That the rate tomorrow…Capital One Vs Etoro Motley Fool… is higher than the rate today that’s the only factor you’re getting into it which comes from education understanding and once again going back 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 study and learn what it is and discover where it suitables for me um i you understand of course have to do a great deal of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh every week i see a new one being listed on some exchange and i’m and i go i’ve never ever even i can’t think i’ve never become aware of that i get a big ego and i’m like how might i not have actually become aware of that but i have it and in some way it gets noted and there are probably lots of other individuals stating the same things about cryptos that i know a lot about since i i tend to take a look at a lot 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 ways one is i try to inform myself as much as possible and after that have an idea of what i like to find out about and like to purchase what do i like to invest in do i like to invest in the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i don’t like to buy some that are simply just purely you understand pumps like pump schemes or something i know a lot of people made money 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 select not to and i’m not telling anyone they should or they should not because there are a great deal of people that have succeeded i select not to do that a person because they’re they trade remember 24 7 365.
i don’t want to go to sleep one night and i’m up here and wake up and i’m down here due to the fact that what will happen is i’ll never ever sleep again and again from an emotional viewpoint i don’t desire that i i try to find out quite a bit about the ones that i have an interest in or learn you know discover why i might be interested why they might have value and truthfully guy it simply takes a lot of education the other thing i’ll state about that real quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are really versus it saying stating i do not comprehend how there can be all these cryptocurrencies among them needs 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 much 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 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 effectively so it so if we feel and and look this this enters a little bit of an opinion i’m a big defy guy i love decentralized financing and part of the factor is because i’ve been in finance for so long and i know where the ineffectiveness are and i understand if we can take some of those inadequacies out of the system and we can utilize blockchain innovation to do it that would be great the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be really effective operating on dollars operating 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 very much reality to the assertion that because there’s all these cryptocurrencies there’s a limited 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 begin to swallow up the conventional financial system and i don’t indicate that whatever else is going to disappear i indicate my feeling is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to begin integrating together which’s where you’re visiting a lot of this value so there’s so much 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 just going to be called the monetary system because it’s just a it’s essentially a database in a network you get educated and again when you get educated have a financial investment thesis here’s what i like to buy 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 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 benefits such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can likewise get things like a membership of the wall street journal delta pro and unique invites to irl yes reality etoro occasions make certain to check out the description for any promotional deals and to find out more about our incredible guests i’ll see you in etoro us’s club Capital One Vs Etoro Motley Fool.