That the rate tomorrow…Is It Too Late To Trade Cryptocurrency… is higher than the cost today that’s the only reason you’re entering it which comes from education understanding and once again returning to a financial investment thesis honestly and saying i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw someone pumping it on twitter i’m going to do my research study and find out what it is and learn where it suitables for me um i you understand obviously need to do a whole lot of research study 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 brand-new one being noted on some exchange and i’m and i go i’ve never ever even i can’t believe i have actually never ever become aware of that i get a huge ego and i resemble how could i not have heard of that but i have it and somehow it gets listed and there are most likely lots of other individuals saying the exact same things about cryptos that i understand a lot about since 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 attempt to educate myself as much as possible and after that have a concept of what i like to learn about and like to purchase what do i like to buy do i like to buy the ones that have some sort of cash flow or liquidity protocol or something like that so understanding those i don’t like to buy some that are just simply simply you understand pumps like pump schemes or something i know a great deal of individuals made money on shiba inu i know a great deal of individuals generated income on dogecoin that’s terrific to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anyone they need to or they shouldn’t because there are a great deal of individuals that have done well i pick not to do that one due to the fact that they’re they trade remember 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 since what will take place is i’ll never sleep again and again from a psychological viewpoint i do not want that i i try to find out a fair bit about the ones that i’m interested in or learn you understand discover why i might be interested why they might have worth and honestly man 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 do not comprehend a lot about crypto or or are truly against it saying saying 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 much 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 okay 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 requires to have its own currency to work efficiently so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy man i love decentralized finance and part of the reason is since i’ve remained in financing for so long and i know where the ineffectiveness are and i know if we can take a few of those inefficiencies out of the system and we can use blockchain technology to do it that would be terrific the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain innovation 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 quite truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited quantity of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to once again in my viewpoint start to start to swallow up the traditional monetary system and i do not suggest that everything else is going to disappear i mean my feeling is banks and the crypto that the protocols and everything are going to begin working together they’re going to start incorporating together which’s where you’re going to see a good deal of this value so there’s a lot cash 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 since it’s just a it’s basically a database in a network you get informed and once again as soon as you get informed have an investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar exclusively transmitted for etoro us club members our webinars let members straight communicate with our guests utilizing a q a and anyone or you can join etoro club and u.s club members get a lot of advantages such as an etoro swag bag unique access to our monthly webinars quarterly market reports and a devoted account manager if you join our higher tiers you can also get things like a membership of the wall street journal delta pro and exclusive invitations to irl yes reality etoro occasions be sure to check out the description for any advertising deals and to learn more about our remarkable visitors i’ll see you in etoro us’s club Is It Too Late To Trade Cryptocurrency.