That the cost tomorrow…Etoro Face Id… is higher than the cost today that’s the only reason you’re getting into it and that comes from education understanding and once again returning to an investment thesis truthfully and stating i’m not going to invest in anything just because i saw some guy pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and find out what it is and discover where it suitables for me um i you understand naturally have to do a great deal 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 brand-new one being noted on some exchange and i’m and i go i have actually never even i can’t believe i’ve never become aware of that i get a big ego and i’m like how could i not have actually heard of that however i have it and in some way it gets listed and there are most likely tons of other individuals stating the exact same aspects of cryptos that i understand a lot about since 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 look at it is one there are a couple of ways one is i attempt to inform myself as much as possible and after that have a concept of what i like to learn more about and like to buy what do i like to buy do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so understanding those i do not like to purchase some that are just just simply you understand pumps like pump schemes or something i understand a great deal of individuals earned money on shiba inu i know a lot of individuals generated income on dogecoin that’s great to hear i don’t want to do that that that’s not me i choose not to and i’m not telling anybody they should or they should not because there are a great deal of individuals that have done well i select not to do that one since they’re they trade remember 24 7 365.
i don’t want to go to sleep one night and i’m up here and awaken and i’m down here since what will happen is i’ll never ever sleep again and again from an emotional viewpoint i don’t desire that i i try to find out quite a bit about the ones that i have an interest in or discover you understand learn why i might be interested why they might have worth and truthfully man it just takes a great deal of education the other thing i’ll state about that real rapidly is you hear a great deal of people who do not understand a lot about crypto or or are really against it saying saying 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 lot of them can exist on their own many 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 okay if eth is the currency of the ethereum network so there’s an entire network there and it has to have his own it it needs to have its own currency to operate effectively so it so if we feel and and look this this enters into a little bit of an opinion i’m a huge defy guy i love decentralized financing and part of the reason is because i have actually remained in financing for so long and i understand where the inadequacies are and i understand if we can take a few of those ineffectiveness out of the system and we can utilize blockchain innovation to do it that would be great the important things is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really effective running on dollars running 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 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 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 engulf the standard monetary system and i do not imply that everything else is going to disappear i suggest my sensation is banks and the crypto that the procedures and everything are going to begin collaborating they’re going to start integrating together and that’s where you’re going to see a lot of this value so there’s so much money in the standard 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 simply going to be called the monetary system since it’s simply a it’s essentially a database in a network you get informed 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 broadcast for etoro us club members our webinars let members straight communicate with our visitors utilizing a q a and any person or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and exclusive invites to irl yes real life etoro occasions be sure to check out the description for any marketing deals and to find out more about our remarkable guests i’ll see you in etoro us’s club Etoro Face Id.