Education understanding…Etoro H√§Vst√•Ng… and again going back to an investment thesis honestly and stating i’m not going to invest in anything just because 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 find out what it is and find out where it suitables for me um i you understand naturally need to do a whole 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’ve never even i can’t believe i’ve never ever become aware of that i get a huge ego and i’m like how might i not have actually become aware of that however i have it and in some way it gets noted and there are probably tons of other people stating the exact same features of cryptos that i know a lot about since i i tend to look at a lot of defy stuff i tend to look a lot of those tokens so the the method i take a look at it is one there are a few methods one is i attempt to educate myself as much as possible and then have a concept of what i like to learn about and like to purchase what do i like to invest in do i like to invest in the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to invest in some that are just simply simply you know pumps like pump plans or something i understand a great deal of people generated income on shiba inu i know a great deal of people earned money on dogecoin that’s great to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anyone they must or they shouldn’t because there are a great deal of people that have done well i select not to do that one since they’re they trade keep in mind 24 7 365.
i do not wish to go to sleep one night and i’m up here and get up and i’m down here since what will occur is i’ll never sleep again and again from a psychological perspective i do not want that i i attempt to learn a fair bit about the ones that i have an interest in or discover you understand learn why i might be interested why they may have worth and truthfully male it simply takes a lot of education the other thing i’ll state about that real rapidly is you hear a lot of individuals who do not understand a lot about crypto or or are really versus it stating stating i do not comprehend 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 much of them can exist on their own much of them are a currency that is for a particular 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 needs 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 enters into a little bit of an opinion i’m a big defy person i love decentralized financing and part of the factor is due to the fact that i’ve remained in finance for so long and i understand where the inefficiencies 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 fantastic the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be actually effective running on dollars working 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 very much reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal quantity 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 engulf the standard monetary system and i don’t suggest that everything else is going to go away i indicate my feeling is banks and the crypto that the protocols and everything are going to start interacting they’re going to begin integrating together which’s where you’re going to see a lot of this worth so there’s so much cash in the conventional finance system that’s going to make its way 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 just a it’s basically a database in a network you get informed and again as soon as 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 solely relayed for etoro us club members our webinars let members directly communicate with our guests utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and exclusive invites to irl yes real life etoro events make certain to check out the description for any promotional offers and to get more information about our incredible visitors i’ll see you in etoro us’s club Etoro H√§Vst√•Ng.