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There’s all these new cryptos is constantly flooding in…Etoro You Are Currently Unable To Deposit Funds Please Contact Support… i mean how do you do with this deluge of unique cryptocurrency um well well it’s a lot of that honestly is about education so you if you find out the the very fundamentals here’s how bitcoin works and and we speak with a lot of again monetary consultants here’s simply 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 begin to get into what is the financial investment thesis behind bitcoin which is 80 of the game right there 80 of understanding these other crypto currencies originates from comprehending how bitcoin functions then you enter that you understand all these brand-new tokens all these brand-new cryptocurrencies some of them are literally simply there to try to where they have no functionality it’s simply we hope

that the price tomorrow is higher than the cost today that’s the only reason you’re entering it which comes from education understanding and once again going back to a financial investment thesis honestly and stating i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and learn what it is and discover where it fits for me um i you understand of course 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 new one being noted on some exchange and i’m and i go i have actually never even i can’t believe i’ve never become aware of that i get a huge ego and i’m like how could i not have heard of that however i have it and in some way it gets noted and there are most likely tons of other individuals saying the same features of cryptos that i know a lot about because i i tend to take a look at a great deal of defy things i tend to look a lot of those tokens so the the way i take a look at it is one there are a few methods one is i attempt to inform myself as much as possible and after that have an idea of what i like to find out about and like to purchase what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to purchase some that are just just simply you understand pumps like pump plans or something i know a lot of individuals made money on shiba inu i understand a great deal of people generated income on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anybody they must or they shouldn’t because there are a lot of people that have done well i pick not to do that one due to the fact that they’re they trade keep in mind 24 7 365.

 

 

i do not wish to go to bed one night and i’m up here and wake up and i’m down here due to the fact that what will occur is i’ll never sleep again and again from a psychological perspective i do not desire that i i try to find out a fair bit about the ones that i have an interest in or learn you understand learn why i might be interested why they may have worth and truthfully man it simply takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who do not understand a lot about crypto or or are actually versus it saying stating i don’t understand 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 many 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 an entire network there and it needs to have his own it it needs to have its own currency to work effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the factor is due to the fact that i’ve remained in financing for so long and i understand where the ineffectiveness are and i understand if we can take a few of those ineffectiveness out of the system and we can utilize blockchain innovation to do it that would be fantastic the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be truly efficient working on dollars operating 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 because there’s all these cryptocurrencies there’s a restricted quantity of dollars that’s going to go 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 start to engulf the conventional monetary system and i don’t imply that everything else is going to go away i suggest 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 going to see a good deal of this worth so there’s so much money 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 eventually it’s just going to be called the financial system since it’s just a it’s basically 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 do not this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly engage with our visitors using a q a and anybody or you can join etoro club and u.s club members get a bunch of perks such as an etoro boodle bag special access to our monthly 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 real life etoro events make sure to take a look at the description for any advertising deals and to read more about our remarkable visitors i’ll see you in etoro us’s club Etoro You Are Currently Unable To Deposit Funds Please Contact Support.