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How does NFT work? Community
NFTs, or Non-Fungible Tokens, are unique digital assets stored on a blockchain, typically Ethereum, that represent ownership of a specific item, such as art, music, videos, or virtual real estate....
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What are some examples of successful IPOs in recent years, and what lessons can be learned from them? Community
Some successful IPOs in recent years include Snowflake (2020), which raised $3.4 billion and saw its stock price double on its first trading day, Airbnb (2020), which surged 113% on its debut despite...
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What is Candle analysis pattern? Community
Candle analysis, or candlestick analysis, is a method used in technical analysis to evaluate price movements in financial markets, such as stocks, forex, and commodities. Originating in Japan,...
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What is long-term position in forex? Community
A long-term position in forex refers to a trading strategy where a trader holds a currency pair for an extended period, typically months or even years. This approach is based on long-term trends and...
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Is a broker required for bitcoin purchases? Community
No, a broker is not required for purchasing Bitcoin, but using one can simplify the process. Bitcoin can be purchased directly through cryptocurrency exchanges like Coinbase, Binance, or Kraken, which...
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What is the prime rate? Community
The prime rate is the interest rate that commercial banks charge their most creditworthy clients, typically large corporations. It acts as a baseline for other interest rates, influencing rates for...
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