Education understanding…Etoro Automatic Trading… and once again returning to a financial investment thesis honestly and stating i’m not going to invest in anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and find out what it is and learn where it fits for me um i you understand naturally have to do a great deal of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh each week i see a new one being listed on some exchange and i’m and i go i’ve never even i can’t think i have actually never heard of that i get a huge ego and i’m like how could i not have actually become aware of that however i have it and in some way it gets listed and there are most likely lots of other individuals saying the exact same features of cryptos that i understand a lot about because i i tend to look at a lot of defy things i tend to look a lot of those tokens so the the method i look at it is one there are a couple of ways one is i attempt to educate myself as much as possible and after that have a concept of what i like to learn about and like to purchase what do i like to invest in 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 simply simply simply you know pumps like pump schemes or something i understand a lot of individuals generated income on shiba inu i understand a great deal of individuals earned money on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a lot of people that have actually succeeded i pick not to do that one due to the fact that they’re they trade keep in mind 24 7 365.
i don’t want 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 happen is i’ll never sleep again and again from an emotional standpoint i don’t want that i i attempt to find out a fair bit about the ones that i have an interest in or learn you know discover why i might be interested why they might have value 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 individuals who don’t comprehend a lot about crypto or or are actually versus it saying stating i don’t comprehend 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 many 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 fine 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 work efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy man i love decentralized financing and part of the reason is due to the fact that i’ve remained in financing for so long and i know where the inadequacies are and i know if we can take some of those inadequacies out of the system and we can use blockchain innovation to do it that would be excellent the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be really effective working on dollars operating on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much fact to the assertion that since there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter 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 start to engulf the conventional monetary system and i don’t imply that everything else is going to disappear i suggest my sensation is banks and the crypto that the protocols and everything are going to begin interacting they’re going to begin incorporating together which’s where you’re visiting 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 just going to be called the financial system since it’s just a it’s basically a database in a network you get informed and once again once you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly communicate with our visitors using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro swag bag unique access to our monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes real life etoro occasions make sure to have a look at the description for any marketing offers and for more information about our amazing guests i’ll see you in etoro us’s club Etoro Automatic Trading.