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Education understanding…National Number Etoro… and once again returning to an investment thesis truthfully and saying i’m not going to purchase anything even if i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and find out what it is and discover where it suitables for me um i you know obviously need to do a whole lot of research study i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being listed on some exchange and i’m and i go i’ve never even i can’t believe i’ve never ever heard of that i get a huge ego and i’m like how might i not have heard of that but i have it and somehow it gets noted and there are probably lots of other individuals saying the very same things about cryptos that i understand a lot about due to the fact that 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 method 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 an idea of what i like to find out about and like to invest in what do i like to invest in do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i do not like to buy some that are simply just simply you know pumps like pump plans or something i know a lot of people generated income on shiba inu i know a great deal of individuals made money on dogecoin that’s fantastic to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they ought to or they shouldn’t because there are a lot of people that have done well i choose not to do that a person since they’re they trade keep in mind 24 7 365.

 

 

i do not want to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will take place is i’ll never sleep again and again from a psychological standpoint i don’t want that i i try to learn quite a 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 value and truthfully man it simply takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are really against it stating saying i do not comprehend how there can be all these cryptocurrencies one of them needs to win but that’s that’s not the case they are all they they can or much of them can exist on their own many 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 a whole network there and it has to have his own it it requires to have its own currency to work efficiently so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy man i love decentralized financing and part of the reason is since i’ve been in financing for so long and i know where the inadequacies 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 fantastic the important things 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 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 quite truth to the assertion that since there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to enter into them so i got to figure out which one’s going to be the winner it is going to again in my opinion start to start to swallow up the traditional monetary system and i do not indicate that whatever else is going to disappear i indicate 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 value so there’s so much money in the traditional 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 just going to be called the monetary system due to the fact that it’s just a it’s essentially a database in a network you get educated and again when you get informed have an investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members directly engage with our guests utilizing a q a and anyone or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro occasions make certain to take a look at the description for any promotional deals and for more information about our incredible visitors i’ll see you in etoro us’s club National Number Etoro.