Education understanding…Backtest Trading Strategies Using Options Data Open Interest Platform… and again going back to an investment thesis truthfully and stating i’m not going to purchase anything just because i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and find out what it is and discover where it suitables for me um i you know naturally have to do a whole lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a new one being noted on some exchange and i’m and i go i’ve never ever even i can’t believe i have actually never ever become aware of that i get a huge ego and i’m like how might i not have become aware of that however i have it and in some way it gets noted and there are probably lots of other people saying the same things about cryptos that i understand a lot about due to the fact that i i tend to look at a lot of defy stuff i tend to look a great deal of those tokens so the the method i take a look at it is one there are a few ways one is i attempt to educate myself as much as possible and then have an idea of what i like to learn about and like to purchase what do i like to purchase do i like to invest in the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to buy some that are just just simply you know pumps like pump plans or something i know a lot of people earned money on shiba inu i know a great deal of individuals generated income on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they must or they shouldn’t because there are a lot of individuals that have succeeded i select not to do that one due to the fact that they’re they trade remember 24 7 365.
i do not wish to go to bed one night and i’m up here and get up and i’m down here because what will occur is i’ll never ever sleep again and again from an emotional viewpoint i don’t desire that i i attempt to learn a fair bit about the ones that i’m interested in or learn you know find out why i might be interested why they may have worth and truthfully guy it simply takes a whole lot of education the other thing i’ll say about that real quickly is you hear a lot of people who do not understand a lot about crypto or or are actually versus it saying saying i don’t comprehend how there can be all these cryptocurrencies one of them has to win however that’s that’s not the case they are all they they can or many of them can exist on their own much 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 financial network okay 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 requires to have its own currency to operate effectively so it so if we feel and and look this this enters into a little bit of an opinion i’m a big defy person i love decentralized financing and part of the reason is because i have actually remained in financing for so long and i understand where the inefficiencies are and i know if we can take some of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be excellent the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be really effective running on dollars running on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient so there is to me not quite fact to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to go into them so i got to find out which one’s going to be the winner it is going to again in my viewpoint start to begin to swallow up the conventional financial system and i do not indicate that everything else is going to disappear i suggest my sensation is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to start incorporating together and that’s where you’re visiting a good deal of this value so there’s so much 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 eventually it’s just going to be called the monetary system due to the fact that it’s just a it’s essentially a database in a network you get educated and again when you get informed have a financial investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly interact 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 perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes reality etoro occasions be sure to check out the description for any advertising deals and for more information about our incredible visitors i’ll see you in etoro us’s club Backtest Trading Strategies Using Options Data Open Interest Platform.