Education understanding…Etoro Vs Buying Bitcion… and once again going back to a financial investment thesis honestly and stating i’m not going to purchase anything just because 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 obviously have to do a lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a brand-new one being noted on some exchange and i’m and i go i’ve never even i can’t believe i have actually never ever heard of that i get a big ego and i’m like how could i not have actually become aware of that however i have it and in some way it gets noted and there are probably lots of other individuals stating the same aspects of cryptos that i know a lot about because i i tend to take a 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 few methods one is i attempt to inform myself as much as possible and after that have an idea of what i like to learn about and like to purchase what do i like to purchase do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to buy some that are just just purely you know pumps like pump plans or something i understand a great deal of people made money on shiba inu i know a great deal of individuals generated income on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anybody they must or they should not because there are a lot of individuals that have succeeded i select not to do that one since they’re they trade keep in mind 24 7 365.
i do not wish to go to sleep one night and i’m up here and get up and i’m down here since what will take place is i’ll never sleep again and again from an emotional standpoint i don’t want that i i attempt to learn 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 simply 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 truly versus it stating saying i do not comprehend how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or much 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 operate efficiently so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy person i love decentralized financing and part of the factor is due to the fact that i’ve remained in finance for so long and i understand where the inadequacies are and i know if we can take some of those inadequacies out of the system and we can use blockchain technology to do it that would be excellent the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really effective operating on dollars operating 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 quite fact to the assertion that because there’s all these cryptocurrencies there’s a limited 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 once again in my viewpoint start to start to swallow up the standard monetary system and i do not indicate that everything else is going to disappear i mean my sensation is banks and the crypto that the procedures and everything are going to start interacting they’re going to start integrating 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 method into what we currently call the crypto system or the
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Defi system and eventually it’s just going to be called the monetary system since it’s simply a it’s basically a database in a network you get informed and again when you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members straight connect with our guests utilizing a q a and anyone or you can join etoro club and u.s club members get a bunch of benefits such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes reality etoro occasions make sure to have a look at the description for any advertising deals and to learn more about our remarkable guests i’ll see you in etoro us’s club Etoro Vs Buying Bitcion.