Education understanding…Trading View Risk Indicator… and once 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 someone 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 of course need to do a whole lot 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 brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t think i have actually never become aware of that i get a big ego and i’m like how could i not have actually heard of that however i have it and somehow it gets noted and there are probably tons of other people saying the very same things about cryptos that i understand a lot about since i i tend to look at a great deal of defy stuff i tend to look a lot of those tokens so the the method i look at it is one there are a few ways one is i attempt to inform myself as much as possible and then have a concept of what i like to learn about and like to invest in what do i like to purchase 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 purchase some that are just just purely you know pumps like pump schemes or something i know a lot of individuals generated income on shiba inu i know a lot of individuals generated income on dogecoin that’s fantastic to hear i do not want to do that that that’s not me i pick 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 actually succeeded i pick not to do that a person since they’re they trade keep in mind 24 7 365.
i do not wish to go to bed one night and i’m up here and get up and i’m down here since what will occur is i’ll never sleep again and again from an emotional perspective i don’t desire that i i attempt 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 honestly male it simply takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of individuals who do not understand a lot about crypto or or are really versus it stating saying i do not comprehend how there can be all these cryptocurrencies among them needs to win however that’s that’s not the case they are all they they can or many 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 alright 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 requires to have its own currency to operate efficiently so it so if we feel and and look this this enters a bit of a viewpoint i’m a big defy person i love decentralized financing and part of the factor is because i have actually remained in finance for so long and i understand where the inefficiencies are and i know if we can take a few of those inefficiencies out of the system and we can use blockchain technology to do it that would be fantastic the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be truly effective operating on dollars operating 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 very much fact to the assertion that since there’s all these cryptocurrencies there’s a minimal quantity of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to once again in my opinion start to start to engulf the standard monetary system and i don’t imply that everything else is going to disappear i imply my feeling is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to start incorporating together which’s where you’re going to see a great deal of this worth so there’s so much cash 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 ultimately it’s just going to be called the financial system since it’s just a it’s basically a database in a network you get educated and again once you get informed have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members straight engage with our guests using a q a and anyone or you can join etoro club and u.s club members get a lot of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also 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 have a look at the description for any advertising offers and for more information about our remarkable visitors i’ll see you in etoro us’s club Trading View Risk Indicator.