Education understanding…Etoro Vs Zerodha… and once again returning to an investment thesis truthfully and saying 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 discover what it is and learn where it fits for me um i you understand naturally need to do a great deal of research study 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’m like how might i not have become aware of that but i have it and somehow it gets listed and there are probably lots of other people saying the exact same features of cryptos that i know a lot about due to the fact that i i tend to take a 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 couple of ways one is i attempt to educate myself as much as possible and then have an idea of what i like to discover and like to buy what do i like to invest in do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i don’t like to buy some that are simply simply simply you know pumps like pump plans or something i know a lot of individuals generated income on shiba inu i know a great deal of individuals earned money 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 ought to or they shouldn’t because there are a lot of individuals that have actually succeeded i pick not to do that one due to the fact that 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 occur is i’ll never ever sleep again and again from an emotional standpoint i do not desire that i i attempt to find out a fair bit about the ones that i’m interested in or learn you understand learn why i might be interested why they may have worth and honestly man it simply takes a great deal of education the other thing i’ll say about that real rapidly is you hear a great deal of people who do not comprehend a lot about crypto or or are really versus it saying saying i do not understand how there can be all these cryptocurrencies one of 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 a lot 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 okay if eth is the currency of the ethereum network so there’s a whole network there and it has to have his own it it needs to have its own currency to work effectively so it so if we feel and and look this this enters a bit of an opinion i’m a huge defy man i love decentralized finance and part of the factor is due to the fact that i’ve remained 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 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 operating on dollars working 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 fact to the assertion that since there’s all these cryptocurrencies there’s a restricted 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 again in my opinion start to begin to engulf the standard monetary system and i don’t imply that everything else is going to go away i suggest my feeling is banks and the crypto that the protocols and everything are going to start working together they’re going to begin integrating together which’s where you’re visiting a lot of this worth so there’s so much cash in the conventional finance 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 ultimately it’s just going to be called the financial system because it’s just a it’s basically a database in a network you get educated and again as soon as you get educated have a financial 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 directly communicate with our visitors using a q a and anybody or you can join etoro club and u.s club members get a lot of benefits such as an etoro boodle bag special access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and exclusive invitations to irl yes reality etoro occasions make sure to have a look at the description for any promotional offers and for more information about our fantastic guests i’ll see you in etoro us’s club Etoro Vs Zerodha.