Education understanding…How To Reinvest Profits In Etoro… and again returning to a financial investment thesis honestly and saying i’m not going to purchase 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 and learn what it is and learn 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 probably 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 have actually never even i can’t believe i’ve never ever heard of that i get a big ego and i’m like how might i not have actually heard of that but i have it and in some way it gets noted and there are probably tons of other people stating the very 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 way i look at it is one there are a few ways one is i try to educate myself as much as possible and after that have a concept of what i like to learn about and like to buy what do i like to purchase do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to purchase some that are simply simply simply you know pumps like pump schemes or something i know a lot of individuals made money on shiba inu i understand a lot of individuals earned money on dogecoin that’s terrific to hear i do not want to do that that that’s not me i pick not to and i’m not telling anybody they need to or they shouldn’t because there are a great deal of individuals that have succeeded i select not to do that one because they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and get up and i’m down here since what will occur is i’ll never ever sleep again and again from an emotional standpoint i don’t desire that i i attempt to discover a fair bit about the ones that i have an interest in or learn you know find out why i might be interested why they may have worth and honestly guy it just takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a great deal of people who don’t understand a lot about crypto or or are actually against it stating stating i do not comprehend 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 much of them are a currency that is for a specific 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 an entire network there and it has to have his own it it requires to have its own currency to function effectively so it so if we feel and and look this this enters a little bit of an opinion i’m a big defy person i love decentralized finance and part of the factor is since i have actually been in finance for so long and i understand where the inadequacies 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 great 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 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 effective 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 go into them so i got to find out which one’s going to be the winner it is going to again in my viewpoint start to begin to swallow up the conventional financial system and i don’t suggest that everything else is going to go away i indicate my sensation is banks and the crypto that the protocols and everything are going to start working together they’re going to begin integrating together and that’s where you’re going to see a lot of this value so there’s a lot cash in the standard 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 educated and again as soon as you get educated have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members straight engage with our visitors utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and special invitations to irl yes real life etoro occasions make sure to have a look at the description for any promotional offers and to read more about our incredible guests i’ll see you in etoro us’s club How To Reinvest Profits In Etoro.