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    Milk Road 2024 Bull Run Survival Guide

    Uploaded by

    Thiru arasu
    This document provides an overview of the Milk Road's Bull Run Survival Guide to help investors prepare for an anticipated crypto bull run in 2024. It outlines several factors that could contribute to the bull run, including interest rate cuts, bitcoin halving events, and a US presidential election year. The guide then provides steps for getting started, including setting up a wallet, choosing a portfolio, using dollar cost averaging, setting an exit plan, and finding reliable information sources. It also lists recommended Twitter accounts and newsletters to follow and free tools to use. Other ways to invest such as bitcoin mining stocks and ETFs are presented. The conclusion encourages following Milk Road's daily coverage for ongoing assistance.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Milk Road 2024 Bull Run Survival Guide

    Uploaded by

    Thiru arasu
    86 views21 pages
    This document provides an overview of the Milk Road's Bull Run Survival Guide to help investors prepare for an anticipated crypto bull run in 2024. It outlines several factors that could contribute to the bull run, including interest rate cuts, bitcoin halving events, and a US presidential election year. The guide then provides steps for getting started, including setting up a wallet, choosing a portfolio, using dollar cost averaging, setting an exit plan, and finding reliable information sources. It also lists recommended Twitter accounts and newsletters to follow and free tools to use. Other ways to invest such as bitcoin mining stocks and ETFs are presented. The conclusion encourages following Milk Road's daily coverage for ongoing assistance.

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    This document provides an overview of the Milk Road's Bull Run Survival Guide to help investors prepare for an anticipated crypto bull run in 2024. It outlines several factors that could contribute to the bull run, including interest rate cuts, bitcoin halving events, and a US presidential election year. The guide then provides steps for getting started, including setting up a wallet, choosing a portfolio, using dollar cost averaging, setting an exit plan, and finding reliable information sources. It also lists recommended Twitter accounts and newsletters to follow and free tools to use. Other ways to invest such as bitcoin mining stocks and ETFs are presented. The conclusion encourages following Milk Road's daily coverage for ongoing assistance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    86 views21 pages

    Milk Road 2024 Bull Run Survival Guide

    Uploaded by

    Thiru arasu
    This document provides an overview of the Milk Road's Bull Run Survival Guide to help investors prepare for an anticipated crypto bull run in 2024. It outlines several factors that could contribute to the bull run, including interest rate cuts, bitcoin halving events, and a US presidential election year. The guide then provides steps for getting started, including setting up a wallet, choosing a portfolio, using dollar cost averaging, setting an exit plan, and finding reliable information sources. It also lists recommended Twitter accounts and newsletters to follow and free tools to use. Other ways to invest such as bitcoin mining stocks and ETFs are presented. The conclusion encourages following Milk Road's daily coverage for ongoing assistance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 21

    Milk Road’s Bull Run Survival Guide

    Bitcoin (BTC) has been the top performing major asset of 2023

    Even with BTC up 150%+ in 2023, no one is really talking about crypto…
    Bitcoin still has a lot of room to grow…

    Bitcoin is still down ~60% from it's all-time high in


    2021

    Gold’s market cap is currently 16x that of Bitcoin


    Compared to other assets, Bitcoin looks even smaller:
    Why 2024 is shaping up to be a good year for crypto

    Interest Rate Cuts: The fed plans to cut interest rates several times
    next year, which generally results in riskier asset investments

    BTC Halving: This event cuts the rewards from Bitcoin mining in half
    every 4 years, lowering supply emissions

    Presidential Year: In addition to presidential years being historically


    bullish, this could bring a change in regulatory clarity and outlook
    And many people think that BTC can benefit from their recent ETF
    approvals just like gold:
    So… how can you take advantage of the market
    opportunity?

    Introducing Milk Road’s Bull Run Survival Guide!


    Getting Started: Setting Up a Wallet

    The first step to beginning your crypto journey is to set up a wallet.

    Wallets allows users to take full control of their digital assets and are
    the main touchpoint for crypto participants.

    For those new to the space, we prepared a full guide on getting


    started with a wallet here!
    Getting Started: Choosing a Portfolio

    No two investors are alike, as every person has their own investment
    goals, risk tolerance, and interests.

    In addition to determining the allocation of your digital assets, it is


    also important to think about how your cryptos tie into your overall
    investment portfolio.

    For those that want to “set it and forget it”, check out our guide on
    crypto indices.
    Getting Started: Dollar Cost Averaging

    Dollar-cost averaging is the strategy of regularly investing a fixed


    amount of money into crypto, regardless of daily price
    fluctuations or volatility.

