Education understanding…Does Etoro Do First In First Out… and again going back to an investment thesis truthfully and stating 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 learn what it is and find out where it fits for me um i you know obviously have 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 new one being listed on some exchange and i’m and i go i’ve never ever even i can’t believe 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 but i have it and somehow it gets listed and there are probably lots of other people saying the very same aspects of cryptos that i understand a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a lot of those tokens so the the way i take a look at it is one there are a few methods one is i try to educate myself as much as possible and after that have a concept of what i like to discover and like to invest in what do i like to invest in do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i do not like to buy some that are just just purely you know pumps like pump schemes or something i understand a great deal of individuals made money on shiba inu i know a lot of individuals generated income on dogecoin that’s excellent 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 need to or they should not because there are a lot of individuals that have actually done well i select not to do that a person because they’re they trade keep in mind 24 7 365.
i do not 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 ever sleep again and again from a psychological viewpoint i don’t want that i i try to discover a fair bit about the ones that i have an interest in or discover you understand learn why i might be interested why they might have value and honestly guy it just takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are actually versus it stating stating i do not understand how there can be all these cryptocurrencies among 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 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 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 work effectively so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy guy i love decentralized financing and part of the factor is since i’ve been in finance for so long and i know where the inefficiencies are and i know if we can take a few of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be terrific the important things is the blockchain technology is not efficient 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 efficient so there is to me not quite fact to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to enter 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 begin to engulf the traditional financial system and i do not suggest that whatever else is going to disappear i suggest my feeling is banks and the crypto that the protocols and everything are going to begin collaborating they’re going to begin integrating together and that’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 way into what we presently call the crypto system or the
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Defi system and eventually it’s simply 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 as soon as you get informed have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar solely relayed for etoro us club members our webinars let members straight interact with our visitors using a q a and anybody or you can join etoro club and u.s club members get a lot of perks such as an etoro boodle bag unique access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can likewise get things like a membership of the wall street journal delta pro and special invites to irl yes reality etoro events make certain to take a look at the description for any marketing deals and to find out more about our amazing guests i’ll see you in etoro us’s club Does Etoro Do First In First Out.