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There’s all these new cryptos is continuously flooding in…Caspian Etoro… i mean how do you do with this deluge of unique cryptocurrency um well well it’s a lot of that truthfully has to do with education so you if you discover the the really essentials here’s how bitcoin works and and we speak to a great deal of once again monetary advisors here’s simply how bitcoin works and once you comprehend bitcoin you understand things like blockchain technology you understand transparency and immutability and all those things and after that you start to enter into what is the investment thesis behind bitcoin which is 80 of the game right there 80 of comprehending these other crypto currencies originates from comprehending how bitcoin functions then you enter that you know all these brand-new tokens all these new cryptocurrencies a few of them are literally simply there to attempt to where they have no performance it’s just we hope

that the price tomorrow is higher than the cost today that’s the only reason you’re getting into it which originates from education understanding and again returning to a financial investment thesis truthfully and stating i’m not going to purchase 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 understand 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 weekly i see a brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t believe i’ve never ever become aware of that i get a huge ego and i resemble how might i not have heard of that but i have it and somehow it gets noted and there are most likely tons of other people saying the exact same things about cryptos that i know a lot about because i i tend to look at a great deal of defy stuff i tend to look a lot of those tokens so the the way i look at it is one there are a couple of ways one is i attempt to educate myself as much as possible and then have a concept of what i like to learn more about and like to invest in what do i like to purchase do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to buy some that are simply simply purely you know pumps like pump schemes or something i understand a great deal of people made money on shiba inu i understand a lot of individuals made money on dogecoin that’s fantastic to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anyone they need to or they should not because there are a lot of people that have succeeded i choose not to do that a person since they’re they trade remember 24 7 365.

 

 

i do not wish 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 occur is i’ll never ever sleep again and again from an emotional viewpoint i do not want that i i try to learn a fair bit about the ones that i have an interest in or discover you know learn 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 state about that genuine rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are actually against it saying saying i do not understand how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or many of them can exist on their own much 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 requires to have its own currency to operate efficiently so it so if we feel and and look this this enters into a bit of an opinion i’m a huge defy man i love decentralized financing and part of the reason is because i’ve 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 utilize blockchain technology to do it that would be terrific 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 really effective 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 quite fact to the assertion that since 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 once again in my opinion start to begin to engulf the traditional monetary system and i do not mean that whatever else is going to disappear i indicate my sensation is banks and the crypto that the protocols and everything are going to start working together they’re going to begin incorporating together and that’s where you’re visiting a good deal of this worth so there’s a lot cash in the traditional finance 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 monetary system due to the fact that it’s just a it’s essentially a database in a network you get educated and again when you get educated 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 solely transmitted for etoro us club members our webinars let members straight communicate with our guests utilizing a q a and any person or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and special invites to irl yes real life etoro occasions be sure to take a look at the description for any promotional deals and to find out more about our incredible visitors i’ll see you in etoro us’s club Caspian Etoro.