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Education understanding…Etoro Fibbonacci… and once again returning to a financial investment thesis truthfully and saying i’m not going to invest in 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 study and find out what it is and find out where it fits for me um i you know naturally need to do a whole lot of research study i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week i see a new one being noted on some exchange and i’m and i go i’ve never ever even i can’t think i have actually never ever heard of that i get a big ego and i’m like how might i not have become aware of that however i have it and in some way it gets listed and there are most likely tons of other individuals stating the very same features of cryptos that i know a lot about since i i tend to 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 few ways one is i attempt to inform myself as much as possible and after that have a concept of what i like to learn more about and like to buy what do i like to buy do i like to invest in the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to purchase some that are just simply simply you know pumps like pump schemes or something i understand a great deal 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 want to do that that that’s not me i select not to and i’m not telling anyone they ought to or they should not because there are a great deal of individuals that have actually done well i pick not to do that one since they’re they trade keep in mind 24 7 365.

 

 

i do not want to go to bed one night and i’m up here and wake up and i’m down here because what will take place is i’ll never sleep again and again from a psychological viewpoint i don’t desire that i i try to learn quite a bit about the ones that i have an interest in or discover you understand find out why i might be interested why they may have value and truthfully man it simply takes a lot of education the other thing i’ll say about that genuine quickly is you hear a great deal of people who don’t comprehend a lot about crypto or or are truly versus it saying stating i don’t comprehend how there can be all these cryptocurrencies one of them has to win however that’s that’s not the case they are all they they can or many 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 okay 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 an opinion i’m a huge defy man i love decentralized financing and part of the reason is because i have actually been in finance for so long and i know where the inefficiencies are and i understand if we can take some of those inadequacies out of the system and we can utilize blockchain technology to do it that would be fantastic the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be really 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 effective so there is to me not very much truth to the assertion that because there’s all these cryptocurrencies there’s a limited quantity of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to begin to swallow up the traditional financial system and i do not imply that whatever else is going to disappear i indicate my feeling is banks and the crypto that the procedures and everything are going to begin working together they’re going to start incorporating together which’s where you’re visiting a lot of this value so there’s so much cash in the conventional finance 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 simply going to be called the financial system because it’s simply a it’s basically a database in a network you get educated and again once you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly interact with our guests utilizing a q a and anybody or you can join etoro club and u.s club members get a bunch of perks such as an etoro boodle 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 be sure to have a look at the description for any advertising offers and for more information about our remarkable guests i’ll see you in etoro us’s club Etoro Fibbonacci.