There’s all these new cryptos is continuously flooding in…Does Etoro Sell Order Flow… i indicate how do you finish with this deluge of unique cryptocurrency um well well it’s a great deal of that honestly 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 once again financial consultants here’s just how bitcoin works and once you understand bitcoin you comprehend things like blockchain technology you comprehend openness and immutability and all those things and then you start to enter into what is the 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 performance it’s just we hope
that the rate tomorrow is higher than the price today that’s the only factor you’re entering into it which originates from education understanding and once again returning to a financial investment thesis truthfully and stating i’m not going to invest in anything even if 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 learn what it is and learn where it suitables for me um i you know naturally have to do a great deal of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week i see a new one being listed on some exchange and i’m and i go i’ve never ever even i can’t believe i have actually never ever heard of that i get a big ego and i resemble how might i not have actually heard of that however i have it and somehow it gets listed and there are probably tons of other individuals stating the very 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 look at it is one there are a couple of methods one is i try to inform myself as much as possible and after that have a concept 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 just just simply you know pumps like pump schemes or something i understand a great deal of people made money on shiba inu i know a great deal of individuals made money on dogecoin that’s terrific to hear i do not want to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have actually succeeded i pick not to do that a person due to the fact that 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 sleep again and again from an emotional standpoint i don’t want that i i try to learn quite a bit about the ones that i have an interest in or discover you understand discover why i might be interested why they may have worth and honestly man it just takes a lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who do not comprehend a lot about crypto or or are truly against it stating stating i don’t comprehend 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 much of them can exist on their own many of them are a currency that is for a specific 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 all right 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 work efficiently so it so if we feel and and look this this gets into a little bit of a viewpoint i’m a big defy guy i love decentralized finance and part of the factor is because i have actually been in finance 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 use 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 technology be truly efficient working on dollars working 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 quite fact 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 find out which one’s going to be the winner it is going to once again in my opinion start to start to swallow up the conventional monetary system and i don’t indicate that everything else is going to go away i mean my feeling is banks and the crypto that the protocols and whatever are going to begin interacting they’re going to begin incorporating together which’s where you’re going to see a lot of this value so there’s so much cash in the traditional finance 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 financial system due to the fact that it’s simply a it’s basically a database in a network you get educated and again once you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar solely broadcast for etoro us club members our webinars let members directly communicate 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 advantages such as an etoro swag bag special access to our month-to-month 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 unique invitations to irl yes real life etoro occasions make sure to have a look at the description for any promotional offers and to learn more about our incredible visitors i’ll see you in etoro us’s club Does Etoro Sell Order Flow.