Education understanding…Etoro Internet Cyp… and once again returning to an investment thesis truthfully and stating i’m not going to purchase 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 study and learn what it is and find out where it suitables for me um i you know obviously have to do a lot of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly 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 have actually never heard of that i get a big ego and i’m like how could i not have heard of that however i have it and in some way it gets listed and there are most likely tons of other individuals stating the same aspects 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 great deal of those tokens so the the way i take a look at it is one there are a couple of methods one is i attempt to educate myself as much as possible and after that have an idea of what i like to find out about and like to purchase 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 comprehending those i don’t like to buy some that are simply simply purely you understand pumps like pump schemes or something i know a great deal of people made money on shiba inu i know a great deal of individuals generated income on dogecoin that’s terrific 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 ought to or they shouldn’t because there are a great deal of individuals that have actually succeeded i choose not to do that a person since they’re they trade remember 24 7 365.
i don’t want to go to bed one night and i’m up here and get up and i’m down here since what will happen is i’ll never ever sleep again and again from a psychological standpoint i do not want that i i try to discover a fair bit about the ones that i’m interested in or learn you understand find out why i might be interested why they might have value and truthfully guy it simply takes a lot of education the other thing i’ll say about that real quickly is you hear a great deal of people who do not understand a lot about crypto or or are actually versus it stating stating i do not comprehend how there can be all these cryptocurrencies among them has to win but that’s that’s not the case they are all they they can or much of them can exist on their own a number 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 economic network alright 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 work efficiently so it so if we feel and and look this this enters a little bit of a viewpoint i’m a big defy man i love decentralized financing and part of the reason is because i’ve remained in financing for so long and i know where the inefficiencies are and i understand if we can take some of those ineffectiveness 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 actually efficient operating on dollars running 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 quite reality to the assertion that since there’s all these cryptocurrencies there’s a restricted 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 engulf the standard monetary system and i do not suggest that whatever else is going to go away i indicate my sensation is banks and the crypto that the protocols and whatever are going to start interacting they’re going to start incorporating together and that’s where you’re visiting a good deal of this worth so there’s so much money 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 just going to be called the financial system because it’s simply a it’s basically a database in a network you get informed and once again once you get informed 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 specifically transmitted for etoro us club members our webinars let members straight engage with our visitors utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can likewise get things like a membership of the wall street journal delta pro and exclusive invites to irl yes reality etoro events be sure to have a look at the description for any marketing offers and to get more information about our incredible guests i’ll see you in etoro us’s club Etoro Internet Cyp.