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There’s all these new cryptos is continuously flooding in…3Commas Etoro Custom Signals… i imply how do you do with this deluge of novel cryptocurrency um well well it’s a lot of that honestly is about education so you if you find out the the really fundamentals here’s how bitcoin works and and we speak with a lot of again monetary consultants here’s simply how bitcoin works and once you comprehend bitcoin you understand things like blockchain technology you comprehend openness and immutability and all those things and then you start to enter what is the investment thesis behind bitcoin and that is 80 of the video game right there 80 of understanding these other crypto currencies originates from understanding how bitcoin functions then you get into that you know all these brand-new tokens all these new cryptocurrencies a few of them are actually simply there to attempt to where they have no performance it’s simply we hope

that the price tomorrow is higher than the cost today that’s the only factor you’re getting into it and that originates from education understanding and again going back to an investment thesis honestly and stating i’m not going to buy anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and find out what it is and find out where it suitables for me um i you know obviously have to do a whole lot of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh every week i see a new one being listed on some exchange and i’m and i go i have actually never even i can’t believe i’ve never become aware of that i get a big ego and i resemble how might i not have heard of that however i have it and somehow it gets noted and there are most likely lots of other people saying the very same things about 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 few methods one is i try to inform myself as much as possible and then have an idea of what i like to learn more about and like to purchase what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to buy some that are just just simply you understand pumps like pump schemes or something i know a great deal of people made money on shiba inu i understand a great deal of individuals made money 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 anybody they need to or they should not because there are a lot of individuals that have succeeded i choose not to do that a person since 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 get up and i’m down here since what will happen is i’ll never sleep again and again from an emotional perspective i do not desire that i i attempt to learn a fair bit about the ones that i’m interested in or discover you understand discover why i might be interested why they might have value and truthfully guy it simply takes a whole lot 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 truly versus it stating saying i don’t comprehend 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 a number of them can exist on their own a number of them are a currency that is for a particular 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 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 needs to have its own currency to work effectively so it so if we feel and and look this this enters a bit of an opinion i’m a big defy guy i love decentralized financing and part of the reason is since i’ve remained in financing for so long and i understand where the inadequacies are and i know if we can take a few of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be great the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be actually efficient running on dollars operating 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 truth to the assertion that because there’s all these cryptocurrencies there’s a minimal 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 opinion start to start to engulf the standard financial system and i do not indicate that whatever else is going to go away i mean my feeling is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to start integrating together and that’s where you’re visiting a lot of this value so there’s a lot cash in the conventional 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 just going to be called the monetary system because it’s simply a it’s essentially a database in a network you get educated and again once you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members directly communicate with our guests using a q a and anybody 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 supervisor if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes real life etoro events make sure to check out the description for any advertising deals and to get more information about our amazing guests i’ll see you in etoro us’s club 3Commas Etoro Custom Signals.