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The best strategy to gain wealth explained: HODL

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I disagree with what I read here. I know that HODL is one of the most profitable methods in crypto trading but it is not a proper method to gain wealth because any veteran in the field of trading knows that day trading with your investment is more profitable than HODL because when you just hold, you will do nothing with your money and you have to wait for months and even years to get a big profit because you only get it once but in day trading you have at least one or two profit opportunities per day which means 60 trading opportunities every month. So, you earn lower but you repeat it many times and this is the secret of winning against HODL.

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Well the best strategy is that we have our own techniques and methods we can used for our own trading, because we can know how are we going to do when we do trading and make sure that the decision we made is good. 

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Indeed,holding is the best strategies that can be used by many,it is the safest way in trading where you will not lose money until you gain profits.only patience is what you need.

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On 10/8/2019 at 6:05 PM, 1millionClub said:

Which Strategy Is The Best?

Description: http://getinbitcoin.com/wp-content/uploads/2019/02/103677209_chessindexgetty.jpg

If you feel lost in all these stuff like trading, hodling, altcoins, leverage etc… Here is what I do.

If I had to describe what I do with one word, it would be ;

“HODL”.

That’s right I hodl. I do it for years and I made fat bucks just by doing nothing.

I don’t trade, I don’t make leveraged trades neither. From time to time, I play with altcoins but I usually end up with going back to the original, bitcoin.

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Why do I do that?

  1. The longer you play, the higher chances to lose. Trading is not much different than playing in a casino. I’ve seen guys who made super profits from trading but I am not those guys. I like the passive income more. You really don’t have to do anything other than sitting tight. You can enjoy your time while doing some other stuff like playing guitar or exploring outside. Sitting in front of a screen every day is not healthy.
  2. Why not altcoins? There are hundreds of thousands of them and solid ones like Litecoin or Monero are already big enough. They won’t be giving you more profits than Bitcoin. They may actually but it won’t make much of a difference. Unless you have super sharp eyes or insider information about a coin which is going to get pumped, you are better of staying away from alts. People made a lot more just buy holding eth or ripple during the 2017 boom but that times is over. Those coins are already big now. If you buy them now you won’t make that big gains again.

Be on the safe side, hodl your BTC’s tight.

http://getinbitcoin.com/2019/02/23/which-strategy-is-the-best/

But I am not totally agree with you because altcoins could give you more times profit than btc. I have seen bitcoin is already high priced coin and it would may rise two or three times more but small coins could rise many times more. For example if btc would rise from $10000 to $20000, although growth of $10000 looks very big but it is just dubbled in price but if litecoin rise from $60 to $240 although growth of $180 looks small but it could increase your money 3 times more.

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Although everyone agrees that investing for a long period of time is the most profitable, the vast majority do not have the patience for long investment and this is the most accurate explanation for the majority loss in trade. Those who have this patience are few.

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Hodl is actually a long term investment. It is the best way to treat promising stocks and cryptocurrencies. You need to grow tough skin and treat your investment accordingly. Have a plan and stick to it, without letting others get to you in anyway. Do not think short term, but focuse on the long run.

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I do think that this prosperous arrive for you to people that carry, carry various values, as well as carry a substantial amount income, is sure to get livelier along with even more significant, the bucks I really should have can be bitcoin, bitcoin can have the additional price down the road.

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I don't like trading with HODL, but I like trading in the short term. This is better in terms of profit speed as well as a small loss percentage


THINK POSITIVE

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If you have good capital, you can trade through HODL as well as in the short and medium term in order to achieve a lot of profits differently


 

Life is great and enjoy it

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Excellent information, although it is up to the currency and your company to analyze if they are doing something to raise their price and make a decision, the good holder knows how to vary currencies and divide your money so as not to lose, risk management works for leverage, hold  , investments in what you are a good risk management is the best ally for business.

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On trading with cryptocurrencies, trading in short-term positions is always a lucrative topic. Most likely, this strategy is suitable in order to always be in profit. Do not “drag out”, and you need to trade in short-term positions. As for Hodl, this is the most promising thing in cryptocurrency.

