Education understanding…Etoro Move Bitcoin To Wallet… and again returning to a financial investment thesis truthfully and saying i’m not going to buy anything just because i saw some dude 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 learn where it fits for me um i you know of course have to do a whole lot of research i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh each week i see a new one being noted on some exchange and i’m and i go i have actually never even i can’t think i’ve never heard of that i get a huge ego and i resemble how might i not have become aware of that but i have it and somehow it gets noted and there are probably lots of other people stating the exact same things about cryptos that i know a lot about due to the fact that 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 attempt to inform myself as much as possible and then have an idea of what i like to discover and like to purchase what do i like to purchase 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 buy some that are just simply purely you understand pumps like pump plans or something i know a great deal of individuals made money on shiba inu i know a great deal of people generated income on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they ought to or they shouldn’t because there are a great deal of individuals that have actually done well i pick not to do that one because they’re they trade remember 24 7 365.
i do not want 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 ever sleep again and again from an emotional viewpoint i do not desire that i i attempt to find out quite a bit about the ones that i have an interest in or discover you know learn 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 state about that real rapidly is you hear a lot of individuals who do not understand 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 needs to win but that’s that’s not the case they are all they they can or many of them can exist on their own a lot 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 economic network okay if eth is the currency of the ethereum network so there’s an entire network there and it has to have his own it it requires to have its own currency to function effectively so it so if we feel and and look this this enters into a bit of an opinion i’m a big defy man i love decentralized finance and part of the reason is because i’ve remained in financing for so long and i know where the inadequacies are and i understand if we can take some of those inadequacies out of the system and we can utilize blockchain technology to do it that would be excellent 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 truly efficient working 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 quite truth to the assertion that because there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to begin to engulf the conventional monetary system and i do not imply that whatever else is going to go away i mean my feeling is banks and the crypto that the protocols and everything are going to begin collaborating they’re going to begin integrating together which’s where you’re going to see a lot of this worth so there’s a lot cash in the traditional finance system that’s going to make its way 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 financial system due to the fact that it’s simply a it’s essentially a database in a network you get educated and again once you get educated 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 solely broadcast for etoro us club members our webinars let members directly engage with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a lot of benefits such as an etoro boodle bag special access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can likewise 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 have a look at the description for any marketing offers and to get more information about our amazing guests i’ll see you in etoro us’s club Etoro Move Bitcoin To Wallet.