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Think back to Steve Jobs tinkering in his garage

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Thu, Apr 18, 2024 06:23 PM

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A crypto trade teardown and a big reason why I love crypto Dear Reader, I call it day one. And I bel

A crypto trade teardown and a big reason why I love crypto [Welcome to RiskHedge] Dear Reader, I call it day one. And I believe it's one of the most amazing things about crypto. Let me explain… Anyone with an internet connection could have bought bitcoin when it first came out. On day one. The same with Ethereum. It launched back in 2014 and did a public sale. You could have bought in for 30 cents back then. Today, it's trading for around $3,500. One of the things I love about crypto is that you can get in on the ground floor of multiple world-changing businesses. You don't get those kinds of opportunities in the stock market now. Just look at Uber or Airbnb. Those companies went public at $80–$100 billion valuations. With crypto, it's like you're investing in Steve Jobs back when he was tinkering away on the first Apple computer in his garage. In fact, exciting "ground floor" opportunities happen a few times a year in the crypto world. Maybe you're thinking, "Sounds great Stephen, but it's probably complicated to do those kinds of trades." That's a legitimate concern. So, I want to do a step-by-step teardown on a trade we recently did in my crypto advisory, RiskHedge Venture. Here's what you'd need to do today if this was the first time you ever bought a crypto. Step 1: Go to Coinbase and open an account. Step 2: Fund your account. You can do that via bank transfer (ACH) or international wire if you live outside the US. Step 3: For this trade, we told our members to buy the crypto RENDER (RNDR). So, you simply enter the name or crypto symbol in the "search assets" box on Coinbase. Without getting too deep in the weeds: The Render Network is a decentralized GPU rendering platform on the blockchain that enables distributed graphics processing. It's a real business helping to advance the next generation of rendering and AI technology. Step 4: Decide how much you want to invest... and pull the trigger on RENDER. Step 5: Congratulations! You are now a proud crypto asset owner. It would have been that easy and straightforward to get started. So, how'd that trade work out for our members? On March 14, 2024, RENDER was up 301% and we sent an alert telling members to take some profits off the table. As a useful rule of thumb: The more volatile an investment is, the quicker you should be to take some profits off the table. In this case, we didn't tell folks to sell their full positions. Only to take a "free ride" to recoup their initial investment while letting the rest ride risk-free. Admittedly, crypto can be confusing at times. But it's not particularly hard. Anyone with a little patience and an internet connection can do this. If you're ready to get started on your crypto journey, I'd love to welcome you to RiskHedge Venture. [You can learn more here](. As always, thank you for your support. Regards, Stephen McBride Chief Analyst, RiskHedge P.S. This is the best time to invest in crypto… thanks to the bitcoin halving happening tomorrow. It's a rare occasion and an instance when timing is a legitimate factor… not because I say so or another person or institution says so but due to the pre-programmed nature of the halving itself. Be informed and [get the details now](. Copyright © 2024 RiskHedge. All Rights Reserved RiskHedge | 1417 Sadler Road, PMB 415 | Fernandina Beach, FL 32034 [Click here to unsubscribe from our correspondence on The Halving and RiskHedge Venture.]( [Click here to manage your email preferences.](

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