Education understanding…Etoro Profile Questions… and once again going back to a financial investment thesis truthfully and stating i’m not going to buy anything even if i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and find out what it is and find out where it fits for me um i you know of course have to do a lot of research 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 listed on some exchange and i’m and i go i have actually never even i can’t believe i’ve never become aware of that i get a big ego and i resemble how could i not have actually become aware of that however i have it and somehow it gets noted and there are probably tons of other people stating the very same features of cryptos that i understand a lot about since i i tend to look at a great deal of defy stuff i tend to look a lot of those tokens so the the way i look at it is one there are a couple of methods one is i attempt to inform myself as much as possible and then have a concept of what i like to learn more about and like to purchase what do i like to invest in do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to invest in some that are simply just purely you know pumps like pump plans or something i understand a lot of people generated income on shiba inu i know a lot of individuals made money on dogecoin that’s excellent to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anyone they ought to or they should not because there are a lot of people that have actually done well i pick not to do that one 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 awaken and i’m down here since what will happen is i’ll never sleep again and again from a psychological standpoint i don’t want that i i try to learn quite a bit about the ones that i have an interest in or discover you understand learn why i might be interested why they might have worth and truthfully male it simply takes a lot of education the other thing i’ll state about that real quickly is you hear a lot of individuals who do not understand a lot about crypto or or are truly versus it saying stating i do not comprehend 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 number of them can exist on their own a lot of them are a currency that is for a particular 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 alright if eth is the currency of the ethereum network so there’s a whole network there and it has to have his own it it needs to have its own currency to operate efficiently so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy man i love decentralized financing and part of the factor is because i have actually remained in finance for so long and i know where the ineffectiveness are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology 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 technology be truly effective operating 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 again in my opinion start to start to swallow up the traditional monetary system and i do not suggest that whatever else is going to disappear i imply my sensation is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin integrating together which’s where you’re going to see a lot of this worth so there’s so much money in the conventional finance system that’s going to make its method into what we presently call the crypto system or the
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Defi system and eventually it’s simply going to be called the monetary system due to the fact that it’s simply a it’s basically 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 purchase here’s what i don’t this is a clip from our webinar solely relayed for etoro us club members our webinars let members straight engage with our guests using a q a and any person or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our month-to-month 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 unique invitations to irl yes reality etoro occasions be sure to have a look at the description for any marketing deals and for more information about our remarkable guests i’ll see you in etoro us’s club Etoro Profile Questions.