That the price tomorrow…Etoro Only Position Closing Is Allowed… is higher than the price today that’s the only reason you’re entering into it which comes from education understanding and again returning to an investment thesis honestly and stating i’m not going to purchase anything just because i saw some man 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 discover where it fits for me um i you understand naturally have to do a whole lot of research i can’t keep up with most likely ten percent of the the tokens and cryptos that come out uh each week i see a new one being noted on some exchange and i’m and i go i have actually never ever even i can’t think i’ve never heard of that i get a huge ego and i’m like how might i not have actually become aware of that however i have it and somehow it gets listed and there are probably lots of other individuals stating the exact same aspects of 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 lot of those tokens so the the way i look at it is one there are a couple of ways one is i try to inform myself as much as possible and then have a concept of what i like to find out about and like to purchase what do i like to invest in do i like to purchase the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i don’t like to buy some that are just just purely you understand pumps like pump plans or something i know a lot of individuals generated income on shiba inu i understand a great deal of people earned money on dogecoin that’s excellent to hear i don’t wish to do that that that’s not me i choose not to and i’m not telling anyone they ought to or they should not because there are a lot of individuals that have actually done well i select not to do that a person because they’re they trade remember 24 7 365.
i don’t wish to go to bed one night and i’m up here and awaken and i’m down here because what will take place is i’ll never sleep again and again from an emotional standpoint i do not desire that i i attempt to find out a fair 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 truthfully male it just takes a whole lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people 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 many of them can exist on their own a number 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 economic network alright if eth is the currency of the ethereum network so there’s an entire network there and it has to have his own it it needs to have its own currency to work efficiently so it so if we feel and and look this this gets into a bit of a viewpoint i’m a big defy person i love decentralized finance and part of the factor is since i have actually been in financing for so long and i know where the ineffectiveness are and i understand 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 efficient without the currency that runs the network you can’t have the blockchain technology be truly efficient working on dollars working 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 since there’s all these cryptocurrencies there’s a restricted quantity 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 again in my opinion start to begin to swallow up the conventional financial system and i don’t mean that whatever else is going to disappear i imply my sensation is banks and the crypto that the protocols and whatever are going to start working together they’re going to start incorporating 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 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 due to the fact that it’s just a it’s basically a database in a network you get educated and once again when you get informed 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 exclusively broadcast for etoro us club members our webinars let members directly interact with our guests using 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 exclusive access to our monthly webinars quarterly market reports and a dedicated account supervisor 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 real life etoro occasions be sure to take a look at the description for any promotional offers and to learn more about our fantastic guests i’ll see you in etoro us’s club Etoro Only Position Closing Is Allowed.