That the cost tomorrow…Panasonic Etoro… is higher than the cost today that’s the only factor you’re entering into it and that comes from education understanding and again going back to a financial investment thesis truthfully and stating i’m not going to purchase anything even if i saw some man 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 learn where it suitables for me um i you understand of course have to do a great deal of research i can’t stay up to date with most likely ten percent of the the tokens and cryptos that come out uh each 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 think i have actually never ever become aware of that i get a huge ego and i’m like how could i not have heard of that however i have it and in some way it gets listed and there are most likely tons of other people stating the same aspects 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 lot 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 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 buy the ones that have some sort of capital or liquidity protocol or something like that so comprehending those i don’t like to invest in some that are simply simply simply you understand pumps like pump plans or something i know a lot of people earned money on shiba inu i know a great deal of individuals earned money on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i pick not to and i’m not telling anybody they must or they shouldn’t because there are a great deal of individuals that have actually done well i choose not to do that a person due to the fact that they’re they trade keep in mind 24 7 365.
i do not wish to go to sleep one night and i’m up here and wake up and i’m down here because what will occur is i’ll never ever sleep again and again from a psychological viewpoint i don’t desire that i i attempt to discover a fair bit about the ones that i’m interested in or discover you understand discover why i might be interested why they may have worth and truthfully guy it just takes a great deal of education the other thing i’ll state about that real quickly is you hear a great deal of people who do not comprehend a lot about crypto or or are truly against it stating saying i don’t understand 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 number of them can exist on their own many 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 financial network okay 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 function effectively so it so if we feel and and look this this enters a bit of a viewpoint i’m a huge defy guy i love decentralized finance and part of the reason is because i’ve been in financing for so long and i know where the inadequacies are and i understand if we can take a few of those inefficiencies out of the system and we can utilize blockchain innovation 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 technology be actually effective operating on dollars running 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 truth to the assertion that since there’s all these cryptocurrencies there’s a limited quantity 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 conventional monetary system and i do not suggest that whatever else is going to disappear i imply my sensation is banks and the crypto that the procedures and whatever are going to start collaborating they’re going to start integrating together and that’s where you’re visiting a great deal of this value so there’s so much money in the conventional 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 because it’s just a it’s basically a database in a network you get informed and again when you get educated have an investment thesis here’s what i like to buy here’s what i don’t this is a clip from our webinar specifically relayed for etoro us club members our webinars let members straight engage with our visitors using a q a and any person or you can join etoro club and u.s club members get a bunch of perks such as an etoro swag bag unique access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can also get things like a membership of the wall street journal delta pro and unique invites to irl yes real life etoro occasions be sure to check out the description for any marketing offers and to learn more about our fantastic visitors i’ll see you in etoro us’s club Panasonic Etoro.