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Education understanding…Monzo To Etoro… and again going back to a financial investment thesis truthfully and saying i’m not going to purchase anything even if i saw some guy pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and find out what it is and learn where it fits for me um i you understand naturally need to do a whole lot 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 new one being listed on some exchange and i’m and i go i have actually never even i can’t think i have actually never ever heard of that i get a huge ego and i’m like how could i not have actually become aware of that however i have it and in some way it gets noted and there are most likely tons of other individuals stating the exact same things about cryptos that i understand a lot about because i i tend to look at a lot of defy things i tend to look a lot of those tokens so the the way 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 buy do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to buy some that are simply simply purely you understand pumps like pump schemes or something i know a great deal of people generated income on shiba inu i know a lot of people earned money on dogecoin that’s great to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anyone they should or they shouldn’t because there are a lot of people that have actually succeeded i select not to do that a person due to the fact that they’re they trade remember 24 7 365.

 

 

i do not want to go to sleep one night and i’m up here and get up and i’m down here because what will take place is i’ll never sleep again and again from a psychological standpoint i do not desire that i i try to discover a fair bit about the ones that i have an interest in or discover you understand find out why i might be interested why they may have worth and truthfully male it simply takes a great deal of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are truly versus it stating saying i don’t comprehend 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 much of them can exist on their own much of them are a currency that is for a specific 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 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 little bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the reason is since i’ve been in finance for so long and i know where the ineffectiveness are and i know if we can take some of those inefficiencies 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 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 since there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to once again in my opinion start to start to swallow up the traditional monetary system and i don’t indicate that everything else is going to disappear i suggest my feeling is banks and the crypto that the procedures and everything are going to begin interacting they’re going to start integrating together and that’s where you’re visiting a great deal of this value so there’s so much cash in the traditional 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 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 when you get informed have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar solely relayed for etoro us club members our webinars let members straight interact with our guests utilizing a q a and any person or you can join etoro club and u.s club members get a lot of advantages such as an etoro boodle bag special access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and unique invites to irl yes real life etoro events make certain to check out the description for any promotional offers and for more information about our amazing visitors i’ll see you in etoro us’s club Monzo To Etoro.