That the price tomorrow…Concurrent Etoro… is higher than the price today that’s the only reason you’re entering it which comes from education understanding and again returning to a financial investment thesis honestly and saying i’m not going to purchase anything even if i saw some guy pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research and discover what it is and discover where it suitables for me um i you understand obviously need to do a great deal of research study 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 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 tons of other people stating the exact same features of cryptos that i know a lot about due to the fact that 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 then have a concept of what i like to find out about and like to purchase what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to purchase some that are simply simply purely you understand pumps like pump schemes or something i know a lot of people generated income on shiba inu i understand a great deal of individuals generated income on dogecoin that’s fantastic to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anyone they need to or they shouldn’t because there are a lot of people that have actually done well i select not to do that one since they’re they trade keep in mind 24 7 365.
i don’t wish to go to bed one night and i’m up here and get up and i’m down here because what will happen is i’ll never ever sleep again and again from a psychological perspective i do not want that i i try to learn quite a bit about the ones that i’m interested in or discover you understand find out why i might be interested why they might have value and honestly 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 people who do not comprehend a lot about crypto or or are truly against it stating stating i don’t comprehend how there can be all these cryptocurrencies one of them has 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 many 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 all right 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 efficiently so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the reason is due to the fact that i have actually remained in finance for so long and i know 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 great the thing is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be actually efficient 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 quite reality to the assertion that because there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to once again in my opinion start to start to engulf the standard monetary system and i don’t suggest that whatever else is going to disappear i imply my feeling is banks and the crypto that the protocols and everything are going to start collaborating they’re going to begin incorporating together which’s where you’re going to see a good deal of this worth so there’s a lot cash in the traditional 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 because it’s just a it’s basically a database in a network you get educated and again as soon as 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 exclusively relayed for etoro us club members our webinars let members directly interact with our guests using a q a and any person or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro swag bag special access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and unique invites to irl yes real life etoro occasions make certain to take a look at the description for any promotional offers and to learn more about our fantastic visitors i’ll see you in etoro us’s club Concurrent Etoro.