ecency/PeakD/Hive.Blog will.

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UPDATE--

Forget PeakD and Hive.Blog. For this "one weird trick," it's Ecency all the way!

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Now that you mention it, I realize it.

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It's an easy thing to reblog a comment from LeoFinance, but sadly we have to use another front-end to do it.

I should start working on that post. The explanation is trivial; it's the graphics which will take me a while.

Whether that post is up or not, now know what to do.

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Hu! It's a new day a and a new week. Let's enjoy the dip while we fill our bags.

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Let's go!

Have a good day and a great week

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Cheers to you as you do it :)

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What would you like to invest in?

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Hive and UST

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Hi, which wallets can one hold $RUNE? Is it possible with Metamask?

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TrustWallet and yes Metamask too :)

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Oh, really. Thanks. WIll try that out

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You're welcome. Check the set up in Metamask HERE or you can check other guides.

Thank you. It'll be helpful.

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You're welcome, cheers!

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A nice summary of some of the unwritten rules of Hive:

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It reminds me of baseball. That sport is notorious for its "unwritten rules," and books have even been written about them.

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What is the best way to weather this bear market?

  • HOLD

  • ARBITRATION

  • STAKING pHIVE

  • TRADING

Let me know your best option.

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HODL always wins. Staking in general is about more than just making money. Trading can work, but fees can eat into gains or profits.

Arbitrage would be the most difficult of these because it's similar to trading but with added timing considerations. People make it work, but it requires greater attention to detail.

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Exactly, I also prefer HOLD, by the way I have a HOLD of HIVE that I bought at 0.84, and although I have lost a lot, I know that the price will eventually come back, besides I am not in a hurry :D thanks for commenting.

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Everyone keep it up and this will grow.

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My second time stumbling with NEAR. The first was I think a few weeks ago when someone here on LeoFinance shared about SWC, a token that aims to incentivize walking.

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