There’s all these new cryptos is continuously flooding in…Marcos Zelniker Etoro… i mean how do you finish with this deluge of novel cryptocurrency um well well it’s a lot of that truthfully is about education so you if you learn the the extremely essentials here’s how bitcoin works and and we speak with a lot of once again financial advisors here’s just how bitcoin works and when you understand bitcoin you comprehend 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 which is 80 of the game right there 80 of understanding these other crypto currencies comes from understanding how bitcoin functions then you enter that you know all these new tokens all these new cryptocurrencies some of them are actually simply there to try to where they have no functionality it’s just we hope
that the cost tomorrow is higher than the rate today that’s the only reason you’re getting into it which comes from education understanding and again returning to a financial investment thesis honestly and stating i’m not going to buy 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 find out what it is and find out where it suitables for me um i you understand naturally have to do a great deal of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh each week i see a new one being listed on some exchange and i’m and i go i have actually never even i can’t think i’ve never ever become aware 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 in some way it gets listed and there are most likely tons of other individuals stating the very same features of cryptos that i understand a lot about since i i tend to look at a lot 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 methods 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 purchase do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to purchase 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 made money 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 anybody they should or they should not because there are a lot of people that have actually succeeded i select not to do that one due to the fact that they’re they trade keep in mind 24 7 365.
i don’t wish to go to sleep one night and i’m up here and awaken and i’m down here due to the fact that what will happen is i’ll never sleep again and again from an emotional viewpoint i don’t want that i i attempt to discover a fair bit about the ones that i have an interest in or discover you know discover why i might be interested why they might have worth and honestly male it simply takes a whole lot of education the other thing i’ll state about that real quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are really against it stating saying i do not 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 much of them can exist on their own much 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 economic network okay 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 needs to have its own currency to function effectively so it so if we feel and and look this this gets into a little bit of a viewpoint i’m a big defy person i love decentralized financing and part of the reason is because i have actually been in finance for so long and i understand where the inadequacies 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 great the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be truly effective working on dollars operating 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 reality to the assertion that since there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to go 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 engulf the conventional monetary system and i do not mean that everything else is going to go away i imply my sensation is banks and the crypto that the protocols and whatever are going to start interacting they’re going to begin incorporating together which’s where you’re visiting a good deal of this worth so there’s a lot money in the traditional finance system that’s going to make its way into what we currently call the crypto system or the
What’s bad about eToro? Marcos Zelniker Etoro
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 informed and once again when you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members directly interact with our visitors using 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 regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater 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 be sure to take a look at the description for any marketing offers and to read more about our remarkable visitors i’ll see you in etoro us’s club Marcos Zelniker Etoro.