That the cost tomorrow…How To Start A Hedge Fund With Etoro… is higher than the rate today that’s the only factor you’re getting into it and that comes from education understanding and once again going back to an investment thesis truthfully and saying i’m not going to buy 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 fits for me um i you understand obviously have to do a lot of research 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’ve never ever even i can’t think i have actually never heard of that i get a big ego and i’m like how could i not have actually become aware of that however i have it and in some way it gets noted and there are probably tons of other people stating the very same features of cryptos that i understand a lot about because i i tend to look at a lot of defy stuff i tend to look a great deal of those tokens so the the method i look at it is one there are a few methods one is i try to inform myself as much as possible and then have an idea of what i like to find out 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 understanding those i don’t like to purchase some that are simply simply simply you understand pumps like pump schemes or something i understand a great deal of people made money on shiba inu i know a lot of individuals made money on dogecoin that’s great 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 done well i select not to do that one 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 wake up and i’m down here due to the fact that what will occur is i’ll never sleep again and again from a psychological viewpoint i do not desire that i i attempt to find out a fair bit about the ones that i’m interested in or learn you understand find out why i might be interested why they might have value and honestly guy it simply takes a whole lot of education the other thing i’ll state about that real quickly is you hear a lot of people who don’t understand a lot about crypto or or are really against it saying stating i do not understand 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 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 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 effectively so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy guy i love decentralized financing and part of the factor is because i have actually remained in finance for so long and i know where the inefficiencies are and i understand if we can take a few of those ineffectiveness out of the system and we can utilize blockchain innovation to do it that would be fantastic the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain technology be really effective running on dollars working on us dollars over the banking system you have 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 because there’s all these cryptocurrencies there’s a limited quantity 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 once again in my opinion start to start to swallow up the traditional financial system and i don’t imply that whatever else is going to go away i suggest my feeling is banks and the crypto that the protocols and everything are going to start collaborating they’re going to start integrating together and that’s where you’re going to see a lot of this value so there’s a lot money in the standard finance 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 just going to be called the monetary system since it’s just a it’s essentially a database in a network you get educated and again as soon as you get informed have an investment thesis here’s what i like to purchase 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 utilizing 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 boodle bag special access to our month-to-month webinars quarterly market reports and a devoted account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and unique invitations to irl yes reality etoro events be sure to check out the description for any promotional offers and to find out more about our incredible visitors i’ll see you in etoro us’s club How To Start A Hedge Fund With Etoro.