Education understanding…What Do The Coloured Stars Mean On Etoro… and again going back to a financial investment thesis truthfully and stating i’m not going to purchase 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 find out what it is and discover where it suitables for me um i you understand of course have to do a whole lot of research study 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 listed on some exchange and i’m and i go i have actually never ever even i can’t believe i have actually never become aware of that i get a big ego and i resemble how might i not have actually heard of that but i have it and somehow it gets listed and there are probably lots of other people stating the same features of cryptos that i know a lot about since 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 look at it is one there are a few methods one is i attempt to educate 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 buy do i like to invest in the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to buy some that are just just simply you understand pumps like pump schemes or something i know a lot of individuals generated income on shiba inu i know a lot of individuals made money on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anybody they must or they shouldn’t because there are a great deal of people that have actually done well i select not to do that one since they’re they trade keep in mind 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 because what will take place is i’ll never ever sleep again and again from an emotional perspective i don’t want that i i try to learn a fair bit about the ones that i’m interested in or discover you know find out why i might be interested why they may have worth and truthfully male it just takes a lot of education the other thing i’ll state about that real quickly is you hear a lot of people who don’t understand a lot about crypto or or are really against it saying saying i do not 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 financial network all right 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 operate efficiently so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a big defy man i love decentralized finance and part of the factor is since i have actually been in financing for so long and i know where the inefficiencies are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be fantastic the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be really efficient operating on dollars working 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 fact to the assertion that since there’s all these cryptocurrencies there’s a limited quantity of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to once again in my viewpoint start to begin to swallow up the standard monetary system and i do not imply that everything else is going to disappear i suggest my sensation is banks and the crypto that the protocols and everything are going to start interacting they’re going to begin incorporating together which’s where you’re going to see a great deal of this worth so there’s so much money in the traditional finance 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 since it’s simply a it’s basically a database in a network you get informed and once 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 specifically broadcast for etoro us club members our webinars let members straight interact with our visitors using a q a and any person 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 monthly webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and special invitations to irl yes reality etoro events make sure to have a look at the description for any promotional deals and to learn more about our remarkable visitors i’ll see you in etoro us’s club What Do The Coloured Stars Mean On Etoro.