That the cost tomorrow…Is Etoro Lagging… is higher than the cost today that’s the only reason you’re getting into it which originates from education understanding and again returning to an investment thesis honestly and saying i’m not going to purchase anything even if 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 find out what it is and learn where it fits for me um i you understand of course have to do a great deal of research i can’t stay up to date with most likely 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 even i can’t think i have actually never ever become aware 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 people stating the very same aspects of cryptos that i know a lot about since i i tend to look at a lot of defy things i tend to look a great deal of those tokens so the the way i look at it is one there are a few ways 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 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 just purely you know 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 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 need to or they should not because there are a great deal of individuals that have actually done well i choose not to do that a person because they’re they trade keep in mind 24 7 365.
i don’t wish to go to bed 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 do not desire that i i try to discover a fair bit about the ones that i’m interested in or discover you know learn why i might be interested why they may have worth and truthfully guy it simply takes a great deal of education the other thing i’ll say about that genuine rapidly is you hear a lot of individuals who don’t understand a lot about crypto or or are truly versus it saying stating i don’t understand how there can be all these cryptocurrencies one of them has 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 a lot of them are a currency that is for a specific 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 fine 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 enters into a bit of a viewpoint i’m a huge defy man i love decentralized financing and part of the reason is because i’ve remained in financing for so long and i understand where the inadequacies are and i understand if we can take a few of those inadequacies out of the system and we can utilize blockchain technology to do it that would be great 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 working 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 since there’s all these cryptocurrencies there’s a minimal amount 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 start to swallow up the traditional monetary system and i do not 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 begin working together they’re going to begin incorporating together and that’s where you’re visiting a lot of this value so there’s so much money in the traditional finance system that’s going to make its way into what we currently call the crypto system or the
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Defi system and ultimately it’s simply going to be called the monetary system due to the fact that it’s simply a it’s essentially a database in a network you get educated and once 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 specifically transmitted for etoro us club members our webinars let members directly connect with our guests utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro boodle bag exclusive 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 subscription of the wall street journal delta pro and unique invitations to irl yes reality etoro events make sure to check out the description for any marketing offers and to find out more about our amazing guests i’ll see you in etoro us’s club Is Etoro Lagging.