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Education understanding…Yelp Etoro… and once again returning to a financial investment thesis truthfully and stating i’m not going to purchase anything just because 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 discover what it is and discover where it suitables for me um i you understand obviously need to do a lot of research i can’t keep up 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 ever become aware of that i get a big ego and i’m like how might i not have actually heard of that however i have it and somehow it gets noted and there are probably lots of other individuals stating the same aspects of cryptos that i know a lot about since i i tend to 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 inform myself as much as possible and after that have an idea of what i like to discover and like to purchase what do i like to purchase do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i don’t like to buy some that are simply just simply you know pumps like pump plans or something i understand a great deal of people made money on shiba inu i know a lot of individuals earned money on dogecoin that’s terrific to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they ought to or they shouldn’t because there are a lot of people that have 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 sleep one night and i’m up here and wake up and i’m down here because what will happen is i’ll never ever sleep again and again from a psychological perspective i don’t desire that i i try to find out a fair bit about the ones that i’m interested in or discover you understand discover why i might be interested why they may have value and truthfully guy it simply takes a great deal of education the other thing i’ll say about that genuine rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are really against it saying stating i do not comprehend how there can be all these cryptocurrencies among 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 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 okay 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 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 a viewpoint i’m a huge defy guy i love decentralized finance and part of the reason is because i have actually been in finance for so long and i know where the inadequacies are and i know if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be great the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be actually efficient running on dollars working on us dollars over the banking system you have 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 amount 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 standard financial system and i do not suggest that whatever else is going to disappear i imply my feeling is banks and the crypto that the protocols and everything are going to start working together they’re going to start integrating together and that’s where you’re going to see a lot of this worth so there’s so much money in the standard financing 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 due to the fact that it’s just a it’s essentially a database in a network you get informed and once again once you get informed 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 exclusively broadcast for etoro us club members our webinars let members straight interact with our visitors utilizing a q a and anybody 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 monthly webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and special invitations to irl yes real life etoro events be sure to have a look at the description for any advertising deals and to read more about our amazing guests i’ll see you in etoro us’s club Yelp Etoro.