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Yes. Bitcoin holdings are most valuable. It is explained that because bitcoin is valuable and it increases over time, so the longer it holds it, the more value it gets. I hold bitcoin for 2 years and I get nearly 5000 $.

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21 minutes ago, Ngetpa said:

That is absolutely corret. Many people tend to do the hodl because I think it is more less complicated than the other methods but then if you are experienced and can do some trading then it will be better.

 

Agree, selling high and re-buying low is more effective, especially if you can repeat the cycle more often, and take some profit now and then (instead of reinvesting everything). The main issue (apart from the risks) is that it takes a lot more time than just holding the coins.


Finally a currency which I believe might become a stable coin with a good future (community controlled Ecoin)

Look, read the FAQ, and sign up for free here: https://ecoinofficial.org/referral/n9zk2s0

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On 10/8/2019 at 7:35 AM, 1millionClub said:

Which Strategy Is The Best?

Description: http://getinbitcoin.com/wp-content/uploads/2019/02/103677209_chessindexgetty.jpg

If you feel lost in all these stuff like trading, hodling, altcoins, leverage etc… Here is what I do.

If I had to describe what I do with one word, it would be ;

“HODL”.

That’s right I hodl. I do it for years and I made fat bucks just by doing nothing.

I don’t trade, I don’t make leveraged trades neither. From time to time, I play with altcoins but I usually end up with going back to the original, bitcoin.

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Why do I do that?

  1. The longer you play, the higher chances to lose. Trading is not much different than playing in a casino. I’ve seen guys who made super profits from trading but I am not those guys. I like the passive income more. You really don’t have to do anything other than sitting tight. You can enjoy your time while doing some other stuff like playing guitar or exploring outside. Sitting in front of a screen every day is not healthy.
  2. Why not altcoins? There are hundreds of thousands of them and solid ones like Litecoin or Monero are already big enough. They won’t be giving you more profits than Bitcoin. They may actually but it won’t make much of a difference. Unless you have super sharp eyes or insider information about a coin which is going to get pumped, you are better of staying away from alts. People made a lot more just buy holding eth or ripple during the 2017 boom but that times is over. Those coins are already big now. If you buy them now you won’t make that big gains again.

Be on the safe side, hodl your BTC’s tight.

http://getinbitcoin.com/2019/02/23/which-strategy-is-the-best/

Thank you my friend for this interesting information
I also believe that it is safe for a person to remain in the scope of Bitcoin and cryptocurrencies known only and to stay away from unknown currencies

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i think that you want to mean trading in long term, you follow bitcoin and buy it in the good point then you will sell it in the high price,

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HODL is the best only for those who are beginners in the trading and do not wish to take enough risks in certain time frames. Professional traders do not just relies on the HODL strategy, they seek all the possible ways to make more benefits. That's the point because sometimes, if you choose the wrong coins to HODL for a long time and price does not increase even after holding more than 10 years, does it make the sense ? 


 

 

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On 10/8/2019 at 3:35 PM, 1millionClub said:

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Of course, hodling is a good method and very smart to earn profit. I hodl different coins as well, but i hodl LTC more than BTC, and am happy because i usually earning a good profit when my selling price reaches. 


Time is the ultimate weapon!

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On 10/8/2019 at 7:35 PM, 1millionClub said:

Which Strategy Is The Best?

Description: http://getinbitcoin.com/wp-content/uploads/2019/02/103677209_chessindexgetty.jpg

If you feel lost in all these stuff like trading, hodling, altcoins, leverage etc… Here is what I do.

If I had to describe what I do with one word, it would be ;

“HODL”.

That’s right I hodl. I do it for years and I made fat bucks just by doing nothing.

I don’t trade, I don’t make leveraged trades neither. From time to time, I play with altcoins but I usually end up with going back to the original, bitcoin.

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Why do I do that?

