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There’s all these new cryptos is continuously flooding in…Etoro Vs Trust Wallet… i suggest how do you do with this deluge of novel cryptocurrency um well well it’s a great deal of that honestly has to do with education so you if you find out the the very fundamentals here’s how bitcoin works and and we talk to a lot of once again financial consultants here’s simply how bitcoin works and as soon as you understand bitcoin you understand things like blockchain innovation you understand openness and immutability and all those things and then you start to enter into what is the investment thesis behind bitcoin and that is 80 of the video game right there 80 of understanding these other crypto currencies comes from understanding how bitcoin functions then you get into that you know all these brand-new tokens all these new cryptocurrencies a few of them are actually just there to try to where they have no functionality it’s simply we hope

that the cost tomorrow is higher than the rate today that’s the only factor you’re entering it and that comes from education understanding and once again returning 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 someone pumping it on twitter i’m going to do my research and discover what it is and discover where it suitables for me um i you know of course need to do a whole lot of research study 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’ve never even i can’t believe i’ve never heard of that i get a huge ego and i resemble how could i not have become aware of that however i have it and in some way it gets noted and there are most likely tons of other individuals stating the same features of 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 lot of those tokens so the the method i look at it is one there are a few ways one is i try to inform myself as much as possible and after that have a concept of what i like to find out about and like to purchase what do i like to purchase do i like to purchase the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to buy some that are simply simply simply you know pumps like pump plans or something i understand a great deal of people earned money on shiba inu i know a great deal of people made money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have succeeded i select not to do that a person since they’re they trade remember 24 7 365.

 

 

i don’t wish to go to sleep one night and i’m up here and wake up and i’m down here since what will occur is i’ll never sleep again and again from an emotional viewpoint i do not desire that i i try to learn quite a bit about the ones that i have an interest in or learn you understand discover why i might be interested why they may have value and truthfully male it just takes a great deal 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 truly versus it stating saying i don’t comprehend how there can be all these cryptocurrencies one of them has 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 all right 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 needs to have its own currency to operate effectively so it so if we feel and and look this this enters into a bit of a viewpoint i’m a big defy man i love decentralized financing and part of the reason is due to the fact that i’ve been in financing for so long and i understand where the ineffectiveness are and i know if we can take some of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be great the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be really effective operating on dollars working on us dollars over the banking system you have 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 limited 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 viewpoint start to begin to swallow up the traditional financial system and i do not mean that everything else is going to go away i mean my feeling is banks and the crypto that the procedures and everything are going to start collaborating they’re going to begin integrating together and that’s where you’re visiting a lot of this worth so there’s so much cash in the traditional 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 ultimately it’s just going to be called the financial system due to the fact that it’s simply a it’s basically a database in a network you get educated and again once you get informed 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 broadcast for etoro us club members our webinars let members directly connect with our visitors using a q a and anybody or you can join etoro club and u.s club members get a lot of perks such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes real life etoro events make certain to have a look at the description for any marketing deals and to learn more about our fantastic visitors i’ll see you in etoro us’s club Etoro Vs Trust Wallet.