There’s all these new cryptos is continuously flooding in…Rania Salem Etoro… i imply how do you do with this deluge of novel cryptocurrency um well well it’s a great deal of that truthfully is about education so you if you discover the the extremely fundamentals here’s how bitcoin works and and we talk to a great deal of again monetary consultants here’s just how bitcoin works and once you comprehend bitcoin you understand things like blockchain technology you comprehend transparency and immutability and all those things and then you start to enter into what is the financial investment thesis behind bitcoin which is 80 of the game right there 80 of comprehending 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 just there to attempt 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 factor you’re getting into it and that originates from education understanding and once again going back to an investment thesis truthfully and stating i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and find out what it is and learn where it suitables for me um i you understand obviously have to do a whole lot of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh every week i see a brand-new one being listed on some exchange and i’m and i go i have actually never even i can’t believe i’ve never ever heard of that i get a huge ego and i’m like how could i not have actually heard of that but i have it and in some way it gets noted and there are most likely lots of other individuals saying the exact same things about cryptos that i understand a lot about due to the fact that i i tend to look at a great deal of defy stuff i tend to look a great deal of those tokens so the the method i take a look at it is one there are a couple of ways one is i try to educate myself as much as possible and then have an idea of what i like to learn more about and like to invest in what do i like to invest in do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i do not like to purchase some that are just just simply you know pumps like pump plans or something i understand a great deal of people generated income on shiba inu i know a lot of individuals made money 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 must or they should not because there are a great deal of people that have done well i pick not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t wish to go to bed 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 a psychological perspective i do not want that i i attempt to discover quite a bit about the ones that i’m interested in or discover you understand find out why i might be interested why they may have value and truthfully man it just takes a great deal of education the other thing i’ll state about that genuine quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are truly against it saying stating i do not comprehend how there can be all these cryptocurrencies one of 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 number 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 alright 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 requires to have its own currency to operate efficiently so it so if we feel and and look this this enters a little bit of a viewpoint i’m a big defy man i love decentralized finance and part of the reason is because i’ve been in finance for so long and i know where the inefficiencies are and i know if we can take some of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be great the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology 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 effective so there is to me not very much truth to the assertion that since there’s all these cryptocurrencies there’s a minimal quantity of dollars that’s going to go into them so i got to find out which one’s going to be the winner it is going to again in my opinion start to start to swallow up the standard financial system and i don’t suggest that whatever else is going to go away i imply my feeling is banks and the crypto that the protocols and whatever are going to begin interacting they’re going to start integrating together which’s where you’re going to see a great deal of this worth so there’s so much cash in the standard financing system that’s going to make its method into what we currently call the crypto system or the
What’s bad about eToro? Rania Salem Etoro
Defi system and ultimately it’s just going to be called the financial system since it’s just a it’s essentially a database in a network you get informed and once again as soon as you get educated have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members straight communicate with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of advantages such as an etoro boodle bag exclusive access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and special invitations to irl yes reality etoro occasions make sure to check out the description for any marketing deals and to get more information about our remarkable visitors i’ll see you in etoro us’s club Rania Salem Etoro.