View Profile Wholey
Wholey
Joined Jan 2024
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Activity
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What are the best practices for using a fiat wallet? Community
Using a fiat wallet safely and effectively involves following a few best practices. Always choose a reputable and regulated platform that supports strong security features like two-factor...
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What is cash income deficit? Community
A cash income deficit occurs when an individual, business, or government’s cash inflows are less than its cash outflows during a specific period. In simple terms, it means spending more money than...
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What is closed position in forex? Community
In forex trading, a closed position refers to the point when a trader exits an open trade by executing the opposite order. For example, if a trader initially bought (went long) EUR/USD, they would...
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What is Lucky Block (LBLOCK), and how does it function as a crypto project? Community
Lucky Block (LBLOCK) is a blockchain-based cryptocurrency project designed to revolutionise traditional lotteries by leveraging decentralised technology for transparency, fairness, and global...
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What are the potential downsides of short-term trading versus long-term investing? Community
Short-term trading, such as day trading or swing trading, carries several disadvantages compared to long-term investing. One major drawback is higher transaction costs, including commissions, spreads,...
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What is the effect of seasonal trends on currency values? Community
Seasonal trends can significantly influence currency values due to predictable patterns in economic activity, trade, and investor behaviour. These trends often arise from factors like holiday...
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