Education understanding…Cheapest Network Fees Etoro… and again returning to an investment thesis truthfully and stating i’m not going to purchase 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 and discover what it is and discover where it suitables for me um i you know obviously need to do a lot of research i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t think i have actually never heard of that i get a big ego and i resemble how might i not have heard of that however i have it and somehow it gets listed and there are most likely lots of other people saying the very same aspects of cryptos that i understand a lot about since i i tend to look at a lot of defy things i tend to look a great deal of those tokens so the the method i look at it is one there are a few methods one is i try to educate myself as much as possible and then have an idea of what i like to discover and like to buy what do i like to purchase do i like to purchase the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to buy some that are just just simply you understand pumps like pump schemes or something i understand a great deal of individuals made money on shiba inu i know a lot of individuals earned money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anybody they ought to or they should not because there are a great deal of people that have actually succeeded i pick not to do that one due to the fact that they’re they trade keep in mind 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 since what will happen is i’ll never sleep again and again from an emotional perspective i do not desire that i i attempt to find out a fair bit about the ones that i have an interest in or discover you know find out why i might be interested why they may have value and honestly man it simply takes a whole lot of education the other thing i’ll say about that genuine quickly is you hear a great deal of people who do not comprehend a lot about crypto or or are truly versus it saying stating i don’t understand how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or much 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 financial network okay if eth is the currency of the ethereum network so there’s a whole network there and it has 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 an opinion i’m a big defy person i love decentralized finance and part of the reason is due to the fact that i’ve been in financing for so long and i know where the ineffectiveness are and i know if we can take a few of those inadequacies out of the system and we can utilize blockchain technology to do it that would be terrific the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be really efficient 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 effective so there is to me not quite truth to the assertion that since there’s all these cryptocurrencies there’s a minimal quantity of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to once again in my viewpoint start to begin to swallow up the traditional financial system and i do not indicate that whatever else is going to go away i suggest my feeling is banks and the crypto that the protocols and everything are going to begin interacting they’re going to start incorporating together which’s where you’re visiting a great deal of this worth so there’s so much money in the conventional 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 financial system since it’s simply a it’s essentially a database in a network you get informed 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 do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly interact with our visitors using a q a and anybody or you can join etoro club and u.s club members get a lot of advantages such as an etoro boodle bag unique access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invites to irl yes real life etoro events make sure to have a look at the description for any marketing deals and to find out more about our amazing guests i’ll see you in etoro us’s club Cheapest Network Fees Etoro.