That the price tomorrow…Xm Vs Etoro Ph… is higher than the price today that’s the only factor you’re entering into it which originates from education understanding and once again returning to a financial investment thesis honestly and saying i’m not going to purchase 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 find out what it is and discover where it suitables for me um i you know obviously need to do a lot of research 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 listed on some exchange and i’m and i go i have actually never even i can’t believe i’ve never ever heard of that i get a big ego and i’m like how could i not have actually heard of that but i have it and in some way it gets listed and there are probably lots of other individuals saying the exact same things about cryptos that i understand a lot about since 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 look at it is one there are a couple of ways one is i attempt to educate myself as much as possible and then have a concept of what i like to find out about and like to invest in what do i like to invest in do i like to purchase 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 simply simply purely you understand pumps like pump schemes or something i understand a lot of individuals made money on shiba inu i know a great deal of individuals generated income on dogecoin that’s excellent to hear i do not want 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 great deal of individuals that have actually done well i pick not to do that a person due to the fact that they’re they trade remember 24 7 365.
i don’t 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 take place is i’ll never sleep again and again from a psychological perspective i do not want that i i attempt to learn a fair bit about the ones that i have an interest in or learn you understand find out why i might be interested why they may have value and truthfully male it simply takes a great deal of education the other thing i’ll say about that real rapidly is you hear a lot of people who do not comprehend a lot about crypto or or are truly against it stating stating i don’t comprehend how there can be all these cryptocurrencies among them needs 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 much of them are a currency that is for a specific network so bitcoin for instance is the currency for the bitcoin network it’s the equivalent of the dollar is the currency for the united states economic network okay 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 efficiently so it so if we feel and and look this this enters a little bit of an opinion i’m a huge defy person i love decentralized financing and part of the factor is because i’ve been in finance for so long and i understand where the ineffectiveness are and i understand if we can take a few of those ineffectiveness out of the system and we can utilize blockchain technology to do it that would be fantastic the important things is the blockchain technology is not effective 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 effective so there is to me not very much fact 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 opinion start to start to engulf the traditional financial system and i do not suggest that everything else is going to disappear i mean my feeling is banks and the crypto that the protocols and whatever are going to start working together 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 finance system that’s going to make its way 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 since it’s just a it’s essentially a database in a network you get educated and again when you get informed have a financial investment thesis here’s what i like to invest in here’s what i don’t this is a clip from our webinar solely broadcast for etoro us club members our webinars let members straight communicate 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 boodle bag unique access to our regular monthly webinars quarterly market reports and a devoted account manager if you join our greater tiers you can likewise get things like a subscription of the wall street journal delta pro and exclusive invitations to irl yes reality etoro occasions be sure to take a look at the description for any advertising offers and for more information about our amazing visitors i’ll see you in etoro us’s club Xm Vs Etoro Ph.