 Hey, everyone, it's MJ the student's actually and in this video I want to talk about how to exploit information Cemetery's in the crypto market to make profit So quite a big topic, but it is actually a very very simple idea And we haven't got the idea from is in actual science we study traditional financial markets and in these traditional financial markets, they are Regulated and one of the ways that they're regulated is they regulate the information that is shared between The various parties and agents in the market So much so that before a company releases information It will first make an announcement that it is going to release Information and there's a whole portal where they make the sense announcements And there's a bit of a build up and people know that a big announcement is coming And the share price will either go up or down what people think is going to happen And it is only a few days later when they actually make the announcements And it's either good or it's bad that the market then corrects itself So in this part over here It is a bit of a gamble if you know the information before it is released That is a big no-no that is considered to be illegal and is known as Inside of trading they don't want anyone to have an unfair advantage when it comes to trading of financial markets So that's normal financial markets. They have got this regulation crypto markets well, they're not really regulated and there is no such regulation around the information of these various crypto currencies and One thing that I have noticed is that when a coin gets either listed on a new exchange Or let's say gets a new feature All there's going to be a fall core or something like that the price reacts Okay, the price will react to that Now in certain situations I've been lucky enough to either be on the discord group or the telegram group of these various coins and I've been able to see that information Before they posted on Twitter and before the general public becomes aware of it and this gives me an unfair Advantage in the sense that I can now make my trade before the market makes it then see that the market does You know information thing filters onto the market and then the price does react in a favorable way I can sell out and yay It's some it's an easy profit. Of course, it doesn't always work out But the chances are a lot higher when you have this information advantage Okay, so now we come to the question of how can you do it? So if we're looking at you, how can you benefit from these information asymmetries? And the thing is unless you have a lot of time to be on all the discord groups It's going to become too difficult. It's too difficult to monitor I mean, there's so many potential coins out there that one person doesn't have enough time And that's when I got thinking about creating a group or let's call it a club. In fact, I've actually called it the Cryptocurrency information Club and the whole idea of this club is to do nothing but share information From the discord groups in a more structured approach. So how the group would work is they would let's say we have Three people this person is just concerned with light coin. This person's just concerned with smart cash This person's just concerned with this new. I don't know other weird ICO coin that's just popped up And they're looking at the discord group and in these discord groups There is a lot of noise So this person will filter out the noise and just post the big announcement on the group and Then what that does is it allows these other people to also benefit from that information? So if light coin makes a big announcement that they're going to do X Y and Z This person can let the group know and these people can also benefit The reason why this person will do that is because these people are going to do the same when it comes to smart cash And and other tokens now because of this we want this group to be a little bit of an elite group Or we want to control it and make sure that everybody is participating and no one's just a free loader So what I've done what I've been working on this website called teachable I've realized that the teachable platform actually allows me to create a closed-off or a guest private group where people can subscribe have a monthly subscription fee and comment in a structured way and The idea can be that if somebody is not participating isn't posting frequently enough on their coin then they will be kicked off so that is the the idea is for us to group together and Post on teachable so I know teachable has been made as a teaching platform But we can use it to create an information club where we share information and hopefully we can all benefit From the information symmetries So what I've done is I've created this little group The first five people I mean you guys can get in for free if you use the code Founding five because as the group gets more and more members so it becomes more and more valuable And we want to kick starter so the first five people get it free then from five to ten we'll make it just five dollars a month and the code to use is Next five and then from ten to twenty that will be twenty dollars and that will be top twenty and Then once we have I mean once we have twenty members I think this group is going to be very valuable from an information point of view So after that it will be fifty dollars a month to join Which in some circumstances is quite expensive But what it does is it does just filter out the members who are serious versus the members who just want a bit of a a free lunch So it is a group where people are expected to to help one another and The great thing is about using teachable. I mean actually yeah, let me let me show you the app quickly Okay, yeah, so this is the app. You can just click on teachable and if you've enrolled in the course It'll be under my statistics by MJ course. You click on the cryptocurrency information club you'll be able to to get in and There we go You'll see there'll be the main sections where they are just some guidelines on how use the club big Announcements that each person will post if their coins being listed or a new exchange something like that General discussion and an idea is that for each coin We'll have a section where someone can only one person will make the announcements the person who champions the coin and another area for people to Have discussions and what this does is just allows the information to be in a more structured way Because I've got what's up groups I've tried discord groups and there is a lot of noise this way It does make the information cleaner and it's going to help us to react on it So there we go That is the cryptocurrency information club Feel free to join if you're into crypto trading But I just thought it was a great way to to use this new platform called teachable and just explore it and see a different use Case but as always thanks so much for watching and I look forward to seeing you in future videos. Cheers