Education understanding…Institutional Trading Bitcoin… and once again going back to an investment thesis honestly and saying i’m not going to buy anything even if i saw some man pumping it on tick tock or i saw somebody 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 understand naturally need to do a great deal of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-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 become aware of that i get a huge ego and i’m like how might i not have actually become aware of that but i have it and somehow it gets listed and there are probably tons 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 take a look at a great deal of defy things 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 couple of 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 buy what do i like to invest in do i like to invest in 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 made money on shiba inu i understand a great deal of people generated income on dogecoin that’s terrific to hear i do not want 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 great deal of people that have actually done well i select 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 because what will happen is i’ll never sleep again and again from a psychological perspective i don’t desire that i i try to learn a fair bit about the ones that i’m interested in or discover you understand learn why i might be interested why they may have worth and honestly male it simply takes a great deal of education the other thing i’ll say about that genuine quickly is you hear a lot of individuals who do not understand a lot about crypto or or are truly against it saying saying i do not understand how there can be all these cryptocurrencies one of 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 alright 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 into a bit of an opinion i’m a huge defy man i love decentralized finance and part of the reason is since i’ve been in finance for so long and i know where the inadequacies are and i know if we can take some of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be terrific the thing is the blockchain technology 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 need to have the cryptocurrency the currency of the network to make it efficient so there is to me not quite truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted 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 again in my viewpoint start to begin to swallow up the standard financial system and i do not indicate that whatever else is going to disappear i suggest my feeling is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin integrating together and that’s where you’re visiting a great deal of this worth so there’s a lot cash in the conventional 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 ultimately it’s just going to be called the monetary system since it’s simply a it’s essentially a database in a network you get educated and once again when you get educated have a financial investment thesis here’s what i like to invest in 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 guests utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of advantages such as an etoro boodle bag unique access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and unique invites to irl yes reality etoro occasions make sure to have a look at the description for any marketing offers and for more information about our amazing guests i’ll see you in etoro us’s club Institutional Trading Bitcoin.