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There’s all these brand-new cryptos is continuously flooding in…Etoro Transfer Between Accounts… i indicate how do you make 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 basics here’s how bitcoin works and and we talk with a great deal of once again financial consultants here’s just how bitcoin works and when you comprehend bitcoin you understand things like blockchain technology you understand openness and immutability and all those things and then you start to get into what is the investment thesis behind bitcoin which is 80 of the game right there 80 of comprehending these other crypto currencies comes from comprehending how bitcoin functions then you enter into that you know all these new tokens all these brand-new cryptocurrencies a few of them are actually simply there to try to where they have no performance it’s simply we hope

that the price tomorrow is higher than the price today that’s the only factor you’re getting into it which originates from education understanding and again returning to a financial investment thesis truthfully and saying i’m not going to buy anything just because 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 discover what it is and discover where it suitables for me um i you know obviously have to do a great deal of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh each week i see a 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 ever become aware of that i get a big ego and i’m like how could i not have heard of that but i have it and somehow it gets noted and there are most likely tons of other people saying the same things about cryptos that i know a lot about due to the fact that i i tend to look at a lot of defy stuff i tend to look a lot of those tokens so the the method i look at it is one there are a few ways one is i attempt to educate myself as much as possible and after that have a concept of what i like to find out about and like to invest in what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to purchase some that are just just simply you know pumps like pump plans or something i understand a great deal of individuals earned money on shiba inu i understand a lot of individuals made money on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anybody they should or they should not because there are a great deal of people that have actually done well i pick not to do that a person since they’re they trade remember 24 7 365.

 

 

i do not want to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will occur is i’ll never ever sleep again and again from an emotional standpoint i don’t want that i i try to find out quite a bit about the ones that i have an interest in or learn you know find out why i might be interested why they might have worth and honestly guy it simply takes a whole lot of education the other thing i’ll say about that genuine rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are truly against it stating stating i don’t understand 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 a lot of them can exist on their own much of them are a currency that is for a specific 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 okay 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 gets into a little bit of a viewpoint i’m a huge defy person i love decentralized finance and part of the reason is because i’ve remained in financing for so long and i understand where the inefficiencies are and i know if we can take some of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be excellent 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 effective working 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 very much fact to the assertion that since there’s all these cryptocurrencies there’s a minimal quantity of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to once again in my opinion start to start to engulf the conventional monetary system and i do not suggest that everything else is going to disappear i imply my sensation is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to start integrating together and that’s where you’re visiting a good deal of this value so there’s a lot cash in the conventional 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 because it’s just a it’s essentially a database in a network you get informed and once again as soon as you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly engage 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 monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and special invitations to irl yes real life etoro occasions make certain to take a look at the description for any marketing offers and to read more about our amazing visitors i’ll see you in etoro us’s club Etoro Transfer Between Accounts.