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There’s all these brand-new cryptos is continuously flooding in…Korea Ban Trading Cryptocurrency… i mean how do you make with this deluge of novel cryptocurrency um well well it’s a great deal of that honestly is about education so you if you discover the the extremely basics here’s how bitcoin works and and we speak with a great deal of again monetary consultants here’s just how bitcoin works and when you comprehend bitcoin you comprehend things like blockchain innovation you understand openness and immutability and all those things and then you begin to enter into what is the investment thesis behind bitcoin which is 80 of the video game right there 80 of understanding these other crypto currencies comes from comprehending how bitcoin functions then you enter that you understand all these brand-new tokens all these new cryptocurrencies a few of them are literally simply there to try to where they have no functionality it’s just we hope

that the price tomorrow is higher than the rate today that’s the only reason you’re entering it which originates from education understanding and again going back to a financial investment thesis honestly and stating i’m not going to purchase anything even if i saw some man 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 discover where it fits for me um i you understand obviously have 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 brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t think i’ve never ever become aware of that i get a huge ego and i’m like how could i not have actually heard of that however i have it and in some way it gets noted and there are probably tons of other individuals stating the same things about cryptos that i understand 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 look at it is one there are a couple of methods one is i try to educate myself as much as possible and then have a concept of what i like to discover and like to invest in 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 invest in 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 know a lot of people made money on dogecoin that’s terrific to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anybody they must or they should not because there are a lot of individuals that have done well i choose 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 due to the fact that what will take place is i’ll never sleep again and again from a psychological viewpoint i do not want that i i attempt to discover a fair bit about the ones that i have an interest in or learn you know discover why i might be interested why they might have worth and honestly guy it just takes a great deal of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who do not understand a lot about crypto or or are really against it stating 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 many of them can exist on their own many of them are a currency that is for a particular 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 financial network okay 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 needs to have its own currency to work effectively so it so if we feel and and look this this gets into a bit of an opinion i’m a huge defy guy i love decentralized finance and part of the factor is because i’ve remained in financing for so long and i understand where the inadequacies are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain innovation to do it that would be excellent the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be really efficient 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 efficient so there is to me not quite truth to the assertion that because there’s all these cryptocurrencies there’s a minimal quantity 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 begin to swallow up the standard financial system and i don’t indicate that everything else is going to disappear i mean my feeling is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to begin incorporating together which’s where you’re going to see a lot of this value so there’s a lot money in the conventional financing system that’s going to make its way into what we currently call the crypto system or the

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Defi system and ultimately it’s simply going to be called the financial system because it’s simply a it’s basically a database in a network you get informed and again once you get educated have a financial investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members directly connect with our visitors utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro boodle bag unique access to our regular monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invites to irl yes reality etoro events be sure to have a look at the description for any promotional deals and to get more information about our incredible visitors i’ll see you in etoro us’s club Korea Ban Trading Cryptocurrency.