September 13, 2024

๐Ÿฅ› 5 must-see visuals for crypto investors ๐Ÿ‘€

Today's edition is brought to you by Uphold โ€“ your all-in-one platform to buy, sell, exchange, and store 300+ digital assets.ย 

Exclusive to US users: Earn up to 5% APY1 on idle USD!

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GM. This is Milk Road โ€“ your cheat sheet for crypto!

Hereโ€™s what we got for you today:

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5 VISUALS EVERY CRYPTO INVESTOR NEEDS TO SEE ๐Ÿ‘€

Sure, skipping the instruction manual might make for a great Reddit post when building IKEA furnitureโ€ฆ

But doing the same when investing is a fast track to getting rekt.

Hereโ€™re five charts and visuals that should be part of every investorโ€™s handbook:ย 

1/ The early bird gets the summer house in The Hamptons

The sooner you start investing โ†’ the sooner you can start compounding your returns โ†’ the greater the potential outcome. ๐Ÿฆ๏ธย 

Check this out:

2/ Learn to read the market โ†’ avoid max pain

Ah, buying the top and selling the bottom โ€“ an age old tradition followed by many first-time investors.

It ainโ€™t a fun time! Learning to listen to the marketโ€™s signals is like taking a daily baby aspirin โ€“ both can help you avoid a heart attack. ๐Ÿ’”ย 

3/ โ€œThis too shall passโ€

So youโ€™ve learned to read the marketโ€™s signals enough to avoid max painโ€ฆ

But it doesnโ€™t mean there wonโ€™t be any pain. Bear markets are inevitable. ๐Ÿปย 

But thankfully, they tend to be shorter than bull runs:

4/ Reinvest your earnings โ€“ seriously, the power of compounding is WILD!

If you took $0.01 and doubled it every day for thirty days, youโ€™d have โ€“ I dunno, what, like $1,000?

Checks correct answerย 

$5.3M!? Wow.

Ok. Guess thereโ€™s a reason Einstein (yes, that Einstein) called compound interest "The eighth wonder of the world."

Are you going to be able to double your money everyday for 30 days? No.

But when youโ€™re playing the long game, you donโ€™t need to โ€“ investing $5,500 per year compounding at an average of 10% per year would make you a millionaire in 30 years time. ๐Ÿคฏย 

5/ Traders make millions, investors make billions

There are very few billionaire traders in the world, while thereโ€™s a glut of billionaire investors.

Want more free time, and greater returns in the long run? Learn to invest.

Our two cents? Be like Warren.ย 

He didnโ€™t build generational wealth with a single trade. He did it by:ย 

  • Picking solid assetsย 

  • Structuring his portfolio properlyย 

  • Keeping a long-term time horizonย 

If you want to succeed in crypto, thatโ€™s what you gotta do too. To help you out, we launched the Milk Road PRO Portfolio a few months ago.ย 

Good news: Weโ€™re now revamping it โ€” weโ€™re revealing our strategies (yield farming, lending, staking etc.) to generate passive income. ๐Ÿ”ฅย 

Thereโ€™s more: Tomorrow, weโ€™re launching a PRO report that goes deep into our reasoning behind each yield strategy.

Sadly, you donโ€™t have access to tomorrowโ€™s report nor the Milk Road PRO Portfolio โ€” but you can change that.ย 

Upgrade your subscription to Milk Road PRO today & unlock full access to our portfolio, weekly reports, community and moreโ€ฆ ๐Ÿ‘€

P.S. If youโ€™re not putting your assets to work, youโ€™re leaving money on the table!ย 

SAY GOODBYE TO CHAOS!

Why juggle multiple platforms when you can do it all in one place?ย 

  • Trade 300+ assets*, including $BTC, $ETH, & $SOL ๐Ÿค

  • Get early access to new tokens before everyone else ๐ŸŽซ

  • Automate your buys for effortless dollar-cost averaging ๐Ÿค–

  • Secure your $BTC with Vault, Upholdโ€™s โ€œAssistedโ€ Self-Custody solution ๐Ÿ”’

But waitโ€”thereโ€™s more!

