Education understanding…Is Etoro An Exchange… and again going back to a financial investment thesis truthfully and saying i’m not going to invest in anything just because i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn 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 most likely ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being noted on some exchange and i’m and i go i have actually 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 actually heard of that but i have it and somehow it gets listed and there are most likely lots of other individuals saying the very same aspects of cryptos that i understand a lot about because i i tend to take a look at a great deal of defy things 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 methods one is i try to inform myself as much as possible and after that have a concept of what i like to learn 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 comprehending those i don’t like to purchase some that are just just purely you understand pumps like pump schemes or something i know a great deal of individuals made money on shiba inu i understand a great deal of individuals earned 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 anybody they need to or they should not because there are a great deal of people that have actually succeeded i choose not to do that one because 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 get up and i’m down here since what will happen is i’ll never sleep again and again from an emotional viewpoint i do not want that i i try to find out quite a bit about the ones that i have an interest in or discover you understand learn why i might be interested why they might have worth and truthfully man it simply takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are actually versus it stating saying i don’t understand how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or a lot of them can exist on their own many of them are a currency that is for a specific 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 financial 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 function efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy guy i love decentralized financing and part of the factor is since i’ve been in finance for so long and i understand where the inadequacies are and i understand if we can take some of those ineffectiveness out of the system and we can utilize blockchain innovation to do it that would be terrific 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 effective operating 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 very much fact to the assertion that since there’s all these cryptocurrencies there’s a restricted 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 viewpoint start to begin to swallow up the standard financial system and i don’t imply that whatever else is going to disappear i suggest my sensation is banks and the crypto that the procedures and whatever are going to begin collaborating they’re going to start integrating together which’s where you’re going to see a great deal of this worth so there’s so much money in the traditional financing system that’s going to make its method into what we currently call the crypto system or the
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Defi system and eventually it’s just going to be called the monetary system since it’s just a it’s essentially a database in a network you get informed and again as soon as you get informed have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly connect with our visitors utilizing a q a and anyone or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and unique invitations to irl yes real life etoro occasions be sure to take a look at the description for any advertising offers and to find out more about our remarkable guests i’ll see you in etoro us’s club Is Etoro An Exchange.