That the price tomorrow…Lee Chief Risk Officer Etrade Jersey City… is higher than the price today that’s the only reason you’re entering into it which comes from education understanding and again returning to a financial investment thesis truthfully and saying i’m not going to invest in anything just because i saw some guy 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 learn where it suitables for me um i you know naturally have to do a great deal of research i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh each week i see a new one being listed on some exchange and i’m and i go i’ve never even i can’t think i’ve never heard of that i get a huge ego and i resemble how might i not have actually heard of that however i have it and in some way it gets noted and there are probably lots of other individuals saying the exact same things about cryptos that i know 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 way i look at it is one there are a few methods 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 buy the ones that have some sort of capital or liquidity procedure or something like that so comprehending those i do not like to buy some that are just just simply you understand pumps like pump plans or something i know a great deal of individuals generated income on shiba inu i understand a great deal of individuals generated income on dogecoin that’s fantastic to hear i do not want to do that that that’s not me i select not to and i’m not telling anybody they need to or they should not because there are a lot of individuals that have actually done well i choose not to do that a person because they’re they trade remember 24 7 365.
i do not wish to go to sleep one night and i’m up here and get up and i’m down here due to the fact that what will take place is i’ll never ever sleep again and again from a psychological perspective i don’t desire that i i attempt to discover quite a bit about the ones that i have an interest in or discover you know find out why i might be interested why they might have value and honestly man it simply takes a lot of education the other thing i’ll state about that genuine rapidly is you hear a great deal of people who don’t comprehend a lot about crypto or or are really against it saying stating i don’t 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 number 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 all right 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 needs to have its own currency to operate effectively so it so if we feel and and look this this gets into a bit of an opinion i’m a big defy man i love decentralized financing and part of the reason is because i have actually remained in finance for so long and i know where the inefficiencies are and i know if we can take a few of those inadequacies out of the system and we can use blockchain technology to do it that would be great the important things is the blockchain technology is not efficient without the currency that runs the network you can’t have the blockchain technology be actually effective working on dollars working on us dollars over the banking system you need to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much fact to the assertion that because there’s all these cryptocurrencies there’s a restricted 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 begin to engulf the conventional monetary system and i don’t mean that everything else is going to go away i imply my feeling is banks and the crypto that the protocols and everything are going to start interacting they’re going to begin integrating together which’s where you’re visiting a good deal of this worth so there’s so much money in the traditional finance system that’s going to make its method into what we presently call the crypto system or the
What’s bad about eToro? Lee Chief Risk Officer Etrade Jersey City
Defi system and eventually it’s just going to be called the monetary system because it’s simply a it’s essentially a database in a network you get educated and again as soon as you get informed have a financial investment thesis here’s what i like to invest in here’s what i do not this is a clip from our webinar specifically relayed for etoro us club members our webinars let members directly connect with our visitors utilizing a q a and any person 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 dedicated account manager if you join our higher tiers you can also get things like a subscription of the wall street journal delta pro and special invitations to irl yes reality etoro occasions make sure to take a look at the description for any advertising offers and to learn more about our remarkable visitors i’ll see you in etoro us’s club Lee Chief Risk Officer Etrade Jersey City.