Education understanding…Etoro Walet Destination Tag… and once again going back to a financial investment thesis truthfully and stating i’m not going to invest in anything just because i saw some man 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 know obviously have to do a great deal of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh every week i see a brand-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 ever become aware of that i get a big ego and i resemble how might i not have actually heard of that however i have it and somehow it gets noted and there are probably lots of other individuals saying the exact same features of cryptos that i understand 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 way i look at it is one there are a few methods one is i try to educate myself as much as possible and after that have an idea of what i like to learn about and like to invest in what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to buy some that are just simply purely you know pumps like pump plans or something i understand a lot of individuals generated income on shiba inu i understand a great deal of people 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 anyone they ought to or they should not because there are a lot of individuals that have succeeded i select 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 awaken and i’m down here because what will happen is i’ll never ever sleep again and again from an emotional standpoint i don’t want that i i attempt to learn quite a 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 honestly man it simply takes a whole lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who do not understand a lot about crypto or or are truly against it saying saying i do not 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 many of them can exist on their own a number 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 all right 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 requires to have its own currency to operate efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy person i love decentralized finance and part of the reason is because i’ve been in finance for so long and i know where the inadequacies are and i know if we can take some of those inefficiencies out of the system and we can use blockchain innovation to do it that would be terrific the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really efficient working on dollars operating 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 reality to the assertion that since there’s all these cryptocurrencies there’s a limited quantity 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 viewpoint start to begin to engulf the standard financial 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 whatever are going to begin collaborating they’re going to start integrating together which’s where you’re going to see a good deal of this worth so there’s a lot cash in the standard financing system that’s going to make its way into what we presently call the crypto system or the
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Defi system and eventually it’s simply going to be called the financial system because it’s simply a it’s essentially a database in a network you get informed and again once you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members directly interact with our visitors utilizing a q a and anybody or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invites to irl yes reality etoro events make sure to check out the description for any marketing deals and to read more about our incredible visitors i’ll see you in etoro us’s club Etoro Walet Destination Tag.