That the cost tomorrow…Etoro Malaysia… is higher than the rate today that’s the only reason you’re getting into it and that originates from education understanding and once again returning to an investment thesis honestly and stating i’m not going to buy anything just because i saw some guy 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 discover where it suitables for me um i you know obviously need 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 every week i see a brand-new one being listed on some exchange and i’m and i go i have actually never ever even i can’t think i have actually never ever heard of that i get a big ego and i’m like how could i not have heard of that however i have it and in some way it gets listed and there are probably lots of other individuals saying the very same things about cryptos that i know a lot about due to the fact that i i tend to 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 methods one is i try to inform myself as much as possible and after that have a concept of what i like to find out about and like to buy what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i don’t like to purchase some that are just simply simply you understand pumps like pump plans or something i understand a lot of individuals generated income on shiba inu i understand a lot of people made money on dogecoin that’s great to hear i do not want to do that that that’s not me i pick not to and i’m not telling anybody they ought to or they shouldn’t because there are a lot of individuals that have actually done well i choose not to do that a person because 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 because what will happen is i’ll never sleep again and again from a psychological viewpoint i don’t desire that i i try to learn a fair bit about the ones that i have an interest in or discover you understand learn why i might be interested why they may have value and honestly guy it simply takes a great deal of education the other thing i’ll say about that genuine quickly is you hear a lot of individuals who do not comprehend a lot about crypto or or are really against it saying saying i do not understand how there can be all these cryptocurrencies among them has to win however that’s that’s not the case they are all they they can or a number of them can exist on their own much of them are a currency that is for a particular 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 alright 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 little bit of an opinion i’m a big defy man i love decentralized financing and part of the reason is because i have actually remained in finance for so long and i know where the inadequacies are and i understand if we can take a few of those inefficiencies out of the system and we can use blockchain technology to do it that would be fantastic the thing is the blockchain innovation is not efficient 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 have 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 since 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 conventional monetary system and i do not suggest that whatever else is going to disappear i suggest my feeling is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to begin integrating together and that’s where you’re going to see a great deal of this value so there’s so much money in the standard financing 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 because it’s simply a it’s basically a database in a network you get informed 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 do not this is a clip from our webinar specifically relayed for etoro us club members our webinars let members directly engage with our guests using a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique access to our month-to-month webinars quarterly market reports and a dedicated account manager if you join our greater tiers you can also get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro events be sure to check out the description for any promotional deals and to learn more about our incredible visitors i’ll see you in etoro us’s club Etoro Malaysia.