Education understanding…Etoro Paysafecard… and once again returning to an investment thesis truthfully and saying i’m not going to buy 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 learn where it suitables for me um i you understand of course need to do a whole lot of research study i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a new one being noted 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 might i not have actually heard of that but i have it and somehow it gets noted and there are most likely lots of other individuals saying the same features of cryptos that i understand a lot about because i i tend to look at a lot of defy stuff 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 discover and like to invest in what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to purchase some that are just simply purely you know pumps like pump plans or something i understand a lot of people 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 must or they shouldn’t because there are a lot of individuals that have succeeded i select not to do that a person because they’re they trade remember 24 7 365.
i don’t wish to go to bed one night and i’m up here and get up and i’m down here since what will happen is i’ll never sleep again and again from a psychological perspective i do not want that i i try to find out a fair bit about the ones that i have an interest in or learn you know find out why i might be interested why they might have value and honestly guy it simply takes a whole lot of education the other thing i’ll say about that genuine quickly is you hear a great deal of individuals who don’t comprehend a lot about crypto or or are actually versus it stating 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 much of them can exist on their own many 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 alright 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 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 huge defy guy i love decentralized financing and part of the factor is due to the fact that i have actually remained in finance for so long and i understand where the inefficiencies are and i understand if we can take some of those inadequacies out of the system and we can use blockchain technology to do it that would be fantastic the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be really 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 truth to the assertion that due to the fact that 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 once again in my viewpoint start to start to swallow up the conventional monetary system and i do not suggest that whatever else is going to disappear i mean my feeling is banks and the crypto that the protocols and everything are going to begin collaborating they’re going to begin incorporating together and that’s where you’re going to see a lot 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 eventually it’s just going to be called the financial system because it’s just a it’s basically a database in a network you get educated and once again when you get informed 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 specifically broadcast for etoro us club members our webinars let members directly connect with our visitors using a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro events make certain to take a look at the description for any marketing offers and for more information about our fantastic visitors i’ll see you in etoro us’s club Etoro Paysafecard.