There’s all these new cryptos is constantly flooding in…Fatwa Ulama Tentang Trading Forex… i indicate how do you do with this deluge of unique cryptocurrency um well well it’s a lot of that truthfully is about education so you if you discover the the very basics here’s how bitcoin works and and we speak with a great deal of again financial advisors here’s just how bitcoin works and as soon as you understand bitcoin you comprehend things like blockchain technology you understand transparency and immutability and all those things and after that you begin to get into what is the investment thesis behind bitcoin and that is 80 of the game right there 80 of understanding these other crypto currencies originates from understanding how bitcoin functions then you enter that you know all these new tokens all these new cryptocurrencies a few of them are actually simply there to attempt to where they have no functionality 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 comes from education understanding and once again returning to a financial investment thesis honestly and saying i’m not going to buy anything even if i saw some guy pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and learn what it is and find out where it suitables for me um i you understand naturally need to do a lot of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being noted on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never heard of that i get a big ego and i’m like how could i not have become aware of that however i have it and in some way it gets listed and there are most likely tons of other individuals stating the exact same things about cryptos that i know a lot about since i i tend to take a look at a great deal 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 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 discover and like to invest in what do i like to invest in do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to invest in some that are simply just simply you know pumps like pump plans or something i understand a lot of people earned money on shiba inu i understand a great deal of individuals earned money on dogecoin that’s excellent to hear i do not want to do that that that’s not me i choose not to and i’m not telling anyone they need to or they should not because there are a great deal of individuals that have done well i pick not to do that one since they’re they trade keep in mind 24 7 365.
i do not want to go to sleep one night and i’m up here and wake up and i’m down here since what will occur is i’ll never sleep again and again from an emotional perspective i do not want that i i attempt to discover quite a bit about the ones that i’m interested in or discover you know learn why i might be interested why they may have value and truthfully man it simply takes a great deal of education the other thing i’ll state about that real rapidly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are really against it saying stating 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 number of them can exist on their own many 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 function effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the factor is because i have actually remained in financing for so long and i know where the inadequacies are and i know if we can take a few of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be great the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be actually effective 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 efficient so there is to me not very much truth to the assertion that because 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 once again in my viewpoint start to start to swallow up the standard financial system and i don’t mean that whatever else is going to disappear i suggest my sensation is banks and the crypto that the procedures and whatever are going to begin working together they’re going to start incorporating together and that’s where you’re going to see a lot of this worth so there’s a lot cash in the traditional finance system that’s going to make its way into what we presently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the financial system since it’s simply a it’s essentially a database in a network you get informed and again once you get informed have a financial investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members directly engage with our guests utilizing a q a and anybody or you can join etoro club and u.s club members get a bunch of perks such as an etoro boodle bag special access to our regular monthly webinars quarterly market reports and a dedicated 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 invites to irl yes real life etoro events make certain to have a look at the description for any marketing offers and to get more information about our remarkable visitors i’ll see you in etoro us’s club Fatwa Ulama Tentang Trading Forex.