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There’s all these new cryptos is continuously flooding in…Conectar Tradingview Con Etoro… i mean how do you do with this deluge of unique cryptocurrency um well well it’s a great deal of that truthfully has to do with education so you if you find out the the very fundamentals here’s how bitcoin works and and we speak with a lot of once again financial consultants here’s just how bitcoin works and once you understand bitcoin you comprehend things like blockchain technology you understand openness and immutability and all those things and after that you start to get into what is the investment thesis behind bitcoin and that is 80 of the video game right there 80 of comprehending these other crypto currencies comes from understanding how bitcoin functions then you enter that you understand all these brand-new tokens all these new cryptocurrencies some of them are actually just there to try to where they have no functionality it’s simply we hope

that the cost tomorrow is higher than the price today that’s the only reason you’re getting into it and that comes from education understanding and again going back to an investment thesis truthfully and stating i’m not going to buy anything just because i saw some man pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and discover what it is and discover where it fits for me um i you understand of course need to do a whole lot of research study 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 noted on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never become aware of that i get a huge ego and i resemble how could i not have actually heard of that but i have it and in some way it gets listed and there are probably lots of other people saying the very same aspects of cryptos that i understand a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a great deal of those tokens so the the method i look at it is one there are a few ways one is i attempt to inform myself as much as possible and after that have an idea of what i like to learn about and like to invest in what do i like to invest in do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to buy some that are just simply purely you know pumps like pump plans or something i understand a lot of people generated income on shiba inu i know a lot of individuals earned money on dogecoin that’s great to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anybody they need to or they should not because there are a lot of people that have actually succeeded i pick not to do that a person since they’re they trade keep in mind 24 7 365.

 

 

i don’t want to go to bed one night and i’m up here and get up and i’m down here since what will occur is i’ll never ever sleep again and again from a psychological viewpoint i don’t want that i i try to discover a fair bit about the ones that i have an interest in or learn you understand discover why i might be interested why they may have value and truthfully male it simply takes a great deal of education the other thing i’ll say about that real quickly is you hear a great deal of individuals who don’t comprehend a lot about crypto or or are truly against it saying stating i don’t understand how there can be all these cryptocurrencies among them has 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 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 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 efficiently so it so if we feel and and look this this gets into a bit of an opinion i’m a huge defy man i love decentralized financing and part of the factor is because i’ve remained in financing for so long and i understand where the ineffectiveness are and i know if we can take a few of those ineffectiveness 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 innovation be actually efficient running on dollars running on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient 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 again in my opinion start to begin to swallow up the standard financial system and i don’t suggest that whatever else is going to disappear i mean my feeling is banks and the crypto that the procedures and everything are going to begin working together they’re going to start integrating together and that’s where you’re visiting a good deal of this worth so there’s a lot money in the standard 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 simply going to be called the financial system since it’s simply a it’s basically a database in a network you get informed and again once 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 specifically broadcast for etoro us club members our webinars let members directly communicate with our guests using a q a and any person or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive 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 membership of the wall street journal delta pro and exclusive invitations to irl yes real life etoro events be sure to take a look at the description for any marketing offers and to find out more about our amazing visitors i’ll see you in etoro us’s club Conectar Tradingview Con Etoro.