Education understanding…Etoro Where Is My Account Number… and again going back to an investment thesis truthfully and saying 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 learn what it is and discover where it fits for me um i you understand naturally have to do a whole lot of research study i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a 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 heard of that i get a big ego and i’m like how might i not have become aware of that however i have it and somehow it gets listed and there are probably tons of other individuals saying the same things about cryptos that i understand a lot about due to the fact that i i tend to take a look at a lot of defy stuff i tend to look a lot of those tokens so the the method i look at it is one there are a couple of methods one is i attempt to educate myself as much as possible and after that have a concept of what i like to find out about and like to buy what do i like to purchase 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 invest in some that are just just purely you know pumps like pump plans or something i understand a lot of people made money on shiba inu i understand 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 anybody they must or they shouldn’t because there are a lot of people that have actually done well i pick not to do that one due to the fact that they’re they trade remember 24 7 365.
i do not want to go to sleep one night and i’m up here and get up and i’m down here because what will happen is i’ll never sleep again and again from an emotional viewpoint i don’t want that i i try to discover a fair bit about the ones that i’m interested in or discover you know find out why i might be interested why they might have value and honestly man it just 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 comprehend a lot about crypto or or are actually versus it saying stating i don’t comprehend 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 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 economic network fine 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 work effectively so it so if we feel and and look this this gets into a little bit of a viewpoint i’m a big defy guy i love decentralized finance and part of the factor is since i have actually been in finance for so long and i know where the inefficiencies are and i know if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be fantastic the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly efficient operating on dollars working on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it effective so there is to me not very much fact to the assertion that since there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to enter into them so i got to figure out which one’s going to be the winner it is going to again in my opinion start to start to swallow up the traditional financial system and i don’t imply that everything else is going to disappear i imply my feeling is banks and the crypto that the procedures and everything are going to start interacting they’re going to begin integrating together which’s where you’re going to see a good deal of this value so there’s a lot cash in the traditional 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 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 once 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 exclusively broadcast for etoro us club members our webinars let members straight interact with our visitors utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro swag bag unique access to our monthly 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 special invitations to irl yes real life etoro occasions be sure to have a look at the description for any promotional offers and to learn more about our amazing guests i’ll see you in etoro us’s club Etoro Where Is My Account Number.