That the rate tomorrow…China Dragon Etoro… is higher than the cost today that’s the only factor you’re entering into it which comes from education understanding and once again going back to a financial investment thesis honestly and stating i’m not going to invest in anything even if i saw some man pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and find out what it is and learn where it fits for me um i you know obviously have to do a lot 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 have actually never even i can’t believe i have actually never ever heard of that i get a huge ego and i resemble how might i not have actually become aware of that but i have it and in some way it gets noted and there are most likely lots of other people saying the same features of cryptos that i understand a lot about because i i tend to take a look at a great deal of defy things i tend to look a great deal of those tokens so the the way i take a look at it is one there are a few methods one is i attempt to inform myself as much as possible and then have an idea of what i like to find out about and like to purchase 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 buy some that are just simply purely you know pumps like pump plans or something i know a great deal of individuals made money on shiba inu i know a lot of people made money on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have actually succeeded i select not to do that one due to the fact that they’re they trade remember 24 7 365.
i do not wish to go to bed one night and i’m up here and wake up and i’m down here because what will occur is i’ll never sleep again and again from a psychological perspective i do not desire that i i attempt to discover quite a bit about the ones that i’m interested in or learn you know learn why i might be interested why they might have value and honestly guy it just takes a whole lot of education the other thing i’ll state about that genuine quickly is you hear a lot of people who do not comprehend a lot about crypto or or are really versus it stating saying i do not understand 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 a number of them can exist on their own a number 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 economic network alright 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 function effectively so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the reason is due to the fact that i’ve remained in finance for so long and i know where the inefficiencies are and i know if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be fantastic the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be truly effective operating on dollars working on us dollars over the banking system you need 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 enter into them so i got to figure out which one’s going to be the winner it is going to again in my opinion start to begin to engulf the traditional monetary system and i do not imply that everything else is going to go away i indicate my sensation is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to start incorporating together and that’s where you’re visiting a great deal of this worth so there’s so much cash in the conventional financing 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 since it’s simply a it’s basically a database in a network you get informed and once again as soon as you get educated have an investment thesis here’s what i like to purchase here’s what i do not this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members directly connect with our visitors using 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 boodle bag unique 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 unique invites to irl yes reality etoro events make sure to check out the description for any promotional offers and for more information about our fantastic guests i’ll see you in etoro us’s club China Dragon Etoro.