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Author Topic: People around us and investing.  (Read 2740 times)
Lanatsa
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March 16, 2025, 05:30:48 PM
 #261

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

In first place, I would not try to convince anybody in matters related to money, since it would backfire if investment fails and they'll hold me responsible for their loss.

But, if they ask me for recommendation, I would respond with the knowledge I have, thereon it's upto them whether to follow it or not. Also, I would be upfront about the fact that market is unpredictable and no one can guarantee anything, no matter how experienced one may be.

Regarding how would I feel, I don't and would not really care whether they follow my advise or not.
This is on what i dont really like when it comes on making up some recommendation on other people will really be that talking about investment because they will really be that blaming you at the moment that you will really be able to see some loses on your investment on which the primary thing that comes up into your mind is to blame up on someone on whats the hell happening with your coins, why is it dropping?
There are tons of relationships that ends up on ruins or being having that kind of forgetting just because they've been that not expecting that you would be losing money due to some recommendations. Its really that understandable since we dont like losing money but it do really sucks when you do have this kind of blaming others just because you've been losing money.

Invest on what you can afford to lose and never tend to point out your fingers on blaming someone just because you've been losing money and this is why its really that not good on having these kind of behavior.
Always invest on what you can afford to lose and this will really be the key because at the moment that you've been that trying out to make money then expect that you can potentially lose too and this is where you should be making yourself that thinking up well about these things.

R


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March 17, 2025, 07:02:02 AM
 #262

Well I have said to some people I do work with it is a good idea for them to invest in Bitcoin. But I did not want to force them to do it if something did go wrong they maybe will get mad at me.
I did have a friend of mine buy some Bitcoin and me made some profit from that. I do think he said he sold it now and just made his profit. But it does not always work like this so we can not tell people what to invest their fiat in.

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March 17, 2025, 11:51:39 AM
 #263

What exactly is your goal when it comes to people around us and investing, is it to have everyone investing, or to have everyone around us not just investing, but investing in bitcoins?

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?



If I tell someone about Bitcoin and he invests in some other platform instead of investing in Bitcoin, then I will never make a negative thought on him. Maybe I may have a negative thought in my mind. Even after explaining him so much, he did not keep my word. But I will not be angry because if he gets advantage in bitcoin investment he never give me a part of profit. So what he did or did not do is not my business. When the price of Bitcoin reaches a significant level, he will definitely remember my point and regret it. Then he will be able to understand his mistake but time will not be in that position

One should never depend on others to invest. He will invest in what he understands the best. Many people were not encouraged to buy Bitcoin when the price of Bitcoin was low, rather they show negative attitude towards Bitcoin, but with time, those investors regret it the most.

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March 17, 2025, 02:18:15 PM
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 #264

I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.
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March 17, 2025, 03:45:07 PM
 #265

I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.
In fact, those who do not take advantage of the opportunity even after getting the right idea in time will regret it in the future. I told a friend of mine about Bitcoin investment 1 year ago, I told him to invest when the price of Bitcoin was around $60K. But he was ready to invest after my words, that's why I did not force him to invest.

But when Bitcoin crossed $100K, he regretted for not investing. And when Bitcoin was above $100K, he came to me for advice on Bitcoin investment. But at that time I did not give him much importance. Because I know that Bitcoin is now in a pump state, that's why he wants to invest, and if Bitcoin starts to decline again after investment, then his behavior will be different. So I told him to do what you think is best. Because Bitcoin is in a pump now, but Bitcoin may be dumped tomorrow.

And then he decided to invest on his own, and invested some money and at that time the price of Bitcoin was over $100K. For almost 2 weeks now the price of Bitcoin has been below $85K, but he still hasn't told me anything about his losses, but I told him to be patient, and think long term.

