Education understanding…Does Etoro Ask For Citizenship… and again returning to a financial investment thesis honestly and saying i’m not going to buy 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 study and find out what it is and find out where it fits for me um i you know obviously need to do a whole lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every 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 become aware of that i get a big ego and i’m like how might i not have actually heard of that but i have it and in some way it gets listed and there are probably lots of other people saying the same aspects of cryptos that i know a lot about due to the fact that i i tend to take a look at a lot 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 attempt to inform myself as much as possible and after that have an idea of what i like to discover and like to invest in what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i do not like to buy some that are just just purely you know pumps like pump plans or something i understand a great deal of individuals generated income on shiba inu i understand a great deal of people generated income on dogecoin that’s great 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 must or they should not because there are a great deal of people that have actually succeeded i choose not to do that a person since they’re they trade keep in mind 24 7 365.
i don’t wish 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 take place is i’ll never sleep again and again from a psychological standpoint i don’t want that i i try to find out 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 honestly guy it simply takes a lot of education the other thing i’ll state about that real rapidly is you hear a lot of people who don’t understand a lot about crypto or or are really against it saying saying i do not understand 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 many of them can exist on their own a lot of them are a currency that is for a particular 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 fine 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 requires to have its own currency to work efficiently so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy person i love decentralized finance and part of the factor is since i have actually been in finance for so long and i know where the inefficiencies 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 great 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 working 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 restricted amount of dollars that’s going to go into them so i got to find out which one’s going to be the winner it is going to again in my opinion start to begin to swallow up the conventional financial system and i don’t indicate that whatever else is going to go away i indicate my feeling is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to begin integrating together which’s where you’re going to see a great deal of this value so there’s a lot money 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 eventually it’s just going to be called the financial system because it’s simply a it’s essentially a database in a network you get educated and once again once you get informed have an investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar solely broadcast for etoro us club members our webinars let members directly interact with our visitors using a q a and anybody or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique access to our regular monthly 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 special invitations to irl yes real life etoro occasions make certain to check out the description for any marketing deals and for more information about our incredible guests i’ll see you in etoro us’s club Does Etoro Ask For Citizenship.