Education understanding…Etoro Hacks… and once again going back to a financial investment thesis honestly and stating i’m not going to purchase anything even if i saw some guy 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 discover where it suitables for me um i you know of course need to do a great deal of research i can’t keep up with most likely 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 think i’ve never become aware of that i get a huge ego and i’m like how might i not have heard of that but i have it and somehow it gets listed and there are probably lots of other people stating the same things about cryptos that i know 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 method i look at it is one there are a couple of methods one is i attempt to inform myself as much as possible and after that have an idea of what i like to learn more about and like to invest in what do i like to purchase do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to buy some that are just simply simply you know pumps like pump plans or something i know a lot of individuals generated income on shiba inu i understand a lot 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 must or they should not because there are a lot of individuals that have actually succeeded i choose not to do that one because they’re they trade remember 24 7 365.
i don’t wish to go to bed one night and i’m up here and awaken and i’m down here since what will take place is i’ll never ever sleep again and again from a psychological viewpoint i do not desire that i i try to learn quite a bit about the ones that i’m interested in or learn you understand learn why i might be interested why they might have worth and honestly male 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 do not understand a lot about crypto or or are truly against it stating saying 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 a lot of them can exist on their own many of them are a currency that is for a specific 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 all right 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 requires 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 huge defy guy i love decentralized financing and part of the reason is due to the fact that i have actually remained in financing for so long and i know where the ineffectiveness are and i know if we can take some of those inadequacies out of the system and we can use blockchain technology to do it that would be great 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 really efficient working on dollars running 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 figure out which one’s going to be the winner it is going to again in my opinion start to begin to swallow up the conventional financial system and i do not imply that everything else is going to disappear i indicate my feeling is banks and the crypto that the protocols and whatever are going to start working together they’re going to begin integrating together which’s where you’re going to see a great deal of this value so there’s a lot money in the traditional finance 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 monetary system because it’s just a it’s basically a database in a network you get educated and once again when 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 engage with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro swag bag special access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes real life etoro occasions be sure to take a look at the description for any marketing deals and to find out more about our incredible guests i’ll see you in etoro us’s club Etoro Hacks.