Education understanding…Crypto Trade Market Value… and again returning to an investment thesis truthfully and saying 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 find out what it is and find out where it fits for me um i you know of course need to do a lot of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly i see a new one being noted on some exchange and i’m and i go i have actually never ever even i can’t believe i have actually never heard of that i get a big ego and i’m like how could i not have become aware of that however i have it and somehow it gets listed and there are probably tons of other people stating the same things about cryptos that i know 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 look at it is one there are a few ways one is i attempt to educate myself as much as possible and after that have an idea of what i like to find out about and like to purchase what do i like to buy 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 simply purely you know pumps like pump plans or something i understand a lot of individuals made money on shiba inu i understand a great deal of individuals made money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anyone they need to or they shouldn’t because there are a great deal of individuals that have actually done well i select not to do that one because they’re they trade remember 24 7 365.
i don’t want to go to sleep one night and i’m up here and awaken and i’m down here since what will take place is i’ll never sleep again and again from a psychological standpoint i do not want that i i attempt to discover quite a bit about the ones that i’m interested in or discover you know find out why i might be interested why they may have worth and honestly guy it simply takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who don’t understand a lot about crypto or or are actually against it saying saying i don’t comprehend how there can be all these cryptocurrencies one of them has 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 much 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 financial network okay 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 requires to have its own currency to function effectively so it so if we feel and and look this this enters a bit of an opinion i’m a big defy man i love decentralized finance and part of the reason is because i’ve been in finance for so long and i understand where the inefficiencies are and i know 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 effective without the currency that runs the network you can’t have the blockchain technology be truly efficient running on dollars operating 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 fact to the assertion that since there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to start to swallow up the standard financial system and i don’t mean that everything else is going to go away i indicate my feeling is banks and the crypto that the procedures and whatever are going to start interacting they’re going to begin integrating together and that’s where you’re going to see a good deal of this worth so there’s so much cash in the conventional financing system that’s going to make its method into what we currently call the crypto system or the
What’s bad about eToro? Crypto Trade Market Value
Defi system and eventually it’s just going to be called the monetary system because it’s simply a it’s basically a database in a network you get educated 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 broadcast for etoro us club members our webinars let members straight communicate with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a dedicated account manager 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 marketing deals and to find out more about our amazing visitors i’ll see you in etoro us’s club Crypto Trade Market Value.