Education understanding…Etoro Vs Degiro Spread… and once again returning to an investment thesis truthfully and stating i’m not going to invest in 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 discover what it is and learn where it fits for me um i you understand of course have to do a great deal of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being noted on some exchange and i’m and i go i’ve never ever even i can’t think i’ve never heard of that i get a big ego and i resemble how might i not have heard of that however i have it and somehow it gets noted and there are probably tons of other individuals saying the very same aspects of cryptos that i understand a lot about because i i tend to look at a great deal of defy stuff i tend to look a great deal of those tokens so the the method i 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 discover and like to buy what do i like to invest in do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so understanding those i do not like to buy 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 understand a great deal of individuals made money on dogecoin that’s great to hear i don’t wish to do that that that’s not me i pick not to and i’m not telling anybody they ought to or they should not because there are a great deal of people that have done well i choose not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t 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 take place is i’ll never sleep again and again from an emotional perspective i do not desire that i i try to learn quite a bit about the ones that i’m interested in or learn you understand learn why i might be interested why they might have value and truthfully male it just takes a lot of education the other thing i’ll state about that real rapidly is you hear a lot of individuals who don’t understand a lot about crypto or or are truly against it stating stating i don’t understand how there can be all these cryptocurrencies among 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 alright if eth is the currency of the ethereum network so there’s an entire network there and it has 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 an opinion i’m a huge defy guy i love decentralized financing and part of the factor is because i’ve been in finance for so long and i know where the inefficiencies 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 excellent the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be truly efficient working on dollars running 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 very much 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 go into them so i got to find out which one’s going to be the winner it is going to once again in my opinion start to start to engulf the conventional financial system and i don’t suggest that whatever else is going to go away i mean my feeling is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to begin incorporating together which’s where you’re visiting a good deal of this value so there’s so much cash in the conventional 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 simply going to be called the financial system due to the fact that it’s simply a it’s essentially a database in a network you get informed and once again as soon as you get educated have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members straight engage with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro swag bag special access to our month-to-month webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes real life etoro occasions make sure to check out 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 Degiro Spread.