Education understanding…Iris Chan Etoro… and again returning to a financial investment thesis honestly and saying i’m not going to invest in 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 study and find out what it is and find out where it fits for me um i you understand of course have to do a lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a brand-new one being listed on some exchange and i’m and i go i’ve never even i can’t think i’ve never ever heard of that i get a huge ego and i’m like how could i not have actually heard of that however i have it and in some way it gets listed and there are most likely tons of other people stating the very same things about cryptos that i know a lot about since i i tend to look at a great deal of defy things i tend to look a great deal of those tokens so the the way i look at it is one there are a few methods one is i attempt to inform myself as much as possible and then have a concept of what i like to find out about and like to invest in what do i like to invest in do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to invest in some that are just just simply you know pumps like pump schemes or something i understand a great deal of people generated income on shiba inu i know a lot of individuals made money on dogecoin that’s great to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anyone they ought to or they shouldn’t because there are a great deal of individuals that have actually done well i choose not to do that one since they’re they trade remember 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 due to the fact that what will happen is i’ll never sleep again and again from an emotional viewpoint i do not want that i i try to discover a fair bit about the ones that i’m interested in or learn you understand find out 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 state about that genuine quickly is you hear a great deal of people who do not understand a lot about crypto or or are really against it saying saying i do not comprehend how there can be all these cryptocurrencies among them has to win however that’s that’s not the case they are all they they can or many of them can exist on their own many of them are a currency that is for a particular 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 has 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 a viewpoint i’m a big defy man i love decentralized finance and part of the reason is because i have actually been in finance for so long and i know where the ineffectiveness are and i know if we can take a few of those inadequacies out of the system and we can use blockchain technology to do it that would be excellent 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 actually effective running on dollars working 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 very much reality to the assertion that because there’s all these cryptocurrencies there’s a minimal 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 engulf the standard financial system and i don’t imply that everything else is going to disappear i imply my feeling is banks and the crypto that the protocols and whatever are going to begin working together they’re going to start integrating together which’s where you’re going to see a lot of this worth so there’s so much money in the traditional finance system that’s going to make its way into what we presently call the crypto system or the
What’s bad about eToro? Iris Chan Etoro
Defi system and ultimately it’s just going to be called the monetary system due to the fact that it’s simply a it’s essentially a database in a network you get informed and again when you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members directly engage with our guests using a q a and anybody or you can join etoro club and u.s club members get a lot of advantages such as an etoro swag bag exclusive 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 unique invites to irl yes reality etoro events make certain to check out the description for any marketing deals and to learn more about our remarkable visitors i’ll see you in etoro us’s club Iris Chan Etoro.