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There’s all these brand-new cryptos is continuously flooding in…Etoro Trading Bot… i imply how do you finish with this deluge of unique cryptocurrency um well well it’s a lot of that honestly has to do with education so you if you learn the the really fundamentals here’s how bitcoin works and and we speak with a lot of once again monetary consultants here’s just how bitcoin works and as soon as you comprehend bitcoin you understand things like blockchain innovation you understand transparency and immutability and all those things and after that you begin to enter 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 comprehending how bitcoin functions then you get into that you understand 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 cost tomorrow is higher than the price today that’s the only reason you’re entering into it which 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 guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and find out what it is and find out where it suitables for me um i you understand of course have to do a lot of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh every week i see a new one being noted 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 big ego and i’m like 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 tons of other individuals saying the very same features of cryptos that i know a lot about because i i tend to look at a lot of defy stuff i tend to look a lot of those tokens so the the way i take a 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 an idea of what i like to learn more about and like to invest in what do i like to purchase do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i do not like to buy some that are just just purely you understand pumps like pump schemes or something i know a great deal of people earned money on shiba inu i know a great deal of individuals made money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have done well i pick not to do that a person due to the fact that they’re they trade remember 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 take place is i’ll never ever sleep again and again from an emotional standpoint i don’t want that i i attempt to find out a fair bit about the ones that i’m interested in or learn you understand learn why i might be interested why they might have value and truthfully guy it simply takes a lot of education the other thing i’ll state about that real rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are truly against it stating saying i do not comprehend how there can be all these cryptocurrencies one of them needs to win but 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 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 needs to have his own it it needs to have its own currency to operate 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 factor is because i’ve remained in finance for so long and i know where the inefficiencies are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain technology to do it that would be fantastic the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation 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 effective so there is to me not very much fact to the assertion that because 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 once again in my viewpoint start to begin to engulf the standard monetary system and i don’t indicate that everything else is going to go away i mean my sensation is banks and the crypto that the procedures and everything are going to start collaborating they’re going to start integrating together which’s where you’re going to see a great deal of this value so there’s so much cash in the standard 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 eventually it’s simply going to be called the financial system since 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 do not 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 bunch of advantages such as an etoro boodle bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account supervisor 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 make sure to have a look at the description for any marketing deals and to learn more about our amazing guests i’ll see you in etoro us’s club Etoro Trading Bot.