Education understanding…Etoro Vs Coins Ph… and again going back to an investment thesis honestly and stating i’m not going to buy anything just because i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn what it is and discover where it suitables for me um i you know naturally have to do a lot of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a new one being listed on some exchange and i’m and i go i have actually never ever even i can’t think i’ve 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 somehow it gets listed and there are most likely tons of other people stating the exact same things about cryptos that i know a lot about since i i tend to take a look at a lot of defy things i tend to look a lot of those tokens so the the method i take a look at it is one there are a few ways one is i try to inform myself as much as possible and after that have a concept of what i like to learn about and like to buy 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 comprehending those i do not like to buy some that are simply just simply you know pumps like pump schemes or something i know a great deal of individuals made money on shiba inu i know a great deal of people generated income on dogecoin that’s great to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anyone they ought to or they shouldn’t because there are a great deal of individuals that have actually done well i pick not to do that a person due to the fact that they’re they trade remember 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 happen is i’ll never sleep again and again from an emotional standpoint i don’t desire that i i try to discover 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 value and truthfully guy it simply takes a lot of education the other thing i’ll state about that genuine quickly is you hear a great deal of people who don’t understand a lot about crypto or or are really against it stating saying i don’t comprehend 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 a lot of them can exist on their own many 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 economic network fine 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 efficiently so it so if we feel and and look this this gets into a little bit of an opinion i’m a huge defy man i love decentralized finance and part of the reason is since i have actually been in financing for so long and i know where the inadequacies are and i know if we can take some of those inadequacies out of the system and we can utilize blockchain technology to do it that would be terrific the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually effective running on dollars running 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 very much truth to the assertion that since there’s all these cryptocurrencies there’s a limited quantity 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 again in my opinion start to begin to engulf the standard monetary system and i don’t mean that everything else is going to go away i indicate my feeling is banks and the crypto that the procedures and whatever are going to start interacting they’re going to begin incorporating together which’s where you’re going to see a good deal of this value so there’s a lot cash in the standard 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 simply a it’s basically a database in a network you get informed and again when you get educated 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 exclusively broadcast for etoro us club members our webinars let members directly communicate with our visitors using a q a and any person or you can join etoro club and u.s club members get a lot of perks such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invites to irl yes reality etoro events make sure to take a look at the description for any advertising offers and for more information about our amazing visitors i’ll see you in etoro us’s club Etoro Vs Coins Ph.