This newsletter is sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out - you know that I never endorse a product that I do not use!Note: I have moved the charts back to the top of the newsletter. I have had a number of complaints about them being at the bottom and gmail truncating the emails. You can always click the link gmail provides to read the entire email.Today I released my podcast conversation with Michael Saylor, newly minted Bitcoin legend and CEO of MicroStrategy. Michael's rise to prominence in the crypto space was the result of singular decision - to invest a huge portion of MicroStrategy's cash reserves in Bitcoin. The purchase was 400M, which has skyrocketed in value since. The gravity of this decision will be felt for years to come. I doubt that many people understand how brave Michael was, and how important of a moment this represented for the Bitcoin community.On our podcast, he also divulged that he had bought over 200M worth of Bitcoin with his own money, to show MicroStrategy that he was taking the same risk that he was asking of them. He somehow convinced lawyers, shareholders and the board to buy a half of a billion dollars in Bitcoin. It's truly astounding.I urge all of you who care about Bitcoin, who truly believe that our passion is warranted and are convinced that we can change to the world to listen to this conversation. We spoke for nearly 80 minutes on camera (and 30 more minutes off), and I said very few words. This is THE CASE FOR BITCOIN, laid out in a simple talk with a man who's power and influence can help move the needle in a meaningful way.You can watch it here: https://www.youtube.com/watch?v=TLzloC1HvFkYou can listen here: https://www.thewolfofallstreets.io/podcast/On a side note, as predicted, we are still awaiting results of the US Election. No surprises here. My thoughts from Tuesday stand.A general note - whenever I draw a line on a chart, it should be viewed as elastic and not static. It is more of a zone. So the areas around those lines are usually more accurate. Further, I try to use multiple techniques and indicators on various charts, so if you are learning TA, you should read through all of these to see how I blindly look at a chart.If you are a new member, please refer to Issue 10 (you can click on it here - https://www.getrevue.co/profile/TheWolfDen/issues/the-wolf-den-crypto-newsletter-issue-10-219754 and have it sent to you) for instructions on how to make my charts your own.IMPORTANT - I will only accept requests on Wednesdays, between 8 AM and 1 PM EST. That will make sure that they are your most pressing requests. Please mark it in your calendar and email me by responding to this email! Also mark that I will chart them LIVE ON YOUTUBE at 2PM EST EVERY WEDNESDAY!What’s In This Issue?Bitcoin Thoughts And AnalysisAltcoin ThoughtsNoise Bottleneck 101ETH 2.0 Development, Staking Has BegunCrypto Derivatives Exchange FTX Was One of Joe Biden’s Top Contributors2 Pro Crypto Politicians Won Their RacesFancy Bitcoin WhitepaperPhemex Crypto TalkThe Wolf Of All Streets Podcast Ft. Michael SaylorChart RequestsMy Recommended Platforms And Tools
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The Wolf Den #111 - Michael Saylor's Bullish…
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This newsletter is sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out - you know that I never endorse a product that I do not use!Note: I have moved the charts back to the top of the newsletter. I have had a number of complaints about them being at the bottom and gmail truncating the emails. You can always click the link gmail provides to read the entire email.Today I released my podcast conversation with Michael Saylor, newly minted Bitcoin legend and CEO of MicroStrategy. Michael's rise to prominence in the crypto space was the result of singular decision - to invest a huge portion of MicroStrategy's cash reserves in Bitcoin. The purchase was 400M, which has skyrocketed in value since. The gravity of this decision will be felt for years to come. I doubt that many people understand how brave Michael was, and how important of a moment this represented for the Bitcoin community.On our podcast, he also divulged that he had bought over 200M worth of Bitcoin with his own money, to show MicroStrategy that he was taking the same risk that he was asking of them. He somehow convinced lawyers, shareholders and the board to buy a half of a billion dollars in Bitcoin. It's truly astounding.I urge all of you who care about Bitcoin, who truly believe that our passion is warranted and are convinced that we can change to the world to listen to this conversation. We spoke for nearly 80 minutes on camera (and 30 more minutes off), and I said very few words. This is THE CASE FOR BITCOIN, laid out in a simple talk with a man who's power and influence can help move the needle in a meaningful way.You can watch it here: https://www.youtube.com/watch?v=TLzloC1HvFkYou can listen here: https://www.thewolfofallstreets.io/podcast/On a side note, as predicted, we are still awaiting results of the US Election. No surprises here. My thoughts from Tuesday stand.A general note - whenever I draw a line on a chart, it should be viewed as elastic and not static. It is more of a zone. So the areas around those lines are usually more accurate. Further, I try to use multiple techniques and indicators on various charts, so if you are learning TA, you should read through all of these to see how I blindly look at a chart.If you are a new member, please refer to Issue 10 (you can click on it here - https://www.getrevue.co/profile/TheWolfDen/issues/the-wolf-den-crypto-newsletter-issue-10-219754 and have it sent to you) for instructions on how to make my charts your own.IMPORTANT - I will only accept requests on Wednesdays, between 8 AM and 1 PM EST. That will make sure that they are your most pressing requests. Please mark it in your calendar and email me by responding to this email! Also mark that I will chart them LIVE ON YOUTUBE at 2PM EST EVERY WEDNESDAY!What’s In This Issue?Bitcoin Thoughts And AnalysisAltcoin ThoughtsNoise Bottleneck 101ETH 2.0 Development, Staking Has BegunCrypto Derivatives Exchange FTX Was One of Joe Biden’s Top Contributors2 Pro Crypto Politicians Won Their RacesFancy Bitcoin WhitepaperPhemex Crypto TalkThe Wolf Of All Streets Podcast Ft. Michael SaylorChart RequestsMy Recommended Platforms And Tools