There’s all these new cryptos is continuously flooding in…Etoro Monsterdealz… i suggest how do you finish with this deluge of unique cryptocurrency um well well it’s a lot of that truthfully is about education so you if you find out the the really fundamentals here’s how bitcoin works and and we speak to a lot of once again financial consultants here’s just how bitcoin works and once you comprehend bitcoin you understand 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 which is 80 of the video game right there 80 of understanding these other crypto currencies originates from understanding how bitcoin functions then you enter that you know all these brand-new tokens all these brand-new cryptocurrencies some of them are actually simply there to attempt to where they have no functionality it’s just we hope
that the rate tomorrow is higher than the rate today that’s the only reason you’re entering into it and that originates from education understanding and again going back to an investment thesis honestly and stating i’m not going to purchase anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and learn what it is and discover where it fits for me um i you understand of course need to do a whole lot of research i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being listed on some exchange and i’m and i go i’ve never ever even i can’t believe i’ve never become aware of that i get a big ego and i’m like how could i not have actually heard of that however i have it and somehow it gets listed and there are most likely lots of other people saying the exact same aspects of cryptos that i understand a lot about due to the fact that i i tend to 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 methods one is i try to educate myself as much as possible and then 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 invest in the ones that have some sort of capital or liquidity protocol or something like that so understanding 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 made money on shiba inu i understand a lot of individuals earned money on dogecoin that’s great to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anyone they must or they shouldn’t because there are a lot of individuals that have actually succeeded i pick not to do that a person since they’re they trade remember 24 7 365.
i don’t want to go to bed one night and i’m up here and awaken and i’m down here because what will happen is i’ll never sleep again and again from an emotional viewpoint i do not desire that i i try to find out quite a bit about the ones that i’m interested in or learn you understand find out why i might be interested why they may have worth and honestly man it simply takes a great deal of education the other thing i’ll say about that real rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are actually against it saying saying i do not comprehend how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or a lot of them can exist on their own much 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 economic network fine 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 gets into a little bit of an opinion i’m a big defy person i love decentralized financing and part of the reason is because i’ve been in finance for so long and i know where the inefficiencies are and i know if we can take some of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be fantastic the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly effective operating on dollars working on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it effective so there is to me not very much truth to the assertion that since there’s all these cryptocurrencies there’s a restricted 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 again in my viewpoint start to start to engulf the standard financial system and i do not imply that everything else is going to go away i indicate my feeling is banks and the crypto that the procedures and whatever are going to begin working together they’re going to start incorporating together which’s where you’re going to see a great deal of this value so there’s a lot cash in the standard finance system that’s going to make its way into what we currently call the crypto system or the
What’s bad about eToro? Etoro Monsterdealz
Defi system and ultimately it’s just going to be called the financial system because it’s just a it’s essentially a database in a network you get educated and once again as soon as you get educated 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 exclusively relayed for etoro us club members our webinars let members directly interact with our visitors using a q a and anybody or you can join etoro club and u.s club members get a lot of perks such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a devoted account manager if you join our greater 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 be sure to check out the description for any marketing deals and for more information about our amazing guests i’ll see you in etoro us’s club Etoro Monsterdealz.