Education understanding…Tobin Tax Etoro… and once again going back to a financial investment thesis truthfully and saying i’m not going to purchase anything just because i saw some guy pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and find out what it is and find out where it suitables for me um i you understand obviously have to do a lot of research i can’t keep up with most likely 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’ve never even i can’t think i’ve never become aware of that i get a big ego and i resemble how could i not have actually become aware of that however i have it and somehow it gets noted and there are probably tons of other individuals saying the very same things about cryptos that i know a lot about since i i tend to take a look at a lot of defy stuff i tend to look a lot 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 an idea of what i like to find out about and like to invest in what do i like to purchase do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to buy some that are just simply simply you understand pumps like pump schemes or something i know a lot of individuals made money on shiba inu i understand a great deal of people generated income on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anybody they ought to or they should not because there are a great deal of people that have actually done well i select not to do that one since they’re they trade remember 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 because what will occur is i’ll never ever sleep again and again from a psychological standpoint i don’t desire that i i attempt to find out 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 worth and honestly male it just takes a lot of education the other thing i’ll say about that genuine quickly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are actually 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 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 example is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states financial network fine if eth is the currency of the ethereum network so there’s an entire 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 gets into a little bit of an opinion i’m a big defy person i love decentralized finance and part of the reason is because i’ve been in financing for so long and i understand where the ineffectiveness 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 technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually efficient operating on dollars running on us dollars over the banking system you have 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 due to the fact that there’s all these cryptocurrencies there’s a limited 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 once again in my viewpoint start to start to swallow up the standard monetary system and i do not imply that whatever else is going to disappear i suggest my feeling is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to start incorporating together which’s where you’re going to see a lot 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 eventually it’s just going to be called the monetary system since it’s just a it’s essentially a database in a network you get educated and again as soon as you get informed have an investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar specifically relayed for etoro us club members our webinars let members directly interact with our visitors utilizing a q a and any person 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 monthly webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invites to irl yes real life etoro occasions make sure to have a look at the description for any marketing offers and to read more about our incredible visitors i’ll see you in etoro us’s club Tobin Tax Etoro.