Education understanding…Korea Ban Trading Cryptocurrency… and once again going back to an investment thesis truthfully and saying i’m not going to invest in anything even if 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 discover what it is and learn where it fits for me um i you know naturally need to do a great deal of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t think i’ve never heard of that i get a big ego and i’m like how could i not have become aware of that however i have it and in some way it gets noted and there are probably tons of other people saying the very same aspects of cryptos that i know a lot about due to the fact that i i tend to 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 couple of ways one is i attempt to inform myself as much as possible and after that have a concept of what i like to find out about and like to invest in 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 understanding those i don’t like to purchase some that are simply just simply you understand pumps like pump plans or something i understand a great deal of individuals made money on shiba inu i know a great deal of individuals made money on dogecoin that’s excellent 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 must or they shouldn’t because there are a great deal of individuals that have actually done well i pick not to do that one due to the fact that they’re they trade remember 24 7 365.
i don’t wish to go to bed one night and i’m up here and awaken and i’m down here because what will occur is i’ll never sleep again and again from an emotional perspective i do not desire that i i attempt to discover a fair bit about the ones that i have an interest in or learn you know learn why i might be interested why they might have value and honestly guy it just takes a lot of education the other thing i’ll say about that real rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are actually against it stating saying i do not comprehend how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or a lot of them can exist on their own much 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 all right 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 an opinion i’m a big defy guy i love decentralized financing and part of the reason is due to the fact that i have actually remained in financing for so long and i know where the inadequacies are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain innovation 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 technology be really effective operating on dollars operating 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 quite truth to the assertion that because there’s all these cryptocurrencies there’s a minimal 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 begin to engulf the standard monetary system and i don’t mean that whatever else is going to go away i imply my feeling is banks and the crypto that the protocols and everything are going to begin interacting they’re going to begin incorporating together which’s where you’re visiting a great deal of this worth so there’s a lot money in the conventional financing 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 eventually 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 educated and again once you get informed have a financial investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar solely broadcast for etoro us club members our webinars let members directly interact with our visitors using a q a and anybody or you can join etoro club and u.s club members get a bunch of benefits such as an etoro boodle bag exclusive access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and special invitations to irl yes reality etoro occasions be sure to check out the description for any promotional deals and to get more information about our incredible guests i’ll see you in etoro us’s club Korea Ban Trading Cryptocurrency.