Education understanding…Etoro Market Profile Charts… and again going back to an investment thesis truthfully and stating i’m not going to purchase anything just because 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 fits for me um i you know naturally have 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 each week i see a new one being listed on some exchange and i’m and i go i’ve never ever even i can’t think i’ve never ever 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 somehow it gets listed and there are probably tons of other people saying the same things about cryptos that i know a lot about since i i tend to look at a great deal of defy stuff i tend to look a great deal of those tokens so the the way i look at it is one there are a couple of ways one is i try to inform myself as much as possible and then have a concept of what i like to discover and like to invest in what do i like to invest in do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so understanding those i don’t like to purchase some that are just simply purely you know pumps like pump schemes or something i understand a lot of people earned money on shiba inu i understand a great deal of people generated income on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a great deal of individuals that have actually done well 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 awaken and i’m down here due to the fact that what will take place is i’ll never sleep again and again from an emotional perspective i do not want that i i try to discover quite a bit about the ones that i’m interested in or learn you understand find out why i might be interested why they may have worth and truthfully male it simply takes a lot of education the other thing i’ll state about that real rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are actually against it saying stating 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 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 financial network okay if eth is the currency of the ethereum network so there’s an entire network there and it needs 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 enters into a little bit of a viewpoint i’m a big defy guy i love decentralized financing and part of the factor is since i have actually been in financing for so long and i understand where the inadequacies are and i know if we can take some of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be fantastic the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually efficient running on dollars working 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 truth to the assertion that since there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to again in my opinion start to start to engulf the conventional financial system and i do not mean that everything else is going to go away i suggest my sensation is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin incorporating together which’s where you’re visiting a great deal of this worth so there’s so much money 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 eventually 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 again once you get informed 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 exclusively broadcast for etoro us club members our webinars let members straight interact with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and special invites to irl yes reality etoro occasions make certain to have a look at the description for any promotional offers and to find out more about our amazing visitors i’ll see you in etoro us’s club Etoro Market Profile Charts.