That the cost tomorrow…Cryptocurrency Trading Chicago… is higher than the price today that’s the only reason you’re getting into it and that comes from education understanding and again returning to an investment thesis truthfully and stating i’m not going to buy anything just because i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and find out what it is and learn where it fits for me um i you know naturally have to do a lot of research 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 brand-new one being listed on some exchange and i’m and i go i have actually never even i can’t think i have actually never become aware of that i get a big ego and i resemble how might i not have actually heard 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 aspects of cryptos that i understand a lot about since i i tend to look at a lot of defy things i tend to look a lot of those tokens so the the method i look at it is one there are a few ways one is i try to inform myself as much as possible and then have a concept of what i like to learn more about and like to invest in what do i like to invest in do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i do not like to buy some that are simply just purely you understand pumps like pump schemes or something i know a great deal of people generated income on shiba inu i know a lot of individuals earned money on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i pick not to and i’m not telling anyone they should or they should not because there are a lot of individuals that have actually done well i select not to do that one because 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 happen is i’ll never sleep again and again from an emotional standpoint i don’t desire that i i try to find out a fair bit about the ones that i’m interested in or discover you understand learn why i might be interested why they may have value and truthfully man it just takes a lot of education the other thing i’ll say about that real rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are really against it stating stating i do not comprehend how there can be all these cryptocurrencies one of them has 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 lot 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 financial network okay 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 effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a big defy person 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 know if we can take some of those inadequacies out of the system and we can use blockchain technology to do it that would be great the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually efficient 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 effective so there is to me not quite fact to the assertion that because there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to enter into them so i got to find out which one’s going to be the winner it is going to again in my opinion start to start to swallow up the standard monetary system and i don’t mean that everything else is going to go away i indicate my sensation is banks and the crypto that the protocols and everything are going to start working together they’re going to begin incorporating together and that’s where you’re going to see a great deal of this worth 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 ultimately it’s simply going to be called the financial system because it’s simply a it’s basically a database in a network you get informed and again as soon as you get educated have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar specifically transmitted for etoro us club members our webinars let members directly connect with our guests utilizing 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 boodle bag unique access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a membership of the wall street journal delta pro and special invites to irl yes real life etoro events be sure to take a look at the description for any advertising deals and to learn more about our incredible guests i’ll see you in etoro us’s club Cryptocurrency Trading Chicago.