Education understanding…How Many Bitcoin Trades Can You Make On Robinhood… and again going back to a financial investment thesis truthfully and stating 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 and learn what it is and discover where it suitables for me um i you understand obviously have to do a great deal of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every 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 have actually never ever become aware 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 noted and there are most likely lots of other individuals stating the exact same aspects of cryptos that i understand a lot about due to the fact that i i tend to look at a lot of defy things i tend to look a lot of those tokens so the the way i look at it is one there are a couple of ways one is i try to educate myself as much as possible and after that have a concept of what i like to discover and like to purchase what do i like to purchase do i like to purchase the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i don’t like to purchase some that are simply just simply you know pumps like pump plans or something i know a lot of individuals generated income on shiba inu i understand a great deal of individuals generated income on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i select not to and i’m not telling anybody they ought 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 due to the fact that they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and wake up and i’m down here since what will occur is i’ll never sleep again and again from a psychological standpoint i do not desire that i i attempt to discover a fair bit about the ones that i’m interested in or learn you understand learn why i might be interested why they may have value and honestly male it simply takes a lot of education the other thing i’ll say about that genuine quickly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are truly against it stating stating i don’t understand how there can be all these cryptocurrencies one of 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 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 fine if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it needs to have its own currency to function efficiently so it so if we feel and and look this this enters a little bit of an opinion i’m a big defy guy i love decentralized financing and part of the reason is due to the fact that i’ve been in financing for so long and i understand where the inefficiencies are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain technology to do it that would be excellent the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be truly effective running on dollars operating 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 limited 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 engulf the standard monetary system and i don’t mean that everything else is going to disappear i indicate my feeling is banks and the crypto that the procedures and whatever are going to start interacting they’re going to begin incorporating together and that’s where you’re visiting a good deal of this worth so there’s a lot money in the conventional 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 eventually it’s simply going to be called the monetary system because it’s simply a it’s basically a database in a network you get informed and again when 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 broadcast for etoro us club members our webinars let members directly engage with our guests utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of advantages such as an etoro boodle bag exclusive access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes reality etoro events make sure to check out the description for any promotional deals and to get more information about our incredible guests i’ll see you in etoro us’s club How Many Bitcoin Trades Can You Make On Robinhood.