Education understanding…Cryptocurrency Trading Spreadsheet… and again returning to an investment thesis honestly and saying i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and discover what it is and discover where it fits for me um i you know of course need to do a whole 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 even i can’t think i’ve never become aware of that i get a huge ego and i’m like how might i not have become aware of that but i have it and in some way it gets listed and there are most likely lots of other people stating the very same features of cryptos that i understand 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 discover and like to purchase what do i like to buy do i like to invest in the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i do not like to buy some that are simply just simply you understand pumps like pump schemes or something i understand a great deal of individuals made money on shiba inu i know a lot of individuals earned money on dogecoin that’s excellent 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 must or they shouldn’t because there are a lot of individuals that have done well i choose not to do that a person since they’re they trade remember 24 7 365.
i do not wish to go to sleep one night and i’m up here and get 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 want 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 great deal 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 versus it saying saying i don’t understand 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 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 economic network alright 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 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 financing and part of the factor is due to the fact that i have actually remained in finance for so long and i know where the ineffectiveness are and i understand 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 great the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be really effective working on dollars working on us dollars over the banking system you have 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 limited quantity of dollars that’s going to enter 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 begin to swallow up the traditional monetary system and i don’t imply that whatever else is going to go away i imply my feeling is banks and the crypto that the procedures and everything are going to start working together they’re going to begin integrating together which’s where you’re visiting a good deal of this worth so there’s a lot cash in the conventional finance system that’s going to make its way into what we currently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the financial system because it’s just a it’s basically a database in a network you get educated and once again as soon as you get informed have an investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members directly connect with our visitors using a q a and anyone or you can join etoro club and u.s club members get a lot of perks such as an etoro swag bag unique 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 unique invites to irl yes reality etoro occasions make sure to have a look at the description for any promotional deals and to find out more about our amazing guests i’ll see you in etoro us’s club Cryptocurrency Trading Spreadsheet.