That the cost tomorrow…Paper Trading Cryptocurrency… is higher than the cost today that’s the only reason you’re entering it and that originates from education understanding and again going back to a financial investment thesis truthfully and saying 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 and discover what it is and discover where it fits for me um i you know of course have to do a whole 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 brand-new one being listed on some exchange and i’m and i go i’ve never even i can’t believe i’ve never ever become aware of that i get a big ego and i’m like how might i not have become aware of that but i have it and somehow it gets noted and there are most likely lots of other people stating the same aspects of cryptos that i know a lot about since i i tend to look at a great deal of defy stuff i tend to look a lot of those tokens so the the way i look at it is one there are a few ways one is i try to educate myself as much as possible and then have a concept of what i like to find out about and like to buy what do i like to buy do i like to purchase the ones that have some sort of cash flow or liquidity protocol or something like that so comprehending those i don’t like to purchase some that are simply just simply you understand pumps like pump schemes or something i understand a lot of individuals made money on shiba inu i understand a great deal of individuals made money on dogecoin that’s excellent to hear i do not wish to do that that that’s not me i select not to and i’m not telling anyone they need to or they shouldn’t because there are a great deal of people that have succeeded i pick not to do that a person since they’re they trade keep in mind 24 7 365.
i don’t want 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 sleep again and again from an emotional standpoint i do not desire that i i try to find out a fair bit about the ones that i have an interest in or discover you understand find out why i might be interested why they might have value and honestly guy it simply takes a whole lot of education the other thing i’ll say about that genuine quickly is you hear a lot of people who don’t comprehend a lot about crypto or or are truly against it saying stating i do not comprehend how there can be all these cryptocurrencies one of 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 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 financial network all right 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 needs to have its own currency to work effectively so it so if we feel and and look this this enters a little bit of a viewpoint i’m a big defy person i love decentralized finance and part of the factor is because i’ve been in finance for so long and i understand where the inadequacies are and i understand if we can take a few of those inadequacies out of the system and we can utilize blockchain technology to do it that would be great the thing is the blockchain innovation is not effective without the currency that runs the network you can’t have the blockchain technology be really 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 effective so there is to me not very much fact to the assertion that since there’s all these cryptocurrencies there’s a minimal amount of dollars that’s going to go into them so i got to determine which one’s going to be the winner it is going to again in my viewpoint start to start to swallow up the traditional financial system and i don’t indicate that whatever else is going to disappear i mean my feeling is banks and the crypto that the protocols and whatever are going to start interacting they’re going to begin integrating together and that’s where you’re visiting a good deal of this worth so there’s so much cash in the conventional finance 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 ultimately it’s simply going to be called the financial system due to the fact that it’s simply a it’s essentially a database in a network you get informed and once again when you get educated have a financial investment thesis here’s what i like to buy here’s what i do not this is a clip from our webinar specifically broadcast for etoro us club members our webinars let members directly communicate with our visitors utilizing a q a and any person or you can sign up with etoro club and u.s club members get a lot of advantages such as an etoro boodle bag unique access to our regular monthly webinars quarterly market reports and a devoted account supervisor if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and special invites to irl yes reality etoro events make certain to check out the description for any advertising offers and to learn more about our remarkable guests i’ll see you in etoro us’s club Paper Trading Cryptocurrency.