Education understanding…Japan Etoro… and once again going back to a financial investment thesis honestly and stating i’m not going to invest in anything even if i saw some dude 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 find out where it suitables for me um i you know naturally need to do a lot of research study 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 even i can’t think i’ve never heard of that i get a huge ego and i resemble 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 individuals saying the exact same aspects of cryptos that i know 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 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 inform myself as much as possible and then have an idea of what i like to find out about and like to invest in what do i like to buy do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to buy some that are just just simply you know pumps like pump schemes or something i understand a lot of individuals made money on shiba inu i know a lot of people earned money on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they ought to or they should not because there are a lot of people that have actually succeeded i choose not to do that a person since they’re they trade keep in mind 24 7 365.
i do not wish to go to sleep one night and i’m up here and awaken and i’m down here due to the fact that what will occur is i’ll never ever sleep again and again from an emotional standpoint i do not want that i i try to discover a fair bit about the ones that i have an interest in or learn you understand find out why i might be interested why they may have worth and truthfully man it simply takes a great deal of education the other thing i’ll say about that real quickly is you hear a lot of people who do not comprehend a lot about crypto or or are actually against it stating stating 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 many of them can exist on their own a number of them are a currency that is for a particular 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 work effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a big defy man i love decentralized finance and part of the factor is since i have actually remained in finance 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 use blockchain technology to do it that would be great 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 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 truth to the assertion that since there’s all these cryptocurrencies there’s a limited 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 once again in my viewpoint start to begin to engulf the traditional monetary system and i don’t indicate that whatever else is going to disappear i imply my feeling is banks and the crypto that the procedures and whatever are going to begin working together they’re going to begin integrating together and that’s where you’re going to see a lot of this worth so there’s so much money in the conventional financing 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 just a it’s basically a database in a network you get educated and once again once you get educated have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members straight engage with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of advantages such as an etoro boodle bag special access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes reality etoro events be sure to take a look at the description for any promotional offers and to find out more about our amazing visitors i’ll see you in etoro us’s club Japan Etoro.