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Education understanding…Aracely Sotelo Td Ameritrade Inc… and once again returning to an investment thesis truthfully and saying i’m not going to invest in anything even if i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and discover what it is and discover where it fits for me um i you understand obviously need to do a lot of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week i see a new one being noted on some exchange and i’m and i go i have actually never ever even i can’t believe i have actually never ever become aware of that i get a big ego and i’m like how could i not have heard of that but i have it and somehow it gets noted and there are most likely tons of other people stating the very same aspects of cryptos that i know a lot about due to the fact that i i tend to take a look at a great deal of defy stuff i tend to look a great deal of those tokens so the the method i look at it is one there are a couple of methods one is i attempt to educate myself as much as possible and then have a concept of what i like to learn more about and like to purchase what do i like to purchase do i like to purchase the ones that have some sort of capital or liquidity procedure or something like that so understanding those i don’t like to purchase some that are just just simply you understand pumps like pump plans or something i understand a lot of people generated income on shiba inu i understand a lot of people made money on dogecoin that’s fantastic to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anybody they should or they shouldn’t because there are a great deal of people that have done well i choose not to do that a person due to the fact that they’re they trade remember 24 7 365.

 

 

i don’t want to go to bed one night and i’m up here and wake up and i’m down here since what will happen is i’ll never ever sleep again and again from an emotional perspective i don’t want that i i try to discover a fair bit about the ones that i have an interest in or learn you understand discover why i might be interested why they might have value and honestly man it just takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who don’t understand a lot about crypto or or are truly versus it stating saying i do not comprehend how there can be all these cryptocurrencies among them has to win however that’s that’s not the case they are all they they can or a number of them can exist on their own much of them are a currency that is for a particular 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 all right if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it requires to have its own currency to function effectively so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy guy i love decentralized financing and part of the factor is due to the fact that i have actually been in financing for so long and i understand where the inadequacies are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be terrific the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really efficient working on dollars running on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much fact to the assertion that because there’s all these cryptocurrencies there’s a restricted quantity 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 begin to engulf the traditional financial system and i don’t suggest that everything else is going to go away i imply my feeling is banks and the crypto that the protocols and everything are going to begin interacting they’re going to begin incorporating together which’s where you’re going to see a lot of this worth so there’s a lot money in the standard finance system that’s going to make its way into what we presently call the crypto system or the

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Defi system and ultimately it’s just going to be called the financial system because it’s just a it’s basically a database in a network you get educated and once again as soon as you get informed have an investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members straight communicate with our guests utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of benefits such as an etoro boodle bag special access to our month-to-month webinars quarterly market reports and a devoted account manager if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes reality etoro events make sure to take a look at the description for any marketing deals and to get more information about our fantastic guests i’ll see you in etoro us’s club Aracely Sotelo Td Ameritrade Inc.