Education understanding…Etoro Es Mercado… and again going back to an investment thesis truthfully and saying i’m not going to purchase anything even if 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 discover what it is and find out where it suitables for me um i you know naturally need to do a lot of research i can’t keep up with probably 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 even i can’t think i’ve never heard of that i get a big ego and i resemble how might i not have become aware of that but i have it and somehow it gets noted and there are most likely lots of other people stating the exact same features of cryptos that i know a lot about since i i tend to take a look at a lot of defy things i tend to look a great deal of those tokens so the the method i look at it is one there are a couple of ways one is i attempt to inform myself as much as possible and then have an idea of what i like to discover and like to buy what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to invest in some that are just just simply you know pumps like pump plans or something i understand a great deal of individuals made money on shiba inu i know a lot of people made money on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a great deal of people that have actually succeeded i pick not to do that a person since they’re they trade keep in mind 24 7 365.
i don’t want to go to sleep one night and i’m up here and get up and i’m down here because what will happen is i’ll never sleep again and again from a psychological viewpoint i don’t desire that i i attempt to discover a fair bit about the ones that i’m interested in or learn you know discover why i might be interested why they might have worth and honestly male it just takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are truly versus it stating stating i don’t comprehend 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 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 alright if eth is the currency of the ethereum network so there’s an entire network there and it needs 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 huge defy man i love decentralized finance and part of the reason is because i have actually been in financing for so long and i understand where the inadequacies are and i know if we can take some of those ineffectiveness out of the system and we can utilize blockchain innovation to do it that would be fantastic the important things is the blockchain innovation is not effective 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 need to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a restricted 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 traditional financial system and i do not suggest that everything else is going to go away i suggest my feeling is banks and the crypto that the procedures and whatever are going to begin working together they’re going to start integrating together which’s where you’re going to see a good deal of this worth so there’s so much money in the conventional 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 eventually 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 informed and once again once you get informed have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly interact with our visitors using a q a and any person or you can join etoro club and u.s club members get a bunch of advantages such as an etoro swag bag unique access to our month-to-month 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 exclusive invites to irl yes reality etoro events be sure to check out the description for any marketing offers and to get more information about our incredible visitors i’ll see you in etoro us’s club Etoro Es Mercado.