There’s all these new cryptos is constantly flooding in…Kopier Dividende Etoro… i suggest how do you make with this deluge of novel cryptocurrency um well well it’s a lot of that honestly is about education so you if you learn the the really fundamentals here’s how bitcoin works and and we talk with a great deal of again financial advisors here’s simply 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 enter into what is the financial 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 get into that you understand all these new tokens all these new cryptocurrencies a few of them are literally simply there to try to where they have no functionality it’s just we hope
that the rate tomorrow is higher than the cost today that’s the only factor you’re entering it which originates from education understanding and once again returning to a financial 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 discover where it fits for me um i you know naturally need to do a whole lot of research i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t think i have actually never ever 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 in some way it gets listed and there are most likely lots of other people stating the same features of cryptos that i know a lot about since i i tend to look at a lot of defy things i tend to look a lot 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 after that have an idea of what i like to find out about and like to purchase what do i like to buy do i like to buy 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 simply purely you know pumps like pump plans or something i know a great deal of people made money on shiba inu i understand a great deal of people 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 anyone they must or they should not because there are a lot of people that have done well i choose not to do that a person 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 awaken and i’m down here because what will take place is i’ll never sleep again and again from a psychological viewpoint i don’t desire that i i try to learn quite a bit about the ones that i have an interest in or discover you know find out why i might be interested why they might have value and honestly male it just takes a whole lot of education the other thing i’ll say about that genuine rapidly is you hear a great deal of people who do not comprehend a lot about crypto or or are really versus 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 a lot 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 needs to have his own it it requires to have its own currency to work effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy person i love decentralized financing and part of the factor is since i have actually been in finance for so long and i understand where the inadequacies are and i know if we can take a few of those inadequacies out of the system and we can utilize blockchain technology to do it that would be fantastic the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be truly efficient operating on dollars working 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 very much reality to the assertion that because there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to go into them so i got to find out which one’s going to be the winner it is going to again in my viewpoint start to begin to engulf the conventional monetary system and i don’t suggest that whatever else is going to go away i imply my sensation is banks and the crypto that the procedures and everything are going to begin working together they’re going to start incorporating together which’s where you’re visiting a great deal of this value so there’s so much money in the conventional 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 monetary system due to the fact that it’s simply a it’s basically a database in a network you get educated and once again when you get educated have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar solely relayed for etoro us club members our webinars let members straight connect with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro swag bag unique access to our monthly webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and special invites to irl yes real life etoro events make sure to check out the description for any promotional deals and for more information about our remarkable guests i’ll see you in etoro us’s club Kopier Dividende Etoro.