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March 17, 2025, 04:29:20 PM
 #266

I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.
Just to provide information, it is legitimate, but if we have to force them, it seems excessive, moreover we also do not have the right to make them invest because they themselves have to decide. This is also risky, because if we force them and soon the market is not in a good situation, then we will be the ones to blame.
Now I prefer to tell what I know to those who ask. Because if they ask, then maybe they are interested. And it will be easier to explain it, meaning we can discuss comfortably, unlike if we come to them and explain something they don't really want to hear. In the end, they think we are selling.
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March 17, 2025, 11:22:17 PM
 #267

What exactly is your goal when it comes to people around us and investing, is it to have everyone investing, or to have everyone around us not just investing, but investing in bitcoins?

Everyone has goals in life and can reach their destination according to their goals, in this case Bitcoin is a valuable digital asset. Only lucky people can invest in Bitcoin, so those who take risks and invest in Bitcoin are the ones who will have the most chances of achieving success. I think Bitcoin should definitely be invested, because investing in Bitcoin is much better than keeping money in the bank. If you keep money in the bank, the other party can own your money, but if you buy Bitcoin, you yourself (the amount they invest in Bitcoin) will be the owner of this Bitcoin.


How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

If I give advice, I will definitely advise you to invest in Bitcoin, and if you do not invest in Bitcoin according to this advice, you will definitely feel bad. Because investing in any place other than Bitcoin investment is very risky, so if that person keeps investing in other places for money loss, he will definitely lose money. However, Bitcoin investment is the only reliable investment, so if you invest here, the chances of losing money are very low and if you invest in the long term, the chances of getting success are highest.

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March 18, 2025, 04:42:35 AM
 #268

I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.

Is not good for us to force people to invest in Bitcoin because they will fail in it, what we are suppose to do is to educate people about Bitcoin and how Bitcoin works then allow them to make decision to choose to invest or not, some set of people who where into bitcoin investment and later stopped investing is because they where forced into Bitcoin investment and some people where also given false information and that was why they joined Bitcoin investment I know of someone who thought Bitcoin would give him profit in less than 2 weeks of his investment and this was because he was given false information some newbies really don't understand how Bitcoin investment works some set of people thinks that Bitcoin investment is like Ponzi scheme where you can just investment and get huge amount of profit in a week later, and this false informations given to people has really given Bitcoin bad image, the best thing to do is to give people the right information about Bitcoin and also tell them to do some research by there self and let them go through the history of Bitcoin growth if they decide to invest after everything then they will be determine to succeed.

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March 18, 2025, 06:16:10 AM
 #269

I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.

Is not good for us to force people to invest in Bitcoin because they will fail in it, what we are suppose to do is to educate people about Bitcoin and how Bitcoin works then allow them to make decision to choose to invest or not, some set of people who where into bitcoin investment and later stopped investing is because they where forced into Bitcoin investment and some people where also given false information and that was why they joined Bitcoin investment I know of someone who thought Bitcoin would give him profit in less than 2 weeks of his investment and this was because he was given false information some newbies really don't understand how Bitcoin investment works some set of people thinks that Bitcoin investment is like Ponzi scheme where you can just investment and get huge amount of profit in a week later, and this false informations given to people has really given Bitcoin bad image, the best thing to do is to give people the right information about Bitcoin and also tell them to do some research by there self and let them go through the history of Bitcoin growth if they decide to invest after everything then they will be determine to succeed.
Forcing someone is never been good specially when making up some investment. It will really be that best that you should really be letting them be able to make out such step at their own, because on the time that you would really be forcing them to make out such investment then time comes that they will really be blaming you out at the time that they will be experiencing up some loses. We do know that newbies on crypto space or even into other things will really be having that kind of positivity in towards something that makes them money. They will anticipating that positive results or outcomes whenever they have decided to make out such engagement. Whereas, we do know that the risks involved is never been that easy to deal with, this is why i dont really like on suggesting or give out recommendations because it will really be that possibly destroying out some relationships because we do know that when it comes to money then there are those relations on which meant to be broken because of such giving some assurance on which its never been that idea or never been that could be avoided sometimes. There are those people who are really that exchanging everything in terms of money and once there are some argumentations in between then this is where problems do start and this isnt something that i do want to happen into my friends or relatives on which i do rather redirect them on seeing or checking out the internet with relevant information about crypto investing.

