Education understanding…Crypto Trading Bot Built With Scala… and again going back to an investment thesis honestly and stating i’m not going to purchase anything even if i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn what it is and discover where it suitables for me um i you understand obviously have to do a whole lot of research study i can’t stay up to date 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 even i can’t believe i have actually never heard of that i get a huge ego and i’m like how could i not have actually become aware of that however i have it and somehow it gets listed and there are probably tons of other individuals stating the exact same features of cryptos that i understand a lot about since i i tend to take a look at a lot of defy stuff i tend to look a great deal of those tokens so the the method i take a look at it is one there are a few ways one is i attempt to inform myself as much as possible and after that have a concept of what i like to find out about and like to purchase 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 comprehending those i do not like to purchase some that are simply simply purely you know pumps like pump plans or something i know a great deal of people earned money on shiba inu i understand a great deal of people earned money on dogecoin that’s great to hear i do not want to do that that that’s not me i pick not to and i’m not telling anybody they must or they should not because there are a great deal of people that have actually succeeded i select not to do that a person since they’re they trade keep in mind 24 7 365.
i do not want to go to bed one night and i’m up here and get up and i’m down here since what will occur is i’ll never sleep again and again from an emotional perspective i don’t want that i i try to find out quite a bit about the ones that i have an interest in or discover you understand discover 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 genuine quickly is you hear a lot of individuals who do not comprehend a lot about crypto or or are really versus it stating stating i don’t comprehend how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or many of them can exist on their own a lot 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 all right 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 work effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a big defy person i love decentralized financing and part of the factor is since i’ve been in finance for so long and i know where the inadequacies are and i know if we can take a few of those inadequacies out of the system and we can use blockchain technology to do it that would be fantastic the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be really effective operating 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 very much fact to the assertion that because 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 once again in my viewpoint start to start to swallow up the traditional monetary system and i do not imply that everything else is going to go away i indicate my sensation is banks and the crypto that the procedures and everything are going to begin collaborating they’re going to start incorporating together which’s where you’re going to see a good deal of this value so there’s so much money in the conventional 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 just going to be called the financial system because it’s just a it’s essentially a database in a network you get educated and once again once you get educated 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 specifically broadcast for etoro us club members our webinars let members straight connect with our guests utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invitations to irl yes reality etoro events make sure to take a look at the description for any advertising offers and to find out more about our incredible visitors i’ll see you in etoro us’s club Crypto Trading Bot Built With Scala.