Education understanding…Level2 Etoro… and once again going back to an investment thesis honestly and saying i’m not going to buy anything even if 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 learn where it suitables for me um i you understand of course need to do a whole lot of research i can’t keep up with probably 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 have actually never ever even i can’t believe i have actually never heard of that i get a huge ego and i resemble how could i not have actually heard of that but i have it and in some way it gets listed and there are probably lots of other people saying the exact 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 few methods one is i attempt to educate myself as much as possible and after that have an idea of what i like to learn about and like to invest in what do i like to purchase 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 buy some that are simply just purely you know pumps like pump schemes or something i know a great deal of individuals made money on shiba inu i understand a lot of people made money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anybody they must or they should not because there are a great deal of individuals that have succeeded i select 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 wake up and i’m down here since what will take place is i’ll never ever sleep again and again from a psychological viewpoint 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 know learn why i might be interested why they might have worth and truthfully guy it just takes a lot of education the other thing i’ll say about that real quickly is you hear a great deal of individuals who don’t understand a lot about crypto or or are really versus it stating saying i don’t understand how there can be all these cryptocurrencies one of them has 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 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 alright 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 operate effectively so it so if we feel and and look this this gets into a little bit of an opinion i’m a big defy guy i love decentralized finance and part of the reason is because i have actually remained in financing for so long and i understand where the ineffectiveness are and i understand if we can take a few of those inadequacies 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 truly effective working on dollars operating 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 restricted 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 again in my opinion start to start to swallow up the standard monetary system and i do not suggest that everything else is going to disappear i imply my feeling is banks and the crypto that the procedures and everything are going to start collaborating they’re going to start integrating together and that’s where you’re going to see a lot of this worth so there’s so much cash in the conventional 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 financial system because it’s simply a it’s basically a database in a network you get educated and once again once you get educated have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members straight connect with our visitors utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our higher 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 make certain to take a look at the description for any promotional deals and to learn more about our remarkable guests i’ll see you in etoro us’s club Level2 Etoro.