Education understanding…Only Can Trade Covered Calls With Etoro… and once again returning to an investment thesis honestly and saying i’m not going to invest in anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn what it is and learn where it suitables for me um i you understand naturally have to do a 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 noted on some exchange and i’m and i go i’ve never even i can’t believe i have actually never ever become aware of that i get a huge ego and i’m like how could i not have become aware of that but i have it and in some way it gets listed and there are probably tons of other individuals stating the very same aspects of cryptos that i know a lot about because i i tend to take a look at a great deal 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 few methods one is i try to inform myself as much as possible and then have a concept of what i like to find out about and like to buy what do i like to buy do i like to invest in the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to purchase some that are just simply simply you understand pumps like pump schemes or something i know a great deal of people made money on shiba inu i understand a great deal of people earned money on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anyone they ought to or they should not because there are a lot of individuals that have succeeded i select not to do that a person due to the fact that they’re they trade remember 24 7 365.
i don’t want 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 ever sleep again and again from a psychological perspective i do not want that i i try to discover quite a bit about the ones that i’m interested in or discover you understand learn why i might be interested why they might have worth and truthfully male it just takes a great deal of education the other thing i’ll state about that genuine quickly is you hear a lot of people who don’t understand a lot about crypto or or are truly versus it saying saying i don’t 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 many 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 economic network alright 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 requires 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 man i love decentralized finance and part of the factor is due to the fact that i’ve been in financing for so long and i understand where the inadequacies are and i understand if we can take a few of those inefficiencies out of the system and we can utilize 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 technology be really efficient working on dollars operating on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it effective so there is to me not very much truth to the assertion that because there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to begin to engulf the conventional financial system and i do not imply that whatever else is going to disappear i indicate my feeling is banks and the crypto that the procedures and everything are going to begin collaborating they’re going to begin integrating together which’s where you’re visiting a good deal of this worth so there’s so much money in the standard 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 ultimately it’s simply going to be called the financial system due to the fact that it’s just a it’s basically a database in a network you get educated and again once you get educated have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members straight connect with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro boodle bag exclusive access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and exclusive invites to irl yes real life etoro occasions make sure to check out the description for any marketing deals and to learn more about our incredible visitors i’ll see you in etoro us’s club Only Can Trade Covered Calls With Etoro.