That the cost tomorrow…Etoro Stockwatch… is higher than the rate today that’s the only reason you’re getting into it which comes from education understanding and again returning to a financial investment thesis honestly and stating i’m not going to buy 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 and learn what it is and learn where it suitables for me um i you know of course 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 every week i see a new one being listed on some exchange and i’m and i go i’ve never ever even i can’t believe i have actually never ever heard of that i get a huge ego and i’m like how might i not have actually heard of that however i have it and in some way it gets listed and there are most likely lots of other individuals saying the same things about cryptos that i know a lot about because 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 try to inform myself as much as possible and after that have an idea of what i like to learn more about and like to buy what do i like to buy do i like to purchase the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i do not like to invest in some that are just simply simply you understand pumps like pump schemes or something i understand a lot of individuals earned money on shiba inu i know a lot of people made money on dogecoin that’s great to hear i don’t want to do that that that’s not me i select not to and i’m not telling anyone they need to or they shouldn’t because there are a lot of individuals that have actually succeeded i select not to do that a person since they’re they trade remember 24 7 365.
i don’t want to go to sleep one night and i’m up here and wake up and i’m down here because what will take place is i’ll never sleep again and again from a psychological perspective i don’t want that i i try to learn quite a bit about the ones that i’m interested in or learn you know learn why i might be interested why they may have worth and truthfully male it simply takes a great deal of education the other thing i’ll say about that real quickly is you hear a great deal of individuals who do not understand a lot about crypto or or are actually against it saying stating i do not comprehend how there can be all these cryptocurrencies among them needs to win however that’s that’s not the case they are all they they can or a number of them can exist on their own a number 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 work efficiently so it so if we feel and and look this this enters a bit of an opinion i’m a big defy guy i love decentralized financing and part of the reason is since i’ve been in finance for so long and i know where the ineffectiveness 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 great 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 really 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 because 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 once again in my viewpoint start to begin to swallow up the standard monetary system and i don’t suggest that everything else is going to disappear i suggest my feeling is banks and the crypto that the protocols and whatever are going to start collaborating they’re going to start incorporating together which’s where you’re visiting a good deal of this value so there’s so much money in the standard 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 eventually it’s just going to be called the monetary system because it’s simply a it’s essentially a database in a network you get educated and again when you get educated have a financial investment thesis here’s what i like to purchase here’s what i don’t this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly connect with our guests using a q a and anyone or you can join etoro club and u.s club members get a bunch of advantages such as an etoro swag bag special access to our regular monthly webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and unique invitations to irl yes real life etoro occasions make sure to have a look at the description for any marketing deals and to find out more about our incredible visitors i’ll see you in etoro us’s club Etoro Stockwatch.