R


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March 18, 2025, 07:01:05 AM
 #270

I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.

 I try to make sure that my colleagues and acquaintances don't know at all that I am into cryptocurrencies and Bitcoin, but over time I realized that this only brings trouble. I once heard jokes from my cousin, who now thinks that I have a lot of money. It's strange, why do all people outside of cryptocurrencies think that crypto people have at least one Bitcoin? These guys don't even know what Satoshi is, and that Bitcoin can be broken into parts.

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March 18, 2025, 07:44:02 AM
 #271

I used to force people to buy bitcoins just like you said, I realized over time that this was unnecessary and that they were the only ones who lost.
I enjoy telling people about bitcoins in general, its structure and technology, that's a separate issue, but I leave it to them to buy, everyone is responsible for their own investment.
We will be responsible if something goes wrong, so it's best to forget about it. After all, I'm not an advisor, so I don't have any responsibility to give people financial information.

Is not good for us to force people to invest in Bitcoin because they will fail in it, what we are suppose to do is to educate people about Bitcoin and how Bitcoin works then allow them to make decision to choose to invest or not, some set of people who where into bitcoin investment and later stopped investing is because they where forced into Bitcoin investment and some people where also given false information and that was why they joined Bitcoin investment I know of someone who thought Bitcoin would give him profit in less than 2 weeks of his investment and this was because he was given false information some newbies really don't understand how Bitcoin investment works some set of people thinks that Bitcoin investment is like Ponzi scheme where you can just investment and get huge amount of profit in a week later, and this false informations given to people has really given Bitcoin bad image, the best thing to do is to give people the right information about Bitcoin and also tell them to do some research by there self and let them go through the history of Bitcoin growth if they decide to invest after everything then they will be determine to succeed.

You're right forcing someone to go into bitcoin investment is not always advisable because the person may end up investing wrongly just like as you said earlier, and of course that's how it is probably when you're being forced into something meanwhile you have not acquire enough knowledge about how it works. and in some cases it might be that the person is not yet ready to go into bitcoin investment but due to how curious you're can make him decide to dive into investing in bitcoin. This is why forcing someone is not always advisable, after giving them the knowledge about how bitcoin investment works we are meant to give them some space to think about it and then make some planning not after giving them the knowledge at same time forcing them to invest in bitcoin No" it never works like that.


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March 18, 2025, 09:38:32 AM
 #272


You're right forcing someone to go into bitcoin investment is not always advisable because the person may end up investing wrongly just like as you said earlier, and of course that's how it is probably when you're being forced into something meanwhile you have not acquire enough knowledge about how it works. and in some cases it might be that the person is not yet ready to go into bitcoin investment but due to how curious you're can make him decide to dive into investing in bitcoin. This is why forcing someone is not always advisable, after giving them the knowledge about how bitcoin investment works we are meant to give them some space to think about it and then make some planning not after giving them the knowledge at same time forcing them to invest in bitcoin No" it never works like that.
Forcing means requiring someone to follow the path you are taking, is that allowed? not in other cases even in investment this is prohibited you can be punished if you force others/relatives to follow it, but if someone is interested in investing we are required to provide education about how good and bad investment is especially investing in bitcoin or better emphasize the risks so that those who want to be interested in becoming investors know exactly what they will go through later. The point is don't force them let them choose their own path.

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March 18, 2025, 04:13:24 PM
 #273