Got USD? Earn up to 5% APY1 with the USD Interest Account2โ€”exclusive to US users and FDIC-insured3. ๐Ÿ’ฐ

Elevate your crypto game (and life) with Uphold!ย 

*Disclaimer.

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TRUMP IS LAUNCHING A DEFI PLATFORM TO โ€˜LEAVE THE BIG BANKS BEHINDโ€™ ๐Ÿ˜ฆ

In case you missed it: Trump is launching his very own DeFi platform, โ€˜World Liberty Financialโ€™ (WLFi).ย 

WLFi aims to allow users to store money in a digital wallet, offer a credit account system, borrow or lend cash, and use tokens to invest in assets like crypto.

DeFi platform launch + public swing at the banking system = catnip for Crypto Twitter.

Now, imagine going back in time, to 2021 (right after Trump came out against Bitcoin) โ†’ finding your past self โ†’ and telling them that modern-day DJT:

  1. Has made $7M from selling NFTs

  2. Currently holds $2.8M worth of $ETH

  3. Has taken in $119M of crypto campaign funding

  4. Plans to launch his very own DeFi platform

  5. And is launching the platform two months out from the close of his second re-election bid

Youโ€™d sooner expect Ashton Kutcher to jump out of some nearby bushes and say โ€œyouโ€™ve been Punkโ€™d,โ€ย than actually believe yourself. ๐Ÿคฃย 

But here we areโ€ฆ

On the upside: Trump now has skin in the game, which means if he wins, itโ€™s in his interest to support the crypto industry outside of his re-election bid.

On the downside: If he loses, the US crypto industry could have an even larger target on its back, from political opponents looking to twist the proverbial knife and amplify Trumpโ€™s defeat.

But remember: Crypto will succeed no matter who wins.

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WHAT WILL BE THE 'MONEY' OF CRYPTO? ๐Ÿ’ฐ

Within the Bitcoin ecosystem $BTC is money. Within Ethereum, $ETH is moneyโ€ฆ

But as we see โ€˜wrappedโ€™ assets (e.g. $cbBTC = $BTC on Ethereum) spreading across ecosystems โ€“ could one asset become the dominant โ€˜moneyโ€™ of crypto?

Kyle Reidhead joins us on todayโ€™s episode of The Milk Road Show to shed light on this potentiality, covering:

  • Will $ETH remain a viable form of money over time?

  • Can $ETH face competition as money within its own ecosystem?

  • The bull and bear cases for L1 tokens as money in their ecosystems

Click below to catch the full episode! ๐Ÿ‘‡

YouTube | Spotify | Apple Podcasts

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BITE-SIZED COOKIES FOR THE ROAD ๐Ÿช

Hawaii, crypto just got easier with Transak - Along with partners like MetaMask and TrustWallet, Transak can now instantly convert fiat to 170+ tokens for Hawaiians who seek a gateway into Web3. *

MicroStrategy acquired 18,300 more Bitcoin, bringing its total holdings to 244,800 $BTC, now valued at $14 billion. This purchase was funded by stock sales and aligns with their long-term Bitcoin strategyโ€‹.

Sky is planning to offboard Wrapped Bitcoin due to concerns over Justin Sun's control in its restructuring. The decision will impact $73M in $WBTC collateral currently supporting $127M $DAIโ€‹.

Vitalik Buterin will only support Layer-2 networks that meet "Stage 1+" standards starting in 2025. This shift prioritizes security, decentralization, and fraud-proof systems for Ethereum scalingโ€‹.

Join forces with the Milk Man! Weโ€™re looking for a Twitter Specialist + Content Creator who can mix crypto knowledge with top-notch tweets. Think youโ€™re the one? Apply today and letโ€™s get this show on the road!

*this is sponsored content.

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MILKY MEMES ๐Ÿคฃ

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RATE TODAYโ€™S EDITION

ROADIE REVIEW OF THE DAY ๐Ÿฅ›

VITALIK PIC OF THE DAY

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

Milk Road

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