Education understanding…Dogecoin In Etoro… and once again going back to an 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 and learn what it is and find out where it fits for me um i you understand of course need to do a lot of research i can’t keep up 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 ever become aware of that i get a huge ego and i’m like how might i not have become aware of that however i have it and in some way it gets listed and there are probably tons of other people stating 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 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 few methods one is i attempt to inform myself as much as possible and then have an idea of what i like to find out about and like to invest in what do i like to buy do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to purchase some that are simply simply simply you know pumps like pump plans or something i know a lot of individuals made money on shiba inu i know a lot of individuals generated income 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 anyone they need to or they should not because there are a lot of individuals that have actually done well i choose not to do that a person due to the fact that they’re they trade keep in mind 24 7 365.
i don’t wish to go to bed one night and i’m up here and get up and i’m down here because what will happen is i’ll never sleep again and again from an emotional perspective i do not desire that i i attempt to learn quite a bit about the ones that i have an interest in or learn you understand discover why i might be interested why they might have worth and truthfully man it simply takes a great deal of education the other thing i’ll state about that genuine quickly is you hear a lot of people who don’t understand a lot about crypto or or are actually against it stating stating i don’t understand how there can be all these cryptocurrencies one of 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 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 okay 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 little bit of a viewpoint i’m a huge defy man i love decentralized finance and part of the factor is due to the fact that i’ve remained in finance for so long and i know where the inefficiencies are and i know if we can take some of those ineffectiveness out of the system and we can utilize blockchain innovation 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 technology be really efficient running on dollars running 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 go into them so i got to find out which one’s going to be the winner it is going to once again in my viewpoint start to begin to engulf the conventional financial system and i do not suggest that whatever else is going to go away i imply my feeling is banks and the crypto that the protocols and everything are going to begin working together they’re going to start integrating together which’s where you’re going to see a great deal of this worth so there’s a lot money in the conventional financing system that’s going to make its method into what we presently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the financial system due to the fact that it’s simply a it’s basically a database in a network you get informed and once again when 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 exclusively transmitted for etoro us club members our webinars let members straight connect with our guests utilizing 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 special access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invites to irl yes real life etoro events be sure to take a look at the description for any promotional deals and for more information about our fantastic visitors i’ll see you in etoro us’s club Dogecoin In Etoro.