Education understanding…How Do I Change The Leverage For My Account In Etoro… and once again returning to an investment thesis truthfully and saying i’m not going to buy anything just because i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and discover what it is and discover where it fits for me um i you understand naturally need to do a great deal 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 even i can’t believe i have actually never become aware of that i get a big ego and i’m like how might i not have heard of that however i have it and somehow it gets noted and there are probably tons of other people saying the exact same aspects of cryptos that i know a lot about since i i tend to look at a great deal of defy stuff 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 ways one is i attempt to educate myself as much as possible and after that have an idea of what i like to learn more about and like to invest in what do i like to buy do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i do not like to buy some that are simply simply simply you know pumps like pump schemes or something i understand a lot of people earned money on shiba inu i understand a lot of individuals made money on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anybody they ought to or they shouldn’t because there are a great deal of individuals that have succeeded i select not to do that a person due to the fact that they’re they trade remember 24 7 365.
i do not wish 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 take place is i’ll never ever sleep again and again from a psychological standpoint i don’t desire that i i attempt to find out quite a bit about the ones that i have an interest in or learn you know discover why i might be interested why they may have value and truthfully man it just takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who do not comprehend a lot about crypto or or are really against it saying stating i don’t comprehend how there can be all these cryptocurrencies among them has to win however that’s that’s not the case they are all they they can or much 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 all right 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 needs to have its own currency to function effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a big defy person i love decentralized finance and part of the reason is due to the fact that i’ve been in financing for so long and i understand where the ineffectiveness are and i understand if we can take a few of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be fantastic the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be really effective running on dollars operating 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 quite truth to the assertion that because there’s all these cryptocurrencies there’s a minimal 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 once again in my opinion start to begin to swallow up the standard financial system and i do not mean that whatever else is going to go away i imply my feeling is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin integrating together which’s where you’re visiting a lot of this value so there’s so much money in the traditional 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 ultimately it’s simply going to be called the financial system since it’s just a it’s basically a database in a network you get educated and once again as soon as you get educated have an investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members directly connect with our guests utilizing a q a and any person or you can sign up with etoro club and u.s club members get a lot of perks 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 also get things like a membership of the wall street journal delta pro and unique invitations to irl yes real life etoro events be sure to have a look at the description for any marketing deals and to find out more about our remarkable guests i’ll see you in etoro us’s club How Do I Change The Leverage For My Account In Etoro.