Education understanding…Etoro Aum… and again going back to a financial investment thesis truthfully and saying i’m not going to buy anything even if i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and learn what it is and discover where it suitables for me um i you understand naturally have to do a lot of research study i can’t stay up to date with most likely 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 think i have actually never ever heard 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 somehow it gets listed and there are probably lots of other people saying the exact same things about cryptos that i understand a lot about since i i tend to take a look at a great deal of defy stuff i tend to look a great deal of those tokens so the the way i take a look at it is one there are a couple of ways one is i try to inform myself as much as possible and then have a concept of what i like to learn more about and like to invest in what do i like to buy do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so understanding those i don’t like to invest in some that are just simply simply you know pumps like pump plans or something i know a lot of individuals earned money on shiba inu i understand a great deal of individuals generated income on dogecoin that’s terrific 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 should or they shouldn’t because there are a lot of people that have done well i choose not to do that one since they’re they trade remember 24 7 365.
i do not wish to go to bed one night and i’m up here and awaken and i’m down here because what will occur is i’ll never ever sleep again and again from a psychological perspective i don’t desire that i i attempt to find out quite a bit about the ones that i’m interested in or learn you understand learn why i might be interested why they may have value and honestly man it just takes a lot of education the other thing i’ll state about that real quickly is you hear a great deal of people who don’t understand a lot about crypto or or are truly versus it stating stating i don’t comprehend how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or much of them can exist on their own a number of them are a currency that is for a specific 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 financial 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 efficiently so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy man i love decentralized finance and part of the reason is since i’ve been in financing for so long and i understand where the inadequacies are and i understand 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 innovation is not effective without the currency that runs the network you can’t have the blockchain technology be actually efficient operating on dollars operating 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 truth to the assertion that because 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 opinion start to begin to swallow up the standard monetary system and i don’t mean that everything else is going to go away i indicate my feeling is banks and the crypto that the procedures and everything are going to begin working together they’re going to begin incorporating together and that’s where you’re visiting a lot of this worth so there’s a lot money in the standard 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 eventually it’s just 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 again when you get informed have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members directly interact with our guests utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a lot of benefits such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes reality etoro occasions make certain to take a look at the description for any marketing offers and to learn more about our remarkable visitors i’ll see you in etoro us’s club Etoro Aum.