Education understanding…How High Will Etherum Go… and again returning to a financial investment thesis honestly and saying i’m not going to invest in anything just because i saw some man 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 learn where it suitables for me um i you know of course 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 each week i see a brand-new one being noted on some exchange and i’m and i go i’ve never even i can’t think i’ve never heard of that i get a huge ego and i’m like how might i not have actually heard of that but i have it and somehow it gets listed and there are most likely tons of other people saying the exact same features of cryptos that i know a lot about because i i tend to look at a great deal of defy things 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 methods one is i try to educate myself as much as possible and then have a concept 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 comprehending those i do not like to purchase some that are simply simply purely you know pumps like pump schemes or something i understand a lot of individuals made money on shiba inu i understand a lot of people made money on dogecoin that’s excellent to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they should or they shouldn’t because there are a great deal of individuals that have actually succeeded i select not to do that one due to the fact that they’re they trade keep in mind 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 a psychological viewpoint i don’t want that i i try to find out a fair bit about the ones that i’m interested in or discover you know discover why i might be interested why they may have value and honestly guy it simply takes a lot of education the other thing i’ll say about that real quickly is you hear a great deal of people who don’t comprehend a lot about crypto or or are really against it saying saying i do not understand how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or a lot of them can exist on their own a lot 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 a whole network there and it has to have his own it it requires to have its own currency to function efficiently so it so if we feel and and look this this enters into a bit of an opinion i’m a big defy guy i love decentralized finance and part of the factor is since i’ve been in financing for so long and i understand where the inadequacies are and i know if we can take some of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be terrific the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be actually effective 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 minimal amount of dollars that’s going to go 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 engulf the conventional financial system and i do not mean that everything else is going to go away i suggest my sensation is banks and the crypto that the protocols and whatever are going to start interacting they’re going to begin incorporating 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 way 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 do not this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members straight connect with our visitors using a q a and any person or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique 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 membership of the wall street journal delta pro and exclusive invitations to irl yes real life etoro occasions be sure to check out the description for any advertising offers and to read more about our remarkable visitors i’ll see you in etoro us’s club How High Will Etherum Go.