Education understanding…Saxo Bank Vs Etoro… and once again returning to a financial investment thesis truthfully and stating i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and find out what it is and discover where it fits for me um i you know obviously have to do a great deal 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 have actually never ever even i can’t think i’ve never heard of that i get a big ego and i resemble how might i not have heard of that however i have it and somehow it gets listed and there are probably tons of other individuals saying the very same aspects of cryptos that i understand a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a great deal of those tokens so the the method i take a look at it is one there are a few ways one is i try to educate myself as much as possible and then have a concept of what i like to discover and like to invest in what do i like to purchase 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 do not like to invest in some that are simply simply purely you understand pumps like pump schemes or something i understand a lot of individuals earned money on shiba inu i understand a lot of people generated income on dogecoin that’s great 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 should or they shouldn’t because there are a great deal of people that have done well i select not to do that one because they’re they trade remember 24 7 365.
i don’t want to go to sleep one night and i’m up here and get up and i’m down here since what will occur is i’ll never sleep again and again from a psychological perspective i don’t desire that i i try to learn a fair bit about the ones that i’m interested in or learn you understand find out why i might be interested why they might have value and truthfully male it just takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a lot of individuals who don’t understand a lot about crypto or or are actually versus it saying stating i do not 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 much 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 economic network fine 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 a bit of an opinion i’m a huge defy person i love decentralized finance and part of the factor is since i’ve been in financing for so long and i understand where the ineffectiveness are and i know if we can take some of those inadequacies out of the system and we can utilize blockchain technology to do it that would be great the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be truly effective running on dollars running 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 quite reality to the assertion that because there’s all these cryptocurrencies there’s a limited quantity 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 opinion start to begin to swallow up the conventional monetary system and i do not mean that whatever else is going to disappear i indicate my sensation 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 conventional 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 ultimately it’s simply going to be called the financial system because it’s simply a it’s basically a database in a network you get educated and once again once you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly connect with our guests utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and exclusive invitations to irl yes reality etoro occasions make certain to take a look at the description for any marketing offers and to read more about our incredible guests i’ll see you in etoro us’s club Saxo Bank Vs Etoro.