    Instead of going all in, this strategy allows long-term investors to


    ease into the market. And the results can be shocking…

    Picture this: 2 investors invest $3,000 into Bitcoin (BTC):


    Getting Started: Dollar Cost Averaging

    Investor 1: Goes all in on Bitcoin halfway through the last bull run
    (30 months ago).

    Current Value: $2,950

    Investor 2: Invests $100 into Bitcoin for 30 months in a row,


    starting on the same date as investor 1.

    Current Value: $4,450

    *Data of as year-end 2023


    Getting Started: Setting an Exit Plan

    When you invest in any asset, you should always know the
    answer to:

    ● When will I sell and take profits if this plays out?

    ● At one point will I reevaluate my thesis?

    ● What factors/events could change my initial reasoning?


    Getting Started: Finding Information

    Once you’re set up, you need to ensure you are taking in the right
    information.

    In the next slides we highlight our favorite X (Twitter) accounts to


    follow and newsletters to read.

    It is important to take everything with a grain of salt, and observe


    opinions from both sides.
    Recommended Follows (Twitter)

    ● @WatcherGuru - Breaking news and big stories


    ● @blknoiz06 - General insights and Solana ecosystem coverage
    ● @Pentosh1 - Life and investing wisdom
    ● @OlimpioCrypto - Insights on airdrops and upcoming project
    ● @thedefiedge - DeFi wisdom, insights, and research
    ● @alpha_pls - Project research, investing lessons, and helpful guides
    ● @BTC_Archive - News, commentary, and insights covering crypto
    ● @milesdeutscher - Project research and deep dives, airdrop insights
    ● @Dynamo_Patrick - DeFi project research and helpful walkthroughs
    ● @TaikiMaeda2 - DeFi deep dives, yield farming guides and opportunities
    Recommended Follows (Newsletters)

    ● Milk Road - Daily crypto news in 5 minutes with a splash of milkiness


    ● Blockworks - Daily analogies from traditional finance
    ○ Blockworks Research - DeFi focused daily sendout
    ● The DeFi Edge - Weekly DeFi news and insights
    ● Alpha-packed News - Daily news and airdrop alpha
    ● Dynamo DeFi - Weekly DeFi insights and project highlights
    ● Alpha Please - 5 best crypto tweets of the week
    ● Blocmates - Bi-weekly news and insights
    ● DeFi Rate - Weekly actionable insights in DeFi
    Helpful (and free!) tools and resources

    Etherscan - Blockchain explorer showing every transaction that has


    ever happened, as well as all transaction details in real-time

    DeFiLlama - Comprehensive platform displaying all kinds of


    blockchain data and insights, from value locked in protocols to fees
    generated

    Dune Analytics - Easy to understand dashboards that simplify large


    amounts of data and help display crypto trends
    Helpful (and free!) tools and resources
    WalletGuard - Browser extension that protects your wallet from scams and
    phishing links

    ETH Gas Checker - Real-time tracker showing you the congestion of


    Ethereum and the most affordable times to transact

    TradingView - Customizable charts and indicators to track asset prices

    Read about how to utilize all of these in Milk Road’s very own On-chain
    Toolkit!
    Other Ways to Invest in Crypto

    In addition to investing in tokens, there are several ways that you can
    gain exposure to crypto through the stock market:

    ● Coinbase ($COIN) - Coinbase is one of the largest and


    longest-standing crypto exchanges that is now immersing itself in
    every area of the industry: custody, institutional demand, their own
    layer 2, etc.
    Other Ways to Invest in Crypto

    ● Bitcoin Miners - Bitcoin miners are the ones who verify


    transactions on the network and generate fees, with several miners
    being publicly traded (we are currently watching $MARA, $RIOT,
    and $CLSK)

    ● Bitcoin Spot ETFs - ETFs allow investors to gain exposure to


    Bitcoin, all through the comfort of your brokerage account
    The best way to prepare for the bull run?

    Follow Milk Road’s journey!

    ● Daily crypto news in less than 5 minutes!


    ● Walk-through guides covering using the blockchain
    ● Helpful tools, resources, and product reviews on our site
    ● Write ups covering daily breaking news
    ● Assistance when it comes to tax season
    ● And much, much more to come!
    The information presented is not intended to be financial
    advice.

    All viewers are responsible for conducting their own research


    and making their own decisions. Milk Road is not liable for
    any financial decisions made based on the information
    provided.

    Stay thirsty, my friends.

    - The Milk Man

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