Etoro Expert Advisor – Understanding Economics

There’s all these new cryptos is constantly flooding in…Etoro Expert Advisor… i mean how do you do with this deluge of unique cryptocurrency um well well it’s a lot of that honestly has to do with education so you if you find out the the extremely essentials here’s how bitcoin works and and we talk with a lot of once again monetary consultants here’s simply how bitcoin works and when you comprehend bitcoin you understand things like blockchain technology you understand transparency and immutability and all those things and after that you start to enter 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 get into that you understand all these new tokens all these new cryptocurrencies some of them are literally just there to attempt to where they have no functionality it’s just we hope

that the price tomorrow is higher than the rate today that’s the only factor you’re entering into it and that comes from education understanding and once again going back to an investment thesis honestly and saying i’m not going to invest in anything just because i saw some guy pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and discover what it is and discover where it suitables for me um i you understand obviously have to do a 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 every week i see a new one being noted on some exchange and i’m and i go i’ve never even i can’t believe i’ve 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 in some way it gets listed and there are most likely tons of other people saying the exact same things about cryptos that i know a lot about due to the fact that i i tend to take a look at a great deal 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 methods one is i try to educate 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 purchase 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 invest in some that are just just purely you understand pumps like pump plans or something i know a lot of individuals made money on shiba inu i understand a lot of individuals generated income on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i select not to and i’m not telling anyone they should or they shouldn’t because there are a lot of individuals that have done well i select not to do that one because they’re they trade keep in mind 24 7 365.

 

 

i don’t want to go to bed one night and i’m up here and wake up and i’m down here since what will happen is i’ll never sleep again and again from a psychological standpoint i do not desire that i i attempt to discover 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 value and honestly male it just takes a whole lot of education the other thing i’ll state 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 saying stating 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 number of them can exist on their own a lot of them are a currency that is for a particular 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 financial 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 needs to have its own currency to function efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy man i love decentralized finance and part of the reason is due to the fact that i’ve remained in financing for so long and i know where the inefficiencies 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 excellent 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 running on dollars working 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 very much fact 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 find out which one’s going to be the winner it is going to again in my viewpoint start to begin to swallow up the traditional monetary system and i do not imply that whatever else is going to disappear i indicate my sensation is banks and the crypto that the protocols and whatever are going to start working together they’re going to begin integrating together which’s where you’re going to see a lot of this worth so there’s a lot money in the traditional financing system that’s going to make its way into what we presently call the crypto system or the

What’s bad about eToro? Etoro Expert Advisor

Defi system and ultimately it’s simply going to be called the monetary system since it’s just a it’s essentially a database in a network you get informed and again as soon as you get informed have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members directly connect with our guests utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our monthly webinars quarterly market reports and a devoted 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 real life etoro events make sure to take a look at the description for any promotional offers and to read more about our fantastic guests i’ll see you in etoro us’s club Etoro Expert Advisor.