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đź’Ž The secret to 32,651% + returns đź‘€

PLUS: Wallet Wednesday & Hong Kong's new stance

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GM everyone. This is 2036, the crypto newsletter that pays you đź’¸

Ten years ago this week, bitcoin reached an all-time high of $266.

A week later, it was down -88%.

Some people ended up making a fortune. Others lost everything.

What was their secret, and how can you replicate it?

That’s what we’ll uncover in today’s Wallet Wednesday.

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On February 28, 2013, bitcoin regained its all-time high and closed the day at $32.

Investors were over the moon. Over the previous two years, bitcoin had been down as much as -90%.

it took 2 years for bitcoin to go from $29 to $32

But following its’ new all-time high, bitcoin rose another 800% in just six weeks.

On April 10th, bitcoin reached an all-time high of $266.

But then the biggest exchange in the world at the time - Mt. Gox - announced they were closing for a “cool down.”

The market panicked.

And in just a week, bitcoin lost 81% of its value. 

It slumped back down to $50.

Naturally, everyone in the media agreed: bitcoin was a stupid bubble that died right before their eyes.

Of course, we know how that turned out.

Since its crash in April 2013, bitcoin is up 32,651%.

Stocks are up 158%. And gold is up just 34% since then.

There’s a lot we can learn from this. But here at what we believe are two of the most important takeaways:

1/ “Experts” don’t know anything

The role of the media is to make every problem your problem.

They need you paranoid and scared, so you’ll come back and click for more.

To do that, they bring in “experts” with zero actual understanding of the problems at hand (technology, crypto, COVID, or whatever the topic du jour).

Like Paul Krugman, a Nobel-price winning economist who’s a regular in the news:

Great prediction, Paul

Here’s his latest take on AI, btw:

But Paul’s not alone.

The mainstream media will drag in “experts” from anywhere to confirm a narrative in which they have a vested interest.

These are just some of the latest headlines from earlier this year:

 

Our take: ignore the noise.

2/ Time is your friend. Use it.

To secret to 32,000%+ returns is to just hold.

To ignore the noise and let time do its thing. It’s unsexy, but it works.

The best investment strategy over the last decade was to buy bitcoin and go on vacation.

If you did that, you beat virtually every single professional money manager on the planet.

You may think those days are over. But we’re just getting started.

Now, more than ever, there’s a need for a decentralized store of value outside the purview of centralized governments, available to anyone with an Internet connection.

And that’s just bitcoin.

Ethereum is a digital economy like the US - with banks (DeFi), infrastructure (layer 2s), property (NFTs) and decentralized companies (DAOs).

And it’s not going away - on the contrary. It’s growing faster than ever.

Today is a huge day for Ethereum. It’s the day it starts becoming an easily tradable crypto-bond.

So yes, there’s volatility. But those with the stomach to live with it do extraordinarily well.

Year to date, bitcoin is up 80%.

And since the depth of COVID despair - when it lost nearly 50% in a day - bitcoin is up close to 600%.

the lines you can hardly see moving are stocks, gold and US treasuries

So sit back, relax, and hold.

And that’s what we’ll pay you to do today.

💎 We wrote a report on the top buys, sells and holdings of crypto wallets worth between $1.5 and $32 million. Refer 1 friend using this link and we’ll send over the report.

📝 Task

Earn $35 in BTC for opening a bitcoin wallet

Today’s task is simple: open a bitcoin wallet and send us your address to enter a raffle to win $35 in BTC (bitcoin).

And if you already have a wallet, you can submit that too.

If you’re looking for wallet recommendations, here are the best options out there:

(Btw, we have no affiliation with any of the companies above. We fly solo, like Han Solo)

Step 1: Create a bitcoin wallet if you don’t already have one

Step 2: Send us your public BTC wallet address by filling out this form

Just like last Friday, we’ll tally all the participants in a google sheet and mathematically choose a winner at random who’ll receive $35 in BTC.

For transparency, the sheet will be viewable by all and sent out to you in Friday’s email.

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Send this email to 1 friend and receive the top buys, sells and holdings of crypto wallets worth between $1.5 and $32 million. Use this link