That the rate tomorrow…Etoro Recommendations… is higher than the cost today that’s the only factor you’re entering into it which comes from education understanding and once again returning to an investment thesis honestly and stating i’m not going to invest in anything just because i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and find out what it is and discover where it suitables for me um i you understand naturally need to do a lot of research 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’ve never ever become aware of that i get a huge ego and i resemble how might 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 people saying the very same features of 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 way i take a look at it is one there are a few methods one is i attempt to inform myself as much as possible and after that have an idea of what i like to discover and like to purchase what do i like to buy 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 do not like to buy some that are simply simply purely you understand pumps like pump schemes or something i know a lot of people generated income on shiba inu i understand a great deal of people made money on dogecoin that’s great to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anyone they should or they should not because there are a great deal of people that have actually done well i pick not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t want to go to sleep one night and i’m up here and get up and i’m down here since what will happen is i’ll never sleep again and again from a psychological viewpoint i do not want that i i attempt to find out quite a bit about the ones that i have an interest in or learn you know learn why i might be interested why they may have value and truthfully guy it just takes a great deal of education the other thing i’ll state about that genuine quickly is you hear a great deal of individuals who do not understand a lot about crypto or or are really versus it saying saying i don’t understand how there can be all these cryptocurrencies among 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 many of them are a currency that is for a specific 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 alright 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 needs 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 huge defy man i love decentralized finance and part of the factor is since i’ve been in financing for so long and i understand where the inefficiencies 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 effective without the currency that runs the network you can’t have the blockchain technology be truly efficient running on dollars running 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 very much fact to the assertion that because there’s all these cryptocurrencies there’s a restricted amount of dollars that’s going to enter into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to begin to swallow up the traditional monetary system and i do not imply that everything else is going to go away i indicate my feeling is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to start incorporating together and that’s where you’re visiting a great deal of this value so there’s a lot cash in the conventional financing system that’s going to make its way into what we presently call the crypto system or the
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Defi system and ultimately it’s just going to be called the monetary system because it’s just a it’s basically a database in a network you get informed and again once 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 transmitted for etoro us club members our webinars let members directly engage with our guests using a q a and anyone or you can join etoro club and u.s club members get a bunch of benefits such as an etoro swag bag exclusive 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 membership of the wall street journal delta pro and exclusive invites to irl yes reality etoro occasions make sure to have a look at the description for any promotional deals and to get more information about our fantastic guests i’ll see you in etoro us’s club Etoro Recommendations.