Education understanding…How Many Trades Per Day Etoro… and once again returning to an investment thesis honestly and saying i’m not going to buy anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and discover what it is and learn where it fits for me um i you understand naturally have to do a great deal of research 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’ve never even i can’t think i’ve never 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 probably tons of other people stating the same aspects of cryptos that i understand 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 way i take a look at it is one there are a few ways one is i attempt to inform myself as much as possible and then have an idea of what i like to discover and like to buy what do i like to invest in do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to invest in some that are simply simply simply you understand pumps like pump schemes or something i know a great deal of individuals earned money on shiba inu i understand a great deal of people generated income on dogecoin that’s fantastic to hear i do not want to do that that that’s not me i pick not to and i’m not telling anyone they ought to or they should not because there are a lot of individuals that have actually succeeded i select not to do that a person since they’re they trade keep in mind 24 7 365.
i do not wish 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 ever sleep again and again from an emotional perspective i don’t desire that i i attempt to discover quite a bit about the ones that i have an interest in or discover you understand discover why i might be interested why they may have worth and honestly guy it simply takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a lot of people who do not understand a lot about crypto or or are really against it saying stating i do not comprehend how there can be all these cryptocurrencies among them needs 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 much 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 financial network all right 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 needs 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 huge defy man i love decentralized finance and part of the reason is because i’ve been in financing for so long and i know where the inadequacies 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 effective without the currency that runs the network you can’t have the blockchain technology be truly efficient operating on dollars working 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 quite truth 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 determine which one’s going to be the winner it is going to once again in my opinion start to start to engulf the conventional monetary system and i do not suggest that whatever else is going to disappear i suggest my sensation is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to start incorporating together and that’s where you’re going to see a lot of this value so there’s so much money in the conventional financing system that’s going to make its way into what we currently call the crypto system or the
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Defi system and ultimately it’s just going to be called the financial system since it’s just a it’s basically a database in a network you get informed and once again as soon as you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly interact 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 benefits such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invites to irl yes real life etoro events make certain to have a look at the description for any advertising offers and to get more information about our incredible visitors i’ll see you in etoro us’s club How Many Trades Per Day Etoro.