There’s all these new cryptos is continuously flooding in…Buy Bitcoin Bitch… i mean how do you finish with this deluge of unique cryptocurrency um well well it’s a lot of that honestly is about education so you if you discover the the really essentials here’s how bitcoin works and and we talk with a lot of once again financial advisors here’s just how bitcoin works and once you comprehend bitcoin you understand things like blockchain innovation you comprehend openness and immutability and all those things and after that you start to get into what is the financial investment thesis behind bitcoin which is 80 of the video game right there 80 of understanding these other crypto currencies comes 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 simply there to attempt to where they have no functionality it’s just we hope
that the cost tomorrow is higher than the price today that’s the only reason you’re getting into it which comes from education understanding and again going back 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 and find out what it is and discover where it fits for me um i you know of course need to do a lot 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 new one being listed on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never ever heard of that i get a huge ego and i’m like how might i not have heard of that but i have it and in some way it gets noted and there are probably tons of other people stating the very same things about cryptos that i understand a lot about because i i tend to look at a great deal of defy things i tend to look a great deal of those tokens so the the way i look at it is one there are a few ways one is i attempt to educate 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 buy do i like to purchase the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to purchase some that are simply simply purely you understand pumps like pump schemes or something i know a lot of individuals generated income on shiba inu i know a lot of individuals generated income on dogecoin that’s great to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they ought to or they should not because there are a lot of people that have actually succeeded i choose not to do that one 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 wake up and i’m down here due to the fact that what will occur is i’ll never ever sleep again and again from a psychological standpoint i do not desire that i i try to discover quite a bit about the ones that i’m interested in or discover you know discover why i might be interested why they might have worth and truthfully male it simply takes a lot of education the other thing i’ll state about that genuine quickly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are truly versus it saying stating i don’t understand how there can be all these cryptocurrencies one of them has 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 many 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 alright if eth is the currency of the ethereum network so there’s an entire network there and it has to have his own it it needs 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 big defy man i love decentralized financing and part of the factor is because i’ve been 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 excellent the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be truly efficient working 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 quite fact to the assertion that because there’s all these cryptocurrencies there’s a limited amount 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 again in my viewpoint start to begin to swallow up the standard monetary system and i do not indicate that whatever else is going to go away i mean my feeling is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to begin incorporating together which’s where you’re visiting a lot of this value so there’s so much money in the standard financing 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 financial system due to the fact that it’s just a it’s essentially a database in a network you get informed and again as soon as you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar specifically relayed for etoro us club members our webinars let members straight interact with our visitors utilizing a q a and any person 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 regular 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 invitations to irl yes reality etoro events make certain to check out the description for any marketing offers and to find out more about our incredible visitors i’ll see you in etoro us’s club Buy Bitcoin Bitch.