Education understanding…Etoro Webtrader 2.0… and again returning to a financial investment thesis honestly and saying i’m not going to invest in anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn what it is and learn where it fits for me um i you understand of course need to do a lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh each week i see a new one being noted on some exchange and i’m and i go i’ve never even i can’t believe i’ve never ever become aware of that i get a big ego and i resemble how might i not have actually become aware of that but i have it and in some way it gets listed and there are probably lots of other people saying the exact same features of cryptos that i know a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a lot of those tokens so the the method i take a look at it is one there are a couple of ways one is i try to educate myself as much as possible and then have a concept of what i like to learn more about and like to purchase what do i like to invest in do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to invest in some that are just simply purely you know pumps like pump schemes or something i know a lot of people made money on shiba inu i understand a lot of individuals generated income on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anybody they need to or they should not because there are a great deal of individuals that have done well i select not to do that a person 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 wake up and i’m down here due to the fact that what will occur is i’ll never ever sleep again and again from a psychological viewpoint i do not want that i i try to learn quite a bit about the ones that i’m interested in or learn you know find out why i might be interested why they might have value and honestly guy it just takes a whole 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 really against it stating saying i don’t understand how there can be all these cryptocurrencies among them needs to win however that’s that’s not the case they are all they they can or a number of them can exist on their own much 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 financial network okay 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 work efficiently so it so if we feel and and look this this gets into a little bit of an opinion i’m a huge defy guy i love decentralized finance and part of the reason is due to the fact that i’ve been in finance for so long and i understand where the inefficiencies 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 fantastic the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be actually effective operating on dollars working on us dollars over the banking system you have 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 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 begin to swallow up the conventional financial system and i do not imply that whatever else is going to disappear i indicate my sensation is banks and the crypto that the procedures and everything are going to start collaborating they’re going to start integrating together and that’s where you’re going to see a great deal of this value so there’s so much money in the traditional 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 eventually it’s just going to be called the financial system because it’s simply a it’s essentially a database in a network you get informed and once again once 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 specifically relayed for etoro us club members our webinars let members straight interact with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of advantages such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a devoted 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 invites to irl yes reality etoro events be sure to have a look at the description for any advertising deals and for more information about our fantastic visitors i’ll see you in etoro us’s club Etoro Webtrader 2.0.