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No matter if crypto is going up or down, the best thing you can do is to not look at it. Set it and forget it like you would any traditional long-term investment account. “If you let your emotions get too much into it then you could sell at the wrong time, or you might make the wrong decision,” says Yang. “You stress out about it, and I don’t think that’s a healthy way to approach it.” .

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For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Business News on India.com. Topics:bitcoin newsBitcoin Pricebitcoin price todaycrypto marketcrypto news todayCryptocurrencyCryptocurrency newsCryptocurrency Price Comments - Join the Discussion

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The token was trading at $1,157.00 Monday morning - 5.3% lower compared to actual Tesla stock, which closed at $1,222.09 on Friday.
There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading

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Laith Khalaf, financial analyst at investment platform AJ Bell, previously told The Sun that although long-term investment is encouraged, SafeMoon "doesn't sound too different from a pyramid selling scheme".

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    BIG BUCKS $2,000 'could be sent EVERY month' as November 'stimulus check' date nears

    Cryptocurrencies are often traded in lots – batches of cryptocurrency tokens used to standardise the size of trades. As cryptocurrencies are very volatile, lots tend to be very small: most are just one unit of the base cryptocurrency. However, some cryptocurrencies are traded in bigger lots.
    The official site of SafeMoon explains, “Holders acquire passive compensations through static reflection as they see their stability of SafeMoon develop inconclusively.” The steady RFI bonuses make this digital currency remarkable among others. It utilizes a manual burn-in technique instead of digital burn-in techniques to control the stock and empower a fulfilling and helpful burn methodology to the long-term members and achievers.

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    Typically, meme coins don’t gain on fundamentals. Instead, they are usually driven by an internet-based joke.

    Since crypto is a relatively new industry compared with others, legal clarity does not yet exist in terms of requirements for all areas of the space. Part of such clarity includes asset classification. Bitcoin and Ether are viewed as commodities, although categorization for numerous other assets remains unclear.
    Overall, Coinmarketcap estimates the global crypto market has shrunk around 10% in the past 24 hours.

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    What impact do cryptocurrencies have on the environment? Energy consumptions of ...

    This strategy is set up to restrict the selling of the tokens and instead support its ownerships. The initiative will make the merchants think before they sell the tokens, and it gives added benefit to the current coin proprietors. This technique means to lessen the abrupt declines brought about by the sale of cryptos that result in varying prices and market fall.
    Worth noting: Once upon a time, cryptocurrency mining was a potentially lucrative side business for those with the resources to invest in power- and hardware-intensive mining operations.

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    When that time of reckoning arrives, only the early investors would have enormous profits. If you want to be one among the lucky ones, now is the chance to get on board and hold on for the important day. Every coin has its day and SafeMoon is yet to bask in the limelight. Its day to shine in the sun would arrive soon and early investors would hold on to fistful of dollars.

    An OpenSea employee used insider knowledge to buy tokens before they appeared on the front page. Alexis Ohanian showed off the NFT he bought for Serena Williams at the Met Gala
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Cryptocurrency is an exciting concept with the power to fundamentally alter global finance for the better.

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Wrapping up this Safemoon prediction is a discussion of where you can invest in Safemoon. Pretty much all of the best investment platforms UK and others across the world do not currently offer Safemoon as a tradeable asset. This is likely because the token is extremely small at present.

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