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Education understanding…Cryptocurrency Trading Chicago… and once again returning to a financial investment thesis honestly and saying 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 find out where it suitables for me um i you understand naturally need 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 each week i see a brand-new one being noted on some exchange and i’m and i go i’ve never even i can’t think i’ve never ever heard of that i get a big ego and i’m like how might i not have become aware of that however i have it and somehow it gets noted and there are most likely lots of other individuals saying the exact same features of cryptos that i understand a lot about due to the fact that i i tend to take a look at a great deal of defy things i tend to look a great deal of those tokens so the the way i look at it is one there are a couple of methods one is i try to educate myself as much as possible and after that have an idea of what i like to learn about and like to invest in what do i like to purchase 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 invest in some that are simply simply simply you understand pumps like pump schemes or something i understand a lot of individuals made money on shiba inu i know a lot of individuals earned money on dogecoin that’s great to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anybody they should or they shouldn’t because there are a great deal of individuals that have succeeded i choose not to do that one because they’re they trade keep in mind 24 7 365.

 

 

i don’t want to go to sleep one night and i’m up here and wake up and i’m down here due to the fact that what will happen is i’ll never ever sleep again and again from a psychological standpoint i don’t desire that i i try to discover 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 value and truthfully guy it just takes a great deal of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are actually against it stating stating i don’t comprehend how there can be all these cryptocurrencies among them needs to win however that’s that’s not the case they are all they they can or a number 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 all right if eth is the currency of the ethereum network so there’s a whole network there and it has to have his own it it needs to have its own currency to function effectively so it so if we feel and and look this this enters into a little bit of an opinion i’m a big defy man i love decentralized finance and part of the reason is due to the fact that i’ve remained in finance for so long and i understand where the inadequacies 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 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 actually efficient operating 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 fact 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 find out which one’s going to be the winner it is going to again in my viewpoint start to start to engulf the standard monetary system and i don’t suggest that whatever else is going to disappear i indicate my feeling is banks and the crypto that the procedures and whatever are going to begin collaborating they’re going to begin incorporating together and that’s where you’re going to see a good deal of this value so there’s so much cash in the conventional 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 financial system since it’s simply a it’s basically a database in a network you get educated and once 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 exclusively broadcast for etoro us club members our webinars let members directly communicate with our visitors using a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes reality etoro occasions be sure to take a look at the description for any advertising deals and for more information about our remarkable guests i’ll see you in etoro us’s club Cryptocurrency Trading Chicago.