“These markets are different than any other markets because the price is entirely driven off sentiment.” - William Duplessie

(click to tweet)

The cryptocurrency market is unlike any other market.

This is because the mainstream media outlets are not adjacent to the action. With the stock market, New York City’s financial media players are skewering every word that leaks out of Wall Street. But with the decentralized nature of cryptocurrency, the information that leaks into the online forums is as close to the truth as possible.

On today’s episode of The Bitcoin Crypto Mentor Mastermind show we are joined by William Duplessie to discuss trading strategies. William gathers his crypto news from the deep forums on Reddit, often waking up to over hundreds of notifications. Thus, his insights are as close to the truth as we can possibly hear.

Don’t forget! You can also listen to The Bitcoin Crypto Mentor Mastermind Show on Spotify! Click “Follow” and let me know what you think!

“This is the democratization of the world economy.” - William Duplessie

(click to tweet)

Points to Keep In Mind

• Steem is a decentralized Reddit (get paid to make good content)
• Be careful of any cryptos under 100 Bitcoin of volume
• This is unlike any other market because the people closest to the news aren’t mainstream outlets (use Telegram app for leaks)
• When trying to find news, use Google, Twitter, and Reddit
• Foreign countries like Zimbabwe are leading in adoption
• Centralized cryptocurrency isn’t a cryptocurrency
• Take profit off the table, and leave what you started with
• North Korea is one of the largest hubs of mining
• Don’t invest in what you don’t understand