Education understanding…Lithium Stocks Traded By Etoro… and again going back to an investment thesis truthfully and saying i’m not going to buy 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 know obviously have to do a whole lot 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 each week i see a new one being listed on some exchange and i’m and i go i’ve never even i can’t think i have actually never become aware of that i get a huge ego and i resemble how might i not have heard of that but i have it and somehow it gets listed and there are probably lots of other individuals stating the exact same aspects of cryptos that i know a lot about since i i tend to take a look at a lot of defy stuff i tend to look a lot of those tokens so the the way i look at it is one there are a couple of methods one is i try to educate myself as much as possible and after that have a concept of what i like to learn about and like to purchase what do i like to invest in do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i don’t like to invest in some that are just simply simply you understand pumps like pump schemes or something i understand a great deal of individuals generated income on shiba inu i know a lot of individuals generated income 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 need to or they shouldn’t because there are a great deal of individuals that have done well i choose not to do that one since they’re they trade keep in mind 24 7 365.
i don’t want to go to sleep one night and i’m up here and wake up and i’m down here because what will occur is i’ll never sleep again and again from an emotional standpoint i do not desire that i i try to learn a fair bit about the ones that i’m interested in or discover you know learn why i might be interested why they might have value and honestly male it just takes a great deal of education the other thing i’ll say about that real quickly is you hear a lot of individuals who do not understand a lot about crypto or or are really against it saying 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 a lot of them can exist on their own much 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 a whole network there and it needs to have his own it it needs to have its own currency to work effectively so it so if we feel and and look this this enters a bit of an opinion i’m a huge defy person i love decentralized finance and part of the factor is due to the fact that i have actually been in finance for so long and i understand where the inefficiencies are and i know if we can take a few of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be great the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually effective running on dollars working 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 reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited amount 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 opinion start to begin to engulf the standard financial system and i don’t mean that whatever else is going to go away i mean my feeling is banks and the crypto that the protocols and everything are going to start collaborating they’re going to begin incorporating together which’s where you’re going to see a great deal of this worth so there’s so much 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 simply going to be called the financial system since it’s just a it’s essentially 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 purchase 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 communicate with our guests utilizing a q a and anybody or you can join etoro club and u.s club members get a bunch of advantages such as an etoro boodle bag unique access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and unique invitations to irl yes reality etoro events be sure to check out the description for any marketing offers and for more information about our amazing guests i’ll see you in etoro us’s club Lithium Stocks Traded By Etoro.