There’s all these brand-new cryptos is constantly flooding in…Como Registrarse En Etoro Colombia… i indicate how do you do with this deluge of novel cryptocurrency um well well it’s a lot of that truthfully has to do with education so you if you find out the the really essentials here’s how bitcoin works and and we talk with a lot of again financial advisors here’s simply 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 get into what is the investment thesis behind bitcoin and that is 80 of the game right there 80 of comprehending these other crypto currencies originates from comprehending how bitcoin functions then you get into that you know all these new tokens all these new cryptocurrencies a few of them are actually just there to try to where they have no functionality it’s just we hope
that the rate tomorrow is higher than the price 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 truthfully and saying i’m not going to purchase anything even if i saw some guy 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 find out where it fits for me um i you know obviously need to do a great deal of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week 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 think 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 listed and there are most likely lots of other people stating the same things about cryptos that i know a lot about since 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 way i look at it is one there are a few methods one is i attempt to inform myself as much as possible and then have an idea of what i like to learn 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 protocol or something like that so understanding those i do not like to purchase some that are simply simply simply you know pumps like pump plans or something i understand a great deal of individuals earned money on shiba inu i know a lot of people earned money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i select not to and i’m not telling anyone they need to or they shouldn’t because there are a lot of people that have done well i choose not to do that one due to the fact that 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 get up and i’m down here because what will happen is i’ll never sleep again and again from a psychological perspective i don’t desire that i i try to learn a fair bit about the ones that i have an interest in or discover you understand find out why i might be interested why they might have value and honestly man it just takes a whole lot of education the other thing i’ll state about that genuine quickly is you hear a great deal of individuals who do not understand a lot about crypto or or are really versus it saying saying i do not 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 a number of them can exist on their own a number of them are a currency that is for a particular 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 economic network all right 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 gets into a little bit of an opinion i’m a huge defy person i love decentralized finance and part of the factor is since i have actually been in finance for so long and i know where the inefficiencies are and i understand if we can take some of those inefficiencies out of the system and we can use blockchain innovation to do it that would be excellent the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly efficient working on dollars working on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much truth to the assertion that because 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 opinion start to start to engulf the standard monetary system and i don’t imply that whatever else is going to disappear i suggest my feeling is banks and the crypto that the protocols and whatever are going to start interacting they’re going to start incorporating together and that’s where you’re visiting a great deal of this value so there’s a lot money in the conventional financing 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 eventually it’s just going to be called the monetary system due to the fact that it’s simply a it’s essentially a database in a network you get informed and once again as soon as you get educated have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar solely broadcast for etoro us club members our webinars let members straight interact with our guests using a q a and anybody or you can join etoro club and u.s club members get a lot of advantages such as an etoro swag bag special 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 exclusive invitations to irl yes real life etoro events make sure to take a look at the description for any marketing deals and to read more about our incredible guests i’ll see you in etoro us’s club Como Registrarse En Etoro Colombia.