That the price tomorrow…Etoro Index Funds… is higher than the cost today that’s the only factor you’re entering it which originates from education understanding and again going back to a financial investment thesis honestly and saying i’m not going to invest in 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 learn what it is and find out where it fits for me um i you know of course have to do a great deal of research study 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’ve never even i can’t believe i’ve never ever become aware of that i get a huge ego and i resemble how might i not have heard of that but i have it and somehow it gets listed and there are probably tons of other people saying the exact same aspects of cryptos that i know a lot about because i i tend to take a look at a great deal of defy things 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 invest in what do i like to purchase do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i do not like to invest in some that are simply just simply you know pumps like pump schemes or something i understand a great deal of people earned money on shiba inu i understand a great deal of individuals generated income on dogecoin that’s terrific to hear i do not want to do that that that’s not me i select not to and i’m not telling anyone they must or they should not because there are a lot of people that have succeeded i choose not to do that one due to the fact that they’re they trade remember 24 7 365.
i do not want to go to sleep one night and i’m up here and wake up and i’m down here since what will occur is i’ll never sleep again and again from an emotional standpoint i don’t want that i i attempt to learn a fair bit about the ones that i have an interest in or discover you understand discover why i might be interested why they might have worth and honestly male it simply takes a lot of education the other thing i’ll state about that real quickly is you hear a great deal of individuals who do not understand a lot about crypto or or are really versus it saying saying i do not understand how there can be all these cryptocurrencies among them needs to win but that’s that’s not the case they are all they they can or many of them can exist on their own a lot 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 fine if eth is the currency of the ethereum network so there’s a whole network there and it has 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 gets into a bit of a viewpoint i’m a big defy guy i love decentralized financing and part of the reason is since i have actually remained in financing for so long and i know where the inadequacies are and i know if we can take some of those inadequacies out of the system and we can use blockchain innovation to do it that would be excellent the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be actually efficient running on dollars operating on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient 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 viewpoint start to begin to swallow up the conventional financial system and i don’t indicate that whatever else is going to go away i imply my sensation is banks and the crypto that the procedures and whatever are going to begin collaborating they’re going to begin incorporating together and that’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 method into what we presently call the crypto system or the
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Defi system and eventually it’s just going to be called the financial system because it’s just a it’s essentially a database in a network you get informed and again once you get educated have a financial investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar solely transmitted for etoro us club members our webinars let members straight engage with our guests using a q a and any person 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 greater tiers you can likewise get things like a membership of the wall street journal delta pro and exclusive invites to irl yes reality etoro events make certain to have a look at the description for any advertising offers and to read more about our fantastic guests i’ll see you in etoro us’s club Etoro Index Funds.