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There’s all these brand-new cryptos is constantly flooding in…Can You Change Username On Etoro… i indicate how do you finish with this deluge of unique cryptocurrency um well well it’s a lot of that truthfully is about education so you if you learn the the very basics here’s how bitcoin works and and we talk to a lot of again financial advisors here’s just how bitcoin works and as soon as you comprehend bitcoin you understand things like blockchain innovation you understand transparency and immutability and all those things and after that you begin to enter what is the financial investment thesis behind bitcoin and that is 80 of the video game right there 80 of understanding these other crypto currencies comes from understanding how bitcoin functions then you enter into that you understand all these brand-new tokens all these new cryptocurrencies a few of them are actually just there to attempt to where they have no functionality it’s just we hope

that the rate tomorrow is higher than the cost today that’s the only factor you’re entering into it which comes from education understanding and again returning to a financial investment thesis truthfully and saying i’m not going to invest in 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 learn 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 new one being noted on some exchange and i’m and i go i’ve never even i can’t think i have actually never become aware of that i get a huge ego and i’m like how might i not have heard of that but i have it and somehow it gets noted and there are probably lots of other people saying the same aspects of cryptos that i understand a lot about since i i tend to take a look at a lot of defy stuff 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 attempt to educate myself as much as possible and after that have an idea of what i like to learn more about and like to invest in what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to purchase some that are simply simply simply you know pumps like pump schemes or something i understand a great deal of people generated income on shiba inu i know a great deal of people made money on dogecoin that’s excellent to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they should or they shouldn’t because there are a lot of people that have done well i select not to do that one because they’re they trade remember 24 7 365.

 

 

i don’t wish to go to sleep one night and i’m up here and get up 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 may have value and truthfully guy it just takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are really against it saying stating i do not understand how there can be all these cryptocurrencies one of them has to win however that’s that’s not the case they are all they they can or a lot 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 all right 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 efficiently so it so if we feel and and look this this gets into a little bit of an opinion i’m a big defy person i love decentralized finance and part of the reason is due to the fact that i’ve been in finance for so long and i understand where the ineffectiveness are and i know if we can take some of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be great the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be actually efficient operating on dollars working on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much fact to the assertion that since there’s all these cryptocurrencies there’s a minimal 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 again in my viewpoint start to begin to engulf the conventional financial system and i do not mean that whatever else is going to disappear i mean my sensation is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to start integrating together which’s where you’re going to see a great deal of this value so there’s so much money in the conventional finance 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 just going to be called the financial system since it’s just 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 directly engage with our visitors using a q a and any person or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invites to irl yes real life etoro events be sure to check out the description for any marketing deals and to learn more about our fantastic guests i’ll see you in etoro us’s club Can You Change Username On Etoro.