Education understanding…Trading 212 Bitcoin Scandal… and once again returning to an investment thesis truthfully and stating i’m not going to invest in 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 study and find out what it is and learn where it suitables for me um i you know of course have to do a great deal of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh weekly i see a new one being listed on some exchange and i’m and i go i have actually never even i can’t believe 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 noted and there are most likely tons of other people saying the same features 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 lot of those tokens so the the way i look at it is one there are a couple of ways one is i try to inform myself as much as possible and then have an idea of what i like to find out about and like to purchase what do i like to buy do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i do not like to buy some that are simply just simply you understand pumps like pump plans or something i know a lot of individuals made money on shiba inu i know a great deal of people generated income on dogecoin that’s terrific to hear i don’t wish to do that that that’s not me i pick not to and i’m not telling anyone they must or they should not because there are a lot of people that have actually 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 want to go to bed one night and i’m up here and awaken and i’m down here because what will occur is i’ll never sleep again and again from a psychological standpoint i do not want that i i try to find out quite a bit about the ones that i have an interest in or learn you know learn why i might be interested why they might have value and truthfully male it just takes a lot of education the other thing i’ll state about that real rapidly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are truly versus it saying saying i do not 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 a lot of them can exist on their own many 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 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 requires to have its own currency to operate efficiently so it so if we feel and and look this this enters into a bit of an opinion i’m a huge defy person i love decentralized finance and part of the factor is due to the fact that i have actually been in financing for so long and i know where the inadequacies are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be excellent the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be really efficient working on dollars working on us dollars over the banking system you have 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 due to the fact that there’s all these cryptocurrencies there’s a limited 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 again in my viewpoint start to start to engulf the standard monetary system and i don’t imply that everything else is going to disappear i imply my sensation is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to begin incorporating together and that’s where you’re going to see a great deal of this value so there’s so much cash in the traditional 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 simply going to be called the monetary system because it’s simply a it’s essentially a database in a network you get educated and again once you get educated have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members straight communicate with our visitors utilizing a q a and anyone or you can join etoro club and u.s club members get a bunch of advantages such as an etoro boodle bag special access to our monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes real life etoro events make sure to take a look at the description for any marketing deals and for more information about our fantastic guests i’ll see you in etoro us’s club Trading 212 Bitcoin Scandal.