Education understanding…Etoro Wallet Ledger Nano S… and again returning to an investment thesis truthfully and stating i’m not going to invest in anything just because i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and find out what it is and learn where it suitables for me um i you know of course have 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 each week i see a brand-new one being listed on some exchange and i’m and i go i’ve never ever even i can’t think i’ve never ever become aware of that i get a huge ego and i resemble how might i not have become aware of that however 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 understand a lot about because i i tend to 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 ways 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 invest in 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 do not like to purchase some that are just just purely you understand pumps like pump schemes or something i know a great deal of people earned money on shiba inu i know a great deal of individuals earned money on dogecoin that’s fantastic 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 need to or they should not because there are a great deal of people 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 don’t wish 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 an emotional standpoint i do not want that i i try to learn 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 male it just takes a whole lot of education the other thing i’ll state about that real quickly is you hear a lot of individuals who do not comprehend a lot about crypto or or are actually versus it saying stating 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 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 fine if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it requires to have its own currency to operate effectively so it so if we feel and and look this this enters a little bit of a viewpoint i’m a big defy guy i love decentralized finance and part of the reason is since i’ve remained in financing for so long and i know where the inadequacies are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain innovation 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 effective working on dollars working 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 since there’s all these cryptocurrencies there’s a limited quantity of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to begin to swallow up the conventional financial system and i don’t indicate that whatever else is going to disappear i imply my feeling is banks and the crypto that the protocols and whatever are going to begin interacting they’re going to begin integrating together which’s where you’re going to see a good deal of this worth so there’s so much money in the conventional finance system that’s going to make its method into what we presently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the financial system since it’s just a it’s essentially a database in a network you get informed and once again when you get educated 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 exclusively relayed for etoro us club members our webinars let members directly connect with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of benefits such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and special invitations to irl yes reality etoro events make sure to have a look at the description for any promotional offers and to read more about our remarkable guests i’ll see you in etoro us’s club Etoro Wallet Ledger Nano S.