There’s all these brand-new cryptos is constantly flooding in…Excel Vba Trading Robot Etoro… i suggest how do you do with this deluge of novel cryptocurrency um well well it’s a lot of that honestly is about education so you if you discover the the really basics here’s how bitcoin works and and we speak with a great deal of once again monetary consultants here’s just how bitcoin works and once you comprehend bitcoin you comprehend things like blockchain technology you comprehend openness and immutability and all those things and then you start to enter what is the financial investment thesis behind bitcoin which is 80 of the video game right there 80 of comprehending these other crypto currencies originates from comprehending how bitcoin functions then you enter that you know all these brand-new tokens all these new cryptocurrencies some of them are actually just there to attempt 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 reason you’re getting into it and that comes from education understanding and again going back to a financial 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 discover what it is and find out where it suitables for me um i you know of course have to do a great deal of research i can’t stay up to date with probably 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 ever even i can’t believe i’ve never ever become aware of that i get a huge ego and i’m like how might i not have actually become aware of that but i have it and somehow it gets listed and there are probably lots of other individuals stating the very same things about 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 way i look at it is one there are a few methods one is i try to inform myself as much as possible and then have a concept of what i like to learn more about and like to buy 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 comprehending those i do not like to invest in some that are simply just purely you know pumps like pump plans or something i know a lot of people generated income on shiba inu i know a great deal of people made money on dogecoin that’s terrific to hear i do not 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 choose not to do that a person because they’re they trade remember 24 7 365.
i don’t want to go to bed one night and i’m up here and wake up and i’m down here since what will happen is i’ll never sleep again and again from a psychological standpoint i don’t want that i i try to discover a fair bit about the ones that i’m interested in or discover you know learn why i might be interested why they may have value and honestly man it just takes a great deal of education the other thing i’ll say about that real rapidly is you hear a lot of people who do not understand a lot about crypto or or are really against it stating saying i do not 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 a lot 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 a whole network there and it needs to have his own it it requires to have its own currency to function efficiently so it so if we feel and and look this this enters into a little bit of an opinion i’m a big defy man i love decentralized financing and part of the factor is because i’ve remained in financing 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 use blockchain technology 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 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 efficient so there is to me not quite reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to go into them so i got to figure 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 traditional financial system and i do not imply that everything else is going to go away i indicate my feeling is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to start incorporating together which’s where you’re visiting a lot of this worth so there’s a lot money in the conventional finance system that’s going to make its way 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 financial system because it’s just a it’s basically a database in a network you get educated and once again once you get educated have an investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members straight connect with our guests utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and unique invites to irl yes real life etoro occasions make sure to have a look at the description for any advertising deals and to read more about our amazing visitors i’ll see you in etoro us’s club Excel Vba Trading Robot Etoro.