The Blueprint to Making a Fortune in Crypto: September 13, 2024 | [Listen Online]( | [Read Online]( [Teeka Tiwari]( [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20The%20Digital%20Asset%20Daily&body=The%20Only%20Law%20You%20Need%20to%20Know%20to%20Make%20a%20Fortune%20in%20Crypto%3A%20The%20Blueprint%20to%20Making%20a%20Fortune%20in%20Crypto%3A%0A%0Ahttps%3A%2F%2Ftiwariresearchgroup.com%2Fp%2Flaw-need-know-make-fortune-crypto) The Only Law You Need to Know to Make a Fortune in Crypto One of the most important rules Iâve learned over my over three decades of covering the markets is this: When it comes to investing in new technologies, usage drives value. This is the basic premise of Metcalfeâs Law⦠If youâre not familiar with Metcalfeâs Law, it states that the bigger the network of users, the greater the value of the network. Think of it this way: Thereâs no value in a telephone network if only one person has a phone. If a second person gets a phone, the network becomes a little bit more valuable. But if everyone has a phone, the network becomes extremely valuable. Thatâs when Metcalfeâs Law really kicks in⦠Itâs like a barrel of TNT⦠on top of a crate of nitroglycerin⦠on top of 100 tons of weapons-grade plutonium⦠exploding value higher and higher. Take bitcoin, for example. To hold bitcoin, you need a bitcoin wallet. So tracking the number of bitcoin wallets each year gives us insight into the networkâs adoption rate. In 2011, there were roughly 65,000 wallets on the network holding bitcoin. At the time, you could purchase BTC for $0.30. Today, there are 53 million wallets. And a single bitcoin will cost you over $57,800. Thatâs a 192,665% increase in value in 13 years â which would turn every $1,000 into $193 million. The same thing happened with Ethereum. Take a look. It emerged as a next generation blockchain with the capability to build smart contract applications on top of it. As Ethereum added more apps, more users flocked to it. Like bitcoin, to use the Ethereum network you need a wallet. The chart below shows the increase in the number of Ethereum wallets on the network. As usage exploded, so did the price of ETH. It went from $0.93 in 2016 to over $2,300 today. Thatâs a 247,129% increase in eight years â which would turn every $1,000 into $2.5 million. The bottom line is this: More usage equals more value. And we just got additional evidence of bitcoin accruing more value from the network effect⦠Earlier this week, blockchain research firm Kaiko released its quarterly report on the state of the crypto market. Below are the key findings: The bitcoin market reached unprecedented activity in the first eight months of 2024, surpassing the record notional trading volume seen during the bull market of 2021. The cumulative trading volume or the dollar value of the number of BTC bought and sold on centralized exchanges amounted to $2.874 trillion in the first eight months [of the year]. That's nearly 20% higher than the volume of $2.424 trillion registered in the first eight months of 2021 and the highest since 2012. Kaiko Research This is another form of usage bitcoin investors should be paying close attention to... Thatâs because as bitcoin ETFs swallow up more and more bitcoin, bitcoin wallets wonât be as useful at tracking adoption and usage as they were in the past. The number of bitcoin held in ETFs and the overall trading volume of bitcoin are important markers of adoption and usage my team are paying close attention to. As Iâve been saying since 2017, bitcoinâs aggregate value wonât get to that of the gold market (approximately $14 trillion) without the involvement of traditional finance. Thatâs why at Tiwari Research Group. weâre paying enormous attention to the adoption of bitcoin among traditional finance firms. Retail investors drove the first phase of mass adoption. This time around, itâs Wall Street. Let me be clear: Traditional Wall Street firms are adopting bitcoin as a bona fide traditional asset. [As I wrote in Wednesdayâs]([Digital Asset Daily]([:]( The largest money manager in the world, BlackRock, is all-in on bitcoin and Ethereum. The largest private wealth manager in America, Morgan Stanley, has given its 15,000 brokers permission to offer bitcoin ETFs to their clients. [And] Massive U.S. pension funds, like the one run by the state of Wisconsin, are committing hundreds of millions of dollars to bitcoin. [Digital Asset Daily]( Friends, the blueprint to making a fortune in crypto: Just follow usage and adoption. Thatâs what drives value in the crypto space. That's why I said earlier that the key is to position yourself now before usage goes up â before trillions of dollars in capital start to flow into this space and trigger a melt up. Hereâs why Iâm telling you this now⦠My team is very good at finding projects that see an explosion in usage. Weâve done it many times. Since 2016, weâve recommended 27 cryptos that have given our readers the opportunity to see gains of over 1,000%. I wonât give away our secrets here. But I will tell you this⦠A Never Seen Before Event Thereâs an unprecedented phenomenon happening that will remake the crypto space forever. Weâve never seen this event before. Some folks know bits and pieces about it. But no one has put the pieces together. What I can tell you is that this phenomenon will unlock Metcalfe's Law for a tiny subsector of the crypto sphere. We saw something like that take place with Facebook. When the number of users went from 100 million in 2012 to 2.9 billion in 2021. As usage spiked the market value of Facebook went from $15 billion to $800 billion. Thatâs a 5,233% increase. Weâll see something similar play out in this tiny subsector of crypto. (And no, these are not meme coins.) Iâm finishing up my research on this phenomenon and will pull back the curtain on my findings soon. Hit âreplyâ to this email and let me know if you'd like to hear about it first. Our research is telling us it could utterly remake the leading names in the crypto markets, creating havoc and panic for the poorly positionedâ¦. And the opportunity to secure a vast fortune for those folks correctly positioned. So please let me know if youâd like to be among the first to hear about this upcoming phenomenon by hitting âreplyâ to this email. And remember, to make a fortune in crypto, you just need to know one simple law: Usage drives value. Let the Game Come to You! Big T Share The Digital Asset Daily You currently have 0 referrals. 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