There’s all these brand-new cryptos is continuously flooding in…Robinhood Error Option Cannot Be Traded Right Now… i indicate how do you make with this deluge of unique cryptocurrency um well well it’s a great deal of that truthfully is about education so you if you find out the the really basics here’s how bitcoin works and and we talk with a lot of again monetary advisors here’s just how bitcoin works and when you understand bitcoin you comprehend things like blockchain technology you understand openness 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 get into that you understand all these new tokens all these brand-new cryptocurrencies some of them are literally just there to try to where they have no performance it’s simply we hope
that the price tomorrow is higher than the price today that’s the only reason you’re getting into it and that originates from education understanding and once again going back to a financial investment thesis truthfully and saying i’m not going to buy 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 study and learn what it is and learn where it fits for me um i you know naturally have to do a lot of research i can’t stay up to date with most likely 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’ve never even i can’t believe i have actually never become aware of that i get a big ego and i’m like how could i not have actually heard of that however i have it and somehow it gets listed and there are probably lots of other people saying the same aspects of cryptos that i understand a lot about since i i tend to take a look at a lot of defy things 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 few ways one is i attempt to inform myself as much as possible and then 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 comprehending those i don’t like to buy some that are just simply purely you understand pumps like pump plans or something i understand a great deal of individuals made money on shiba inu i know a great deal of people earned money on dogecoin that’s excellent 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 must or they shouldn’t because there are a lot of people that have actually done well i choose not to do that a person since they’re they trade keep in mind 24 7 365.
i do not want to go to sleep one night and i’m up here and wake up and i’m down here due to the fact that what will take place is i’ll never ever sleep again and again from an emotional viewpoint i don’t want that i i attempt to discover quite a bit about the ones that i’m interested in or discover you know learn why i might be interested why they may have worth and honestly guy it simply takes a great deal of education the other thing i’ll state about that real rapidly is you hear a lot of individuals who do not understand a lot about crypto or or are really against it saying stating i don’t understand how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or much of them can exist on their own many 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 an entire 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 gets into a bit of an opinion i’m a huge defy man i love decentralized finance and part of the reason is since i have actually remained in financing for so long and i know where the ineffectiveness are and i know if we can take some of those inefficiencies out of the system and we can use blockchain innovation to do it that would be great the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be truly effective operating on dollars running 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 fact to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted quantity 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 viewpoint start to begin to engulf the conventional 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 procedures and everything are going to start working together they’re going to begin integrating together and that’s where you’re going to see a good deal of this worth so there’s so much money in the standard financing system that’s going to make its method into what we currently call the crypto system or the
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Defi system and eventually it’s simply going to be called the financial system because it’s just a it’s basically a database in a network you get informed and once again once 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 solely relayed for etoro us club members our webinars let members straight communicate with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and special invitations to irl yes real life etoro events be sure to have a look at the description for any advertising offers and to read more about our fantastic guests i’ll see you in etoro us’s club Robinhood Error Option Cannot Be Traded Right Now.