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Education understanding…Etoro Spread Betting… and once again returning to an investment thesis truthfully and stating i’m not going to buy anything even if i saw some guy 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 find out where it fits for me um i you understand of course need to do a whole lot of research 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 new one being noted on some exchange and i’m and i go i’ve never 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 heard of that but i have it and in some way it gets noted and there are most likely tons of other people stating the same aspects of cryptos that i know a lot about due to the fact that i i tend to take a look at a lot of defy stuff i tend to look a lot of those tokens so the the method i look at it is one there are a few methods one is i attempt to educate myself as much as possible and then have a concept of what i like to learn about and like to buy what do i like to purchase do i like to purchase the ones that have some sort of capital or liquidity procedure or something like that so understanding 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 great deal of people earned money on shiba inu i understand a lot of people made money on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anybody they must or they shouldn’t because there are a lot of people that have actually succeeded i pick not to do that a person because they’re they trade remember 24 7 365.

 

 

i do not want to go to sleep one night and i’m up here and get up and i’m down here because what will take place is i’ll never sleep again and again from an emotional viewpoint i do not desire that i i try to learn a fair bit about the ones that i’m interested in or learn you understand find out why i might be interested why they may have worth and honestly guy it just takes a whole lot of education the other thing i’ll say about that genuine rapidly is you hear a lot of people who do not comprehend a lot about crypto or or are truly against it stating saying i don’t comprehend 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 many of them can exist on their own many 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 an entire network there and it has to have his own it it requires to have its own currency to function effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy man i love decentralized financing and part of the reason is since i have actually been in financing for so long and i know where the inefficiencies are and i understand if we can take a few of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be great the thing 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 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 because there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to go 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 begin to swallow up the traditional monetary system and i do not imply that everything else is going to disappear i indicate my feeling is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to begin incorporating together which’s where you’re visiting a great deal of this worth so there’s so much cash in the conventional financing 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 monetary system because it’s just a it’s essentially a database in a network you get educated and again when you get informed have an investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar solely broadcast for etoro us club members our webinars let members straight 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 perks such as an etoro swag bag special access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invites to irl yes reality etoro events make sure to have a look at the description for any advertising deals and for more information about our incredible guests i’ll see you in etoro us’s club Etoro Spread Betting.