There’s all these brand-new cryptos is continuously flooding in…Rare Earth Trading Platform… i mean how do you make with this deluge of unique cryptocurrency um well well it’s a lot of that truthfully has to do with education so you if you find out the the extremely fundamentals here’s how bitcoin works and and we talk to a great deal of again financial advisors here’s just 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 video game right there 80 of understanding these other crypto currencies originates from comprehending how bitcoin functions then you enter into that you understand all these new tokens all these brand-new cryptocurrencies some of them are actually just there to try to where they have no functionality it’s simply we hope
that the price 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 a financial investment thesis honestly and saying i’m not going to invest in anything just because 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 discover where it suitables for me um i you understand of course need to do a 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 have actually never ever heard of that i get a big ego and i’m like how could i not have become aware of that but i have it and in some way it gets listed and there are probably tons of other individuals stating the same things about cryptos that i understand 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 look at it is one there are a couple of ways one is i attempt to inform myself as much as possible and after that have an idea of what i like to discover and like to buy what do i like to buy do i like to buy 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 simply just simply you know pumps like pump schemes or something i know a great deal 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 need to or they shouldn’t because there are a lot of people that have done well i choose not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t want to go to sleep one night and i’m up here and awaken and i’m down here because what will happen is i’ll never ever sleep again and again from an emotional standpoint i do not want that i i try to find out quite a bit about the ones that i have an interest in or discover you understand discover why i might be interested why they might have value and truthfully guy it just takes a lot of education the other thing i’ll say about that real rapidly is you hear a lot of individuals who do not comprehend a lot about crypto or or are truly versus it saying saying i do not comprehend how there can be all these cryptocurrencies among 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 much of them are a currency that is for a particular network so bitcoin for instance is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states financial network fine if eth is the currency of the ethereum network so there’s an entire network there and it needs to have his own it it needs to have its own currency to operate effectively so it so if we feel and and look this this enters a little bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the reason is due to the fact that i have actually remained in finance for so long and i know where the inadequacies are and i understand if we can take a few of those inefficiencies out of the system and we can utilize blockchain innovation to do it that would be excellent the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be really effective working on dollars working on us dollars over the banking system you have 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 minimal 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 opinion start to begin to swallow up the traditional financial system and i do not indicate that whatever else is going to go away i mean my sensation is banks and the crypto that the procedures and everything are going to start collaborating 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 way into what we currently call the crypto system or the
What’s bad about eToro? Rare Earth Trading Platform
Defi system and ultimately it’s just going to be called the financial system since it’s simply a it’s essentially a database in a network you get educated and again once 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 relayed for etoro us club members our webinars let members directly communicate with our guests utilizing a q a and anybody or you can join etoro club and u.s club members get a bunch of benefits such as an etoro swag bag exclusive access to our month-to-month webinars quarterly market reports and a devoted account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes reality etoro occasions make certain to check out the description for any marketing deals and to learn more about our amazing guests i’ll see you in etoro us’s club Rare Earth Trading Platform.