Education understanding…Why Is Day Trading Not Allowed On Etoro… and again returning to an investment thesis truthfully and stating i’m not going to invest in anything just because i saw some dude 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 fits for me um i you understand obviously have to do a lot of research study i can’t keep up with most likely 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’ve never even i can’t think i’ve never heard of that i get a big ego and i resemble how might i not have heard of that however i have it and in some way it gets noted and there are most likely lots of other people saying the same features of cryptos that i know a lot about since i i tend to look at a great deal 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 try to educate myself as much as possible and after that have an idea of what i like to discover and like to buy what do i like to invest in do i like to buy 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 just just purely you know pumps like pump plans or something i know a great deal of people made money on shiba inu i understand a great deal of individuals generated income on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i pick not to and i’m not telling anybody they need to or they shouldn’t because there are a lot of people that have done well i pick not to do that one due to the fact that they’re they trade keep in mind 24 7 365.
i do not want to go to sleep one night and i’m up here and wake up and i’m down here since what will happen is i’ll never sleep again and again from a psychological standpoint i don’t desire that i i try to find out a fair bit about the ones that i’m interested in or learn you understand learn why i might be interested why they may have value and honestly guy it just takes a lot of education the other thing i’ll state about that genuine quickly is you hear a lot of people who don’t understand a lot about crypto or or are actually against it saying stating i don’t understand how there can be all these cryptocurrencies among them needs 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 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 fine if eth is the currency of the ethereum network so there’s an entire network there and it needs to have his own it it requires to have its own currency to function effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the factor is because i have actually remained in financing for so long and i understand where the ineffectiveness are and i understand if we can take a few of those inadequacies out of the system and we can use blockchain technology to do it that would be excellent the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be actually effective working on dollars running 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 quite fact to the assertion that because there’s all these cryptocurrencies there’s a restricted amount 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 once again in my viewpoint start to start to engulf the traditional monetary system and i do not mean that everything else is going to disappear i indicate my sensation is banks and the crypto that the protocols and whatever are going to begin working together they’re going to start incorporating together which’s where you’re going to see a great deal of this worth so there’s a lot cash in the traditional financing system that’s going to make its method into what we presently call the crypto system or the
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Defi system and eventually it’s simply going to be called the financial system because it’s just a it’s essentially a database in a network you get informed and again as soon as 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 relayed for etoro us club members our webinars let members straight communicate with our visitors using a q a and any person or you can join etoro club and u.s club members get a bunch of benefits such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and unique invitations to irl yes real life etoro events be sure to check out the description for any marketing deals and to read more about our fantastic visitors i’ll see you in etoro us’s club Why Is Day Trading Not Allowed On Etoro.