Education understanding…Etoro Telegram Group… and once again going back to a financial investment thesis honestly and stating i’m not going to invest in anything even if 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 discover where it fits for me um i you know obviously have to do a great deal of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week 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’ve never heard of that i get a big ego and i’m like how could i not have actually become aware of that however i have it and in some way it gets listed and there are probably tons of other individuals stating the same features of cryptos that i understand a lot about since i i tend to look at a great deal of defy stuff i tend to look a great deal of those tokens so the the method i 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 an idea of what i like to find out about and like to invest in what do i like to purchase do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i don’t like to invest in some that are simply simply purely you know pumps like pump plans or something i understand a lot of individuals earned money on shiba inu i understand a great deal of individuals generated income on dogecoin that’s fantastic to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they should or they shouldn’t because there are a great deal of people that have done well i select not to do that one 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 get up and i’m down here because what will happen is i’ll never ever sleep again and again from an emotional perspective i don’t want that i i try to find out a fair bit about the ones that i have an interest in or discover 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 genuine rapidly is you hear a great deal of people who don’t understand a lot about crypto or or are truly versus it saying saying i don’t understand how there can be all these cryptocurrencies one of them has to win but that’s that’s not the case they are all they they can or a number 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 fine if eth is the currency of the ethereum network so there’s a whole 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 enters into a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the factor is since i’ve remained in financing for so long and i understand where the inefficiencies are and i know if we can take a few of those inadequacies out of the system and we can use blockchain technology to do it that would be terrific the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be actually effective operating on dollars running on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much truth to the assertion that because there’s all these cryptocurrencies there’s a restricted amount 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 viewpoint start to start to swallow up the traditional monetary system and i do not mean that whatever else is going to go away i imply my feeling is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to begin incorporating together and that’s where you’re visiting a lot of this value so there’s so much cash in the conventional financing system that’s going to make its method into what we presently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the monetary system due to the fact that it’s just a it’s essentially a database in a network you get educated and once again once you get educated have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar solely relayed for etoro us club members our webinars let members straight engage with our visitors utilizing a q a and any person or you can sign up with etoro club and u.s club members get a bunch of benefits such as an etoro swag bag special access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher 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 be sure to take a look at the description for any advertising offers and to find out more about our fantastic visitors i’ll see you in etoro us’s club Etoro Telegram Group.