Education understanding…Etoro Crypto Copy Portfolio… and once again going back to a financial investment thesis truthfully and saying i’m not going to purchase anything even if i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and discover what it is and discover where it fits for me um i you understand naturally have to do a lot of research 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 listed on some exchange and i’m and i go i have actually never even i can’t believe i have actually never become aware of that i get a huge ego and i resemble how might i not have actually heard of that but i have it and somehow it gets listed and there are probably tons of other people stating the same aspects of cryptos that i understand a lot about since i i tend to look at a great deal of defy stuff i tend to look a lot 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 a concept 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 capital or liquidity procedure or something like that so understanding those i do not like to invest in some that are just just simply you understand pumps like pump schemes or something i know a lot of people generated income on shiba inu i understand a lot of individuals made money on dogecoin that’s great to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anybody they should or they should not because there are a lot of people that have succeeded i choose not to do that one because they’re they trade keep in mind 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 due to the fact that what will happen is i’ll never sleep again and again from a psychological standpoint i don’t desire that i i try to discover a fair bit about the ones that i have an interest in or learn you know discover why i might be interested why they may have value and truthfully male it simply takes a lot 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 versus it saying stating i do not understand 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 a lot of them can exist on their own a number 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 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 effectively so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy guy i love decentralized finance and part of the factor is due to the fact that i’ve remained in financing for so long and i understand where the inadequacies are and i know if we can take a few of those inefficiencies out of the system and we can use blockchain technology to do it that would be fantastic the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually effective 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 very much reality to the assertion that since there’s all these cryptocurrencies there’s a restricted quantity 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 again in my viewpoint start to begin to swallow up the standard financial system and i don’t imply that everything else is going to disappear i indicate my sensation is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to begin incorporating together and that’s where you’re going to see a good deal of this worth so there’s a lot cash in the traditional 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 ultimately it’s simply 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 educated and again when you get informed have a financial investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar solely broadcast for etoro us club members our webinars let members directly communicate with our visitors 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 swag bag unique access to our monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and exclusive invites to irl yes real life etoro events make certain to check out the description for any promotional deals and to find out more about our incredible visitors i’ll see you in etoro us’s club Etoro Crypto Copy Portfolio.