Education understanding…Etoro Minimum Position Size 200… and again going back to an investment thesis honestly and saying i’m not going to invest in 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 and learn 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 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 listed on some exchange and i’m and i go i’ve never ever even i can’t believe i’ve never become aware of that i get a big ego and i resemble how might i not have actually heard of that however i have it and in some way it gets listed and there are probably lots of other individuals saying the exact same aspects of cryptos that i know a lot about due to the fact that 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 take a look at it is one there are a couple of ways 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 buy what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to purchase some that are simply simply simply you know pumps like pump schemes or something i know a great deal of individuals made money on shiba inu i understand a great deal of individuals generated income on dogecoin that’s terrific to hear i do not want to do that that that’s not me i select not to and i’m not telling anyone they should or they should not because there are a great deal of individuals that have succeeded i select not to do that a person since they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and wake up and i’m down here since what will happen is i’ll never ever sleep again and again from an emotional standpoint i don’t want that i i try to discover a fair bit about the ones that i have an interest in or learn you understand discover why i might be interested why they may have value and honestly male it simply takes a lot of education the other thing i’ll state about that genuine quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are truly against it stating stating i do not understand how there can be all these cryptocurrencies one of them has to win however that’s that’s not the case they are all they they can or many of them can exist on their own much 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 financial network all right 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 needs to have its own currency to work efficiently so it so if we feel and and look this this enters a little bit of an opinion i’m a big defy guy i love decentralized financing and part of the reason is since 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 use blockchain innovation to do it that would be fantastic the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be really effective running on dollars operating on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient 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 go into them so i got to determine which one’s going to be the winner it is going to once again in my opinion start to start to swallow up the standard monetary system and i don’t indicate that whatever else is going to disappear i suggest my sensation is banks and the crypto that the protocols and whatever are going to start working together they’re going to start integrating together which’s where you’re going to see a lot of this value so there’s so much money in the conventional financing 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 financial system since it’s simply a it’s basically a database in a network you get educated and again once you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar solely transmitted for etoro us club members our webinars let members straight engage with our guests utilizing a q a and any person or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and exclusive invites to irl yes reality etoro occasions be sure to check out the description for any marketing deals and to find out more about our remarkable guests i’ll see you in etoro us’s club Etoro Minimum Position Size 200.