Education understanding…Thinkorswim Memory Usage… and again returning to a financial investment thesis honestly and saying i’m not going to purchase 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 and discover what it is and find out where it fits for me um i you know of course have 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 every week i see a brand-new one being listed on some exchange and i’m and i go i have actually never even i can’t believe i’ve 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 probably tons of other people stating the same aspects of cryptos that i understand a lot about since i i tend to take a look at a lot 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 few methods one is i try to educate myself as much as possible and after that have an idea of what i like to learn about and like to invest in what do i like to invest in do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to buy some that are simply just simply you understand pumps like pump schemes or something i understand a great deal of individuals earned money on shiba inu i know a great deal of people made money on dogecoin that’s great to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anyone they need to or they should not because there are a great deal of individuals that have done well i select not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t want to go to bed one night and i’m up here and get up and i’m down here because what will happen is i’ll never ever sleep again and again from an emotional viewpoint i do not want that i i attempt to discover quite a bit about the ones that i’m interested in or learn you know discover why i might be interested why they might have value and honestly guy it just takes a great deal of education the other thing i’ll say about that genuine quickly is you hear a great deal of individuals who don’t understand a lot about crypto or or are really against it saying stating 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 number 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 economic network okay 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 function effectively so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the reason is since i have actually been in finance for so long and i know where the inadequacies are and i know if we can take a few of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be great the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be actually efficient 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 effective so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to enter into them so i got to figure out which one’s going to be the winner it is going to again in my viewpoint start to start to engulf the conventional monetary system and i don’t indicate that whatever else is going to go away i imply my sensation is banks and the crypto that the procedures and everything are going to begin working together they’re going to begin integrating together and that’s where you’re going to see a good deal of this worth so there’s a lot money in the standard 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 financial system because it’s simply a it’s basically a database in a network you get informed and again as soon as you get educated have an 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 engage with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and unique invites to irl yes reality etoro occasions make sure to have a look at the description for any marketing offers and to find out more about our amazing guests i’ll see you in etoro us’s club Thinkorswim Memory Usage.