That the rate tomorrow…Nui International 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 once again going back to a financial investment thesis honestly and saying i’m not going to purchase anything just because i saw some man pumping it on tick tock or i saw somebody pumping it on twitter i’m going to do my research study and discover what it is and learn where it fits for me um i you know naturally need to do a lot of research study 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 noted on some exchange and i’m and i go i’ve never even i can’t believe i’ve never become aware of that i get a huge ego and i’m like 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 people saying the very same things about 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 method i take a look at it is one there are a few ways one is i try to educate myself as much as possible and then have an idea of what i like to learn about and like to purchase what do i like to purchase do i like to invest in the ones that have some sort of cash flow or liquidity protocol 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 lot of people made money on shiba inu i know a great deal of individuals made money on dogecoin that’s fantastic to hear i do not want to do that that that’s not me i pick not to and i’m not telling anyone they must or they shouldn’t because there are a lot of individuals that have done well i pick not to do that a person because they’re they trade keep in mind 24 7 365.
i do not want to go to sleep 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 ever sleep again and again from a psychological standpoint i don’t want that i i attempt to learn a fair bit about the ones that i have an interest in or discover you understand learn why i might be interested why they might have value and truthfully male it just takes a lot of education the other thing i’ll say about that real rapidly is you hear a great deal of individuals who don’t understand 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 but that’s that’s not the case they are all they they can or a lot 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 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 requires to have its own currency to function efficiently so it so if we feel and and look this this gets into a bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the factor is since i’ve remained in finance for so long and i understand where the inefficiencies are and i know if we can take some of those inefficiencies out of the system and we can use blockchain technology to do it that would be excellent the important things is the blockchain innovation is not efficient without the currency that runs the network you can’t have the blockchain innovation be actually efficient operating on dollars operating on us dollars over the banking system you have to have the cryptocurrency the currency of the network to make it efficient so there is to me not very much truth to the assertion that due to the fact that there’s all these cryptocurrencies there’s a minimal 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 opinion start to begin to engulf the standard financial system and i do not mean that everything else is going to disappear i mean my feeling is banks and the crypto that the protocols and everything are going to start interacting they’re going to start incorporating together and that’s where you’re going to see a lot of this worth so there’s a lot cash in the conventional financing system that’s going to make its method into what we currently call the crypto system or the
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Defi system and ultimately it’s just going to be called the financial system due to the fact that it’s just a it’s essentially a database in a network you get informed and once again once you get informed have an investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar solely broadcast for etoro us club members our webinars let members directly communicate with our guests utilizing a q a and anybody or you can sign up with etoro club and u.s club members get a bunch of perks such as an etoro swag bag exclusive access to our regular monthly webinars quarterly market reports and a dedicated account manager 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 real life etoro occasions be sure to take a look at the description for any advertising offers and for more information about our amazing guests i’ll see you in etoro us’s club Nui International Trading Platform.