Education understanding…Was Bedeutet Bronze Bei Etoro… and once again returning to a financial investment thesis truthfully 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 find out where it suitables for me um i you know obviously need to do a whole lot of research i can’t stay up to date 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 have actually never even i can’t think i have actually never heard of that i get a huge ego and i’m like how could i not have become aware of that however i have it and somehow it gets listed and there are most likely lots of other people stating the same things about cryptos that i understand a lot about since i i tend to look at a lot of defy stuff 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 attempt to inform myself as much as possible and then have an idea of what i like to learn about and like to purchase what do i like to invest in do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to purchase some that are simply simply purely you know pumps like pump schemes or something i know a great deal of people made money on shiba inu i understand a great deal of people earned money on dogecoin that’s great to hear i don’t want to do that that that’s not me i select not to and i’m not telling anyone they ought to or they should not because there are a great deal of individuals that have actually done well i select not to do that a person due to the fact that they’re they trade remember 24 7 365.
i do not wish to go to sleep one night and i’m up here and awaken and i’m down here due to the fact that what will happen is i’ll never sleep again and again from a psychological perspective i do not desire that i i try to find out a fair bit about the ones that i have an interest in or discover you know find out why i might be interested why they may have worth and truthfully male it simply takes a lot of education the other thing i’ll state about that real quickly is you hear a lot of people who do not understand a lot about crypto or or are truly against it saying stating i don’t comprehend how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or a number 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 all right 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 work effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a big defy guy i love decentralized finance and part of the reason is since i’ve been in finance for so long and i understand where the ineffectiveness are and i understand if we can take a few of those inefficiencies out of the system and we can use blockchain innovation to do it that would be terrific the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be really effective working 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 reality to the assertion that because there’s all these cryptocurrencies there’s a restricted 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 opinion start to start to engulf the traditional financial system and i don’t mean that everything else is going to disappear i indicate my feeling is banks and the crypto that the procedures and everything are going to begin collaborating they’re going to start integrating together which’s where you’re going to see a lot of this worth so there’s a lot 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 ultimately it’s just going to be called the monetary system because it’s simply a it’s essentially a database in a network you get informed 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 exclusively broadcast for etoro us club members our webinars let members straight connect with our guests using a q a and any person or you can sign up with etoro club and u.s club members get a lot of benefits such as an etoro boodle bag exclusive access to our month-to-month webinars quarterly market reports and a devoted account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes real life etoro events make sure to take a look at the description for any advertising deals and to find out more about our fantastic guests i’ll see you in etoro us’s club Was Bedeutet Bronze Bei Etoro.