Education understanding…What Happens If Etoro Is Hacked… and again returning to a financial investment thesis honestly and stating i’m not going to invest in anything even if i saw some guy 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 find out where it fits for me um i you know naturally need to do a great deal of research 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 brand-new one being listed on some exchange and i’m and i go i have actually never even i can’t believe i have actually never heard of that i get a huge ego and i resemble how could i not have actually heard of that however i have it and somehow it gets listed and there are probably lots of other people 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 great deal of those tokens so the the way i look at it is one there are a couple of methods one is i try to educate myself as much as possible and then have an idea of what i like to discover and like to buy what do i like to purchase do i like to invest in the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to buy some that are simply just purely you understand pumps like pump plans or something i understand a lot of people earned money on shiba inu i understand a great deal of people generated income on dogecoin that’s great 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 must or they shouldn’t because there are a great deal of people that have actually done well i choose not to do that a person because they’re they trade remember 24 7 365.
i don’t want to go to bed 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 ever sleep again and again from a psychological perspective i do not desire that i i attempt to discover a fair bit about the ones that i have an interest in or discover you understand find out why i might be interested why they might have value and truthfully man it simply takes a great deal of education the other thing i’ll say about that real quickly is you hear a lot of individuals who do not understand a lot about crypto or or are really versus it saying stating i do not understand how there can be all these cryptocurrencies one of them needs to win but that’s that’s not the case they are all they they can or many 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 economic 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 needs to have its own currency to work effectively so it so if we feel and and look this this gets into a little bit of an opinion i’m a big defy guy i love decentralized financing and part of the reason is since i have actually been in financing for so long and i understand where the inadequacies are and i understand if we can take a few of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be fantastic the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really effective 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 efficient so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to once again in my viewpoint start to begin to engulf the standard financial system and i don’t indicate that whatever else is going to disappear i suggest my feeling is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to start incorporating together and that’s where you’re visiting a lot of this worth so there’s so much money in the conventional financing system that’s going to make its method 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 financial system since it’s just a it’s essentially a database in a network you get informed and again when you get informed have a financial investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly engage with our visitors utilizing 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 boodle bag exclusive access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and exclusive invitations to irl yes real life etoro events be sure to have a look at the description for any advertising deals and to learn more about our amazing visitors i’ll see you in etoro us’s club What Happens If Etoro Is Hacked.