Long-term investors, BTC, Automation, Smart Contracts - 119th 🐯 curation

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@HODLCommunity presents to you the 119th 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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Long-term investors can be patient beyond imagination - Market fluctuations by @kenechukwu97

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I can still recall feeling so excited when I saw hive move above $0.5 sometimes last year. The fluctuations were always there, but it leaves us with positives after each dip. Now, the same token is valued at $1.3 and it can either dip or boom. Whatever the case may be, I'm pretty sure that long-term holders are not too bothered about this fluctuation.

Time has shown and proven that patience is rewarding in investing. Funny how people still consider the price Hive is on as not being valued enough especially since we know the utilities.

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BTC 4HOURS UPDATE PSYCHOLOGY ZONE !!!!!! by @onwugbenuvictor

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Notice that the market sentiment is really bad now. This is only normal as we approach the bottom of a range, where fear is at its peak and this is prime time for a reversal. Reversals don't happen immediately as they need to shake people out a bit more to make sure that they have lost faith in this market and taking their money by hitting their Stoplosses as I have mentioned earlier. This is to force people to start selling their positions (panic sell) or (panic buy), which would cause an influx in short positions, and then the long positions would take over. I think this is a prime case of that.

psychology and how to control your mind is essential right now because. Everyone seems to be worried. Well thanks for this breakdown chart.

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Gaining in the red zone by @belemo

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Anyway, as things continue to deteriorate as they have been throughout the year that started with so many promises of success, all you can do is seek out ways to protect yourself..

A good read, as a matter of fact you have to read this, to avoid FUD. We are all in this together, we all knew that days like this are inevitable. The market can not always be bullish, look for a way to sustain your self while the storm is blowing our brains off.

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The Economics of Automation by @pappyelblanco

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Like most other industries, technological advancements have greatly influenced the banking industries and my local banking hall that would usually be packed to the rafters with tellers overworked just had a handful of people in it mainly speaking to customer service attendants in a bid to fix one medium of internet banking or another.

Economic automation is inevitable, humans will always look for easier and cheaper ways to do things. I think what will need is regulation on how to make sure that humans that depend on jobs that are soon to be overtaken by technology, should be compensated.

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What are Smart Contracts and How it can affect our democracy. by @cybercrypt0

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People want more of something than they provide which is the biggest problem in trade. They can break the mutual agreement between two parties and one might get exploited.
To solve this problem in the digital world "Smart Contracts " are invented which basically act like our physical contracts where we write our requirements to fulfill and after requirement the order takes place. But this is in digital form, the contract is coded and it's on blockchain thus not requiring any lawyer to make a contract nor getting any third parties to handle contracts.

Nice post right here, glad to see how you have explained smart contract and made it very understandable. Smart contracts are going to take over and help eliminate lots of loop holes and human errors.

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

Hive on !

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If you would like to delegate some HP to our community and support us; we give you back 90% of the curation rewards on a daily basis ! APR > 11% !

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What are Smart Contracts and How it can affect our democracy. by @cybercrypt0

I am very happy that you liked by article : ) Thank You for support

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