Education understanding…Adjusted Gain Loss Etoro… and again going back to an investment thesis truthfully and stating i’m not going to buy anything even if i saw some guy pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and find out what it is and learn where it fits for me um i you know naturally need to do a great deal of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being listed on some exchange and i’m and i go i have actually never even i can’t think i’ve never become aware of that i get a big ego and i resemble how could i not have actually heard of that but i have it and somehow it gets listed and there are probably tons of other individuals saying the same features of cryptos that i understand a lot about since i i tend to take a look at a lot of defy things i tend to look a lot of those tokens so the the way i look at it is one there are a couple of methods one is i attempt to inform myself as much as possible and then have a concept of what i like to find out about and like to invest in what do i like to buy do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i do not like to purchase some that are simply just simply you know pumps like pump plans or something i know a lot of people made money on shiba inu i know a lot of people made money on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they must or they should not because there are a lot of people that have actually done well i select not to do that one since they’re they trade keep in mind 24 7 365.
i don’t wish to go to sleep one night and i’m up here and get up and i’m down here due to the fact that what will happen is i’ll never sleep again and again from an emotional standpoint i do not desire that i i try to discover quite a bit about the ones that i’m interested in or discover you understand discover why i might be interested why they might have value and truthfully male it just takes a whole lot of education the other thing i’ll state about that real quickly is you hear a great deal of individuals who do not understand a lot about crypto or or are truly against it saying saying i do not understand how there can be all these cryptocurrencies one of them needs to win but that’s that’s not the case they are all they they can or a lot of them can exist on their own many of them are a currency that is for a specific network so bitcoin for example is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states economic network fine if eth is the currency of the ethereum network so there’s an entire network there and it has to have his own it it needs to have its own currency to function efficiently so it so if we feel and and look this this enters a bit of an opinion i’m a big defy guy i love decentralized finance and part of the reason is due to the fact that i’ve been in finance for so long and i know where the inefficiencies are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be fantastic the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be truly efficient working on dollars operating on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it effective so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to once again in my viewpoint start to start to swallow up the standard financial system and i don’t mean that everything else is going to go away i mean my feeling is banks and the crypto that the protocols and everything are going to start working together they’re going to start integrating together and that’s where you’re visiting a great deal of this value so there’s so much cash in the standard financing system that’s going to make its way into what we currently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the monetary system because it’s just a it’s basically a database in a network you get educated and again when you get educated have a financial investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members directly communicate with our visitors using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro swag bag exclusive access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can likewise get things like a membership of the wall street journal delta pro and unique invitations to irl yes real life etoro events be sure to take a look at the description for any promotional deals and to read more about our incredible visitors i’ll see you in etoro us’s club Adjusted Gain Loss Etoro.