Education understanding…Etoro Volume Indicator For Mt4… and once again going back to an investment thesis honestly and stating i’m not going to purchase anything even if i saw some dude 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 find out where it fits for me um i you know of course 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 ever even i can’t believe i have actually never heard of that i get a big ego and i’m like how might i not have heard of that but i have it and in some way it gets listed and there are probably lots of other individuals stating the same features of cryptos that i know a lot about since i i tend to look at a great deal of defy things 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 then have an idea of what i like to discover and like to buy what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to buy some that are just just purely you know pumps like pump schemes or something i know a lot of people made money on shiba inu i understand a lot of people generated income on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i select not to and i’m not telling anyone they must or they should not because there are a lot of people that have done well i choose not to do that one because they’re they trade keep in mind 24 7 365.
i do not want to go to sleep 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 sleep again and again from a psychological standpoint i do not desire that i i try to learn quite a bit about the ones that i have an interest in or discover you understand find out why i might be interested why they may have value and truthfully guy it just takes a great deal of education the other thing i’ll state about that real quickly is you hear a lot of individuals who don’t understand a lot about crypto or or are truly against it stating saying i do not understand how there can be all these cryptocurrencies among them has 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 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 financial network fine 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 work effectively so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a big defy person 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 a few of those inefficiencies out of the system and we can use blockchain innovation to do it that would be excellent the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually 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 because there’s all these cryptocurrencies there’s a minimal quantity 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 start to engulf the traditional monetary system and i do not imply that everything else is going to disappear i mean my sensation is banks and the crypto that the protocols and everything are going to begin interacting they’re going to begin incorporating together which’s where you’re visiting a good deal of this worth so there’s so much money in the traditional financing 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 monetary system since it’s simply a it’s essentially a database in a network you get educated and again when you get informed have a financial investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly communicate with our visitors utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a lot of benefits 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 invitations to irl yes real life etoro occasions make sure to take a look at the description for any promotional deals and to find out more about our amazing guests i’ll see you in etoro us’s club Etoro Volume Indicator For Mt4.