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Education understanding…Etoro You Are Buying The Underlying Asset… 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 study and learn what it is and discover where it fits for me um i you know naturally have to do a 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 every week i see a new one being listed on some exchange and i’m and i go i’ve never ever even i can’t believe i’ve never heard of that i get a huge ego and i’m like how could i not have heard of that but i have it and in some way it gets noted and there are most likely tons of other people saying the same things about cryptos that i understand a lot about due to the fact that i i tend to look at a lot of defy stuff i tend to look a great deal of those tokens so the the way i take a look at it is one there are a few methods one is i attempt to educate myself as much as possible and then have an idea of what i like to learn about and like to purchase what do i like to purchase do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to buy some that are simply simply simply you understand pumps like pump plans or something i know a lot of people earned money on shiba inu i understand a great deal of individuals made money on dogecoin that’s terrific to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they must or they should not because there are a lot of people that have done well i pick not to do that a person because 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 wake up and i’m down here because what will take place is i’ll never ever sleep again and again from a psychological standpoint i do not want that i i attempt to discover quite a bit about the ones that i’m interested in or learn you understand find out why i might be interested why they might have value and honestly man it simply takes a lot of education the other thing i’ll say about that real quickly is you hear a great deal of individuals who don’t comprehend a lot about crypto or or are actually against it stating saying i don’t understand how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or a lot of them can exist on their own many 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 okay 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 needs to have its own currency to function 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 due to the fact that i have actually remained in finance for so long and i know where the ineffectiveness are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be great 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 really effective 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 efficient 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 once again in my viewpoint start to begin to swallow up the traditional monetary system and i do not imply that whatever else is going to go away i mean my feeling is banks and the crypto that the procedures and everything are going to begin working together they’re going to start incorporating together and that’s where you’re visiting a good deal of this value so there’s a lot cash in the traditional financing system that’s going to make its method into what we currently call the crypto system or the

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Defi system and eventually it’s just going to be called the financial system since it’s simply a it’s basically 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 invest in here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members straight engage with our guests 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 special access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and special invitations to irl yes real life etoro events be sure to have a look at the description for any promotional offers and to learn more about our fantastic visitors i’ll see you in etoro us’s club Etoro You Are Buying The Underlying Asset.