Bitcoin Trading Volume Bitcoinity – Understanding Economics

There’s all these new cryptos is constantly flooding in…Bitcoin Trading Volume Bitcoinity… i imply how do you do with this deluge of unique cryptocurrency um well well it’s a great deal of that truthfully is about education so you if you learn the the extremely essentials here’s how bitcoin works and and we talk with a lot of once again monetary consultants here’s just how bitcoin works and when you comprehend bitcoin you understand things like blockchain innovation you understand openness and immutability and all those things and after that you start to enter what is the financial investment thesis behind bitcoin which is 80 of the game right there 80 of understanding these other crypto currencies originates from understanding how bitcoin functions then you get into that you understand all these new tokens all these new cryptocurrencies some of them are actually just there to try to where they have no performance it’s simply we hope

that the price tomorrow is higher than the cost today that’s the only factor you’re entering into it and that comes from education understanding and once again returning to an investment thesis honestly and stating i’m not going to invest in anything even if 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 learn what it is and find out where it suitables for me um i you know obviously have to do a great deal of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a new one being listed on some exchange and i’m and i go i have actually never even i can’t believe i’ve never heard of that i get a huge ego and i’m like how could i not have actually heard of that however i have it and somehow it gets noted and there are probably lots of other individuals stating the exact same things about cryptos that i understand a lot about because i i tend to take a look at a great deal of defy stuff i tend to look a great deal of those tokens so the the way i take a look at it is one there are a couple of ways one is i attempt to inform myself as much as possible and then have an idea of what i like to find out about and like to invest in what do i like to purchase do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to purchase some that are simply simply simply you understand pumps like pump plans or something i know a great deal of people generated income on shiba inu i understand a great deal of people earned money on dogecoin that’s fantastic 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 need to 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 do not want to go to sleep one night and i’m up here and awaken and i’m down here since what will take place 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 learn you know discover why i might be interested why they may have worth and honestly male it simply takes a great deal of education the other thing i’ll say about that real quickly is you hear a lot of individuals who do not understand a lot about crypto or or are truly versus it saying stating i don’t comprehend how there can be all these cryptocurrencies among them needs to win however 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 effectively 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 financing and part of the reason is because i’ve been in financing for so long and i understand where the inadequacies 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 great the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly efficient operating on dollars running 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 quite fact to the assertion that because there’s all these cryptocurrencies there’s a limited 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 start to engulf the conventional financial system and i do not suggest that everything else is going to go away i suggest my sensation is banks and the crypto that the protocols and everything are going to begin collaborating they’re going to begin incorporating together which’s where you’re visiting a good deal of this worth so there’s so much money in the traditional financing system that’s going to make its method into what we currently call the crypto system or the

What’s bad about eToro? Bitcoin Trading Volume Bitcoinity

Defi system and eventually it’s just going to be called the monetary system due to the fact that it’s just a it’s basically a database in a network you get educated and again once 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 specifically transmitted for etoro us club members our webinars let members straight communicate with our guests using a q a and anybody or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag exclusive 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 membership of the wall street journal delta pro and unique invitations to irl yes reality etoro occasions make sure to take a look at the description for any advertising offers and to get more information about our incredible guests i’ll see you in etoro us’s club Bitcoin Trading Volume Bitcoinity.