Education understanding…Coinbase Api Moving Average… and once again returning to an 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 find out what it is and learn where it suitables for me um i you understand obviously have to do a whole 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 new one being listed on some exchange and i’m and i go i’ve never ever even i can’t think i have actually never heard of that i get a big ego and i’m like how could i not have heard of that but i have it and in some way it gets listed and there are most likely lots of other individuals saying the very same aspects 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 take a look at it is one there are a few methods 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 invest in what do i like to purchase do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to purchase some that are simply just simply you understand pumps like pump schemes or something i know a lot of people generated income on shiba inu i understand a lot of people earned money on dogecoin that’s terrific to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they ought to or they should not because there are a great deal of individuals that have succeeded i choose not to do that a person since they’re they trade remember 24 7 365.
i do not wish to go to bed one night and i’m up here and awaken and i’m down here since what will happen is i’ll never sleep again and again from a psychological standpoint i do not desire that i i attempt to find out quite a bit about the ones that i have an interest in or learn you understand find out why i might be interested why they might have worth and truthfully man it just takes a great deal of education the other thing i’ll state about that real rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are really versus it saying stating i do not comprehend 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 much of them can exist on their own a lot of them are a currency that is for a particular network so bitcoin for instance 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 needs to have his own it it requires to have its own currency to operate 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 since i have actually remained in finance for so long and i know where the inefficiencies 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 fantastic the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be truly efficient running on dollars working 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 since there’s all these cryptocurrencies there’s a minimal 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 begin to swallow up the standard financial system and i don’t suggest that everything else is going to disappear i imply my feeling is banks and the crypto that the procedures and whatever are going to start interacting they’re going to start incorporating together which’s where you’re visiting a good deal of this value so there’s a lot cash in the traditional finance system that’s going to make its method into what we currently call the crypto system or the
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Defi system and ultimately it’s just going to be called the monetary system since it’s just a it’s essentially a database in a network you get informed and again once you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar solely transmitted for etoro us club members our webinars let members straight communicate with our visitors using a q a and anyone or you can join etoro club and u.s club members get a bunch of benefits such as an etoro boodle bag special access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and unique invitations to irl yes reality etoro events make sure to check out the description for any advertising offers and for more information about our fantastic guests i’ll see you in etoro us’s club Coinbase Api Moving Average.