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Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
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[10xResearch: Every Investor Has A Price Threshold For Deciding To Accept Bitcoin. As Prices Climb, Bitcoin Gains Legitimacy And Attracts New Believers] Bitget News, Research Firm 10x Research Published An Article Saying That Michael Saylor's Transformation On Bitcoin Has Taught US A Valuable Lesson, Although It May Not Be What You Expect. Saylor Was Once A Sharp Skeptic, But As Prices Rose, His Views Changed, Revealing The Threshold At Which Even Staunch Critics Can Become Full Believers. This Phenomenon Shows That Everyone Has A Price Point At Which The Allure Of Bitcoin Becomes Undeniable. Saylor's Journey From Skeptic To Bitcoin Tycoon Exemplifies This Transformation, And He Is Certainly Not Alone - He Follows Many People, And More Will Follow Him. It's Just A Matter Of Price, Not Time. Saylor's Shift In His View Of Bitcoin Provides A Profound Lesson. In 2013, He Was Dismissive Of Bitcoin, Saying That "Bitcoin's Days Are Numbered" And Had Little Interest In Bitcoin At $700 Per Coin. In 2020, However, He Shifted Gears, Leading MicroStrategy To Invest At An Average Price Of $11,650 Per Bitcoin. Since Then, His Firm Has Acquired More Than $14 Billion Worth Of Bitcoin, Making MicroStrategy A Major Promoter And Advocate Of The Last Cycle. During The Bear Market, Bitcoin Fell Below $20,000, Far Below MicroStrategy’s Average Acquisition Price Of Nearly $30,000, Sparking Speculation About Potential Forced Liquidations. Yet Saylor Persevered, And As Of Now, MicroStrategy’s Returns Since Its First Bitcoin Purchase In August 2020 Are Among The Best Among S&P 500 Companies, Surpassing NVIDIA. It’s Not Just That Saylor Bought And Held Bitcoin; Every Investor Has A Price Threshold At Which They Decide To Accept Bitcoin. As The Price Climbs, Bitcoin Gains Legitimacy And Attracts New Believers
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