Why Hodlers Handle Bull Markets,Hot Wallet Vs Cold Wallet, Courage On Hive, Decentralized marketplaces & How To Avoid And Identify Peer-to-Peer (P2P) Crypto Scam>>> Leofinance Curation

in LeoFinance8 months ago

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@HODLCommunity presents to you the 289th 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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Why Hodlers Handle Bull Markets Worse than Bear Markets? by @gadrian

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For newcomers to the crypto space, both the bull and the bear phases of their first crypto cycle are good opportunities to lose money. The impact can be reduced if they come across some valuable information that teaches them the basics and what to expect, to the extent of predictability.
The interesting fact I observed from my own experience and that of others who shared it, is that after we understand how the crypto cycle goes and we've actually experienced at least one ourselves, we have more issues handling the bull than the bear market correctly.

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Hot Wallet Vs Cold Wallet: What's the Difference? by @gungunkrishu

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Hey All,
I was browsing my twitter feeds today and came across this pretty insightful Infographic from Binance that showcases the difference between Hot & Cold Wallets. If you are in the crypto space then you should be familiar with these types of wallets and decide when to use them. I'll be very honest here in my case all my crypto is on a hot wallet but whereas experts suggest to leverage COLD wallets to HODL your major crypto holdings. Simply don't have it lying ideal on any exchange or any other platform that provides crypto wallet services.

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Do you have the courage or can you afford to be disliked on the Hive blockchain? by @behiver

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The Hive blockchain is the virtual home of many of us and while most of us find a place where our passions and hobbies are shared within the communities, an important aspect of being here is the crypto rewarding system that stays at the base of it. You put up the work, you create qualitative content, you get recognition from the other users for your efforts in pushing and expanding this blockchain, they upvote you and you get a piece of the daily rewards pool in the form of either Hive, HBD or both. Having this factored in, I must say that sometimes I saw defensive approaches when someone would get out of the line and would come with an opposite opinion from what the majority would see one thing or the other. And in some cases this would result in rewards penalties and downvotes. So a normal questions comes to mind from this perspective: Do you have the courage or can you afford to be disliked on the Hive blockchain?

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Decentralized marketplaces - the future of Ecommerce! by @fokusnow

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Current challenges of the ecommerce industry.
The ecommerce setup today is filled with huge obstacles that limit its potential for massive growth. Consider the following:
The middle man: One of the biggest challenges of global ecommerce is the ready presence of a middle-man. There is almost always an intermediary in today's ecommerce business model. The main job of the intermediary is to establish trust and credibility.
Transacting parties in a ecommerce business do not know each other and there is no trust. The buyer is afraid not to release goods to complete strangers. The seller is afraid to pay when goods have not been delivered. So the intermediary - usually an agency bridges the trust especially with regards to payments.

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How To Avoid And Identify Peer-to-Peer (P2P) Crypto Scam by @twicejoy

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One of the most important things to take note when dealing with peer-to-peer cryptocurrency trading is that crypto scammers or fraudster will also act like a legit buyer or seller or might even create illegitimate profile using stolen data and photos. Crypto scammer or fraudster often play a trick on their victims by offering you a certain amount which is even more than the crypto market price and they could even go to means to lure you in to their trap.

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

Hive on !

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