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Education understanding…Etoro Guru… and again returning to a financial investment thesis honestly and stating i’m not going to buy anything just because i saw some dude 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 fits for me um i you understand naturally need to do a great deal of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being noted on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never heard of that i get a big ego and i’m like how could i not have heard of that but i have it and in some way it gets listed and there are most likely tons of other individuals saying the same things about cryptos that i understand a lot about due to the fact that i i tend to look at a lot of defy things i tend to look a great deal of those tokens so the the way i look at it is one there are a couple of methods one is i attempt to inform myself as much as possible and then have an idea of what i like to learn about and like to purchase what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to purchase some that are simply just purely you understand pumps like pump schemes or something i understand a great deal of people made money on shiba inu i understand a lot of people generated income on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anyone they ought to or they shouldn’t because there are a great deal of people that have actually succeeded i choose not to do that one due to the fact that 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 ever sleep again and again from an emotional standpoint i don’t want that i i attempt to learn a fair bit about the ones that i have an interest in or discover you know find out why i might be interested why they might have value and truthfully man it just takes a great deal of education the other thing i’ll state about that genuine quickly is you hear a great deal of people who don’t understand a lot about crypto or or are truly 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 number of them can exist on their own a number of them are a currency that is for a particular network so bitcoin for instance is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states economic network alright 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 requires to have its own currency to work efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy person i love decentralized financing and part of the reason is since i have actually remained in finance for so long and i know where the inadequacies are and i know if we can take a few 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 technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually efficient working 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 fact to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited quantity of dollars that’s going to go 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 standard monetary system and i don’t mean that everything else is going to go away i suggest my feeling is banks and the crypto that the protocols and whatever are going to start working together they’re going to begin incorporating together and that’s where you’re going to see a lot of this worth so there’s a lot cash in the traditional 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 eventually it’s just going to be called the monetary system due to the fact that it’s simply a it’s basically a database in a network you get educated and again once you get educated have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar solely relayed for etoro us club members our webinars let members directly engage with our visitors utilizing a q a and any person or you can sign up with etoro club and u.s club members get a bunch of advantages 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 greater tiers you can also get things like a membership of the wall street journal delta pro and unique invitations to irl yes reality etoro events make sure to have a look at the description for any promotional offers and for more information about our incredible visitors i’ll see you in etoro us’s club Etoro Guru.