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There’s all these new cryptos is constantly flooding in…How To Get My Robinhood 1091 Div… i mean 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 very basics here’s how bitcoin works and and we talk with a lot of once again financial advisors here’s just how bitcoin works and once you comprehend bitcoin you understand things like blockchain technology you understand transparency and immutability and all those things and after that you begin to enter into what is the financial investment thesis behind bitcoin and that is 80 of the game right there 80 of comprehending 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 some of them are actually simply there to attempt to where they have no functionality it’s simply we hope

that the rate tomorrow is higher than the price today that’s the only reason you’re entering it which comes from education understanding and again going back to a financial investment thesis truthfully and saying i’m not going to buy anything just because 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 discover what it is and discover where it suitables for me um i you know of course have to do a whole lot of research study i can’t keep up with probably 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’ve never ever even i can’t think i have actually never become aware of that i get a huge ego and i resemble how might i not have actually heard of that however i have it and somehow it gets noted and there are probably lots of other individuals stating the same aspects of 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 method i look at it is one there are a couple of ways one is i try to educate myself as much as possible and after that have an idea of what i like to find out about and like to buy what do i like to invest in do i like to buy the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to invest in some that are just just purely you know pumps like pump plans or something i know a lot of people made money on shiba inu i know a lot of people generated income on dogecoin that’s terrific to hear i do not wish to do that that that’s not me i select not to and i’m not telling anybody they must or they shouldn’t because there are a great deal of people that have done well i choose not to do that a person because they’re they trade remember 24 7 365.

 

 

i do not wish to go to bed one night and i’m up here and awaken and i’m down here since what will occur is i’ll never sleep again and again from a psychological standpoint i don’t desire that i i try to find out quite a bit about the ones that i’m interested in or discover you know find out why i might be interested why they may have value and honestly male it just takes a great deal of education the other thing i’ll say about that real quickly is you hear a lot of people who do not comprehend a lot about crypto or or are really versus it saying saying i do not understand how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or much 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 all right 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 requires to have its own currency to operate effectively so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy guy i love decentralized finance and part of the reason is due to the fact that i have actually been in finance for so long and i understand where the inefficiencies are and i know if we can take a few of those inadequacies out of the system and we can use blockchain technology to do it that would be fantastic the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be actually effective operating 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 very much fact to the assertion that since there’s all these cryptocurrencies there’s a limited quantity of dollars that’s going to go into them so i got to find out which one’s going to be the winner it is going to again in my viewpoint start to start to swallow up the standard monetary system and i do not mean that whatever else is going to go away i imply my sensation is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to begin integrating together which’s where you’re visiting a great deal of this worth so there’s a lot cash in the traditional finance 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 simply going to be called the monetary system since it’s just a it’s essentially a database in a network you get educated and once again once you get informed have a financial investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members straight engage with our guests utilizing a q a and any person or you can join etoro club and u.s club members get a bunch 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 likewise get things like a membership of the wall street journal delta pro and special invitations to irl yes reality etoro events be sure to take a look at the description for any promotional offers and to get more information about our incredible visitors i’ll see you in etoro us’s club How To Get My Robinhood 1091 Div.