Education understanding…Etoro Washington State… and again returning to a financial investment thesis honestly and saying i’m not going to buy 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 and discover what it is and learn where it fits for me um i you know of course need to do a whole lot of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh each week i see a new one being listed on some exchange and i’m and i go i’ve never even i can’t believe i’ve never ever heard of that i get a big ego and i resemble how could i not have actually become aware of that however i have it and somehow it gets noted and there are most likely lots of other individuals stating the 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 few methods one is i attempt to inform myself as much as possible and after that have an idea of what i like to learn more about and like to purchase 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 buy some that are just just simply you understand pumps like pump plans or something i understand a great deal of individuals made money on shiba inu i understand a great deal of people earned money on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anyone they ought to or they shouldn’t because there are a lot of people that have actually succeeded i select not to do that one because they’re they trade keep in mind 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 happen is i’ll never ever sleep again and again from an emotional standpoint i do not want that i i attempt to discover quite a bit about the ones that i’m interested in or discover you understand find out 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 state about that genuine quickly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are truly versus it stating saying i don’t comprehend how there can be all these cryptocurrencies one of 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 many of them are a currency that is for a particular 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 financial network alright 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 requires to have its own currency to work efficiently so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a big defy man i love decentralized financing and part of the factor is due to the fact that i have actually been in financing for so long and i know where the inefficiencies are and i know if we can take some of those ineffectiveness out of the system and we can use blockchain technology to do it that would be great the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be truly efficient operating 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 truth 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 once again in my opinion start to start to engulf the standard financial system and i do not suggest that everything else is going to disappear i mean my feeling is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to start incorporating together which’s where you’re visiting a lot of this worth so there’s so much cash in the standard financing 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 eventually it’s simply going to be called the financial system since it’s simply a it’s basically a database in a network you get educated and again when you get informed have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly connect with our guests using a q a and any person or you can join etoro club and u.s club members get a lot of perks such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invites to irl yes reality etoro occasions make sure to check out the description for any promotional deals and to learn more about our fantastic visitors i’ll see you in etoro us’s club Etoro Washington State.