Education understanding…Etoro Crypto Stop Loss… and again going back to a financial investment thesis truthfully and stating i’m not going to purchase anything just because 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 find out what it is and find out where it suitables for me um i you understand naturally have to do a whole lot of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a new one being listed on some exchange and i’m and i go i have actually never ever 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 become aware of that however i have it and in some way it gets noted and there are most likely lots of other individuals saying the exact same things about cryptos that i know a lot about due to the fact that 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 take a look at it is one there are a couple of methods one is i try to educate myself as much as possible and then have a concept of what i like to discover and like to purchase what do i like to invest in do i like to purchase 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 just just simply you understand pumps like pump schemes or something i know a lot of people made money on shiba inu i understand a great deal of individuals earned money on dogecoin that’s terrific 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 must or they should not because there are a lot of individuals that have succeeded i select not to do that a person because they’re they trade remember 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 because what will happen is i’ll never ever sleep again and again from an emotional standpoint i don’t want that i i attempt to discover quite a bit about the ones that i have an interest in or discover you know learn why i might be interested why they might have value and truthfully guy it just takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are truly versus it saying saying i don’t 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 a lot 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 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 operate efficiently so it so if we feel and and look this this enters into a little bit of an opinion i’m a big defy guy i love decentralized finance and part of the reason is due to the fact that i’ve remained in financing for so long and i understand where the inefficiencies are and i understand if we can take some of those inadequacies 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 effective without the currency that runs the network you can’t have the blockchain technology be truly effective running on dollars running 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 limited amount of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to once again in my viewpoint start to begin to engulf the conventional monetary system and i do not indicate that whatever else is going to disappear i suggest my sensation is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin incorporating together and that’s where you’re going to see a great deal of this value so there’s a lot cash in the standard finance 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 simply going to be called the financial system because 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 invest in here’s what i don’t this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members directly communicate with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of benefits such as an etoro swag bag exclusive access to our regular 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 unique invitations to irl yes real life etoro occasions make sure to check out the description for any marketing offers and for more information about our amazing visitors i’ll see you in etoro us’s club Etoro Crypto Stop Loss.