Education understanding…Pre Market Scan Etoro… and once again returning to a financial investment thesis truthfully and saying i’m not going to invest in anything just because 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 suitables for me um i you understand of course have to do a whole lot of research study i can’t stay up to date with probably 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’ve never even i can’t think i have actually never 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 listed and there are most likely lots of other people saying the very same aspects of cryptos that i understand a lot about due to the fact that i i tend to look at a lot of defy things i tend to look a great deal of those tokens so the the way i look at it is one there are a few methods one is i attempt to educate myself as much as possible and after that have an idea of what i like to learn more about and like to buy what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to purchase some that are simply simply simply you know pumps like pump plans or something i understand a lot of individuals generated income on shiba inu i know a lot of individuals earned 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 should or they should not because there are a great deal of individuals that have done well i choose not to do that one since they’re they trade remember 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 ever sleep again and again from an emotional standpoint i don’t want that i i attempt to find out quite a bit about the ones that i’m interested in or learn you understand find out why i might be interested why they may have value and truthfully male it simply takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a great deal of people who do not comprehend a lot about crypto or or are truly versus it saying saying i don’t comprehend how there can be all these cryptocurrencies among them has to win however that’s that’s not the case they are all they they can or a number of them can exist on their own a lot 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 financial 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 requires to have its own currency to work efficiently so it so if we feel and and look this this enters a bit of an opinion i’m a big defy person i love decentralized financing and part of the reason is since i’ve remained in finance for so long and i understand where the inefficiencies are and i know if we can take some of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be terrific the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be actually efficient running 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 fact 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 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 standard financial system and i do not imply that whatever else is going to disappear i imply my sensation is banks and the crypto that the protocols and whatever are going to start interacting they’re going to start incorporating together which’s where you’re going to see a lot of this worth so there’s a lot cash in the conventional 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 just going to be called the financial system because it’s simply a it’s basically a database in a network you get informed and again once you get informed 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 solely broadcast for etoro us club members our webinars let members directly interact with our guests utilizing 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 boodle bag special access to our month-to-month webinars quarterly market reports and a devoted 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 invites to irl yes reality etoro occasions make certain to take a look at the description for any marketing deals and to learn more about our remarkable guests i’ll see you in etoro us’s club Pre Market Scan Etoro.