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Education understanding…Etoro Wallet Sito… and again returning to an investment thesis honestly and saying i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and find out what it is and learn where it fits for me um i you understand of course need to do a great deal of research i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being noted on some exchange and i’m and i go i’ve never 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 actually heard of that however i have it and in some way it gets listed and there are most likely tons of other people saying the exact same features of cryptos that i know a lot about since i i tend to look at a lot of defy things i tend to look a lot of those tokens so the the way i take a 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 a concept of what i like to learn more about and like to buy what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to buy some that are just just simply you know pumps like pump schemes or something i know a great deal of individuals generated income on shiba inu i know a lot of individuals earned money on dogecoin that’s great to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anyone they should or they shouldn’t because there are a great deal of individuals that have done well i select not to do that one because they’re they trade remember 24 7 365.

 

 

i don’t want to go to sleep one night and i’m up here and awaken and i’m down here because what will occur is i’ll never ever sleep again and again from a psychological perspective i don’t desire that i i try to find out a fair bit about the ones that i have an interest in or discover you understand find out why i might be interested why they may have value and truthfully male it simply takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a lot of people who do not understand a lot about crypto or or are actually versus it saying saying i do not comprehend how there can be all these cryptocurrencies among them needs 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 a lot 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 financial network fine 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 requires to have its own currency to function effectively so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy guy i love decentralized financing and part of the factor is since i have actually been in finance for so long and i understand where the inadequacies are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be terrific the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be truly effective working on dollars working on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much fact to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited amount 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 opinion start to start to swallow up the conventional financial system and i don’t suggest that whatever else is going to go away i suggest my sensation is banks and the crypto that the protocols and whatever are going to begin interacting they’re going to begin integrating together and that’s where you’re visiting a lot of this value so there’s so much money in the conventional financing 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 simply going to be called the monetary system since it’s simply a it’s basically a database in a network you get informed and again as soon as you get informed have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members straight communicate with our visitors using 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 swag bag special access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and unique invitations to irl yes real life etoro events make sure to take a look at the description for any marketing offers and to get more information about our fantastic visitors i’ll see you in etoro us’s club Etoro Wallet Sito.