Education understanding…Etoro Bitcoin Price… and again going back to an investment thesis truthfully and stating i’m not going to invest in anything just because 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 find out what it is and learn where it fits for me um i you know naturally have to do a whole 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’ve never even i can’t believe i’ve never ever heard of that i get a big ego and i resemble how might i not have actually become aware of that but i have it and in some way it gets listed and there are most likely lots of other individuals stating the exact same features of cryptos that i know a lot about because 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 take a look at it is one there are a few ways one is i attempt to educate myself as much as possible and then have an idea of what i like to learn about and like to purchase 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 do not like to purchase some that are just just simply you understand pumps like pump plans or something i know a great deal of individuals earned money 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 select not to and i’m not telling anyone they must or they shouldn’t because there are a lot of people that have succeeded i pick not to do that a person due to the fact that they’re they trade remember 24 7 365.
i don’t wish to go to bed one night and i’m up here and wake up and i’m down here since what will occur is i’ll never sleep again and again from an emotional viewpoint i do not desire that i i attempt to learn quite a bit about the ones that i’m interested in or discover you understand learn why i might be interested why they may have value and honestly man it simply takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who do not comprehend a lot about crypto or or are really against it saying stating i do not understand how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or much of them can exist on their own much of them are a currency that is for a particular 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 economic network all right 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 efficiently so it so if we feel and and look this this enters into a bit of an opinion i’m a huge defy person i love decentralized finance and part of the reason is since i’ve remained in financing for so long and i understand where the ineffectiveness 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 fantastic the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be really efficient operating on dollars running 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 limited quantity of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to again in my opinion start to begin to swallow up the conventional financial system and i do not mean that whatever else is going to disappear i suggest my feeling is banks and the crypto that the procedures and everything are going to start working together they’re going to start integrating together which’s where you’re going to see a lot of this value so there’s so much money in the traditional financing system that’s going to make its way into what we currently call the crypto system or the
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Defi system and ultimately it’s just going to be called the financial system because it’s just a it’s basically a database in a network you get informed and once again when 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 broadcast for etoro us club members our webinars let members directly connect with our guests 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 special 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 special invitations to irl yes real life etoro occasions be sure to check out the description for any promotional deals and to read more about our remarkable visitors i’ll see you in etoro us’s club Etoro Bitcoin Price.