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Lockett
Joined Dec 2023
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Activity
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What is CoinDesk’s role in the cryptocurrency industry? Community
CoinDesk plays a central role in the cryptocurrency industry as a trusted source of news, analysis, and market insight. Founded to bring transparency to a fast-growing and often misunderstood space,...
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What sectors are most sensitive to GDP growth? Community
Sectors most sensitive to GDP growth are usually those tied directly to economic expansion and consumer activity. These are known as cyclical sectors because their performance rises and falls with the...
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What is the 90% rule in forex? Community
The 90% rule in forex is an informal saying that highlights how difficult trading can be for most participants. It suggests that around 90% of retail traders lose about 90% of their capital within 90...
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Importance of NZD/USD in the market Community
The NZD/USD currency pair, representing the New Zealand dollar against the US dollar, is a key forex instrument due to New Zealand’s strong agricultural and dairy exports, as well as its ties to...
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Why do cryptocurrency projects do mainnet swaps? Community
Cryptocurrency projects conduct mainnet swaps to transition from a token hosted on another blockchain (like Ethereum's ERC-20) to their independent blockchain network. This shift is crucial for...
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What role does investor psychology play in the share market? Community
Investor psychology significantly influences the stock market, often driving price movements beyond fundamental valuations. Emotions like greed and fear can create market bubbles or...
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