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Education understanding…Summit Trading Platform… and once again going back to a financial investment thesis truthfully and stating i’m not going to buy anything just because i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and learn what it is and discover where it suitables for me um i you understand obviously need to do a lot of research i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh each week i see a brand-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 ever become aware of that i get a big ego and i’m like how might i not have become aware of that but i have it and in some way it gets listed and there are most likely lots of other people saying the exact same aspects of cryptos that i know a lot about because 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 way i take a look at it is one there are a couple of ways 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 purchase 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 do not like to buy some that are simply just simply you understand pumps like pump plans or something i understand a great deal of individuals earned money on shiba inu i know a lot of individuals earned money on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they ought to or they should not because there are a lot of people that have actually done well i pick not to do that a person because they’re they trade remember 24 7 365.

 

 

i don’t wish to go to bed one night and i’m up here and wake up and i’m down here since what will take place is i’ll never sleep again and again from a psychological perspective i don’t want that i i try to discover a fair bit about the ones that i’m interested in or learn you know learn 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 say about that real quickly is you hear a lot of individuals who don’t understand a lot about crypto or or are really against it stating stating i do not comprehend how there can be all these cryptocurrencies one of them needs to win but that’s that’s not the case they are all they they can or much of them can exist on their own a number 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 economic network okay if eth is the currency of the ethereum network so there’s a whole network there and it needs 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 gets into a bit of a viewpoint i’m a huge defy guy 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 know if we can take a few of those inadequacies out of the system and we can use blockchain technology 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 efficient running on dollars working 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 truth to the assertion that since there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to once again in my opinion start to start to swallow up the conventional monetary system and i don’t imply that whatever else is going to disappear i mean my sensation is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to begin integrating together which’s where you’re going to see a lot of this value so there’s so much money in the standard finance 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 just going to be called the financial system because it’s just a it’s essentially a database in a network you get educated and once again when you get educated have a financial investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar specifically relayed for etoro us club members our webinars let members directly connect with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and special invites to irl yes real life etoro occasions make sure to have a look at the description for any advertising deals and to get more information about our fantastic guests i’ll see you in etoro us’s club Summit Trading Platform.