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There’s all these new cryptos is continuously flooding in…How To Buy Bitcoin With Itunes Gift Card On Etoro… i mean 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 very fundamentals here’s how bitcoin works and and we speak to a lot of again financial advisors here’s simply how bitcoin works and when you comprehend bitcoin you understand things like blockchain technology you understand openness and immutability and all those things and after that you start to enter into what is the investment thesis behind bitcoin and that is 80 of the game right there 80 of understanding these other crypto currencies originates from understanding how bitcoin functions then you enter into that you understand all these new tokens all these new cryptocurrencies a few of them are actually just there to attempt 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 entering it which originates 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 guy 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 learn where it suitables for me um i you know naturally have to do a great deal of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh each week i see a brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t think i have actually never ever heard of that i get a huge ego and i’m like how could i not have actually become aware of that but i have it and in some way it gets listed and there are probably lots of other people stating the very same aspects of cryptos that i know a lot about because i i tend to 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 ways one is i try to educate myself as much as possible and then have a concept of what i like to learn about and like to purchase what do i like to buy do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so understanding those i don’t like to purchase some that are simply just simply you know pumps like pump plans or something i understand a lot of people earned money on shiba inu i understand a great deal of people earned money on dogecoin that’s fantastic to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anybody they ought to or they shouldn’t because there are a great deal of individuals that have done well i select not to do that a person since they’re they trade remember 24 7 365.

 

 

i don’t want to go to sleep one night and i’m up here and awaken and i’m down here because what will take place is i’ll never sleep again and again from an emotional perspective i don’t want that i i try to discover quite a bit about the ones that i have an interest in or learn you understand learn why i might be interested why they might have value and truthfully man it simply takes a great deal of education the other thing i’ll say about that real quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are really against it saying stating i don’t understand how there can be all these cryptocurrencies one of them needs 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 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 requires to have its own currency to work effectively so it so if we feel and and look this this enters a bit of an opinion i’m a big defy man i love decentralized finance and part of the factor is because i have actually been in finance for so long and i know where the inefficiencies are and i know if we can take a few of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be great the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be truly effective running on dollars running 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 quite fact to the assertion that since there’s all these cryptocurrencies there’s a minimal quantity 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 again in my opinion start to begin to engulf the standard financial 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 protocols and everything are going to begin collaborating they’re going to start incorporating together and that’s where you’re visiting a lot of this value so there’s so much cash in the traditional 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 ultimately it’s simply going to be called the financial system since it’s just a it’s basically a database in a network you get informed and once again when you get educated 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 communicate with our guests using a q a and any person or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invitations to irl yes real life etoro events make sure to have a look at the description for any marketing offers and for more information about our fantastic visitors i’ll see you in etoro us’s club How To Buy Bitcoin With Itunes Gift Card On Etoro.