Education understanding…Etoro Free Account… and again going back to an investment thesis honestly and saying i’m not going to invest in 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 study and learn what it is and learn where it suitables for me um i you know naturally need 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 each week i see a brand-new one being listed on some exchange and i’m and i go i have actually never even i can’t believe i’ve never become aware of that i get a huge ego and i’m like how might i not have actually heard of that but i have it and somehow it gets noted and there are probably tons of other individuals stating the same features of cryptos that i know a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a lot of those tokens so the the way i look at it is one there are a couple of methods one is i try to inform myself as much as possible and then have an idea of what i like to find out about and like to invest in what do i like to invest in do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so understanding those i don’t like to purchase some that are just just purely you understand pumps like pump plans or something i understand a lot of people generated income on shiba inu i understand a lot of people made money on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they should or they shouldn’t because there are a great deal of individuals that have succeeded i pick not to do that a person since they’re they trade remember 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 due to the fact that what will happen is i’ll never sleep again and again from a psychological perspective i do not want that i i attempt to find out quite a bit about the ones that i have an interest in or discover you understand 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 say about that real quickly is you hear a lot of people who don’t understand a lot about crypto or or are actually versus it stating saying i do not understand how there can be all these cryptocurrencies among them has 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 economic network all right 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 work efficiently so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy man i love decentralized financing and part of the factor is due to the fact that i’ve been in finance for so long and i understand where the inadequacies are and i know if we can take a few of those ineffectiveness out of the system and we can use blockchain technology to do it that would be great the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be actually efficient working on dollars working 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 quite truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to again in my opinion start to start to engulf the traditional financial system and i do not mean that whatever else is going to go away i mean my sensation is banks and the crypto that the protocols and everything 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 so much cash in the standard financing system that’s going to make its method into what we presently call the crypto system or the
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Defi system and eventually it’s simply going to be called the financial system since it’s simply a it’s essentially a database in a network you get informed and once again once you get educated 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 solely transmitted for etoro us club members our webinars let members directly communicate with our guests using a q a and anyone or you can join etoro club and u.s club members get a lot of advantages such as an etoro boodle bag exclusive access to our month-to-month webinars quarterly market reports and a devoted account manager if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and unique invites to irl yes reality etoro occasions be sure to have a look at the description for any marketing deals and for more information about our incredible guests i’ll see you in etoro us’s club Etoro Free Account.