Education understanding…Etoro Key Shortcuts… and again going back to a financial investment thesis honestly and saying i’m not going to invest in 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 study and discover what it is and find out where it fits for me um i you understand of course need to do a whole lot of research i can’t stay up to date with most likely 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 have actually never even i can’t think i have actually never ever heard of that i get a big ego and i’m like how might i not have heard of that but i have it and in some way it gets listed and there are probably tons of other people saying the same features of cryptos that i know a lot about since i i tend to take a look at a great deal 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 ways one is i attempt to inform myself as much as possible and after that have a concept of what i like to learn more about and like to buy what do i like to buy do i like to purchase the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to invest in some that are just simply purely you understand pumps like pump schemes or something i understand a great deal of individuals earned money on shiba inu i know a lot of individuals made money on dogecoin that’s great to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they should or they shouldn’t because there are a great deal of people that have actually done well i select 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 get up and i’m down here because what will take place is i’ll never ever sleep again and again from an emotional viewpoint i do not want that i i try to discover quite a bit about the ones that i have an interest in or learn you know learn why i might be interested why they may have value and honestly guy it simply takes a lot of education the other thing i’ll say about that genuine rapidly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are really versus it stating saying i do not comprehend how there can be all these cryptocurrencies among them needs to win but 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 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 a whole network there and it has to have his own it it requires to have its own currency to operate effectively so it so if we feel and and look this this enters a bit of an opinion i’m a huge defy guy i love decentralized finance and part of the reason is because i have actually been in finance for so long and i know where the inadequacies are and i know if we can take a few of those ineffectiveness out of the system and we can utilize blockchain innovation to do it that would be excellent the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be truly effective working on dollars running on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient 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 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 once again in my viewpoint start to begin to engulf the traditional monetary system and i do not imply that everything else is going to go away i indicate my feeling is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to start integrating together and that’s where you’re going to see a lot of this worth so there’s a lot cash in the standard 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 financial system because it’s simply a it’s basically a database in a network you get informed and once again as soon as you get educated have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar specifically relayed for etoro us club members our webinars let members straight engage with our guests utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of benefits such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes real life etoro occasions make 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 Key Shortcuts.