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RE: What will happen to BTC on August 1st? -For Crypto Infants-

If people wouldn't put anything they can't afford to lose Into bitcoin then all will be right with the world. But same as every investment. The more diversified the better. Some of my savings is in the form of long term food supply, some in the bank, education, some hidden. Just makes good sense.

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In other words...Don't put your all eggs in to one basket..:)