Education understanding…Etoro Usdt Tether… and again returning to a financial investment thesis honestly and saying i’m not going to purchase anything just because i saw some man pumping it on tick tock or i saw someone 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 need to do a great deal of research study i can’t keep up with most likely 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 believe i’ve never heard of that i get a huge ego and i resemble how could i not have actually heard of that however i have it and somehow it gets noted and there are most likely tons of other people stating the same things about cryptos that i know a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a great deal of those tokens so the the way i take a 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 a concept of what i like to learn more about and like to purchase what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to purchase some that are simply simply simply you know pumps like pump plans or something i know a lot of individuals earned money on shiba inu i know a great deal of people made money on dogecoin that’s terrific to hear i do not want to do that that that’s not me i pick not to and i’m not telling anybody they ought to or they shouldn’t because there are a lot of individuals that have succeeded i pick not to do that one due to the fact that they’re they trade remember 24 7 365.
i don’t 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 a psychological perspective i do not desire that i i try to learn a fair bit about the ones that i’m interested in or learn you know learn why i might be interested why they might have value and honestly male it simply takes a great deal of education the other thing i’ll say about that genuine quickly is you hear a lot of people who do not 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 needs to win but that’s that’s not the case they are all they they can or many of them can exist on their own much of them are a currency that is for a specific 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 needs to have his own it it requires to have its own currency to work effectively so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy person i love decentralized finance and part of the factor is due to the fact that i’ve been in financing for so long and i understand where the inefficiencies are and i know if we can take some of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be great 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 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 efficient so there is to me not very much truth to the assertion that since there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to enter 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 engulf the conventional monetary system and i do not imply that whatever else is going to disappear i imply my feeling is banks and the crypto that the protocols and whatever are going to begin interacting they’re going to start incorporating together and that’s where you’re going to see a good deal of this value so there’s a lot cash in the traditional 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 financial system because it’s just a it’s essentially a database in a network you get informed and once again as soon as you get informed have a financial investment thesis here’s what i like to purchase 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 guests using a q a and anyone or you can join etoro club and u.s club members get a bunch of advantages such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a dedicated account manager 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 be sure to take a look at the description for any marketing offers and for more information about our fantastic guests i’ll see you in etoro us’s club Etoro Usdt Tether.