Education understanding…Etoro Usa Ban… and once again returning to an investment thesis truthfully and saying i’m not going to buy 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 suitables for me um i you understand naturally have to do a lot 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 each week i see a new one being listed on some exchange and i’m and i go i’ve never even i can’t believe i have actually never become aware of that i get a big ego and i’m like how could i not have actually become aware of that but i have it and in some way it gets noted and there are probably tons of other individuals saying the very same things about cryptos that i know a lot about since i i tend to look at a lot 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 couple of ways one is i try to educate myself as much as possible and after that have an idea of what i like to discover and like to purchase what do i like to purchase do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to invest in some that are just simply purely you understand pumps like pump plans or something i understand a great deal of people earned money on shiba inu i know a great deal of people generated income on dogecoin that’s excellent to hear i do not want to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a great deal of individuals that have done well i select not to do that a person due to the fact that they’re they trade keep in mind 24 7 365.
i don’t wish to go to sleep one night and i’m up here and awaken 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 desire that i i attempt to find out a fair bit about the ones that i’m interested in or discover you know find out why i might be interested why they might have value and truthfully man it just takes a lot of education the other thing i’ll state about that genuine quickly is you hear a great deal of individuals who do not understand a lot about crypto or or are really versus it stating stating i don’t understand 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 a lot 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 financial network all right 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 efficiently so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy person i love decentralized financing and part of the reason is because i’ve remained in finance for so long and i understand where the inefficiencies are and i understand if we can take some of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be great the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly efficient working on dollars running 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 fact to the assertion that since there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to once again in my opinion start to start to engulf the standard monetary system and i do not indicate that whatever else is going to disappear i indicate my sensation is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to begin incorporating together and that’s where you’re visiting a good deal of this worth so there’s so much cash in the traditional 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 ultimately it’s just going to be called the financial system because it’s simply a it’s essentially a database in a network you get informed and again as soon as you get educated have an investment thesis here’s what i like to buy 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 communicate with our guests using a q a and anyone or you can join etoro club and u.s club members get a bunch of perks such as an etoro boodle bag unique access to our monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and unique invitations to irl yes reality etoro events make certain to take a look at the description for any promotional offers and for more information about our remarkable visitors i’ll see you in etoro us’s club Etoro Usa Ban.