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There’s all these new cryptos is continuously flooding in…Etoro An Error Has Occurred Please Try Again… i suggest how do you make with this deluge of novel cryptocurrency um well well it’s a great deal of that truthfully has to do with education so you if you discover the the really basics here’s how bitcoin works and and we speak with a great deal of once again monetary advisors here’s just how bitcoin works and when you understand bitcoin you understand things like blockchain innovation you comprehend transparency and immutability and all those things and after that you start to enter what is the financial investment thesis behind bitcoin which is 80 of the game right there 80 of comprehending these other crypto currencies originates from understanding how bitcoin functions then you get into that you know all these brand-new tokens all these brand-new cryptocurrencies some of them are literally just there to attempt to where they have no functionality it’s simply we hope

that the rate tomorrow is higher than the price today that’s the only reason you’re entering into it and that comes from education understanding and once again going back to an investment thesis truthfully and saying i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and learn what it is and learn where it fits for me um i you understand obviously have to do a whole lot of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh every 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 heard of that i get a huge ego and i’m like how could i not have actually heard of that but i have it and in some way it gets listed and there are probably tons of other people saying the same things about cryptos that i understand 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 educate myself as much as possible and then have an idea of what i like to learn about and like to buy what do i like to invest in do i like to invest in the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i do not like to purchase some that are just just purely you know pumps like pump plans or something i understand a lot of people earned money on shiba inu i know a lot of individuals generated income on dogecoin that’s excellent 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 must or they should not because there are a lot of individuals that have succeeded i choose not to do that one because they’re they trade keep in mind 24 7 365.

 

 

i do not want 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 happen is i’ll never sleep again and again from a psychological standpoint i don’t want that i i try to learn quite a bit about the ones that i have an interest in or learn you understand learn why i might be interested why they might have worth and truthfully guy it just takes a lot of education the other thing i’ll state about that real quickly is you hear a lot of individuals who do not comprehend a lot about crypto or or are truly versus it stating saying i don’t 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 much of them can exist on their own a number 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 economic 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 work efficiently so it so if we feel and and look this this enters a bit of a viewpoint i’m a big defy person i love decentralized financing and part of the factor is because i’ve remained in finance for so long and i know where the inefficiencies are and i know if we can take some of those inadequacies out of the system and we can use blockchain technology to do it that would be terrific the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be truly 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 efficient so there is to me not very much fact to the assertion that because there’s all these cryptocurrencies there’s a minimal 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 viewpoint start to begin to swallow up the standard monetary system and i do not suggest that whatever else is going to go away i imply my sensation is banks and the crypto that the procedures and everything are going to start interacting they’re going to start incorporating together and that’s where you’re going to see a great deal of this value so there’s a lot money in the traditional 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 monetary system due to the fact that it’s just a it’s essentially a database in a network you get educated and once 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 specifically transmitted for etoro us club members our webinars let members straight connect with our guests utilizing a q a and anyone or you can join 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 supervisor if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and unique invites to irl yes real life etoro events be sure to have a look at the description for any promotional deals and to get more information about our amazing guests i’ll see you in etoro us’s club Etoro An Error Has Occurred Please Try Again.