The Tai Lopez Show

Bitcoin to $1 Million? Why This Is Just The Start: William Duplessie

The Tai Lopez Show

“I’m witnessing people make obscene amounts of money. I’m watching people clear hundreds of thousands of dollars in a day.” - William Duplessie

(click to tweet)

The Bitcoin headlines are taking over.

What was just $7,000 last month is now over $13,000. People are making millions, and the growth isn’t stopping anytime soon. Cryptocurrency is the new gold rush, and it is up to you to make the most out of it.

How to do this is through education. Blockchain, wallets, ledgers, ICOs - the terms surrounding cryptocurrency are dense and require research, education, and expert opinion to fully understand the entire landscape.

That is why on today’s episode of The Tai Lopez Show, I have brought on cryptocurrency-expert  William Duplessie. Since first discovering cryptocurrency in 2012, William has fully committed himself to understanding and analyzing the world of cryptocurrency. Now an Associate at Science Blockchain and a collaborator with the crypto-guru Brock Pierce, it’s all he “thinks, eats, and breathes.” In today’s episode, Duplessie shares his views on where cryptocurrency is headed, what are the best tools and products to use, and how to make the most out of your investment.

You can listen to the full interview at the Bitcoin Crypto Mentor Mastermind show and don’t forget you can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“What I can tell you is that the S&P 500 has done a 220% gain (adjusted for inflation) over the past 20 years. Bitcoin, over the past 5 years, has gone up over 7500%.” - William Duplessie

(click to tweet)

Points to Keep In Mind

  • Cryptocurrency isn’t equity or stock, it’s more like gold in that its limited in its circulation
  • Start largest market cap coins and move down to the smaller markets
    • Bitcoin > Ethereum > Litecoin > Bitcoin Cash
  • When storing your physical wallets, bolt your safe to the ground
  • When evaluating cryptocurrencies, think duration of investment
  • There are no fundamentals in cryptocurrency trading
  • You can buy and hold all day, but trading requires extensive education

Resources

  • Coinmarketcap.com to learn about coins
  • Telegram app to monitor progress on cryptocurrency channels
  • Best exchange to get started is Coinbase
    • FDIC-insured and won’t crash as often as competitors
  • Use physical wallet to store (options: Trezor and Ledger)

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📆 2017-12-22 11:00 / 01:17:52