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Education understanding…Etoro Rainmeter… and again returning to an investment thesis truthfully and saying i’m not going to invest in anything just because i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and find out what it is and learn where it fits for me um i you understand obviously need to do a lot of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being noted on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never ever heard of that i get a big ego and i’m like how might i not have heard of that but i have it and in some way it gets listed and there are probably lots of other individuals saying the same aspects of cryptos that i know a lot about because i i tend to look at a great deal of defy things i tend to look a lot of those tokens so the the way i take a look at it is one there are a couple of ways one is i try to educate myself as much as possible and after that have a concept of what i like to learn about and like to purchase what do i like to invest in do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to buy some that are just simply purely you understand pumps like pump plans or something i understand a great deal of individuals generated income on shiba inu i understand a great deal of people made money on dogecoin that’s terrific to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have actually succeeded i pick 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 wake up and i’m down here because what will occur is i’ll never sleep again and again from a psychological perspective i do not want that i i attempt to find out quite a bit about the ones that i’m interested in or learn you know learn why i might be interested why they might have value and honestly male it just takes a great deal of education the other thing i’ll state about that real rapidly is you hear a lot of individuals who do not comprehend a lot about crypto or or are really against it stating saying i do not comprehend how there can be all these cryptocurrencies among them has 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 much 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 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 function efficiently so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a huge defy person i love decentralized financing and part of the reason is because i’ve remained in financing for so long and i understand where the ineffectiveness are and i understand if we can take some of those ineffectiveness out of the system and we can utilize 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 technology be actually efficient running on dollars running on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it effective so there is to me not very much reality to the assertion that since there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to again in my opinion start to begin to engulf the standard financial system and i do not suggest that everything else is going to disappear i mean my sensation is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to begin incorporating together and that’s where you’re visiting a good deal of this worth so there’s so much cash in the conventional finance system that’s going to make its way into what we presently call the crypto system or the

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Defi system and ultimately it’s just going to be called the monetary system because it’s simply a it’s basically a database in a network you get educated and once again once you get informed have an investment thesis here’s what i like to purchase here’s what i do not 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 perks such as an etoro swag bag exclusive access to our month-to-month webinars quarterly market reports and a devoted 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 invitations to irl yes reality etoro occasions make certain to take a look at the description for any advertising offers and to get more information about our incredible guests i’ll see you in etoro us’s club Etoro Rainmeter.