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Education understanding…Etoro Down… and again returning to an investment thesis honestly and saying i’m not going to buy anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and discover what it is and learn where it suitables for me um i you know obviously need to do a lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a new one being noted on some exchange and i’m and i go i have actually never ever even i can’t believe i have actually never become aware of that i get a big ego and i’m like how could i not have actually heard of that but i have it and in some way it gets listed and there are most likely lots of other people saying the exact same things about cryptos that i know a lot about due to the fact that i i tend to take a look at a great deal of defy things i tend to look a lot of those tokens so the the way i look at it is one there are a few ways one is i attempt to educate myself as much as possible and after that have an idea of what i like to learn more about and like to buy 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 comprehending those i do not like to buy some that are just just purely you understand pumps like pump schemes or something i know a lot of people made money on shiba inu i understand a lot of individuals earned money on dogecoin that’s excellent to hear i do not want 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 people that have done well i pick not to do that a person due to the fact that 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 wake up and i’m down here since what will take place is i’ll never sleep again and again from an emotional standpoint i don’t want that i i try to discover a fair 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 honestly man it simply takes a lot of education the other thing i’ll say about that real rapidly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are really against it stating saying i do not 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 specific 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 all right if eth is the currency of the ethereum network so there’s a whole network there and it has to have his own it it needs to have its own currency to work effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the factor is since i’ve been in financing for so long and i understand where the inefficiencies are and i understand if we can take some of those ineffectiveness out of the system and we can utilize 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 technology be really effective 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 quite truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal 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 opinion start to begin to swallow up the standard monetary system and i don’t mean that whatever else is going to disappear i mean my feeling is banks and the crypto that the procedures and everything are going to begin collaborating they’re going to start incorporating together which’s where you’re visiting a great deal of this value so there’s a lot money in the standard financing system that’s going to make its method into what we currently call the crypto system or the

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Defi system and ultimately it’s just going to be called the monetary system because it’s simply a it’s essentially a database in a network you get educated and again once 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 exclusively broadcast for etoro us club members our webinars let members directly interact with our visitors utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a membership of the wall street journal delta pro and exclusive invitations to irl yes real life etoro events make sure to check out the description for any marketing offers and to get more information about our incredible guests i’ll see you in etoro us’s club Etoro Down.