  1. The longer you play, the higher chances to lose. Trading is not much different than playing in a casino. I’ve seen guys who made super profits from trading but I am not those guys. I like the passive income more. You really don’t have to do anything other than sitting tight. You can enjoy your time while doing some other stuff like playing guitar or exploring outside. Sitting in front of a screen every day is not healthy.
  2. Why not altcoins? There are hundreds of thousands of them and solid ones like Litecoin or Monero are already big enough. They won’t be giving you more profits than Bitcoin. They may actually but it won’t make much of a difference. Unless you have super sharp eyes or insider information about a coin which is going to get pumped, you are better of staying away from alts. People made a lot more just buy holding eth or ripple during the 2017 boom but that times is over. Those coins are already big now. If you buy them now you won’t make that big gains again.

Be on the safe side, hodl your BTC’s tight.

http://getinbitcoin.com/2019/02/23/which-strategy-is-the-best/

For those of you who have large capital and don't need money every day, maybe you can Hold. But for those of me who rely on profit and daily income to buy food, I don't think Hold is for me. I prefer day trading, because indeed I trade for daily profit, even though it is a little bit profit I think day trading is more suitable for me. There is nothing wrong with trying to trade using cheaper altcoins, we don't know whether altcoins will outperform bitcoin in the future or not, the important thing is to keep trying. Every trader has a different limited capital, maybe for you an appropriate hold strategy, but everyone has different needs

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Holding is not the best way until the market force you to do it. because holding mean to stuck your money for an unknown time and you have no guarantee that you will get the desire profit from that holding. 


Youtube ChannelSocial media Assets, Websites and Plugins are available in a very reasonable price 😇 TALK Token is also acceptable.

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I agree, many people starts investing in small amount of crypto just like bitcoin back then, and now we are here in the era where bitcoin prices up to $1700, you will earn a lot of profit because of that and hodl is the key to be wealth in life.

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1 hour ago, Tine0313 said:

many people starts investing in small amount of crypto just like bitcoin back then

Well, that's true mate, in past years when the bitcoin is not popular and not having a good value, the price of it is just $1 only, all people who are buying bitcoin in that time is very rich right now because of having a massive value.

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On 11/22/2019 at 4:17 AM, xprince1996 said:

I think it is best to hold those altcoins with short term pump potential because if you were going to hold bitcoin it will take years before you can make a decent profit.

Keeping currencies for a long time and re-pumping more of them is a good strategy and you can achieve profits through it, but it needs a large capital in order to be able to benefit from the profits after a long period of time, for me, I prefer trading on a daily basis because it gives more and faster profits.

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Something similar happened to me and I noticed that I am not good at making profits in trading and it makes me stay nervous all the time. So I bought big and good coins such as Litecoin, Waves, and Neo, and I made my goal to keep the coins until their price increased, with peace of mind.

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Everyone has their own way to make money
Your technology is good for making money and enjoying life together
If you want more money, you must combine several methods to achieve maximum benefit
Some people do not like to wait so long to collect money they are doing day and possibly hourly trading

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I thought hold and passive income didn't have much of an advantage, we ran out of time to wait while the improvements continued. Hold can be done when the market is bearish. But if the market is bullish, we better trade because it is more profitable. In order for trading not to lose and be considered like gambling, you have to be smart.

