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hi friends welcome to another video today i will cover a very specific topic how to bid on walls that are liquidated in auctions i will explain how it works how to calculate your potential profit and how to actually bid on the auctions this is a very nerdy and advanced topic so if this is too much for you dont worry just skip this video and join us for the next one but before we get into it if you are passionate about investing innovation and personal growth then make sure to subscribe to this channel so you dont miss any future videos and with that lets get into it okay lets start at the beginning so we have these centralized assets like the tesla which is a decentralized asset that is supposed to track the price of tesla and the mechanism to create such a decentralized stock is you need to create a vault you need to lock up some collateral you need to take out a loan and with that loan you mint a new decentralized assets like for example a d tesla so lets look at this world for