Education understanding…Thinkorswim Illegal 1 Share… and again going back to a financial investment thesis honestly and saying i’m not going to buy anything even if 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 suitables for me um i you understand naturally have to do a lot of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh every week 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 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 individuals saying the same features of cryptos that i know a lot about since 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 methods one is i attempt to inform myself as much as possible and after that have a concept of what i like to discover and like to invest in what do i like to invest in do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to invest in some that are simply just simply you understand pumps like pump schemes or something i understand a great deal of people made money on shiba inu i know a great deal of individuals earned money on dogecoin that’s excellent to hear i do not 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 people that have actually done well i select not to do that a person due to the fact that they’re they trade keep in mind 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 since what will take place is i’ll never sleep again and again from an emotional standpoint i don’t want that i i try to learn a fair bit about the ones that i have an interest in or learn you understand learn why i might be interested why they may have value and truthfully male it simply takes a great deal of education the other thing i’ll state about that real quickly is you hear a great deal of individuals who don’t comprehend a lot about crypto or or are really against it stating saying i don’t comprehend how there can be all these cryptocurrencies among them has to win but that’s that’s not the case they are all they they can or a lot of them can exist on their own a lot of them are a currency that is for a particular 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 an entire network there and it needs to have his own it it needs to have its own currency to work efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the reason is due to the fact that i’ve been in finance for so long and i know where the inadequacies are and i understand if we can take some of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be great the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really effective operating 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 fact to the assertion that since there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to enter 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 begin to swallow up the traditional monetary system and i do not imply that everything else is going to go away i imply my sensation is banks and the crypto that the protocols and whatever are going to begin working together they’re going to start integrating together which’s where you’re visiting a good deal of this worth so there’s a lot money in the traditional financing system that’s going to make its method 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 due to the fact that it’s just a it’s basically a database in a network you get informed and again when you get informed 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 exclusively broadcast for etoro us club members our webinars let members directly communicate with our guests using a q a and anyone or you can join etoro club and u.s club members get a bunch of benefits such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and exclusive invites to irl yes real life etoro occasions make sure to have a look at the description for any marketing offers and to get more information about our amazing guests i’ll see you in etoro us’s club Thinkorswim Illegal 1 Share.