There’s all these new cryptos is constantly flooding in…How To Get My Robinhood 1091 Div… i suggest how do you finish with this deluge of novel cryptocurrency um well well it’s a great deal of that honestly is about education so you if you find out the the extremely essentials here’s how bitcoin works and and we talk with a great deal of once again financial advisors here’s just how bitcoin works and as soon as you comprehend bitcoin you comprehend things like blockchain innovation you comprehend transparency and immutability and all those things and after that you begin to get into what is the 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 know all these new tokens all these new cryptocurrencies some of them are actually simply there to attempt to where they have no performance it’s just we hope
that the rate tomorrow is higher than the price today that’s the only factor you’re entering into it which comes from education understanding and once again going back to a financial investment thesis truthfully and stating i’m not going to purchase anything just because 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 discover what it is and find out where it fits for me um i you know obviously have to do a whole lot of research 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 brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t think i’ve never ever heard of that i get a big ego and i’m like how might i not have heard of that but i have it and somehow it gets noted and there are probably lots of other people stating the same features of cryptos that i know a lot about since 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 try to inform myself as much as possible and after that have an idea of what i like to learn more about and like to buy what do i like to invest in do i like to invest in the ones that have some sort of capital or liquidity protocol or something like that so understanding those i don’t like to purchase some that are simply just purely you understand pumps like pump schemes or something i know a lot of people generated income on shiba inu i understand a great deal of people generated income on dogecoin that’s fantastic to hear i do not want to do that that that’s not me i select not to and i’m not telling anybody they should or they shouldn’t because there are a lot of individuals that have actually succeeded i choose not to do that one because they’re they trade keep in mind 24 7 365.
i do not wish to go to bed one night and i’m up here and get up 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 want that i i try to find out quite a bit about the ones that i have an interest in or learn you know find out why i might be interested why they may have worth and honestly man it just takes a whole lot of education the other thing i’ll state about that genuine quickly is you hear a great deal of people who do not comprehend a lot about crypto or or are actually against it saying stating i don’t comprehend how there can be all these cryptocurrencies among them has to win however that’s that’s not the case they are all they they can or much 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 financial network all right if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it requires to have its own currency to function 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 reason is because i have actually been in financing for so long and i understand where the inadequacies are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be great the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually effective 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 quite reality to the assertion that since 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 again in my viewpoint start to begin to swallow up the standard monetary system and i do not imply that whatever else is going to go away i imply my feeling is banks and the crypto that the protocols and everything are going to begin interacting they’re going to begin integrating together which’s where you’re going to see a lot of this value so there’s a lot cash in the standard 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 eventually it’s just going to be called the monetary system since it’s just a it’s basically a database in a network you get educated and again as soon as you get informed have a financial investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly communicate with our visitors using a q a and anyone or you can sign up with etoro club and u.s club members get a lot of benefits such as an etoro boodle bag exclusive access to our 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 unique invites to irl yes real life etoro events make certain to take a look at the description for any promotional deals and to get more information about our amazing guests i’ll see you in etoro us’s club How To Get My Robinhood 1091 Div.