Education understanding…Etoro User Count… and 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 someone pumping it on twitter i’m going to do my research study and learn what it is and learn where it fits for me um i you understand of course have to do a whole lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being noted on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never become aware of that i get a big ego and i resemble how could i not have heard of that but i have it and in some way it gets listed and there are probably lots of other people saying the very same features of cryptos that i know a lot about because i i tend to look at a great deal of defy things 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 attempt to educate myself as much as possible and after that have an idea of what i like to discover and like to invest in 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 great deal of individuals made money on shiba inu i know a lot of people generated income on dogecoin that’s excellent to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anybody they should or they shouldn’t because there are a great deal of individuals that have done well i select not to do that one because 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 take place is i’ll never ever sleep again and again from a psychological viewpoint i do not desire that i i try to find out quite a bit about the ones that i have an interest in or discover you know find out why i might be interested why they might have worth and honestly guy it just takes a lot of education the other thing i’ll say about that real quickly is you hear a lot of individuals who do not understand a lot about crypto or or are actually versus it stating saying 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 many of them can exist on their own much of them are a currency that is for a particular 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 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 needs to have its own currency to work efficiently so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy man i love decentralized financing and part of the factor is because i’ve remained in finance for so long and i know where the inadequacies are and i know if we can take a few of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be fantastic the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be really effective operating on dollars working 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 quite truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to enter into them so i got to figure out which one’s going to be the winner it is going to again in my viewpoint start to begin to swallow up the traditional monetary system and i don’t imply that whatever else is going to disappear i imply my feeling is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin integrating together and that’s where you’re going to see a good deal of this worth so there’s so much cash in the traditional financing system that’s going to make its way into what we currently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the monetary system since it’s just a it’s essentially a database in a network you get educated and again once you get informed 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 specifically relayed for etoro us club members our webinars let members straight engage with our visitors using a q a and anybody or you can join etoro club and u.s club members get a lot of perks such as an etoro boodle bag exclusive access to our month-to-month 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 special invites to irl yes real life etoro events make sure to have a look at the description for any advertising offers and to learn more about our fantastic visitors i’ll see you in etoro us’s club Etoro User Count.