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Education understanding…Wallet Per Etoro… and once again returning to an investment thesis honestly and saying i’m not going to buy anything just because i saw some man pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and discover what it is and learn where it suitables for me um i you know obviously 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 each week i see a new one being listed on some exchange and i’m and i go i have actually never ever even i can’t think i’ve never ever heard of that i get a huge ego and i’m like how might i not have actually become aware of that however i have it and somehow it gets noted and there are most likely tons of other individuals stating the exact same things about cryptos that i understand a lot about since i i tend to take a look at a great deal of defy stuff i tend to look a lot of those tokens so the the method i take a look at it is one there are a few ways one is i attempt to inform myself as much as possible and after that have a concept of what i like to find out about and like to purchase what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to invest in some that are simply simply purely you know pumps like pump schemes or something i know a great deal of people earned money on shiba inu i know a great deal of people made money on dogecoin that’s excellent to hear i do not want to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have actually done well i pick not to do that one because they’re they trade remember 24 7 365.

 

 

i do not wish to go to sleep one night and i’m up here and wake up and i’m down here due to the fact that what will occur is i’ll never sleep again and again from an emotional viewpoint i do not want that i i try to learn quite a bit about the ones that i have an interest in or discover you know discover why i might be interested why they may have value and honestly male it just takes a great deal of education the other thing i’ll state about that genuine quickly is you hear a lot of individuals who do not understand a lot about crypto or or are truly versus it saying stating i do not comprehend how there can be all these cryptocurrencies among 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 many 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 financial network okay 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 needs to have its own currency to function effectively so it so if we feel and and look this this enters a little bit of a viewpoint i’m a big defy guy i love decentralized financing and part of the reason is because i’ve been in financing for so long and i know where the inadequacies are and i understand 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 fantastic 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 efficient running on dollars operating 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 truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal quantity 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 standard monetary system and i don’t indicate that everything else is going to disappear i mean 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 visiting a good deal of this value so there’s so much cash in the conventional financing system that’s going to make its way into what we currently 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 just a it’s basically a database in a network you get educated and again when you get informed have a financial investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly communicate 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 exclusive access to our monthly webinars quarterly market reports and a devoted account manager if you join our higher 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 certain to have a look at the description for any marketing deals and to find out more about our fantastic guests i’ll see you in etoro us’s club Wallet Per Etoro.