Education understanding…Etoro Knowledge Assessment… and again returning to a financial investment thesis truthfully and stating i’m not going to buy anything even if 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 learn what it is and learn where it suitables for me um i you understand naturally need to do a great deal 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 listed on some exchange and i’m and i go i’ve never even i can’t think i have actually never ever become aware of that i get a big ego and i resemble how might i not have become aware of that however i have it and in some way it gets listed and there are probably tons of other people stating the exact same things about 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 lot of those tokens so the the method i look at it is one there are a few methods one is i attempt to educate myself as much as possible and after that have a concept of what i like to find out about and like to invest in what do i like to invest in do i like to purchase the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i do not like to purchase some that are simply just simply you understand pumps like pump plans or something i understand a lot of people earned money on shiba inu i understand a lot 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 anybody they need to or they shouldn’t because there are a lot of people that have done well i choose not to do that one since they’re they trade keep in mind 24 7 365.
i don’t want to go to sleep one night and i’m up here and get up and i’m down here because what will occur is i’ll never sleep again and again from a psychological standpoint i don’t want that i i attempt to find out a fair bit about the ones that i’m interested in or discover you understand find out why i might be interested why they may have worth and honestly guy it simply takes a whole lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are really against it stating stating i don’t comprehend how there can be all these cryptocurrencies among them needs 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 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 fine 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 needs to have its own currency to function effectively so it so if we feel and and look this this gets into a bit of an opinion i’m a huge defy person i love decentralized financing and part of the reason is because i have actually remained in finance for so long and i know where the inefficiencies are and i know if we can take some of those inadequacies 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 innovation be really 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 very much reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal amount 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 start to swallow up the traditional monetary system and i do not imply that everything else is going to go away i mean my feeling is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin integrating together and that’s where you’re visiting a lot of this value so there’s so much 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 ultimately it’s simply going to be called the monetary system since it’s just 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 relayed for etoro us club members our webinars let members directly interact with our guests utilizing a q a and anyone or you can join 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 dedicated account manager if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and exclusive invites to irl yes reality etoro events make sure to check out the description for any marketing deals and to find out more about our fantastic visitors i’ll see you in etoro us’s club Etoro Knowledge Assessment.