There’s all these new cryptos is continuously flooding in…Dayhighdaylow 2 Indicator Metatrader 4… i mean how do you make with this deluge of novel cryptocurrency um well well it’s a great deal of that honestly is about education so you if you discover the the very fundamentals here’s how bitcoin works and and we speak with a great deal of once again financial consultants here’s simply how bitcoin works and as soon as you comprehend bitcoin you understand things like blockchain technology you understand 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 comprehending these other crypto currencies comes from comprehending how bitcoin functions then you enter into that you understand all these brand-new tokens all these brand-new cryptocurrencies some of them are literally simply there to attempt to where they have no performance it’s simply we hope
that the rate tomorrow is higher than the rate today that’s the only factor you’re getting into it which originates from education understanding and again going back to an investment thesis truthfully and saying i’m not going to purchase anything even if 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 discover what it is and learn where it fits for me um i you understand obviously need to do a whole lot of research study 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’ve never even i can’t believe i’ve never ever heard of that i get a huge ego and i’m like how might i not have become aware of that but i have it and somehow it gets listed and there are most likely lots of other people saying the very same features of cryptos that i understand a lot about because i i tend to look at a lot of defy stuff i tend to look a lot of those tokens so the the way i look at it is one there are a couple of ways one is i try to inform myself as much as possible and then have a concept of what i like to learn more about and like to purchase what do i like to invest in do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to buy some that are just just simply you understand pumps like pump plans or something i understand a lot of people earned money on shiba inu i know a great deal of people earned money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i select not to and i’m not telling anybody they ought to or they should not because there are a great deal of people that have actually done well i choose 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 get up and i’m down here due to the fact that what will occur is i’ll never sleep again and again from an emotional standpoint i do not want that i i attempt to discover quite a bit about the ones that i have an interest in or learn you understand find out why i might be interested why they may have worth and truthfully guy it just takes a whole lot of education the other thing i’ll state about that genuine quickly is you hear a lot of people who do not understand a lot about crypto or or are actually against it saying stating i don’t understand 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 a lot 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 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 requires to have its own currency to operate effectively so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a big defy man i love decentralized finance and part of the factor is since i’ve remained in financing for so long and i understand where the ineffectiveness are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be great the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be really effective working on dollars running 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 reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to once again in my viewpoint start to start to engulf the standard monetary system and i don’t indicate that everything else is going to disappear i imply my feeling is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to start integrating together and that’s where you’re visiting a lot of this value so there’s so much cash in the traditional finance system that’s going to make its way into what we currently call the crypto system or the
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Defi system and eventually it’s simply going to be called the financial system due to the fact that it’s simply a it’s essentially a database in a network you get educated and once again once you get informed have a financial investment thesis here’s what i like to invest in 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 interact with our guests utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro boodle bag exclusive access to our regular monthly 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 special invites to irl yes reality etoro events be sure to check out the description for any advertising deals and to get more information about our remarkable guests i’ll see you in etoro us’s club Dayhighdaylow 2 Indicator Metatrader 4.