Education understanding…Etoro Vs Trading 212 Vs Plus500 Reddit… and once again returning to a financial investment thesis truthfully and saying i’m not going to invest in anything even if i saw some man pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and learn what it is and learn where it fits for me um i you understand obviously need to do a lot of research i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a new one being noted on some exchange and i’m and i go i have actually never ever even i can’t believe i have actually never heard of that i get a big ego and i resemble how could i not have actually heard of that however i have it and in some way it gets listed and there are probably lots of other individuals stating the same things about cryptos that i understand a lot about since i i tend to look at a lot of defy stuff 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 couple of methods one is i try to inform myself as much as possible and after that have a concept of what i like to find out about and like to buy what do i like to invest in do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i don’t like to invest in some that are just simply simply you know pumps like pump schemes or something i know a lot of people earned money on shiba inu i know a great deal of individuals made money on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they should or they should not because there are a great deal of individuals that have done well i select not to do that a person since they’re they trade remember 24 7 365.
i don’t want 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 ever sleep again and again from a psychological perspective i don’t desire that i i try to learn a fair bit about the ones that i’m interested in or learn you understand find out why i might be interested why they may have worth and truthfully man it just takes a lot of education the other thing i’ll state about that genuine quickly is you hear a lot of individuals who don’t understand a lot about crypto or or are really against it saying saying i don’t understand how there can be all these cryptocurrencies one of them has to win however that’s that’s not the case they are all they they can or a lot of them can exist on their own a number 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 all right 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 needs to have its own currency to function efficiently so it so if we feel and and look this this gets into a bit of a viewpoint i’m a big defy person i love decentralized finance and part of the factor is due to the fact that i have actually been in finance for so long and i know where the ineffectiveness are and i understand if we can take a few of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be great the thing is the blockchain innovation is not effective 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 fact to the assertion that since there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to again in my opinion start to begin to swallow up the traditional financial system and i do not indicate that whatever else is going to go away i indicate my sensation is banks and the crypto that the protocols and whatever are going to begin working together they’re going to start 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 ultimately it’s just going to be called the monetary system because it’s just a it’s basically a database in a network you get educated and once again once you get educated have an investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar specifically relayed for etoro us club members our webinars let members straight connect with our guests utilizing a q a and any person or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro boodle bag special 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 membership of the wall street journal delta pro and special invitations to irl yes real life etoro events make sure to take a look at the description for any advertising offers and to read more about our remarkable guests i’ll see you in etoro us’s club Etoro Vs Trading 212 Vs Plus500 Reddit.