That the cost tomorrow…Etoro Trading Knowledge Assessment… is higher than the price today that’s the only reason you’re getting into it and that originates from education understanding and once again going back to a financial investment thesis truthfully and saying i’m not going to purchase anything just because i saw some guy pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research and find out what it is and find out where it suitables for me um i you understand naturally need to do a great deal of research study i can’t keep up with probably 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 have actually never even i can’t believe i have actually never heard of that i get a big ego and i’m like how could i not have become aware of that however i have it and in some way it gets noted and there are probably lots of other individuals stating the same features of cryptos that i know a lot about because i i tend to look at a lot of defy stuff i tend to look a lot of those tokens so the the method i look at it is one there are a few ways one is i try to educate myself as much as possible and after that have an idea 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 comprehending those i do not like to invest in some that are just simply purely you understand pumps like pump plans or something i understand a lot of people earned money on shiba inu i know a lot of people made money on dogecoin that’s terrific to hear i don’t want to do that that that’s not me i pick not to and i’m not telling anyone they ought to or they should not because there are a great deal of people that have actually succeeded i select not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t wish to go to sleep one night and i’m up here and get up and i’m down here since what will take place is i’ll never sleep again and again from an emotional standpoint i don’t desire that i i attempt to find out quite a bit about the ones that i have an interest in or discover you understand find out why i might be interested why they might have worth and truthfully guy it simply takes a whole lot of education the other thing i’ll say about that real rapidly is you hear a lot of people who don’t comprehend a lot about crypto or or are truly against it stating saying i do not comprehend how there can be all these cryptocurrencies one of them has to win however that’s that’s not the case they are all they they can or a lot 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 all right 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 function effectively so it so if we feel and and look this this gets into a bit of an opinion i’m a big defy person i love decentralized finance and part of the reason is because i’ve been in finance for so long and i understand where the inefficiencies are and i understand if we can take a few of those inefficiencies out of the system and we can use blockchain innovation to do it that would be excellent 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 effective operating 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 reality to the assertion that because there’s all these cryptocurrencies there’s a limited quantity 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 opinion start to begin to swallow up the standard monetary system and i don’t mean that everything else is going to disappear i mean my sensation is banks and the crypto that the procedures and whatever are going to start interacting they’re going to begin integrating together which’s where you’re visiting a great deal of this worth so there’s so much cash 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 monetary system due to the fact that it’s simply a it’s basically a database in a network you get informed and again when you get educated have an 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 straight engage with our visitors utilizing a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag special access to our monthly webinars quarterly market reports and a dedicated account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and unique invites to irl yes reality etoro events be sure to take a look at the description for any marketing offers and to find out more about our incredible guests i’ll see you in etoro us’s club Etoro Trading Knowledge Assessment.