Education understanding…How To Turn On Cryptocurrency Trading Robinhood… and once again returning to an investment thesis truthfully and stating i’m not going to buy anything even if i saw some guy 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 suitables for me um i you know obviously need 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 each week i see a new one being listed on some exchange and i’m and i go i’ve never ever even i can’t think i have actually never become aware of that i get a huge ego and i’m like how might i not have become aware of that but i have it and in some way it gets listed and there are probably lots of other people saying the very same aspects of cryptos that i know a lot about due to the fact that i i tend to look at a great deal of defy stuff 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 ways one is i try to inform myself as much as possible and after that have an idea of what i like to learn more about and like to purchase what do i like to buy do i like to purchase the ones that have some sort of capital or liquidity procedure or something like that so understanding those i do not like to buy some that are simply simply purely you understand pumps like pump plans or something i understand a great deal of people generated income on shiba inu i understand a lot of people made money 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 done well i choose not to do that a person because 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 since what will occur is i’ll never ever sleep again and again from a psychological standpoint i do not desire that i i attempt to discover quite a bit about the ones that i’m interested in or learn you know discover why i might be interested why they may have worth and honestly man it just takes a lot of education the other thing i’ll state about that genuine quickly is you hear a great deal of people who do not comprehend a lot about crypto or or are actually versus it stating saying i do not comprehend how there can be all these cryptocurrencies among them has to win but that’s that’s not the case they are all they they can or a number of them can exist on their own a number 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 economic 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 needs to have its own currency to operate efficiently so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy guy i love decentralized financing and part of the reason is due to the fact that i have actually remained in financing for so long and i know where the ineffectiveness are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be terrific the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually efficient working on dollars working on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much truth to the assertion that because 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 start to engulf the standard monetary system and i don’t indicate 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 working together they’re going to start incorporating together and that’s where you’re visiting a great deal of this worth so there’s so much money in the traditional 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 due to the fact that it’s just a it’s basically a database in a network you get informed and again as soon as you get informed have a financial investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar specifically relayed for etoro us club members our webinars let members directly interact with our visitors using a q a and any person or you can sign up with etoro club and u.s club members get a lot of benefits such as an etoro swag bag exclusive access to our monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invites to irl yes real life etoro events make sure to have a look at the description for any promotional deals and to get more information about our incredible visitors i’ll see you in etoro us’s club How To Turn On Cryptocurrency Trading Robinhood.