There’s all these brand-new cryptos is constantly flooding in…Robinhood Error Option Cannot Be Traded Right Now… 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 find out the the very fundamentals here’s how bitcoin works and and we speak to a great deal of again financial advisors here’s simply how bitcoin works and as soon as you understand 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 comprehending how bitcoin functions then you get into that you understand all these new tokens all these new cryptocurrencies a few of them are actually simply there to try to where they have no performance it’s just we hope
that the rate tomorrow is higher than the rate today that’s the only reason you’re entering it and that comes from education understanding and once again going back to a financial investment thesis truthfully and stating i’m not going to invest in 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 study and discover what it is and learn where it fits for me um i you understand naturally need to do a great deal of research study i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a 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 might i not have become aware of that however i have it and somehow it gets listed and there are most likely tons of other people saying the very same aspects of cryptos that i know a lot about since i i tend to look at a great deal of defy stuff i tend to look a great deal of those tokens so the the method i take a look at it is one there are a few methods one is i attempt to educate myself as much as possible and then have an idea of what i like to find out about and like to buy what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to buy some that are simply simply purely you understand pumps like pump schemes or something i understand a great deal of individuals made money on shiba inu i know a great deal of individuals generated income on dogecoin that’s terrific to hear i do not want to do that that that’s not me i choose not to and i’m not telling anyone they ought to or they shouldn’t because there are a lot of people that have actually done well i pick not to do that a person because they’re they trade remember 24 7 365.
i don’t wish to go to sleep one night and i’m up here and get up and i’m down here since what will happen is i’ll never sleep again and again from a psychological standpoint i do not want that i i attempt to discover quite a bit about the ones that i have an interest in or discover you know discover why i might be interested why they might have worth and truthfully guy it simply takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are really against it stating stating i do not understand how there can be all these cryptocurrencies among 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 fine if eth is the currency of the ethereum network so there’s an entire network there and it has to have his own it it requires to have its own currency to function efficiently so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy person i love decentralized financing and part of the reason is since i’ve been in financing for so long and i know where the inadequacies are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be excellent the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be actually effective working 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 reality to the assertion that since there’s all these cryptocurrencies there’s a restricted 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 once again in my viewpoint start to start to swallow up the conventional monetary system and i don’t indicate 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 working together they’re going to start incorporating together which’s where you’re visiting a lot of this value so there’s so much cash in the standard finance 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 eventually it’s just going to be called the monetary system due to the fact that it’s simply a it’s essentially 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 buy here’s what i do not this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly communicate with our visitors utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro swag bag exclusive access to our month-to-month 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 special invites to irl yes real life etoro occasions be sure to check out the description for any promotional offers and to find out more about our incredible visitors i’ll see you in etoro us’s club Robinhood Error Option Cannot Be Traded Right Now.