Education understanding…What About Etoro… and once again returning to an investment thesis honestly and stating i’m not going to buy anything just because i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn what it is and discover where it suitables for me um i you understand naturally have to do a great deal of research study i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a new one being noted on some exchange and i’m and i go i’ve never ever even i can’t believe i have actually never ever heard of that i get a huge ego and i resemble how might i not have actually become aware of that but i have it and somehow it gets listed and there are most likely lots of other individuals saying the same features of cryptos that i understand a lot about because i i tend to look at a lot of defy things i tend to look a lot of those tokens so the the method i take a look at it is one there are a couple of ways one is i attempt to inform myself as much as possible and after that have an idea of what i like to learn more about and like to purchase what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to invest in some that are simply just purely 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 fantastic to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anyone they ought to or they should not because there are a lot of people that have actually succeeded 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 wish to go to bed one night and i’m up here and awaken and i’m down here since what will happen is i’ll never sleep again and again from an emotional viewpoint i do not want that i i try to learn a fair bit about the ones that i’m interested in or learn you know find out why i might be interested why they may have worth and honestly guy it simply takes a whole lot of education the other thing i’ll state about that real quickly is you hear a great deal of individuals who don’t comprehend a lot about crypto or or are really versus it saying stating i don’t understand how there can be all these cryptocurrencies one of them has to win however that’s that’s not the case they are all they they can or much of them can exist on their own a lot 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 financial network fine if eth is the currency of the ethereum network so there’s an entire network there and it has to have his own it it requires to have its own currency to work efficiently 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 finance and part of the factor is because i’ve remained in finance for so long and i know where the inadequacies are and i know if we can take a few of those ineffectiveness out of the system and we can use blockchain technology to do it that would be great the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be truly effective running on dollars running 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 quite truth to the assertion that because there’s all these cryptocurrencies there’s a restricted quantity 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 viewpoint start to start to swallow up the traditional financial system and i do not mean that whatever else is going to disappear i suggest my sensation is banks and the crypto that the protocols and everything are going to begin collaborating they’re going to begin incorporating together and that’s where you’re visiting a great deal of this value so there’s so much cash in the standard 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 simply going to be called the financial system due to the fact that it’s simply a it’s basically a database in a network you get educated and once again as soon as you get educated have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly engage with our visitors utilizing a q a and any person or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag unique access to our monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and unique invites to irl yes reality etoro events make certain to have a look at the description for any marketing deals and for more information about our remarkable visitors i’ll see you in etoro us’s club What About Etoro.