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Education understanding…Practice Bitcoin Trading… and once again returning to a financial investment thesis honestly and saying i’m not going to purchase anything even if 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 learn where it fits for me um i you understand obviously have to do a great deal of research 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 new one being noted on some exchange and i’m and i go i’ve never even i can’t believe i’ve never heard of that i get a huge ego and i’m like how could i not have heard of that however i have it and somehow it gets listed and there are probably tons of other people saying the exact same aspects of cryptos that i know 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 couple of ways one is i attempt to educate myself as much as possible and after that have a concept of what i like to discover and like to buy what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to invest in some that are simply simply simply you understand pumps like pump schemes or something i know a lot of individuals generated income on shiba inu i know a lot of individuals generated income on dogecoin that’s terrific to hear i do not want to do that that that’s not me i choose not to and i’m not telling anybody they ought to or they shouldn’t because there are a lot of people that have succeeded i select not to do that one due to the fact that 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 awaken and i’m down here since what will happen is i’ll never sleep again and again from a psychological viewpoint i do not want that i i attempt to learn quite a bit about the ones that i’m interested in or discover you know find out why i might be interested why they may have worth and honestly guy it simply takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a lot of people who don’t understand a lot about crypto or or are actually against it stating saying i don’t comprehend 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 many of them can exist on their own a number 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 okay 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 function effectively so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a huge defy person i love decentralized finance and part of the reason is because i’ve remained 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 use blockchain technology to do it that would be fantastic the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be really effective working on dollars running 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 quite reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to go into them so i got to find out 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 do not mean that whatever else is going to disappear i imply my sensation is banks and the crypto that the procedures and whatever are going to start working together they’re going to start integrating together which’s where you’re visiting a good deal of this worth so there’s so much money in the traditional finance 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 eventually it’s just going to be called the financial system since it’s simply a it’s basically a database in a network you get informed and again as soon as you get informed 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 relayed for etoro us club members our webinars let members straight engage with our guests using a q a and any person or you can sign up with etoro club and u.s club members get a bunch of benefits such as an etoro swag bag special access to our month-to-month 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 real life etoro events make sure to take a look at the description for any advertising deals and for more information about our remarkable guests i’ll see you in etoro us’s club Practice Bitcoin Trading.