Education understanding…Etoro Vs Revolut… and once again returning to an investment thesis truthfully and stating i’m not going to purchase anything just because i saw some dude 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 discover where it suitables for me um i you know of course need 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 weekly i see a new one being noted on some exchange and i’m and i go i’ve never ever even i can’t think i have actually never heard of that i get a huge ego and i’m like how could i not have heard of that but i have it and in some way it gets noted and there are probably tons of other people stating the same things about cryptos that i understand a lot about since i i tend to look at a lot of defy things i tend to look a great deal of those tokens so the the method i take a look at it is one there are a few methods one is i attempt to educate myself as much as possible and after that have a concept of what i like to learn more about and like to purchase what do i like to invest in 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 do not like to purchase some that are just just purely you understand pumps like pump plans or something i know a great deal of individuals made money on shiba inu i know a lot of individuals generated income on dogecoin that’s fantastic 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 must or they should not because there are a great deal of individuals that have actually succeeded i pick 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 get up and i’m down here because what will take place is i’ll never ever sleep again and again from a psychological viewpoint i do not want that i i attempt to find out quite a bit about the ones that i have an interest in or discover you know discover why i might be interested why they may have worth and truthfully guy it simply takes a great deal of education the other thing i’ll state 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 saying saying i don’t comprehend how there can be all these cryptocurrencies among them has 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 many 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 okay 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 needs to have its own currency to work efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy guy i love decentralized financing and part of the reason is since i’ve been in financing for so long and i know where the ineffectiveness are and i understand if we can take some of those inadequacies out of the system and we can use blockchain technology to do it that would be terrific the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be truly 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 efficient so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a restricted amount 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 again in my opinion start to start to swallow up the traditional monetary system and i don’t imply that whatever else is going to go away i suggest my feeling is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to begin integrating together and that’s where you’re visiting a great deal of this value so there’s so much cash in the conventional finance 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 eventually it’s simply going to be called the financial system due to the fact that it’s just a it’s essentially a database in a network you get informed and once again when 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 broadcast for etoro us club members our webinars let members directly interact with our guests utilizing a q a and any person or you can join etoro club and u.s club members get a bunch of benefits such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and unique invitations to irl yes reality etoro events make certain to take a look at the description for any advertising offers and to get more information about our incredible guests i’ll see you in etoro us’s club Etoro Vs Revolut.