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There’s all these new cryptos is constantly flooding in…Etoro B√∂Rse Erfahrung… i suggest how do you make 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 extremely essentials here’s how bitcoin works and and we speak to a lot of once again financial advisors here’s just how bitcoin works and as soon as you comprehend bitcoin you comprehend things like blockchain technology you comprehend transparency 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 comprehending how bitcoin functions then you get into that you know all these new tokens all these new cryptocurrencies some of them are literally just there to try to where they have no functionality it’s just we hope

that the price tomorrow is higher than the price today that’s the only reason you’re entering it and that comes from education understanding and again returning to a financial investment thesis truthfully and saying i’m not going to invest in anything even if 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 find out what it is and find out where it fits for me um i you know obviously need to do a great deal 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 brand-new one being listed on some exchange and i’m and i go i’ve never even i can’t believe i have actually never become aware of that i get a huge ego and i resemble how might i not have heard of that however i have it and somehow it gets noted and there are most likely tons of other people saying the same aspects of cryptos that i understand a lot about due to the fact that i i tend to take a look at a great deal of defy stuff i tend to look a lot of those tokens so the the method i take a look at it is one there are a couple of ways one is i attempt to inform myself as much as possible and after that have an idea of what i like to learn more 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 understanding those i don’t like to invest in some that are simply simply simply you understand pumps like pump plans or something i understand a great deal of people earned money on shiba inu i know a great deal of people earned money on dogecoin that’s great to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anyone they should or they should not because there are a great deal of individuals that have done well i choose not to do that a person because they’re they trade keep in mind 24 7 365.

 

 

i don’t want to go to sleep 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 viewpoint i don’t desire that i i try to discover quite a bit about the ones that i have an interest in or learn you know learn why i might be interested why they might have value and honestly male it simply takes a great deal of education the other thing i’ll say about that genuine rapidly is you hear a lot of people who do not understand a lot about crypto or or are actually versus it saying stating i do not 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 many of them can exist on their own many 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 financial network all right 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 needs to have its own currency to function efficiently so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy person i love decentralized financing and part of the reason is since i’ve remained in financing for so long and i know where the ineffectiveness are and i know if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be terrific 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 actually efficient operating on dollars operating 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 minimal 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 swallow up the conventional monetary system and i don’t imply that whatever else is going to disappear i imply my feeling is banks and the crypto that the protocols and everything are going to begin collaborating they’re going to start incorporating together and that’s where you’re visiting a good deal of this value so there’s a lot money in the standard financing 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 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 informed and again once you get educated have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly connect with our visitors 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 supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro events be sure to check out the description for any advertising offers and to get more information about our fantastic visitors i’ll see you in etoro us’s club Etoro B√∂Rse Erfahrung.