Education understanding…Etoro Unable To Open A Position… and again going back to an investment thesis truthfully and saying i’m not going to purchase 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 know of course have to do a great deal of research study i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh every week i see a new one being noted on some exchange and i’m and i go i’ve never ever even i can’t think i’ve never become aware of that i get a big ego and i’m like how might i not have actually become aware of that however i have it and somehow it gets listed and there are most likely lots of other people saying 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 way i look at it is one there are a few ways one is i try to inform myself as much as possible and after that have a concept of what i like to find out about and like to buy what do i like to invest in do i like to purchase the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i do not like to invest in some that are just simply purely you understand pumps like pump plans or something i know a great deal of individuals earned money on shiba inu i know a great deal 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 anyone they should or they should not because there are a great deal of people that have actually done well i choose not to do that one since they’re they trade keep in mind 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 due to the fact that what will occur 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’m interested in or discover you know discover why i might be interested why they may have value and honestly guy it simply takes a lot of education the other thing i’ll say about that real quickly is you hear a lot of people who do not comprehend a lot about crypto or or are really versus it saying saying i don’t comprehend how there can be all these cryptocurrencies among them needs to win however that’s that’s not the case they are all they they can or much of them can exist on their own a lot of them are a currency that is for a specific network so bitcoin for example is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states financial network all right 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 needs to have its own currency to operate efficiently so it so if we feel and and look this this enters into a bit of an opinion i’m a huge defy man i love decentralized finance and part of the reason is because i’ve remained in finance for so long and i understand where the inadequacies are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be fantastic the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be really effective running 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 quite truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal 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 conventional financial system and i do not suggest that whatever else is going to disappear i mean my sensation is banks and the crypto that the procedures and everything are going to start collaborating they’re going to start integrating together which’s where you’re visiting a great deal of this value so there’s a lot money in the conventional finance 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 simply going to be called the financial system because it’s just a it’s basically a database in a network you get educated and once again as soon as you get educated have a financial investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members straight interact with our visitors utilizing a q a and any person or you can join etoro club and u.s club members get a lot of advantages such as an etoro swag bag special access to our monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and unique invites to irl yes reality etoro occasions be sure to take a look at the description for any promotional offers and to read more about our fantastic guests i’ll see you in etoro us’s club Etoro Unable To Open A Position.