That the rate tomorrow…Etoro Mexico… is higher than the rate today that’s the only reason you’re getting into it which comes from education understanding and once again going back to a financial investment thesis honestly 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 and learn what it is and discover where it fits for me um i you understand obviously need to do a lot of research study i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh weekly i see a new one being noted on some exchange and i’m and i go i’ve never even i can’t think i have actually never become aware of that i get a huge ego and i’m like how could i not have actually become aware of that but i have it and in some way it gets noted and there are most likely lots of other individuals saying the exact same things about cryptos that i know a lot about since i i tend to look at a great deal of defy things i tend to look a great deal of those tokens so the the way i look at it is one there are a few ways one is i attempt to educate myself as much as possible and then have an idea of what i like to discover and like to purchase what do i like to purchase do i like to buy the ones that have some sort of capital or liquidity procedure or something like that so understanding those i do not like to purchase some that are just simply simply you understand pumps like pump schemes or something i know a great deal of people generated income on shiba inu i know a great deal of people earned money 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 anybody they ought to or they should not because there are a lot of individuals that have succeeded i pick not to do that one because they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and awaken and i’m down here because what will occur is i’ll never ever sleep again and again from a psychological standpoint i don’t want that i i attempt to find out a fair bit about the ones that i’m interested in or discover you understand find out why i might be interested why they might have worth and honestly man it just takes a whole lot of education the other thing i’ll state about that real rapidly is you hear a great deal of individuals who don’t understand a lot about crypto or or are really versus it saying 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 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 all right 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 operate effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the reason is since i have actually been in financing for so long and i know where the inefficiencies are and i understand if we can take a few of those inadequacies out of the system and we can use blockchain innovation to do it that would be fantastic the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain technology be actually efficient working 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 truth to the assertion that since there’s all these cryptocurrencies there’s a minimal 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 begin to swallow up the traditional financial system and i don’t suggest that everything else is going to go away i imply my feeling is banks and the crypto that the procedures and everything are going to start working together they’re going to start incorporating together and that’s where you’re visiting a good deal of this worth so there’s so much cash in the conventional 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 since it’s simply a it’s essentially a database in a network you get educated and again once you get educated have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar exclusively relayed for etoro us club members our webinars let members directly connect with our visitors utilizing a q a and anybody or you can join etoro club and u.s club members get a lot of perks such as an etoro boodle bag unique access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and exclusive invitations to irl yes real life etoro events make sure to check out the description for any marketing offers and for more information about our incredible guests i’ll see you in etoro us’s club Etoro Mexico.