Education understanding…Concurrent Etoro… and again returning to an investment thesis honestly and saying i’m not going to purchase anything just because i saw some man pumping it on tick tock or i saw somebody 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 know of course need to do a great deal of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being noted on some exchange and i’m and i go i have actually never ever even i can’t believe i’ve never ever heard 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 listed and there are probably lots of other people stating the same features of cryptos that i know a lot about due to the fact that i i tend to look at a lot of defy things i tend to look a lot 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 invest in do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i do not like to buy some that are just just simply you understand pumps like pump plans or something i know a great deal of individuals earned money on shiba inu i know a lot of individuals earned money on dogecoin that’s great to hear i do not 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 succeeded i select not to do that a person 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 ever sleep again and again from an emotional standpoint i don’t want that i i try to find out a fair bit about the ones that i’m interested in or discover you know discover why i might be interested why they may have value and truthfully man it just takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are actually against it saying saying 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 number of them are a currency that is for a specific 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 alright 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 effectively so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy guy i love decentralized finance and part of the factor is since i’ve been in finance for so long and i understand where the inadequacies are and i understand if we can take some of those inadequacies out of the system and we can utilize blockchain technology to do it that would be terrific the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be truly efficient working 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 very much truth 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 again in my opinion start to begin to engulf the conventional monetary system and i don’t mean that whatever else is going to go away i suggest my sensation is banks and the crypto that the protocols and everything are going to start collaborating they’re going to start integrating together which’s where you’re visiting a lot of this worth so there’s a lot money in the standard 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 due to the fact that it’s simply a it’s basically a database in a network you get informed and again as soon as you get educated have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically relayed for etoro us club members our webinars let members directly engage with our guests utilizing a q a and any person or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro swag bag exclusive access to our month-to-month 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 unique invitations to irl yes real life etoro occasions make certain to take a look at the description for any marketing deals and to read more about our amazing guests i’ll see you in etoro us’s club Concurrent Etoro.