There’s all these new cryptos is continuously flooding in…How To Buy Theta Coin On Coinbase… i mean how do you do with this deluge of novel cryptocurrency um well well it’s a lot of that truthfully is about education so you if you learn the the very basics here’s how bitcoin works and and we talk to a lot of once again monetary consultants here’s just how bitcoin works and when you comprehend bitcoin you understand things like blockchain innovation you understand transparency and immutability and all those things and then you start to enter what is the financial 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 enter that you understand all these new tokens all these brand-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 price tomorrow is higher than the cost today that’s the only factor you’re entering it which originates from education understanding and again going back to an investment thesis truthfully and stating 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 and find out what it is and learn where it suitables for me um i you understand naturally have to do a great deal of research i can’t keep up with probably 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 have actually never even i can’t believe i have actually never become aware of that i get a huge ego and i resemble how might i not have become aware of that but i have it and in some way it gets listed and there are most likely tons of other individuals stating the exact same things about cryptos that i understand a lot about since i i tend to look at a lot of defy stuff i tend to look a great deal of those tokens so the the way i look at it is one there are a couple of methods one is i attempt to inform myself as much as possible and after that have an idea of what i like to discover and like to purchase what do i like to invest in do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i do not like to invest in some that are simply simply simply you know pumps like pump schemes or something i understand a lot of people generated income on shiba inu i know a great deal of people made money on dogecoin that’s excellent to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anyone they must or they should not because there are a lot of individuals that have done well i select not to do that one because they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and wake up and i’m down here since what will take place is i’ll never sleep again and again from an emotional perspective i don’t desire that i i attempt to learn a fair bit about the ones that i have an interest in or learn you understand find out why i might be interested why they may have worth and honestly male it just takes a great deal of education the other thing i’ll state about that genuine rapidly is you hear a lot of individuals who don’t understand a lot about crypto or or are truly against 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 instance is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states economic network okay 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 work effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy person i love decentralized financing and part of the factor is because i’ve been in financing for so long and i understand where the ineffectiveness are and i know if we can take a few of those ineffectiveness out of the system and we can use blockchain technology to do it that would be great the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually 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 efficient so there is to me not quite truth to the assertion that because there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to start to engulf the traditional monetary system and i do not suggest that whatever else is going to disappear i imply my feeling is banks and the crypto that the procedures and whatever are going to start interacting they’re going to begin integrating together and that’s where you’re visiting a lot of this value so there’s a lot money in the standard 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 since it’s simply a it’s basically a database in a network you get educated and once again when you get educated have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members directly communicate with our guests using a q a and anybody or you can join etoro club and u.s club members get a lot of benefits such as an etoro swag bag special access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and unique invitations to irl yes reality 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 Theta Coin On Coinbase.