Education understanding…Etoro Scalping Rules… and once again returning to a financial investment thesis truthfully and saying i’m not going to purchase anything even if i saw some man pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and find out what it is and find out where it fits for me um i you know obviously have to do a great deal of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh each week i see a new one being listed on some exchange and i’m and i go i have actually never even i can’t think i have actually never ever heard of that i get a big ego and i resemble how could i not have heard of that however i have it and somehow it gets listed and there are probably tons of other people stating the same things about cryptos that i know a lot about since i i tend to take a 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 couple of methods one is i attempt to inform myself as much as possible and then have a concept of what i like to discover and like to buy what do i like to invest in 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 do not like to invest in some that are just just simply you know pumps like pump plans or something i understand a lot of individuals earned money on shiba inu i understand 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 select not to and i’m not telling anybody 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 a person due to the fact that they’re they trade keep in mind 24 7 365.
i do not wish to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will happen is i’ll never ever sleep again and again from an emotional standpoint 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 worth and honestly male it simply takes a lot of education the other thing i’ll state about that real rapidly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are actually 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 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 fine if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it requires to have its own currency to operate effectively so it so if we feel and and look this this gets into a little bit of a viewpoint i’m a big defy man i love decentralized finance and part of the reason is because i’ve remained in finance for so long and i know where the ineffectiveness are and i understand if we can take a few of those inefficiencies out of the system and we can use blockchain innovation to do it that would be excellent the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually effective 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 quite truth to the assertion that because there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to go into them so i got to find out which one’s going to be the winner it is going to once again in my viewpoint start to begin to engulf the traditional financial system and i do not indicate that everything else is going to disappear i indicate my feeling is banks and the crypto that the procedures and everything are going to start collaborating they’re going to start incorporating together which’s where you’re visiting a great deal of this worth so there’s a lot cash in the conventional financing 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 monetary system since it’s just a it’s basically a database in a network you get educated and again as soon as you get informed have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar solely transmitted for etoro us club members our webinars let members directly engage with our guests using a q a and any person or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro boodle bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invites to irl yes reality etoro occasions make certain to check out the description for any marketing deals and to learn more about our fantastic visitors i’ll see you in etoro us’s club Etoro Scalping Rules.