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There’s all these new cryptos is constantly flooding in…Etoro Account Hacked… i indicate how do you do with this deluge of novel cryptocurrency um well well it’s a great deal of that truthfully has to do with education so you if you find out the the really fundamentals here’s how bitcoin works and and we talk with a great deal of again financial consultants here’s just how bitcoin works and as soon as you comprehend bitcoin you understand things like blockchain technology you understand transparency and immutability and all those things and then you start to enter what is the financial 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 that you understand 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 price tomorrow is higher than the price today that’s the only reason you’re getting into it which comes from education understanding and once again returning to an investment thesis honestly and stating i’m not going to invest in anything just because 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 learn what it is and find out 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 weekly i see a brand-new one being noted on some exchange and i’m and i go i’ve never even i can’t think i’ve never heard of that i get a huge ego and i resemble how might i not have heard of that but i have it and somehow it gets noted and there are most likely lots of other people saying the same things about cryptos that i understand a lot about because i i tend to take a look at a lot 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 attempt to inform myself as much as possible and after that have a concept of what i like to discover and like to invest in what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i do not like to buy some that are simply just purely you understand pumps like pump plans or something i know a great deal of individuals made money on shiba inu i understand a lot of people earned money on dogecoin that’s great to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they must or they shouldn’t because there are a lot of individuals that have succeeded i select not to do that a person due to the fact that they’re they trade remember 24 7 365.

 

 

i don’t want to go to bed one night and i’m up here and awaken and i’m down here since what will take place is i’ll never ever sleep again and again from an emotional perspective i do not want that i i attempt to find out quite a bit about the ones that i’m interested in or discover you understand find out why i might be interested why they might have value and honestly guy it just takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a great deal of individuals who do not understand a lot about crypto or or are actually versus it saying stating i do not understand how there can be all these cryptocurrencies one of them has to win however 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 into a little bit of a viewpoint i’m a huge defy man i love decentralized finance and part of the factor is due to the fact that i’ve remained in finance 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 utilize blockchain technology to do it that would be great the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really 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 effective so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to once again in my viewpoint start to begin to swallow up the standard financial system and i do not imply that everything else is going to disappear i mean my sensation is banks and the crypto that the procedures and whatever are going to start working together they’re going to start integrating together and that’s where you’re visiting a great deal of this value so there’s so much money in the traditional finance system that’s going to make its method into what we presently call the crypto system or the

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Defi system and ultimately it’s just going to be called the monetary system since it’s simply a it’s essentially a database in a network you get educated and again when you get educated have a financial investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly interact 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 exclusive access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and unique invitations to irl yes reality etoro occasions be sure to have a look at the description for any advertising deals and to read more about our incredible guests i’ll see you in etoro us’s club Etoro Account Hacked.