Education understanding…Is Etoro Server Down… and once again returning to a financial investment thesis truthfully and stating i’m not going to invest in anything just because i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and find out what it is and discover where it suitables 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 weekly i see a new one being noted on some exchange and i’m and i go i’ve never ever even i can’t think i have actually never heard of that i get a huge ego and i’m like how could i not have become aware of that however i have it and somehow it gets listed and there are probably tons of other people stating the same things about cryptos that i understand a lot about since i i tend to look at a great deal of defy stuff i tend to look a lot of those tokens so the the method 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 learn more about and like to purchase what do i like to purchase do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to invest in some that are simply just purely you know pumps like pump schemes or something i understand a lot of people made money on shiba inu i understand a great deal of people made money on dogecoin that’s terrific to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anybody they ought to or they should not because there are a lot of individuals that have actually succeeded i pick not to do that one because they’re they trade keep in mind 24 7 365.
i do not want to go to bed one night and i’m up here and awaken and i’m down here because what will take place is i’ll never ever sleep again and again from an emotional perspective 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 know discover why i might be interested why they might have value and honestly guy it just takes a whole lot of education the other thing i’ll say about that genuine quickly is you hear a lot of people who do not understand a lot about crypto or or are really versus it saying saying i do not understand how there can be all these cryptocurrencies among them needs to win however that’s that’s not the case they are all they they can or a number 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 needs to have his own it it requires to have its own currency to function efficiently so it so if we feel and and look this this enters a bit of an opinion i’m a big defy guy i love decentralized finance and part of the factor is since i’ve remained in financing for so long and i understand where the inadequacies are and i know if we can take a few of those inadequacies out of the system and we can utilize blockchain technology to do it that would be fantastic the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be actually effective working on dollars running 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 fact to the assertion that since there’s all these cryptocurrencies there’s a minimal quantity of dollars that’s going to go 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 monetary system and i don’t imply that everything else is going to disappear i indicate my feeling is banks and the crypto that the protocols and everything are going to begin working together they’re going to begin incorporating together which’s where you’re going to see a lot of this value so there’s so much cash in the traditional finance system that’s going to make its way 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 because it’s simply a it’s basically a database in a network you get educated and again as soon as you get educated have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members straight interact with our visitors using a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our 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 special invites to irl yes real life etoro occasions make sure to take a look at the description for any advertising offers and to read more about our incredible visitors i’ll see you in etoro us’s club Is Etoro Server Down.