Education understanding…Ibit Cryptocurrency Trading… and again returning to an investment thesis truthfully and stating i’m not going to invest in anything just because i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and find out what it is and learn where it suitables for me um i you understand naturally 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 every 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 believe i have actually never become aware of that i get a huge ego and i resemble how might i not have actually heard of that but i have it and in some way it gets listed and there are most likely lots of other people stating the same features 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 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 educate myself as much as possible and after that have a concept of what i like to learn more about and like to purchase 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 understanding those i don’t like to purchase some that are just simply purely you understand pumps like pump schemes or something i know a lot of people generated income on shiba inu i understand a great deal of individuals earned money on dogecoin that’s fantastic to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anybody they should or they shouldn’t because there are a lot of individuals that have actually done well i pick not to do that one since they’re they trade remember 24 7 365.
i don’t wish to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will happen is i’ll never sleep again and again from a psychological viewpoint i do not want that i i try to find out a fair bit about the ones that i have an interest in or learn you know learn why i might be interested why they might have value and truthfully male it simply takes a whole lot of education the other thing i’ll say about that real quickly is you hear a lot of individuals who do not comprehend a lot about crypto or or are really against it stating saying i do not understand 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 a number of them can exist on their own a lot of them are a currency that is for a particular 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 okay 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 operate effectively so it so if we feel and and look this this enters a bit of an opinion i’m a huge defy guy i love decentralized financing and part of the factor is because i have actually remained in finance for so long and i know where the inadequacies are and i know if we can take a few of those inadequacies out of the system and we can use blockchain innovation to do it that would be great the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be truly efficient working on dollars running 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 reality to the assertion that since there’s all these cryptocurrencies there’s a restricted 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 opinion start to start to engulf the standard financial system and i don’t suggest that whatever else is going to go away i imply my sensation is banks and the crypto that the procedures and everything are going to start working together they’re going to start incorporating together which’s where you’re visiting a great deal of this value so there’s so much cash in the standard finance 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 simply going to be called the monetary system because it’s simply a it’s essentially a database in a network you get educated and once again when you get informed have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members directly connect with our guests using a q a and any person 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 devoted account supervisor if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and exclusive invitations to irl yes real life etoro occasions make certain to check out the description for any marketing offers and to learn more about our incredible guests i’ll see you in etoro us’s club Ibit Cryptocurrency Trading.