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There’s all these new cryptos is constantly flooding in…How To See Shares Outstanding Etoro… i mean how do you make with this deluge of unique cryptocurrency um well well it’s a great deal of that truthfully has to do with education so you if you find out the the really fundamentals here’s how bitcoin works and and we speak to a great deal of once again monetary advisors here’s simply how bitcoin works and as soon as you understand bitcoin you comprehend things like blockchain innovation you comprehend transparency and immutability and all those things and after that you begin to enter into what is the investment thesis behind bitcoin and that is 80 of the game right there 80 of understanding these other crypto currencies comes from comprehending how bitcoin functions then you enter into that you know all these brand-new tokens all these brand-new cryptocurrencies a few 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 price today that’s the only factor you’re entering it and that originates from education understanding and again going back to an investment thesis truthfully and stating i’m not going to buy 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 and discover what it is and learn where it fits for me um i you understand of course need to do a great deal 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 have actually never even i can’t believe i have actually never heard of that i get a big ego and i resemble how might i not have actually heard of that however i have it and somehow it gets listed and there are most likely tons of other individuals stating the exact same features of cryptos that i understand a lot about because i i tend to take a look at a lot of defy things i tend to look a lot of those tokens so the the way i take a look at it is one there are a few ways one is i try to inform myself as much as possible and after that have a concept of what i like to discover and like to purchase 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 invest in some that are just just purely you know pumps like pump plans or something i know a great deal 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 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 done well i select not to do that one due to the fact that they’re they trade remember 24 7 365.

 

 

i don’t wish to go to sleep 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 standpoint i do not want that i i try to find out quite a bit about the ones that i’m interested in or discover you know learn why i might be interested why they might have value and truthfully man it just takes a great deal of education the other thing i’ll say about that real rapidly is you hear a great deal of individuals who don’t comprehend a lot about crypto or or are really against it stating stating i do not comprehend how there can be all these cryptocurrencies among 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 much 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 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 bit of a viewpoint i’m a huge defy man i love decentralized finance and part of the factor is due to the fact that i’ve been in financing for so long and i know where the ineffectiveness are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be great the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be really effective running on dollars operating 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 since there’s all these cryptocurrencies there’s a minimal quantity 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 begin to swallow up the traditional financial system and i do not suggest that whatever else is going to go away i indicate my sensation is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to start incorporating together and that’s where you’re visiting a good deal of this value so there’s so much money in the traditional financing 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 just going to be called the financial system because it’s just a it’s basically a database in a network you get educated and again when you get informed have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly engage with our guests utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro boodle bag special access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and unique invitations to irl yes reality etoro occasions make sure to have a look at the description for any marketing offers and to find out more about our remarkable visitors i’ll see you in etoro us’s club How To See Shares Outstanding Etoro.