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Education understanding…Etoro Swaps… and once again returning to an investment thesis truthfully and stating i’m not going to buy anything just because 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 discover what it is and discover where it fits for me um i you know naturally have to do a 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 brand-new one being listed on some exchange and i’m and i go i’ve never even i can’t think i have actually never heard of that i get a big ego and i’m like how could i not have actually heard of that but i have it and in some way it gets noted and there are probably lots of other individuals saying the very same aspects of cryptos that i know a lot about because i i tend to take a look at a great deal of defy things 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 methods one is i try to educate myself as much as possible and then have an idea of what i like to learn about and like to buy what do i like to invest in do i like to invest in the ones that have some sort of capital or liquidity procedure or something like that so understanding those i don’t like to purchase some that are simply just purely you understand pumps like pump schemes or something i know a lot of individuals earned money on shiba inu i understand a lot of individuals made money on dogecoin that’s terrific to hear i do not want to do that that that’s not me i choose not to and i’m not telling anyone they need to or they shouldn’t because there are a great deal of people that have actually succeeded i pick not to do that one due to the fact that they’re they trade keep in mind 24 7 365.

 

 

i do not want to go to bed one night and i’m up here and awaken and i’m down here because what will happen is i’ll never ever sleep again and again from a psychological standpoint i don’t desire that i i attempt to find out quite a bit about the ones that i’m interested in or learn you know find out why i might be interested why they may have worth and honestly man it simply takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a great deal of people who don’t understand a lot about crypto or or are actually versus it saying 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 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 okay 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 operate effectively so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy man i love decentralized finance and part of the reason is since i’ve been in financing for so long and i understand where the inadequacies are and i understand if we can take some of those inadequacies out of the system and we can utilize blockchain technology to do it that would be fantastic the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be really efficient operating on dollars operating 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 due to the fact that there’s all these cryptocurrencies there’s a limited 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 once again in my opinion start to start to swallow up the conventional monetary system and i don’t indicate that whatever else is going to go away i mean my sensation is banks and the crypto that the protocols and everything are going to begin working together they’re going to begin incorporating together which’s where you’re visiting a lot of this value so there’s a lot money in the standard financing 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 eventually 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 informed and again once you get educated have an investment thesis here’s what i like to purchase 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 interact 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 boodle bag special access to our monthly webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invites to irl yes real life etoro events make certain to have a look at the description for any advertising deals and to get more information about our amazing guests i’ll see you in etoro us’s club Etoro Swaps.