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However, Bloomberg reports that comparing deposits at the Bank of Japan suggests that around ¥9.4 trillion ($60 billion) might have been spent on these currency interventions, a new monthly record for such financial operations.   However, if this $60 billion helped, it was only slightly – the dollar has already recovered half of its losses. Since interest rates in the US and Europe have not yet decreased, and the yen rate remains extremely low at 0.1%, officials from the Ministry of Finance and the Bank of Japan (BoJ) are trying to buy time until this gap starts to narrow. Comments from BoJ board member Seiji Adachi, who stated on 30 May that the Japanese central bank leaders could raise the interest rate, provided some support for the yen. However, the question of when this might happen remains open, and officials are reluctant to answer. In his traditional speech on Friday, 31 May, Japan's Minister of Finance, Shunichi Suzuki, reiterated that exchange rates should reflect fundamental indicators and that he would respond appropriately to excessive movements.   On Friday, 31 May, a block of important macroeconomic statistics on the state of the Japanese economy was released. The Consumer Price Index (CPI) in Tokyo showed that inflation rose to 2.2% y/y in May. In April, this figure was at 1.8%, matching a 26-month low. Core inflation in Tokyo also rose to 1.9% from 1.6% y/y, and the CPI excluding volatile food and energy prices increased from 1.8% to 2.2% y/y. (It should be noted that inflation in Tokyo is usually higher than the nationwide figures, which are published three weeks later. Therefore, the Tokyo CPI is a preliminary but not final indicator of inflation dynamics at the national level.)   The current rise in inflation could increase confidence in future BoJ monetary policy tightening. However, the fear of low inflation and a sharp yen appreciation deters the BoJ from raising the interest rate and narrowing the gap with other major global currencies' rates. A strong yen would harm national exporters. The decline in industrial production, which fell by -0.1% in April both month-on-month and year-on-year, does not encourage borrowing costs to rise.   The last note of the week for USD/JPY was struck at 157.25. United Overseas Bank (UOB) analysts believe that in the next 1-3 weeks, "the dollar has the potential for growth, but given the weak upward momentum, any advancement is likely to be slow. The 157.50 level might be difficult to overcome, and resistance at 158.00 is unlikely to be reached in the near future."   Speaking of the average forecast of experts, only 20% indicate a southward direction, while the remaining 80% adopt a neutral position and look east. Technical analysis tools show no such doubts or disagreements. Thus, 100% of trend indicators and oscillators on D1 point north, with 15% already in the overbought zone. It should be noted that if the green/north color of the indicators for the euro and the British pound indicates their strengthening, in the case of the yen, it conversely indicates its weakening. Therefore, traders may find it interesting to pay attention to the EUR/JPY and GBP/JPY pairs, whose dynamics have been impressive lately. The nearest support level is in the area of 156.25-156.60, followed by zones and levels at 155.50-155.90, 153.10-153.60, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance is in the 157.40 zone, followed by 157.70-158.00, 158.60, and 160.00-160.20.   No significant events or publications regarding the state of the Japanese economy are expected next week. CRYPTOCURRENCIES: Bullish and Bearish Ethereum Prospects   For the second week, market participants' attention has been focused on the main altcoin. On 23 May, the US Securities and Exchange Commission (SEC) approved 19b-4 applications from eight issuers of spot exchange-traded funds based on Ethereum. (According to JP Morgan experts, this was dictated not by a desire to support digital assets but by a political decision aimed at supporting Joe Biden ahead of the US presidential elections.) Whatever the true reason for this regulatory move, everyone is now interested in where Ethereum prices will go. The newborn ETH-ETFs can only start trading after the SEC approves the S-1 applications. According to Bloomberg analyst James Seyffart, this could take "weeks or months," although it is very likely to happen in mid-June. According to DeFiance Capital CEO Arthur Cheong, Ethereum's price could rise to $4,500 even before trading begins. CCData analysts believe that within 100 days of the launch of ETH-ETFs, the price could reach $5,000 per coin. This forecast is based on linear regression and the price statistics of bitcoin after the launch of spot BTC-ETFs. CCData's analysis assumes that inflows into similar Ethereum funds will be at least 50% of inflows into Bitcoin-ETFs, which means about $3.9 billion over a 100-day period.   Popular analyst Lark Davis has forecasted future growth for bitcoin to $150,000 and Ethereum to $15,000, explaining such a sharp price increase by the emerging market dynamics. The main reason for growth, Davis also cites spot BTC-ETFs, to which ETH-ETFs will now join. This will further fuel the cryptocurrency market's enthusiasm. Currently, spot BTC-ETFs hold 1,002,343 coins (≈ $68 billion), which is about 5% of the circulating supply of the flagship asset. Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
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