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There’s all these brand-new cryptos is constantly flooding in…Mint Link To Robinhood… i imply how do you make with this deluge of unique cryptocurrency um well well it’s a lot of that truthfully is about 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 monetary consultants here’s simply how bitcoin works and as soon as you understand bitcoin you understand things like blockchain innovation you comprehend transparency and immutability and all those things and after that you start to enter 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 into that you know all these new tokens all these new cryptocurrencies some 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 into it and that comes from education understanding and again returning to a financial investment thesis honestly and saying i’m not going to invest in anything just because 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 find out what it is and find out where it fits for me um i you understand naturally need to do a great deal of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh weekly i see a brand-new one being listed on some exchange and i’m and i go i’ve never even i can’t think i’ve never heard of that i get a big ego and i resemble how might i not have heard of that but i have it and in some way it gets listed and there are probably tons of other individuals saying the exact same features of cryptos that i understand a lot about because i i tend to take a look at a great deal 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 couple of methods one is i try to inform myself as much as possible and then have a concept 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 cash flow or liquidity protocol or something like that so comprehending those i do not like to buy some that are just just purely you understand pumps like pump schemes or something i know a great deal of people made money on shiba inu i know a lot of individuals generated income on dogecoin that’s great to hear i don’t want to do that that that’s not me i select not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have succeeded i choose not to do that a person because they’re they trade keep in mind 24 7 365.

 

 

i do not want to go to bed one night and i’m up here and get up and i’m down here because what will take place is i’ll never sleep again and again from an emotional viewpoint i do not desire that i i attempt to find out a fair bit about the ones that i have an interest in or learn you know find out why i might be interested why they may have value and honestly guy it just takes a great deal of education the other thing i’ll say about that genuine rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are actually against it stating saying i do not comprehend how there can be all these cryptocurrencies among them has to win however that’s that’s not the case they are all they they can or a lot of them can exist on their own many 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 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 needs to have its own currency to function effectively so it so if we feel and and look this this enters into a little bit of a viewpoint i’m a big defy man i love decentralized financing and part of the factor is since i have actually been in financing for so long and i know where the inefficiencies 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 thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be truly effective operating on dollars operating on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much reality to the assertion that because there’s all these cryptocurrencies there’s a limited 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 once again in my viewpoint start to begin to engulf the conventional financial system and i don’t suggest that whatever else is going to disappear i indicate my sensation is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to begin incorporating together and that’s where you’re going to see a great deal of this value so there’s a lot money in the conventional finance 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 just going to be called the monetary system since it’s simply a it’s basically a database in a network you get informed and once again when you get informed have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members straight communicate with our guests using a q a and any person or you can join etoro club and u.s club members get a bunch of perks such as an etoro boodle bag special access to our regular monthly webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro events make sure to have a look at the description for any promotional deals and to learn more about our fantastic visitors i’ll see you in etoro us’s club Mint Link To Robinhood.