That the rate tomorrow…Cryptotraders On Etoro… is higher than the rate today that’s the only factor you’re getting into it and that originates from education understanding and again going back to an investment thesis honestly and stating i’m not going to purchase anything even if 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 find out what it is and learn where it fits for me um i you understand naturally 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 every week i see a new one being listed on some exchange and i’m and i go i’ve never even i can’t believe i’ve never become aware of that i get a big ego and i resemble how could i not have heard of that but i have it and in some way it gets noted and there are probably lots of other people stating the same aspects of cryptos that i understand 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 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 after that have a concept of what i like to learn 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 cash flow or liquidity protocol or something like that so understanding those i do not like to purchase some that are just just simply you know pumps like pump schemes or something i understand a great deal of individuals made money on shiba inu i understand a great deal of people generated income on dogecoin that’s fantastic to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they need to or they shouldn’t because there are a great deal of people that have succeeded i choose not to do that one due to the fact that 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 wake up and i’m down here because what will occur is i’ll never ever sleep again and again from a psychological viewpoint i don’t want that i i attempt to learn quite a bit about the ones that i have an interest in or learn you understand find out why i might be interested why they may have worth and honestly man 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 actually against it stating stating i don’t 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 lot of them can exist on their own a number 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 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 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 finance for so long and i understand where the ineffectiveness are and i understand if we can take some of those inefficiencies out of the system and we can utilize blockchain technology to do it that would be excellent the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be really efficient working 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 due to the fact that there’s all these cryptocurrencies there’s a minimal amount 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 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 go away i suggest my feeling is banks and the crypto that the protocols and whatever are going to begin interacting they’re going to start incorporating together which’s where you’re visiting a great deal of this value so there’s so much money in the traditional finance system that’s going to make its way 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 monetary system due to the fact that it’s just a it’s essentially a database in a network you get educated and once again as soon as 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 solely broadcast for etoro us club members our webinars let members straight engage with our guests using a q a and anybody or you can join etoro club and u.s club members get a bunch of advantages such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and exclusive invites to irl yes reality etoro occasions make sure to check out the description for any promotional deals and to find out more about our incredible visitors i’ll see you in etoro us’s club Cryptotraders On Etoro.