That the rate tomorrow…Etoro Mt5… is higher than the rate today that’s the only reason you’re getting into it and that originates from education understanding and again going back to an 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 somebody pumping it on twitter i’m going to do my research and learn what it is and learn where it suitables for me um i you know obviously 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 each week i see a brand-new one being noted on some exchange and i’m and i go i’ve never even i can’t think i’ve never ever become aware of that i get a big ego and i resemble how could i not have become aware of that but i have it and in some way it gets listed and there are probably tons of other people saying the same aspects of cryptos that i understand a lot about since i i tend to look at a great deal of defy stuff i tend to look a great deal of those tokens so the the way i take a 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 find out about and like to buy what do i like to buy do i like to invest in the ones that have some sort of capital or liquidity protocol or something like that so understanding those i don’t like to purchase some that are simply just simply you know pumps like pump plans or something i understand a great deal of individuals made money on shiba inu i know a great deal of individuals made money on dogecoin that’s excellent 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 need to or they should not because there are a lot of individuals that have done well i choose not to do that one due to the fact that they’re they trade keep in mind 24 7 365.
i do not want to go to bed one night and i’m up here and get up and i’m down here due to the fact that what will occur is i’ll never ever sleep again and again from an emotional standpoint i don’t want that i i attempt to learn quite a bit about the ones that i’m interested in or discover you understand discover why i might be interested why they might have value and honestly man it simply takes a great deal of education the other thing i’ll say about that genuine quickly is you hear a great deal of individuals who don’t understand a lot about crypto or or are actually versus it stating stating i do not comprehend how there can be all these cryptocurrencies among them has to win but that’s that’s not the case they are all they they can or much of them can exist on their own many 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 all right 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 requires to have its own currency to function effectively so it so if we feel and and look this this gets into a bit of an opinion i’m a huge defy man i love decentralized financing and part of the reason is because i’ve been in finance for so long and i know where the inefficiencies are and i know if we can take some of those inadequacies out of the system and we can utilize blockchain technology to do it that would be great the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain innovation be truly effective operating on dollars operating on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient so there is to me not quite reality to the assertion that since there’s all these cryptocurrencies there’s a restricted quantity 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 once again in my viewpoint start to start to swallow up the standard financial system and i don’t suggest that everything else is going to disappear i imply my feeling is banks and the crypto that the protocols and whatever are going to start interacting they’re going to begin incorporating together and that’s where you’re visiting a lot of this worth so there’s a lot money in the traditional financing 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 ultimately it’s just going to be called the financial system since it’s just a it’s basically a database in a network you get informed and once again when 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 specifically transmitted for etoro us club members our webinars let members directly interact with our guests utilizing a q a and any person or you can sign up with etoro club and u.s club members get a lot of perks such as an etoro boodle bag special access to our monthly webinars quarterly market reports and a devoted account supervisor if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invitations to irl yes real life etoro events be sure to have a look at the description for any marketing deals and to get more information about our fantastic visitors i’ll see you in etoro us’s club Etoro Mt5.