Education understanding…Etoro Crytpocrurency Ownership… and again going back to a financial investment thesis honestly and stating i’m not going to buy anything even if i saw some man 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 suitables for me um i you understand naturally have to do a lot of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being listed on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never ever heard of that i get a big ego and i resemble how might i not have actually heard of that but i have it and in some way it gets noted and there are most likely tons of other people stating the very same features of cryptos that i understand a lot about due to the fact that i i tend to look at a great deal of defy things 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 couple of methods one is i attempt to educate myself as much as possible and then have a concept of what i like to learn more about and like to purchase what do i like to purchase do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to invest in some that are simply simply purely you understand pumps like pump schemes or something i know a lot of individuals earned money on shiba inu i understand a great deal of people earned money on dogecoin that’s fantastic to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they need to or they should not because there are a great deal of individuals that have succeeded i select not to do that one since they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and awaken and i’m down here due to the fact that what will occur is i’ll never ever sleep again and again from an emotional perspective i don’t desire that i i try to discover quite a bit about the ones that i have an interest in or discover you know discover why i might be interested why they might have value and truthfully male it just takes a lot of education the other thing i’ll say about that genuine rapidly is you hear a great deal of people who don’t understand a lot about crypto or or are actually against it saying stating 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 many 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 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 gets into a little bit of an opinion i’m a big defy person i love decentralized finance and part of the factor is since i’ve been in financing for so long and i know where the ineffectiveness 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 excellent the thing is the blockchain innovation 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 need to have the cryptocurrency the currency of the network to make it efficient so there is to me not quite truth to the assertion that because there’s all these cryptocurrencies there’s a minimal quantity of dollars that’s going to go 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 engulf the standard monetary system and i don’t imply that whatever else is going to go away i imply my sensation is banks and the crypto that the procedures and whatever are going to begin working together they’re going to start integrating together and that’s where you’re visiting a good deal of this value so there’s a lot 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 eventually it’s just going to be called the financial system because it’s just a it’s essentially 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 specifically transmitted for etoro us club members our webinars let members directly connect with our guests utilizing a q a and any person 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 also get things like a subscription of the wall street journal delta pro and unique invites to irl yes real life etoro occasions make certain to check out the description for any marketing offers and to find out more about our amazing guests i’ll see you in etoro us’s club Etoro Crytpocrurency Ownership.