Education understanding…Is Etoro A Safe Broker… and once again returning to an investment thesis honestly and saying i’m not going to invest in anything just because i saw some man 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 find out where it fits for me um i you understand obviously need to do a great deal 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 listed on some exchange and i’m and i go i have actually never ever even i can’t think i’ve never ever heard of that i get a big ego and i resemble how could i not have actually heard of that but i have it and in some way it gets listed and there are most likely tons of other people stating the same things about cryptos that i understand a lot about because i i tend to take a look at a lot of defy stuff i tend to look a great deal 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 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 capital or liquidity procedure or something like that so comprehending those i do not like to buy some that are just simply simply you know pumps like pump schemes or something i understand a lot of individuals earned money on shiba inu i know a great deal of people generated income on dogecoin that’s great to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they should or they should not because there are a great deal of people that have actually done well i choose not to do that one since they’re they trade keep in mind 24 7 365.
i don’t want to go to bed one night and i’m up here and wake up and i’m down here since what will happen is i’ll never ever sleep again and again from a psychological standpoint i do not desire that i i try to learn quite a bit about the ones that i’m interested in or discover you understand discover why i might be interested why they may have worth and truthfully man it simply takes a lot of education the other thing i’ll state about that genuine quickly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are really versus it saying stating i don’t 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 much of them can exist on their own many 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 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 into a little bit of an opinion i’m a huge defy man i love decentralized financing and part of the factor is since i’ve been in finance for so long and i know where the inadequacies are and i know if we can take a few of those inefficiencies out of the system and we can utilize 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 actually efficient 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 truth to the assertion that because 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 swallow up the conventional financial system and i do not mean that whatever else is going to disappear i imply my sensation is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to start integrating together which’s where you’re visiting a great deal of this value so there’s a lot cash in the conventional finance 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 simply going to be called the financial system since it’s simply 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 do not this is a clip from our webinar solely broadcast for etoro us club members our webinars let members directly engage 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 lot of perks such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro occasions be sure to have a look at the description for any marketing offers and to read more about our amazing guests i’ll see you in etoro us’s club Is Etoro A Safe Broker.