That the price tomorrow…Etoro Liquidity Providers… is higher than the rate today that’s the only reason you’re getting into it and that comes from education understanding and once again going back to a financial investment thesis honestly and saying i’m not going to buy anything even if 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 discover what it is and learn where it fits for me um i you know naturally need to do a whole 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 every week 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 believe i have actually never heard of that i get a huge ego and i’m like how could i not have heard of that but i have it and in some way it gets noted and there are probably tons of other people stating the very same features of cryptos that i understand a lot about since 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 look at it is one there are a couple of methods one is i attempt to inform myself as much as possible and after that have a concept of what i like to discover and like to invest in what do i like to buy do i like to purchase the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i do not like to buy some that are just simply purely you know pumps like pump plans or something i know a great deal of people earned money on shiba inu i know a great deal of people generated income on dogecoin that’s excellent to hear i don’t want to do that that that’s not me i select not to and i’m not telling anybody they need to or they should not because there are a great deal of people that have actually succeeded i select not to do that a person due to the fact that they’re they trade remember 24 7 365.
i don’t wish to go to sleep 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 a psychological standpoint i do not want that i i attempt to learn a fair bit about the ones that i’m interested in or learn you know discover why i might be interested why they might have value and truthfully male it simply takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who do not understand a lot about crypto or or are really versus it saying saying i don’t understand how there can be all these cryptocurrencies among them needs to win however that’s that’s not the case they are all they they can or much of them can exist on their own a lot 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 work efficiently so it so if we feel and and look this this gets into a little bit of an opinion i’m a huge defy person i love decentralized finance and part of the reason is because i’ve remained in financing for so long and i understand where the inadequacies are and i know if we can take some of those ineffectiveness out of the system and we can use blockchain technology to do it that would be great the thing is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly effective working 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 because there’s all these cryptocurrencies there’s a limited quantity of dollars that’s going to go 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 start to swallow up the conventional financial system and i don’t suggest that everything else is going to go away i indicate my sensation is banks and the crypto that the protocols and whatever are going to begin working together they’re going to start incorporating together which’s where you’re going to see a good deal of this worth so there’s so much cash in the traditional finance system that’s going to make its method into what we currently call the crypto system or the
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Defi system and eventually it’s simply going to be called the financial system since it’s simply a it’s essentially a database in a network you get informed and again when 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 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 sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our monthly 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 unique invites to irl yes reality etoro occasions make sure to have a look at the description for any promotional offers and to find out more about our remarkable guests i’ll see you in etoro us’s club Etoro Liquidity Providers.