Education understanding…Etoro Millionaire… and once again returning to a financial investment thesis honestly and stating i’m not going to invest in anything just because i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and find out what it is and discover where it fits for me um i you understand obviously need to do a great deal of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh every week i see a brand-new one being listed on some exchange and i’m and i go i’ve never even i can’t believe i have actually never become aware of that i get a huge ego and i’m like how might i not have actually heard of that but i have it and in some way it gets noted and there are most likely tons of other individuals stating the same aspects of cryptos that i understand a lot about because i i tend to take a look at a great deal of defy stuff 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 inform myself as much as possible and then have an idea of what i like to discover and like to invest in what do i like to purchase do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so understanding those i don’t like to invest in some that are just just purely you know pumps like pump plans or something i know a lot of individuals made money on shiba inu i understand a lot of individuals earned money on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anybody they need to or they shouldn’t because there are a lot of individuals that have actually succeeded i pick not to do that a person since they’re they trade remember 24 7 365.
i don’t wish to go to sleep one night and i’m up here and wake up and i’m down here due to the fact that what will happen is i’ll never sleep again and again from an emotional viewpoint i don’t desire that i i try to find out 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 guy it just takes a lot of education the other thing i’ll say about that genuine quickly is you hear a lot of people who do not understand a lot about crypto or or are really against it stating stating i do not understand 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 a lot of them can exist on their own much 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 fine 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 requires to have its own currency to work efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy person i love decentralized finance and part of the factor is due to the fact that i’ve been in financing for so long and i know where the inefficiencies are and i know if we can take a few of those ineffectiveness out of the system and we can utilize blockchain technology 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 actually effective running on dollars working 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 truth to the assertion that because there’s all these cryptocurrencies there’s a restricted 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 once again in my opinion start to start to swallow up the conventional monetary system and i don’t indicate that everything else is going to disappear i mean my sensation is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to begin integrating together and that’s where you’re going to see a good deal of this value so there’s a lot 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 ultimately it’s just going to be called the monetary system due to the fact that it’s simply a it’s essentially a database in a network you get informed and again once you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly engage with our visitors 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 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 invitations to irl yes real life etoro events be sure to take a look at the description for any advertising offers and for more information about our incredible guests i’ll see you in etoro us’s club Etoro Millionaire.