You're right forcing someone to go into bitcoin investment is not always advisable because the person may end up investing wrongly just like as you said earlier, and of course that's how it is probably when you're being forced into something meanwhile you have not acquire enough knowledge about how it works. and in some cases it might be that the person is not yet ready to go into bitcoin investment but due to how curious you're can make him decide to dive into investing in bitcoin. This is why forcing someone is not always advisable, after giving them the knowledge about how bitcoin investment works we are meant to give them some space to think about it and then make some planning not after giving them the knowledge at same time forcing them to invest in bitcoin No" it never works like that.
Forcing means requiring someone to follow the path you are taking, is that allowed? not in other cases even in investment this is prohibited you can be punished if you force others/relatives to follow it, but if someone is interested in investing we are required to provide education about how good and bad investment is especially investing in bitcoin or better emphasize the risks so that those who want to be interested in becoming investors know exactly what they will go through later. The point is don't force them let them choose their own path.
Those who want to become real investors, it is enough to just give them the right education about the opportunities and risks. In fact, we have no right to force anyone to do anything, is the money mine? Whose the money, only he has the right to make decisions.
Especially at the time of investment decisions, no kind of compulsory pressure can be given. Investment decisions should be purely personal, so give the right guidance, clear information, and tell them the risks correctly, your work ends here, after that, whether he invests or not, it is his matter.

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moneystery
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March 18, 2025, 04:46:01 PM
 #274

....
This is why forcing someone is not always advisable, after giving them the knowledge about how bitcoin investment works we are meant to give them some space to think about it and then make some planning not after giving them the knowledge at same time forcing them to invest in bitcoin No" it never works like that.

forcing someone to invest in bitcoin is indeed not recommended because if we force him to invest in bitcoin, then that means we are only forcing our will without respecting the person's opinion, whether he really wants to invest in bitcoin or not. just imagine when we force him to invest in bitcoin, but in the process he experiences losses and makes mistakes, in the end we will be blamed, because we are the ones who force him to invest his money in bitcoin.

moreover each person has a different view of bitcoin investment. maybe we believe that it is a good thing, but it is possible that the person has a different opinion. that is his right and it is up to him to listen to what we say or not. but the point is that we have provided information about the advantages and risks of bitcoin, let them do their own research, and make a decision.

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fruktik
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March 19, 2025, 05:53:30 AM
 #275

Well I have said to some people I do work with it is a good idea for them to invest in Bitcoin. But I did not want to force them to do it if something did go wrong they maybe will get mad at me.
I did have a friend of mine buy some Bitcoin and me made some profit from that. I do think he said he sold it now and just made his profit. But it does not always work like this so we can not tell people what to invest their fiat in.
A few months ago, I also strongly recommended my friend to buy some shares of specific companies. Time passed and he was able to earn quite well. If he was not lying, he received a profit equal to his monthly salary. I am inclined to believe him in this, since we drank beer with him more than once and in large quantities at his expense ))

Now he sometimes asks me where else he can invest money. I gave him a recommendation to get acquainted with the world of investments in more detail, so that he could make decisions independently.

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Gozie51
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March 20, 2025, 03:45:43 PM
 #276


How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

Truly I will feel indifferent and you know why? Because there was also a time I was like the person when I heard about it and read it and did research personally about it too until a time that I convinced myself. So I would be indifferent about such person's refusal but I won't leave the person totally to them self. I will not put initial force and persuasive speech but now calmly reminder at intervals ( that is if I observe the person may likely change there mind. If I observe the person will not need external conviction then I would leave them to their own decision.

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March 20, 2025, 05:08:37 PM
 #277


How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

Truly I will feel indifferent and you know why? Because there was also a time I was like the person when I heard about it and read it and did research personally about it too until a time that I convinced myself. So I would be indifferent about such person's refusal but I won't leave the person totally to them self. I will not put initial force and persuasive speech but now calmly reminder at intervals ( that is if I observe the person may likely change there mind. If I observe the person will not need external conviction then I would leave them to their own decision.
Just leave them until they would really be able to make their own on which this will really be the best approach that just not been forcing them out on what are the things that they would gonna do, because if you are really that trying out to be near into them and they have been that noticed it out or there are those types who do get easily pissed or having been that irritated into someone whenever they've seen that they are trying out to be persuasive into the words that they do wanna say.Its not really that bad on hooking up people into something that gives out that good opportunity but once that they do get pissed and they will really be that not wanting to see you anymore then it might bring out that disappointment on your part for someone whose really that not thankful of your concern.  Cheesy
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March 20, 2025, 06:45:26 PM
 #278

