That the price tomorrow…Countries Supported By Etoro… is higher than the rate today that’s the only reason you’re entering into it and that comes from education understanding and again returning to an investment thesis honestly and saying i’m not going to purchase 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 learn what it is and find out where it fits for me um i you know obviously need to do a whole lot of research study i can’t keep up with probably ten percent of the the tokens and cryptos that come out uh every week i see a new one being noted on some exchange and i’m and i go i’ve never even i can’t think i’ve never become aware of that i get a huge ego and i resemble how could i not have become aware of that but i have it and somehow it gets listed and there are probably lots of other people saying the same aspects of cryptos that i know a lot about because i i tend to take a 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 ways one is i attempt to educate myself as much as possible and then have a concept of what i like to discover and like to invest in what do i like to buy do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i do not like to purchase some that are just simply purely you know pumps like pump schemes or something i know a great deal of people generated income on shiba inu i know a great deal of people generated income on dogecoin that’s fantastic to hear i do not want to do that that that’s not me i select not to and i’m not telling anybody they should or they shouldn’t because there are a lot of people that have done well i pick not to do that a person since 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 since what will occur is i’ll never sleep again and again from a psychological perspective i do not want that i i try to learn a fair bit about the ones that i’m interested in or learn you understand discover why i might be interested why they might have worth and truthfully man it simply takes a great deal of education the other thing i’ll say about that real rapidly is you hear a great deal of individuals who do not comprehend a lot about crypto or or are actually versus it saying saying i don’t understand how there can be all these cryptocurrencies one of them needs to win however that’s that’s not the case they are all they they can or many of them can exist on their own a number 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 economic network fine 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 requires to have its own currency to function efficiently so it so if we feel and and look this this enters into a bit of a viewpoint i’m a huge defy man i love decentralized finance and part of the factor is since i’ve been in financing for so long and i understand where the inefficiencies are and i understand if we can take a few of those inefficiencies out of the system and we can use blockchain innovation to do it that would be fantastic the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be really effective running on dollars working 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 quite truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to go 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 start to swallow up the traditional financial system and i don’t suggest that everything else is going to disappear i indicate my sensation is banks and the crypto that the procedures and everything are going to begin interacting they’re going to start incorporating together and that’s where you’re visiting a great deal of this value so there’s so much cash 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 financial system since it’s simply a it’s essentially 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 buy here’s what i do not this is a clip from our webinar solely transmitted for etoro us club members our webinars let members straight interact with our guests using a q a and anyone or you can join etoro club and u.s club members get a bunch of benefits such as an etoro swag bag exclusive access to our month-to-month webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and special invites to irl yes real life etoro events make sure to have a look at the description for any advertising offers and to read more about our remarkable guests i’ll see you in etoro us’s club Countries Supported By Etoro.