Education understanding…Coinbase Integration Betterment… and again going back to a financial investment thesis truthfully and stating i’m not going to invest in 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 and discover what it is and learn where it fits for me um i you know obviously need to do a lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh each 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 become aware of that i get a huge ego and i resemble how might i not have become aware of that but i have it and somehow it gets listed and there are probably tons of other people saying the exact same things about cryptos that i know a lot about because i i tend to 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 few methods one is i attempt to educate myself as much as possible and after that have an idea of what i like to learn more about and like to buy what do i like to buy do i like to invest in 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 simply purely you understand pumps like pump plans or something i understand a lot of people generated income on shiba inu i know a great deal of individuals earned money on dogecoin that’s terrific to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anyone they need to or they shouldn’t because there are a lot of individuals that have done well i select not to do that one since 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 awaken and i’m down here due to the fact that what will happen is i’ll never sleep again and again from an emotional standpoint i don’t desire that i i attempt to find out quite a bit about the ones that i’m interested in or discover you know find out why i might be interested why they might have worth and truthfully guy it just takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who don’t understand a lot about crypto or or are really against it saying saying i don’t 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 lot 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 financial network okay 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 operate effectively so it so if we feel and and look this this gets into a bit of an opinion i’m a big defy man i love decentralized finance and part of the factor is because i have actually been in financing for so long and i know where the inefficiencies are and i know if we can take a few of those ineffectiveness out of the system and we can utilize blockchain innovation to do it that would be terrific the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be really 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 efficient so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter 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 conventional monetary system and i do not suggest that everything else is going to disappear i mean my feeling is banks and the crypto that the protocols and everything are going to begin collaborating they’re going to start integrating together which’s where you’re going to see a great deal of this value so there’s a lot money in the traditional financing 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 again when you get educated have a financial investment thesis here’s what i like to purchase 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 engage with our guests 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 unique access to our regular monthly webinars quarterly market reports and a devoted 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 invitations to irl yes real life etoro events be sure to take a look at the description for any promotional deals and to read more about our fantastic guests i’ll see you in etoro us’s club Coinbase Integration Betterment.