Education understanding…Scraping Etoro… and again going back to an investment thesis honestly and stating i’m not going to purchase anything just because i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and find out what it is and discover where it fits for me um i you know obviously need to do a great deal 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 have actually never even i can’t think i have actually never heard of that i get a big ego and i’m like how might i not have become aware of that however i have it and somehow it gets listed and there are probably tons of other people stating the same aspects of cryptos that i know a lot about due to the fact that i i tend to look at a great deal of defy things 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 methods one is i attempt to educate myself as much as possible and then have a concept of what i like to discover and like to buy what do i like to buy do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i don’t like to purchase some that are just simply purely you know pumps like pump plans or something i know a great deal of individuals made money on shiba inu i know a lot of people made money on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i select not to and i’m not telling anybody they must or they should not because there are a lot of individuals that have done well 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 wake up and i’m down here since what will occur is i’ll never sleep again and again from an emotional standpoint i don’t desire that i i attempt to discover a fair bit about the ones that i’m interested in or discover you understand discover why i might be interested why they might have value and truthfully male it simply takes a lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who do not comprehend a lot about crypto or or are truly against it saying stating i don’t 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 number 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 needs to have its own currency to operate effectively so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy guy i love decentralized financing and part of the factor is since i’ve remained in financing for so long and i know where the ineffectiveness 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 great 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 truly effective 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 efficient so there is to me not quite fact to the assertion that since there’s all these cryptocurrencies there’s a minimal 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 again in my opinion start to start to engulf the traditional monetary system and i don’t indicate that everything else is going to disappear i mean my sensation is banks and the crypto that the protocols and everything are going to start collaborating they’re going to start integrating together and that’s where you’re going to see a lot of this value so there’s so much money in the standard financing system that’s going to make its method into what we presently call the crypto system or the
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Defi system and eventually it’s simply going to be called the monetary system since it’s just a it’s basically a database in a network you get informed and again as soon as you get informed have a financial investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members straight interact with our guests using a q a and anybody or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and special invitations to irl yes reality etoro events make sure to take a look at the description for any marketing offers and to get more information about our amazing visitors i’ll see you in etoro us’s club Scraping Etoro.