7 tips and tricks to handle the bull market ð§ December 08, 2023 | [Read Online]( Todayâs edition is brought to you by [Harpie]( â the leading crypto security tool that protects your wallet from theft with always-on threat detection and real-time fund recovery. [Secure your wallet for free â]( GM. This is Milk Road, your daily crypto mixtape. Straight hits only. Itâs Friday. Letâs boogie: - 7 Rules of the Road (Bull Market Edition) ð - Robinhood is launching crypto trading in Europe ðª
[Prices as of 8:30 AM ET. Click here for our Fear & Greed Index]( 7 RULES OF THE ROAD ð Prices are up. The [Fear & Greed index]( has been âGreedyâ all week. My uncle Vince texted me last night asking about âdoggycoinâ. Weâre back, baby! So today, we figured itâd be a good idea to go over some Rules of the Road. Ok, letâs dive in. MILK ROAD RULE #1: Protect the bag, at all costs. It doesnât matter how much money you make if at the end of the day⦠you get hacked. Simple as that. So, you need to do everything you can to NOT let that happen. Here are a few tips: - Get a hardware wallet for your most valuable assets. - Create separate hot wallets to connect to sites, engage with dApps, etc. (DO NOT KEEP YOUR VALUABLE ASSETS IN YOUR HOT WALLETS)! - Double Quadruple check all links before you click âem. (If it smells phishy, it probably is). - Donât share your seed phrase. Donât even take a picture of it. Write it down and keep it somewhere safe. Hell, donât even tell people how much crypto you own. In the great words of [Biggie Smalls](⦠ðµâRule numbre uno, never let no one know How much dough you hold, 'cause you know The cheddar breed jealousy 'specially If that man f*cked up, get yo' ass stuck upâðµ Stay safe out there. MILK ROAD RULE #2: Donât FOMO blindly. FOMO = Fear Of Missing Out. And when prices are up, itâs everywhere.  You look to your right, your neighbor just became a millionaire from kittycatcoin. Look to your left, your friend just sold some digital squiggles for $25M. Suddenly the air around you goes from 78% nitrogen and 21% oxygen â 100% FOMOgen. But be careful; donât chase emotions. Sometimes the best move is⦠no move. So donât just âeat âcause youâre boredâ. Lions often wait days before they hunt their next target. And if the King of the Jungle does it, so can you. MILK ROAD RULE #3: There are no free lunches⦠but there are airdrops. One of the coolest parts about crypto is that, just by using products, you have the potential to make money through something called âairdropsâ. Basically, you can get paid for trying different products. And itâs presented a low risk / high return opportunity for those with smaller bankrolls. Just look at Jito. Itâs a DeFi platform on the Solana blockchain that lets you [stake SOL](. And yesterday, Jito airdropped about $225M worth of tokens to early users. - [10,000 wallets]( received between $10,000 - $200,000. - [This user]( got $150,000 from staking $390 across 15 different wallets (IQ move: 10,000). - [The top 10 wallets]( all received at least $225,000. Some people got $5,000 just for staking 1 SOL for a few weeks. Crazy, I know. The worst part is I heard about Jito a few weeks ago, and⦠I did nothing. (BRB while we go walk on Legos to ease the pain). The good news is airdrops happen all the time! And there are tools out there (like [DeFiLlama]() that help keep tabs on future ones. MILK ROAD RULE #4: Take profits, not screenshots. Some crypto investors remind me of my little sister⦠whenever weâd go out to eat bomb food, her phone always ate first! Donât be like my sister. (If youâre reading this, sorry Tiff). Take profits and celebrate the wins in your wallet. It matters more there than on Twitter. *static noise* We interrupt your regularly scheduled programming to bring you a quick word from our sponsor⦠[BILLIONS ($) IN CRYPTO IS STOLEN EVERY YEAR]( The future of finance shouldnât feel unsafe, but with billions ($) in crypto stolen every year the threat of losing your assets to increasingly advanced attacks makes crypto theft the #1 concern amongst new and experienced users alike. [Harpie]( is on a mission to make crypto more secure. With the most advanced on-chain security solution for monitoring and protecting your crypto wallet in real time, Harpie works around the clock to detect, block, and recover stolen assets from malicious transactions before they execute. Backed by trusted names like Coinbase and OpenSea, Harpie is the security solution you need to safeguard your wallet and protect your crypto from becoming a part of the billions ($) lost to theft every year. And best of all? Harpie is free. [Yes, free. Try Harpie today â]( *static noise* And now back to your regularly scheduled programming⦠MILK ROAD RULE #5: Donât marry all your bags. Sure, thereâs always gonna be a cryptocurrency that you love more than the rest. (If this was the finale of The Bachelor, that token would be ð¹the oneð¹). But donât end up marrying all your bags. Date around. Try out new tokenshipsâ¢. Some will last weeks or months. Others will be one-night stands. MILK ROAD RULE #6: Know when to HODL, know when to fold. Treat crypto like a game of poker: - Treat every move like a calculated risk. - Sometimes you get a sh*tty hand and itâs better to cut your losses. A sh*tty hand in crypto = unexpected hack, regulatory enforcement, etc. - You canât go all-in, all the time. - Preserve your chips. Remember: thereâs always another hand, but once you run out of chips you go from player â spectator. You wonât always hit, but stay around long enough and eventually see Pocket Aces. MILK ROAD RULE #7: Celebrate gains, but prepare for the rain. It isnât always gonna be sunshine and rainbows - even in a bull market. There will be drawbacks. There will be 50% crashes. The bear is always lurking in the shadows. Plan accordingly and always have cash ready to deploy. In crypto, liquidity is king. Alright - Iâm 3 glasses of milk deep and Iâve got to stop before my editor unplugs the computer. For all the OGs ready to experience another bull run, may this one be better than the last. For all the rookies, welcome to the party! Letâs learn some sh*t, make some money, and laugh at the stumbles as this thing grows up and goes mainstream. Until then, stay thirsty. -The Milk Man BITE-SIZED COOKIES ðª [Robinhood is launching âcommission-free crypto tradingâ in Europe starting next week](. Users will have access to more than 25 cryptocurrencies, including BTC, ETH, SOL, and more. [The U.S. Securities and Exchange Commission (SEC) is working with asset managers to hammer out âkey technical detailsâ for a spot Bitcoin ETF approval](. Another step closer⦠[Tensor has overtaken Magic Eden as the #1 Solana NFT marketplace](. Tensor launched less than 12 months ago and already has ~60% of Solanaâs NFT trading market share. Ok, rookie! We see you⦠[Sothebyâs is auctioning off its first Bitcoin Ordinals project](. The collection is from the BitcoinShrooms project and will be available to bid on until Dec. 13. [Do Kwon is being extradited to the United States](. Kwon is facing criminal fraud charges after Terraâs $40B collapse last year. Weâll cheers to that ð¥ [Block opened up pre-orders for its new self-custody Bitcoin wallet](. The company's new self-custody wallet consists of an app, hardware device, and recovery tools. MILKY MEMES 𤣠[tw profile: Autism Capital ð§©] Autism Capital 𧩠@AutismCapital [tw] Shhhh just sleep Dec 5, 2023 853 Likes 90 Retweets 18 Replies [tw profile: Alan Carroll] Alan Carroll @alancarroII [tw] Crypto influencers 20 minutes after arriving in Miami Dec 6, 2023 183 Likes 9 Retweets 27 Replies RATE TODAYâS EDITION What'd you think of today's edition? - [ð¥ð¥ð¥ð¥ð¥ F**king great](
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