If asked how I feel if they don't invest in bitcoin, it doesn't matter, the important thing is that we have given an overview and accompanied by the risks. If they choose something else, that's their choice, but what is clear is that investment is an activity or process of investing capital for the long term, with the aim of obtaining greater profits or results in the future.
I feel bad when someone makes mistakes despite being warned of it's detriments, I feel it matters especially when they invest hide money into pump and dump schemes and sometimes, you'll be sorry for even introducing the person into the crypto space. But when you give an investor orientation and he chooses the best which is Bitcoin and invests more of his funds into it, then probably chooses to diversify his smaller units of funds into other shitcoins and hold, then you're assured that his risk ratio is minimal since Bitcoin risks are much smaller compared to altcoins and shitcoins.
There are many people who are Investing in crypto World and they earned a lot of money from that. But they focused on learning and they spent time on that and there are legendary people who are investing their time for the years and they supported their juniors. Satoshi made best platform for investment and there are thousands of people who got benefit from cryptocurrency and BTC . Altcoins could give you profit and there could be  need of less investment but there will be more risk and your money will not be in safe hands. In the BTC investment, that is safe than any investment.











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March 20, 2025, 09:45:12 PM
 #279


You're right forcing someone to go into bitcoin investment is not always advisable because the person may end up investing wrongly just like as you said earlier, and of course that's how it is probably when you're being forced into something meanwhile you have not acquire enough knowledge about how it works. and in some cases it might be that the person is not yet ready to go into bitcoin investment but due to how curious you're can make him decide to dive into investing in bitcoin. This is why forcing someone is not always advisable, after giving them the knowledge about how bitcoin investment works we are meant to give them some space to think about it and then make some planning not after giving them the knowledge at same time forcing them to invest in bitcoin No" it never works like that.
Forcing means requiring someone to follow the path you are taking, is that allowed? not in other cases even in investment this is prohibited you can be punished if you force others/relatives to follow it, but if someone is interested in investing we are required to provide education about how good and bad investment is especially investing in bitcoin or better emphasize the risks so that those who want to be interested in becoming investors know exactly what they will go through later. The point is don't force them let them choose their own path.

You're absolutely right, however I think the reason why most investors always choose to force their love ones to invest in bitcoin is for them to also get profited unlike they do. Of which is not a bad ideal by recommending our love ones to invest in bitcoin, but not when Force is being applied to it. Because sometimes you can think that you're doing good to them, but not until they experience lose in the market that's when you're going to see the other side of them.

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March 21, 2025, 03:14:18 AM
 #280

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.
Saving money in fiat is a waste of time and lose of value and those who saves in fiat are making mistakes because the money won't be of a better value in the future.  Those who save money in fiat believes they are Saving in the best way and one of the problems with people who save in fiat it is risky for them to buy bitcoin and hodl because they don't understand it. It's good to always invest money than to keep it in fiat because fiat would surely make money less valuable.
Rightly said investing is better than holding fiat although keeping money in fiat generally seems safer its value can decrease in the long run. A good investment has the opportunity to preserve or increase the value of money if you can invest in the crypto market it can provide you with more profits in the long run. Currently some people are paying attention to cryptocurrencies such as bitcoin and ethereum as an alternative to fiat currency, because it is a decentralized currency whose value increases in many cases and investors benefit.

Keeping money in fiat only reduces your money because you will keep spending money even in some unnecessary items and it only makes your money to decrease without adding value or interest but when you invest your money in Bitcoin or other profitable business you stand the chance of having interest as an additional money while your capital is still intact. Investment in the cryptocurrency helps you to add more money to your money but you must understand that the interest you would make doesn't happen very fat it takes time but you are sure of your money cause you don't have charges that can reduce the money and you can make profit once the price of Bitcoin is high.


Bitcoin is a good long term investment and we all know that you can make a profit if the price of bitcoin is high. Because the price of bitcoin can be very volatile there is a possibility of profit due to this volatility it is true that investing in crypto can earn you extra money as interest in exchange for fiat. Such platforms usually provide you with a monthly interest rate for your crypto investors. But for this it is very important to follow the security and rules of the crypto platform properly.

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