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Education understanding…Close All Positions Etoro… and again going back to a financial investment thesis honestly and stating i’m not going to buy 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 naturally have 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 every week i see a new one being noted on some exchange and i’m and i go i’ve never even i can’t believe i have actually never heard of that i get a huge ego and i resemble how could i not have become aware of that but i have it and somehow it gets listed and there are probably lots of other individuals saying the same things about cryptos that i understand a lot about because i i tend to look at a great deal of defy things i tend to look a lot of those tokens so the the way i take a look at it is one there are a few ways one is i try to inform myself as much as possible and then have an idea 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 cash flow or liquidity protocol or something like that so understanding those i do not like to purchase some that are simply simply simply you know pumps like pump schemes or something i understand a lot of people earned money on shiba inu i understand a lot of people earned money on dogecoin that’s great to hear i don’t want to do that that that’s not me i select not to and i’m not telling anybody they ought to or they shouldn’t because there are a lot of people that have succeeded i pick not to do that a person since they’re they trade remember 24 7 365.

 

 

i don’t want to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will take place is i’ll never ever sleep again and again from an emotional standpoint i don’t want that i i try to learn quite a bit about the ones that i have an interest in or discover you understand find out why i might be interested why they may have value and honestly male it simply takes a lot of education the other thing i’ll say about that real quickly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are truly against it stating saying 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 a lot 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 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 operate effectively so it so if we feel and and look this this gets into a little bit of an opinion i’m a huge defy person i love decentralized finance and part of the reason is since i have actually been in finance 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 innovation to do it that would be fantastic the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly efficient operating on dollars working 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 truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted amount 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 again in my opinion start to begin to engulf the conventional financial system and i don’t suggest that everything else is going to disappear i suggest my feeling is banks and the crypto that the procedures and whatever are going to start working together they’re going to start integrating together and that’s where you’re visiting a good deal of this worth so there’s a lot cash in the traditional 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 simply going to be called the financial system due to the fact that it’s simply a it’s essentially a database in a network you get informed and again as soon as you get educated have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar solely relayed for etoro us club members our webinars let members directly engage with our guests using a q a and any person or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and unique invitations to irl yes reality etoro occasions make certain to take a look at the description for any marketing deals and to learn more about our fantastic visitors i’ll see you in etoro us’s club Close All Positions Etoro.