Education understanding…Is Etoro Secure… and again returning to a financial investment thesis truthfully and stating i’m not going to buy 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 study and discover what it is and find out where it suitables for me um i you understand naturally have to do a great deal of research study i can’t stay up to date with most likely 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 have actually never even i can’t think i’ve never ever become aware of that i get a big ego and i’m like how could i not have become aware of that but i have it and in some way it gets noted and there are probably lots of other individuals saying the very same aspects of cryptos that i understand a lot about due to the fact that i i tend to take a look at a lot of defy things i tend to look a lot of those tokens so the the way i take a look at it is one there are a couple of ways one is i try to inform myself as much as possible and then have an idea of what i like to discover and like to buy 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 comprehending those i don’t like to invest in some that are simply simply purely you know pumps like pump plans or something i understand a lot of individuals made money on shiba inu i know a lot of individuals made money on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anybody they ought to or they should not because there are a lot of people that have actually succeeded i select not to do that a person due to the fact that they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and wake up and i’m down here due to the fact that what will take place is i’ll never sleep again and again from a psychological standpoint i do not desire that i i try to discover quite a bit about the ones that i’m interested in or discover you know discover why i might be interested why they might have value and honestly guy it simply takes a lot of education the other thing i’ll say about that genuine rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are truly against it saying saying i do not comprehend how there can be all these cryptocurrencies among them has to win but that’s that’s not the case they are all they they can or much of them can exist on their own a lot 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 a whole network there and it needs to have his own it it needs to have its own currency to function effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a big defy guy i love decentralized finance and part of the reason is since i have actually been in financing for so long and i know where the inefficiencies are and i understand if we can take a few of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be excellent the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly effective running on dollars running on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to once again in my viewpoint start to start to engulf the traditional financial system and i do not suggest that whatever else is going to go away i mean my feeling is banks and the crypto that the protocols and whatever are going to begin interacting they’re going to begin integrating together and that’s where you’re going to see a lot of this value so there’s a lot money in the standard finance system that’s going to make its method into what we presently call the crypto system or the
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Defi system and eventually it’s just going to be called the monetary system because it’s simply 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 invest in here’s what i do not this is a clip from our webinar solely relayed for etoro us club members our webinars let members straight engage with our visitors utilizing 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 exclusive access to our monthly webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and special invites to irl yes real life etoro events be sure to have a look at the description for any advertising deals and to read more about our remarkable guests i’ll see you in etoro us’s club Is Etoro Secure.