That the cost tomorrow…Nif Etoro… is higher than the cost today that’s the only factor you’re entering it and that comes from education understanding and again returning to a financial investment thesis honestly and stating i’m not going to invest in anything just because i saw some dude 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 discover where it suitables for me um i you understand naturally need to do a lot of research study i can’t stay up to date with probably ten percent of the the tokens and cryptos that come out uh weekly i see a new one being noted on some exchange and i’m and i go i’ve never even i can’t think i’ve never ever become aware of that i get a big ego and i resemble how might i not have heard of that but i have it and in some way it gets listed and there are most likely tons of other individuals saying the exact same features of cryptos that i know a lot about because i i tend to look at a great deal of defy stuff 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 few ways one is i try to inform myself as much as possible and after that have a concept of what i like to find out about and like to purchase what do i like to invest in do i like to invest in the ones that have some sort of cash flow or liquidity procedure or something like that so comprehending those i don’t like to invest in some that are just just purely you understand pumps like pump schemes or something i know a great deal of individuals earned money on shiba inu i know a lot of people generated income on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i choose not to and i’m not telling anyone they need to or they shouldn’t because there are a lot of individuals that have actually succeeded i pick not to do that a person because they’re they trade remember 24 7 365.
i do not want to go to bed one night and i’m up here and awaken and i’m down here due to the fact that what will happen is i’ll never sleep again and again from an emotional perspective i do not want that i i try to discover a fair bit about the ones that i’m interested in or discover you understand find out why i might be interested why they might have worth and truthfully guy it just takes a lot of education the other thing i’ll state about that real quickly is you hear a lot of people who do not comprehend a lot about crypto or or are actually versus it stating 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 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 financial 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 function efficiently so it so if we feel and and look this this gets into a little bit of an opinion i’m a huge defy man i love decentralized financing and part of the reason is since i have actually been in finance for so long and i know where the ineffectiveness 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 great the thing is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be truly efficient running 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 reality to the assertion that due to the fact that there’s all these cryptocurrencies there’s a limited amount of dollars that’s going to go into them so i got to figure out which one’s going to be the winner it is going to again in my viewpoint start to start to swallow up the traditional monetary system and i do not mean that whatever else is going to disappear i mean my feeling is banks and the crypto that the procedures and everything are going to start collaborating they’re going to begin incorporating together which’s where you’re visiting a great deal of this value so there’s a lot cash in the traditional financing 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 eventually it’s just going to be called the monetary system since it’s simply a it’s essentially a database in a network you get informed and again when you get informed have a financial investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar exclusively broadcast for etoro us club members our webinars let members directly engage with our guests using a q a and anyone or you can sign up with etoro club and u.s club members get a bunch of benefits such as an etoro boodle bag exclusive access to our month-to-month webinars quarterly market reports and a dedicated account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and special invites to irl yes reality etoro events make sure to check out the description for any advertising deals and for more information about our amazing visitors i’ll see you in etoro us’s club Nif Etoro.