Education understanding…Etoro Quora… and again returning to a financial investment thesis honestly and saying i’m not going to buy anything even if 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 find out what it is and find out where it suitables for me um i you know 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 brand-new one being listed on some exchange and i’m and i go i have actually never ever even i can’t believe i’ve never become aware of that i get a big ego and i’m like how could i not have heard of that but i have it and somehow it gets noted and there are most likely tons of other individuals saying the same aspects of cryptos that i know 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 method i take a look at it is one there are a few ways one is i attempt to educate myself as much as possible and after that have a concept of what i like to find out about and like to purchase what do i like to buy do i like to invest in the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to invest in some that are just just purely you understand pumps like pump schemes or something i understand a lot of people earned money on shiba inu i understand a great deal of individuals 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 anybody they need to or they should not because there are a great deal of people that have actually done well i choose not to do that a person due to the fact that they’re they trade remember 24 7 365.
i don’t wish to go to bed 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 an emotional viewpoint i do not desire that i i attempt to discover quite a bit about the ones that i’m interested in or learn you know discover why i might be interested why they may have worth and truthfully guy it simply takes a lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are actually against it stating stating i do not understand how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or a lot of them can exist on their own a number of them are a currency that is for a particular 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 an entire network there and it has to have his own it it needs to have its own currency to work effectively so it so if we feel and and look this this gets into a bit of an opinion i’m a huge defy guy i love decentralized financing and part of the reason is since i’ve been in financing for so long and i know where the ineffectiveness are and i understand if we can take some of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be terrific 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 efficient working on dollars working 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 since there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter into them so i got to figure out which one’s going to be the winner it is going to again in my viewpoint start to start to engulf the traditional financial system and i don’t imply that everything else is going to go away i indicate my feeling is banks and the crypto that the protocols and everything are going to begin interacting they’re going to begin incorporating together and that’s where you’re visiting a lot of this value 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 simply going to be called the monetary system since it’s simply a it’s basically a database in a network you get educated and once again as soon as you get educated have a financial investment thesis here’s what i like to invest in 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 interact with our visitors using a q a and any person or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account supervisor 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 make sure to take a look at the description for any advertising offers and to get more information about our amazing guests i’ll see you in etoro us’s club Etoro Quora.