Education understanding…Robinhood Stream Twitch… and once again going back 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 somebody pumping it on twitter i’m going to do my research study and find out what it is and find out where it fits for me um i you understand naturally need to do a 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 each week i see a new one being listed on some exchange and i’m and i go i’ve never ever even i can’t think i’ve never ever become aware of that i get a big ego and i resemble how might i not have become aware of that but i have it and in some way it gets listed and there are probably lots of other individuals stating 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 take a 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 find out about and like to purchase what do i like to invest in do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to buy some that are simply simply simply you know pumps like pump plans or something i know a great deal of people made money on shiba inu i know a lot of individuals made money on dogecoin that’s excellent to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they must or they shouldn’t because there are a great deal of people that have succeeded i choose not to do that a person since they’re they trade remember 24 7 365.
i don’t 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 ever sleep again and again from an emotional standpoint i do not desire that i i try to discover a fair bit about the ones that i have an interest in or learn you understand discover why i might be interested why they may have value and honestly male it just takes a great deal of education the other thing i’ll say about that real quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are truly versus it saying stating i do not comprehend how there can be all these cryptocurrencies one of them has 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 a lot of them are a currency that is for a specific 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 financial 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 effectively so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy person i love decentralized financing and part of the reason is because i’ve been in finance for so long and i know where the inefficiencies are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be fantastic the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually effective operating 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 very much fact to the assertion that because there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to once again in my viewpoint start to start to engulf the traditional monetary system and i do not imply that everything else is going to disappear i suggest my feeling is banks and the crypto that the protocols and whatever are going to start interacting they’re going to begin incorporating together and that’s where you’re visiting a good deal of this value so there’s a lot money in the standard finance system that’s going to make its way into what we currently call the crypto system or the
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Defi system and ultimately it’s just going to be called the monetary system because it’s simply a it’s essentially a database in a network you get informed and once again once you get educated have an investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly engage with our visitors utilizing a q a and any person or you can join etoro club and u.s club members get a lot of perks such as an etoro swag bag special access to our month-to-month webinars quarterly market reports and a devoted 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 reality etoro occasions be sure to check out the description for any marketing deals and to read more about our amazing visitors i’ll see you in etoro us’s club Robinhood Stream Twitch.