That the price tomorrow…Julius Baer Switzerland Trading Platform… is higher than the cost today that’s the only reason you’re entering into it and that comes from education understanding and again going back to an investment thesis honestly and stating i’m not going to buy anything even if i saw some dude pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and learn 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 stay up to date with probably ten percent of the the tokens and cryptos that come out uh every week 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 believe i have actually never become aware of that i get a big ego and i’m like how might i not have actually become aware of that but i have it and in some way it gets noted and there are most likely tons of other people stating the exact same features of cryptos that i understand a lot about since i i tend to take a look at a lot of defy things 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 educate myself as much as possible and after that have a concept of what i like to discover and like to purchase what do i like to purchase do i like to buy the ones that have some sort of cash flow or liquidity procedure or something like that so understanding those i do not like to invest in some that are simply simply simply you understand pumps like pump schemes or something i understand a lot of people made money on shiba inu i know a great deal of individuals earned money on dogecoin that’s excellent to hear i do not want to do that that that’s not me i choose not to and i’m not telling anybody they need to or they shouldn’t because there are a great deal of people that have succeeded i choose not to do that one due to the fact that they’re they trade keep in mind 24 7 365.
i do not wish to go to bed one night and i’m up here and wake up and i’m down here since what will occur is i’ll never sleep again and again from a psychological standpoint i don’t desire that i i attempt to learn a fair bit about the ones that i have an interest in or discover you know discover why i might be interested why they might have value and truthfully male it just takes a whole lot of education the other thing i’ll state about that genuine quickly is you hear a lot of individuals who don’t comprehend a lot about crypto or or are really versus it saying saying i do not comprehend how there can be all these cryptocurrencies among 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 a lot of them are a currency that is for a specific 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 economic network alright 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 requires to have its own currency to operate efficiently so it so if we feel and and look this this gets into a bit of a viewpoint i’m a big defy man i love decentralized financing and part of the factor is because i’ve been in finance for so long and i know where the inadequacies are and i understand if we can take some of those ineffectiveness out of the system and we can use blockchain technology to do it that would be excellent the important things is the blockchain technology is not effective without the currency that runs the network you can’t have the blockchain innovation be actually efficient working 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 fact to the assertion that since there’s all these cryptocurrencies there’s a limited 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 once again in my viewpoint start to start to swallow up the standard monetary system and i don’t imply that whatever else is going to disappear i mean my sensation is banks and the crypto that the procedures and whatever are going to begin interacting they’re going to start incorporating together which’s where you’re going to see a great 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 financial system since it’s just a it’s essentially a database in a network you get informed and once again when 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 broadcast for etoro us club members our webinars let members straight engage with our guests utilizing a q a and any person or you can join etoro club and u.s club members get a lot of perks such as an etoro boodle bag exclusive access to our monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can likewise get things like a membership of the wall street journal delta pro and unique invites to irl yes reality etoro events make sure to take a look at the description for any marketing offers and to read more about our remarkable guests i’ll see you in etoro us’s club Julius Baer Switzerland Trading Platform.