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There’s all these new cryptos is continuously flooding in…Etoro Option Time And Sales… i imply how do you finish with this deluge of novel cryptocurrency um well well it’s a lot of that honestly has to do with education so you if you find out the the extremely fundamentals here’s how bitcoin works and and we talk with a lot of once again financial advisors here’s simply how bitcoin works and when you understand bitcoin you comprehend things like blockchain technology you understand transparency and immutability and all those things and then you begin to enter into what is the financial investment thesis behind bitcoin and that is 80 of the video game right there 80 of comprehending these other crypto currencies originates from understanding how bitcoin functions then you enter 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 performance it’s simply we hope

that the price tomorrow is higher than the cost today that’s the only reason you’re entering into it which comes from education understanding and once again going back to a financial investment thesis honestly and saying i’m not going to purchase anything just because i saw some man pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and discover what it is and find out where it suitables for me um i you know naturally have to do a great deal of research study 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 brand-new one being noted 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 resemble how might i not have actually become aware of that however i have it and in some way it gets listed and there are probably lots of other individuals saying the same things about cryptos that i know a lot about since i i tend to look at a lot of defy things i tend to look a great deal of those tokens so the the method i take a look at it is one there are a few ways one is i attempt to inform myself as much as possible and then have an idea of what i like to learn more about and like to invest in what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to invest in some that are just just purely you understand pumps like pump plans or something i know a lot of people generated income on shiba inu i know a lot of individuals generated income on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i select not to and i’m not telling anyone they need to or they shouldn’t because there are a great deal of people that have actually done well i select not to do that one due to the fact that they’re they trade remember 24 7 365.

 

 

i do not want to go to sleep one night and i’m up here and get up and i’m down here since what will happen 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’m interested in or learn you know learn why i might be interested why they may have value and honestly man it just takes a lot of education the other thing i’ll say about that genuine rapidly is you hear a lot of individuals who don’t understand a lot about crypto or or are truly against it saying saying i don’t comprehend how there can be all these cryptocurrencies one of them has 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 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 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 effectively so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy man i love decentralized finance and part of the reason is due to the fact that i have actually been in finance for so long and i understand where the ineffectiveness are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be terrific the important things is the blockchain technology is not effective 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 have to have the cryptocurrency the currency of the network to make it effective so there is to me not quite reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to enter into them so i got to figure out which one’s going to be the winner it is going to again in my opinion start to begin to engulf the traditional monetary system and i don’t indicate that everything else is going to go away i suggest my feeling is banks and the crypto that the protocols and everything are going to start interacting they’re going to start incorporating together which’s where you’re going to see a lot of this worth so there’s so much cash 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 financial system since it’s just a it’s basically a database in a network you get informed and once again once you get informed 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 exclusively transmitted for etoro us club members our webinars let members directly communicate with our visitors utilizing a q a and any person or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro boodle bag exclusive access to our month-to-month webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invitations to irl yes real life etoro events make sure to have a look at the description for any marketing offers and to learn more about our amazing visitors i’ll see you in etoro us’s club Etoro Option Time And Sales.