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There’s all these brand-new cryptos is constantly flooding in…Coinbase Paypel Wont Recognize… i indicate 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 learn the the really fundamentals here’s how bitcoin works and and we speak with a great deal of again monetary advisors here’s just how bitcoin works and once you understand bitcoin you understand things like blockchain technology you understand transparency and immutability and all those things and after that you start to enter what is the financial investment thesis behind bitcoin and that is 80 of the game right there 80 of comprehending these other crypto currencies comes from comprehending how bitcoin functions then you get into that you know all these brand-new tokens all these new cryptocurrencies some 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 reason you’re entering it which originates from education understanding and once again returning to an investment thesis honestly and stating i’m not going to buy anything just because i saw some guy 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 suitables for me um i you understand of course have to do a whole lot of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a new one being noted on some exchange and i’m and i go i’ve never even i can’t believe i have actually never ever heard of that i get a huge ego and i’m like how could i not have actually become aware of that but i have it and somehow it gets noted and there are probably lots of other people saying the very same features of cryptos that i know a lot about due to the fact that i i tend to take a 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 ways one is i try to inform myself as much as possible and after that have an idea of what i like to find out about and like to buy what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i do not like to invest in some that are simply just simply you know pumps like pump plans or something i know a great deal of individuals earned money on shiba inu i know a great deal of individuals generated income on dogecoin that’s terrific to hear i don’t want 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 individuals that have done well i pick not to do that a person due to the fact that they’re they trade keep in mind 24 7 365.

 

 

i do not wish to go to sleep one night and i’m up here and wake up and i’m down here since what will take place is i’ll never ever sleep again and again from an emotional perspective i do not want that i i attempt to find out quite a bit about the ones that i’m interested in or discover you know find out why i might be interested why they might have worth and honestly man 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 truly against it saying stating i do not comprehend how there can be all these cryptocurrencies one of them needs to win but that’s that’s not the case they are all they they can or much of them can exist on their own much of them are a currency that is for a particular 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 financial network fine 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 requires to have its own currency to function effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the reason is because i’ve been 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 excellent the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually effective operating on dollars running 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 reality to the assertion that because there’s all these cryptocurrencies there’s a limited 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 traditional monetary system and i don’t indicate that whatever else is going to disappear i mean my sensation is banks and the crypto that the protocols and everything are going to start interacting they’re going to start integrating together which’s where you’re visiting a good deal of this value so there’s so much cash in the traditional financing system that’s going to make its way into what we currently call the crypto system or the

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Defi system and ultimately 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 once again when you get informed have an investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members straight interact with our visitors utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of benefits such as an etoro swag bag unique access to our regular monthly 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 unique invites to irl yes real life etoro events make sure to take a look at the description for any advertising offers and to find out more about our remarkable guests i’ll see you in etoro us’s club Coinbase Paypel Wont Recognize.