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Education understanding…Etoro Calculator… and again going back to an investment thesis honestly and saying i’m not going to purchase 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 discover what it is and learn where it fits for me um i you know naturally have to do a great deal of research i can’t stay up to date with most likely 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 have actually never even i can’t think i have actually never heard of that i get a huge ego and i resemble how might i not have actually become aware of that however i have it and somehow it gets listed and there are probably tons of other individuals stating the exact same aspects of cryptos that i know a lot about since i i tend to take a look at a lot of defy stuff i tend to look a lot of those tokens so the the way i take a 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 an idea of what i like to learn about and like to invest in what do i like to invest in 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 simply purely you understand pumps like pump plans or something i know a great deal of individuals made money on shiba inu i know a lot of individuals generated income on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anybody they ought to or they should not because there are a lot of people that have done well i select not to do that one since they’re they trade remember 24 7 365.

 

 

i don’t wish to go to sleep one night and i’m up here and get up and i’m down here since what will happen is i’ll never ever sleep again and again from a psychological perspective i don’t desire that i i try to learn a fair bit about the ones that i’m interested in or discover you know find out why i might be interested why they may have value and truthfully man it just takes a lot of education the other thing i’ll say about that real rapidly is you hear a lot of individuals who do not comprehend a lot about crypto or or are actually against it saying saying 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 much 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 alright 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 requires to have its own currency to operate effectively so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy person i love decentralized finance and part of the reason is since i have actually been in finance for so long and i understand where the ineffectiveness are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain innovation to do it that would be terrific the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be truly efficient running on dollars operating 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 quite reality to the assertion that due to the fact that 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 start to swallow up the traditional monetary system and i do not suggest that everything else is going to go away i suggest my feeling is banks and the crypto that the procedures and everything are going to begin interacting they’re going to begin integrating together and that’s where you’re going to see a great deal of this worth so there’s a lot cash in the conventional 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 just going to be called the monetary system due to the fact that it’s simply a it’s basically a database in a network you get informed and again as soon as you get educated have an investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members straight interact with our guests using a q a and anybody or you can join etoro club and u.s club members get a bunch of benefits such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invites to irl yes real life etoro occasions make sure to take a look at the description for any marketing deals and to get more information about our fantastic visitors i’ll see you in etoro us’s club Etoro Calculator.