Education understanding…Etoro Market Crash… and again going back to an investment thesis honestly and stating i’m not going to invest in anything even if i saw some guy pumping it on tick tock or i saw someone 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 understand naturally need to do a lot of research study i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being noted on some exchange and i’m and i go i have actually never ever even i can’t believe i have actually never ever become aware of that i get a big ego and i’m like how might i not have actually become aware of that but i have it and somehow it gets listed and there are probably tons of other people saying the very same features of cryptos that i know a lot about because i i tend to take a look at a lot of defy things 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 ways one is i try to educate myself as much as possible and then have an idea of what i like to learn more about and like to buy what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to buy some that are simply just purely you understand pumps like pump schemes or something i understand a great deal of individuals earned money on shiba inu i understand a lot of people generated income on dogecoin that’s excellent 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 should or they shouldn’t because there are a lot of people that have succeeded i choose not to do that one due to the fact that they’re they trade remember 24 7 365.
i do not wish to go to bed one night and i’m up here and get up and i’m down here since what will take place is i’ll never sleep again and again from a psychological perspective i don’t desire that i i attempt to learn a fair bit about the ones that i’m interested in or discover you know find out why i might be interested why they might have value and truthfully male it just takes a lot of education the other thing i’ll say about that genuine quickly is you hear a great deal of people who don’t understand a lot about crypto or or are really against it saying stating i don’t understand how there can be all these cryptocurrencies one of them has to win but that’s that’s not the case they are all they they can or a lot of them can exist on their own a lot 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 okay if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it requires to have its own currency to operate 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 ineffectiveness 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 excellent the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be actually efficient working on dollars operating 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 fact to the assertion that because there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to again in my viewpoint start to start to engulf the conventional monetary system and i do not indicate that everything else is going to disappear i imply my feeling is banks and the crypto that the procedures and whatever are going to start interacting they’re going to start incorporating together which’s where you’re going to see a good deal of this value so there’s so much cash in the conventional financing 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 ultimately it’s just going to be called the financial system since it’s simply a it’s essentially a database in a network you get educated and once again as soon as you get educated have a financial investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar solely broadcast for etoro us club members our webinars let members directly communicate with our guests using 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 unique access to our 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 real life etoro events be sure to have a look at the description for any promotional deals and to read more about our remarkable visitors i’ll see you in etoro us’s club Etoro Market Crash.