Education understanding…Etoro Commissions Spread On Cryptocurrency Assets… and again returning to a financial investment thesis truthfully and stating i’m not going to purchase anything just because i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn what it is and find out where it suitables for me um i you understand obviously need to do a great deal 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 each 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 become aware of that i get a huge ego and i resemble how might i not have actually heard of that however i have it and somehow it gets listed and there are probably lots of other people stating the same aspects of cryptos that i know a lot about since i i tend to look at a lot of defy things 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 methods 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 purchase do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i don’t like to invest in some that are simply just purely you know pumps like pump schemes or something i know a lot of individuals earned money on shiba inu i understand a lot of people generated income on dogecoin that’s fantastic to hear i don’t wish to do that that that’s not me i pick not to and i’m not telling anyone they must or they shouldn’t because there are a lot of individuals that have actually done well i select not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t want to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will occur is i’ll never ever sleep again and again from a psychological viewpoint i don’t want that i i attempt to discover quite a bit about the ones that i’m interested in or learn you know learn why i might be interested why they might have value and truthfully man it simply takes a great deal of education the other thing i’ll state about that real rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are actually against it stating saying i don’t understand 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 example is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states financial 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 requires to have its own currency to work efficiently so it so if we feel and and look this this gets into a bit of a viewpoint i’m a big defy man i love decentralized finance and part of the reason is because i’ve remained in finance for so long and i know where the inefficiencies are and i know if we can take some of those ineffectiveness out of the system and we can use blockchain technology to do it that would be fantastic the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be actually efficient 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 reality to the assertion that because there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter into them so i got to figure out which one’s going to be the winner it is going to once again in my viewpoint start to start to swallow up the conventional financial system and i don’t indicate that everything else is going to go away i indicate my sensation is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to begin integrating together which’s where you’re going to see a great deal of this value so there’s a lot cash in the traditional 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 simply going to be called the monetary system since it’s simply a it’s essentially a database in a network you get educated and once again as soon as you get educated have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar solely transmitted for etoro us club members our webinars let members straight engage with our visitors 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 boodle bag special access to our month-to-month webinars quarterly market reports and a dedicated account manager 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 events make certain to check out the description for any promotional offers and to find out more about our amazing guests i’ll see you in etoro us’s club Etoro Commissions Spread On Cryptocurrency Assets.