That the rate tomorrow…Etoro On Smartwatch… is higher than the rate today that’s the only reason you’re entering it and that originates from education understanding and again going back to a financial investment thesis truthfully and stating i’m not going to invest in 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 learn what it is and learn where it fits for me um i you know obviously need to do a lot of research study i can’t keep up with probably 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 have actually never even i can’t believe i’ve never ever become aware of that i get a huge ego and i’m like how could i not have become aware of that but i have it and somehow it gets noted and there are most likely lots of other individuals stating the same aspects of cryptos that i know a lot about due to the fact that i i tend to look at a lot of defy things i tend to look a lot of those tokens so the the way 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 then have a concept of what i like to learn more about and like to buy what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to invest in some that are just simply simply you understand pumps like pump plans or something i understand a lot of individuals earned money on shiba inu i know a great deal of individuals earned money on dogecoin that’s great to hear i do not want to do that that that’s not me i choose not to and i’m not telling anybody they should or they should not because there are a lot of individuals that have actually succeeded i choose not to do that a person since they’re they trade keep in mind 24 7 365.
i do not want to go to sleep one night and i’m up here and awaken and i’m down here because what will happen is i’ll never sleep again and again from an emotional perspective i don’t want that i i attempt to discover a fair bit about the ones that i have an interest in or discover you know find out why i might be interested why they may have value and truthfully male it simply takes a whole lot of education the other thing i’ll say about that real quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are actually against it saying saying i do not understand how there can be all these cryptocurrencies one of them needs to win but 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 instance is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states financial network okay if eth is the currency of the ethereum network so there’s a whole network there and it needs to have his own it it requires to have its own currency to function efficiently so it so if we feel and and look this this gets into a little bit of an opinion i’m a big defy guy i love decentralized financing and part of the reason is due to the fact that i have actually remained in finance for so long and i understand where the inefficiencies are and i know if we can take a few of those inadequacies 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 effective without the currency that runs the network you can’t have the blockchain innovation be truly efficient working 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 very much truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to again in my viewpoint start to start to swallow up the standard monetary system and i do not suggest that whatever else is going to disappear i mean my feeling is banks and the crypto that the protocols and whatever are going to begin collaborating they’re going to start integrating together which’s where you’re going to see a great deal of this worth so there’s a lot money in the traditional financing 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 ultimately it’s simply going to be called the financial system since it’s simply a it’s basically a database in a network you get educated and once again as soon as you get informed 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 interact with our visitors using a q a and any person or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a dedicated account supervisor if you join our higher tiers you can likewise get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro occasions make sure to have a look at the description for any marketing deals and to learn more about our incredible guests i’ll see you in etoro us’s club Etoro On Smartwatch.