Education understanding…How To Transfer Crypto To Etoro… and once again going back to an investment thesis truthfully and saying i’m not going to buy anything even if 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 find out what it is and discover where it suitables for me um i you know obviously have to do a lot of research 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 new one being noted on some exchange and i’m and i go i have actually never ever even i can’t believe i have actually never heard 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 lots of other people saying the same things about cryptos that i know a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a lot 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 then have an idea of what i like to discover and like to purchase what do i like to invest in do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to buy some that are simply just simply you understand pumps like pump plans or something i understand a lot of individuals made money on shiba inu i know a great deal of people made money on dogecoin that’s fantastic to hear i don’t wish 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 succeeded i pick not to do that one due to the fact that 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 wake up and i’m down here since what will take place is i’ll never sleep again and again from an emotional viewpoint i don’t want that i i attempt to learn quite a bit about the ones that i have an interest in or learn you understand discover why i might be interested why they might have worth and honestly man it simply takes a lot of education the other thing i’ll say about that genuine rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are truly versus it saying saying i do not comprehend 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 much 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 financial network okay if eth is the currency of the ethereum network so there’s an entire network there and it needs 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 into a little bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the reason is because i’ve remained in financing for so long and i know where the inefficiencies are and i understand if we can take a few of those inefficiencies out of the system and we can use blockchain innovation to do it that would be terrific 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 working 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 reality to the assertion that since there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to once again in my viewpoint start to start to engulf the conventional financial system and i don’t mean that everything else is going to go away i mean my sensation is banks and the crypto that the procedures and everything are going to begin working together they’re going to start integrating together and that’s where you’re going to see a lot of this value so there’s so much money in the standard 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 simply a it’s essentially a database in a network you get educated and again once 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 exclusively broadcast for etoro us club members our webinars let members straight interact with our visitors using a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro boodle bag unique access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes real life etoro occasions make sure to check out the description for any promotional deals and to get more information about our amazing guests i’ll see you in etoro us’s club How To Transfer Crypto To Etoro.