Education understanding…Trading 212 Trading With This Instrument Suspended… and once again going back to an investment thesis honestly and saying i’m not going to buy anything just because i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and discover what it is and learn where it fits for me um i you understand obviously need to do a great deal 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 new one being noted on some exchange and i’m and i go i have actually never ever even i can’t think i’ve never become aware of that i get a big ego and i’m like how could i not have actually become aware of that but i have it and somehow it gets noted and there are probably lots of other people saying the very same aspects of cryptos that i understand a lot about because i i tend to take a look at a lot of defy stuff i tend to look a great deal of those tokens so the the method i take a look at it is one there are a few methods one is i attempt to educate myself as much as possible and after that have a concept of what i like to discover and like to buy what do i like to invest in do i like to invest in the ones that have some sort of capital or liquidity procedure or something like that so understanding those i do not like to invest in some that are just simply purely you know pumps like pump schemes or something i know a lot of individuals earned money on shiba inu i know a great deal of individuals earned money on dogecoin that’s terrific to hear i do not want to do that that that’s not me i choose not to and i’m not telling anybody they should or they should not because there are a lot of people that have succeeded i pick not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t wish to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will take place is i’ll never sleep again and again from a psychological standpoint i do not want that i i attempt to find out quite a bit about the ones that i’m interested in or discover you understand discover why i might be interested why they might have worth and truthfully male it simply takes a whole lot of education the other thing i’ll state about that genuine quickly is you hear a lot of people who don’t understand a lot about crypto or or are truly versus it stating stating i don’t 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 number 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 all right 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 operate efficiently so it so if we feel and and look this this enters a little bit of a viewpoint i’m a huge defy person i love decentralized financing and part of the reason is because i’ve remained in financing for so long and i know where the inefficiencies are and i know if we can take a few of those inadequacies out of the system and we can utilize blockchain technology to do it that would be excellent the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be actually effective working 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 quite truth to the assertion that because there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to go 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 standard financial system and i do not suggest that everything else is going to go away i mean my sensation is banks and the crypto that the protocols and everything are going to start working together they’re going to begin integrating together which’s where you’re going to see a lot of this value so there’s a lot cash in the standard financing 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 since it’s simply a it’s basically a database in a network you get educated and once again as soon as you get informed have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members straight engage with our visitors utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of advantages such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and exclusive invites to irl yes real life etoro events make certain to have a look at the description for any advertising offers and to read more about our amazing guests i’ll see you in etoro us’s club Trading 212 Trading With This Instrument Suspended.