Education understanding…Etoro Auf Hardware Wallet… and 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 somebody pumping it on twitter i’m going to do my research study and find out what it is and learn where it fits for me um i you understand of course have to do a 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 brand-new one being listed on some exchange and i’m and i go i have actually never even i can’t think i have actually never become aware of that i get a huge ego and i’m like how might i not have actually become aware of that however i have it and in some way it gets noted and there are most likely tons of other individuals saying the same aspects of cryptos that i understand a lot about since i i tend to look at a lot 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 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 purchase what do i like to invest in 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 invest in some that are simply simply simply you understand pumps like pump plans or something i understand a lot of people generated income on shiba inu i understand a lot of people earned money on dogecoin that’s great to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they need to or they shouldn’t because there are a lot of people that have actually done well i select not to do that a person because they’re they trade remember 24 7 365.
i don’t wish to go to sleep one night and i’m up here and awaken and i’m down here since what will happen is i’ll never sleep again and again from a psychological standpoint i do not want that i i try to discover a fair bit about the ones that i’m interested in or discover you understand learn why i might be interested why they may have worth and honestly guy it just takes a lot of education the other thing i’ll say about that real quickly is you hear a lot of people who don’t understand a lot about crypto or or are really versus it stating saying 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 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 economic network okay if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it needs to have its own currency to operate efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the factor is because i have actually been in finance for so long and i understand where the inadequacies are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be excellent the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be really effective working 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 truth to the assertion that since there’s all these cryptocurrencies there’s a limited 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 viewpoint start to begin to engulf the conventional financial system and i don’t mean that whatever else is going to disappear i imply my feeling is banks and the crypto that the protocols and whatever are going to begin working together they’re going to start incorporating together which’s where you’re visiting a lot of this worth so there’s so much cash in the standard finance 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 eventually it’s simply going to be called the financial system because it’s simply a it’s basically a database in a network you get educated and once again when you get informed have a financial investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members directly interact with our visitors using a q a and any person or you can sign up with etoro club and u.s club members get a bunch of advantages such as an etoro boodle bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and special invitations to irl yes real life etoro events be sure to check out the description for any advertising deals and to get more information about our amazing guests i’ll see you in etoro us’s club Etoro Auf Hardware Wallet.