This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. They are offering up to a $1200 bonus for depositing this month! Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COThere are a number of ways to gain exposure to Bitcoin - something for everyone, so to speak. We all have friends and family members who are afraid to buy actual Bitcoin and custody it themselves.I just released a blog discussing the 6 major ways I believe someone can gain exposure to Bitcoin, along with the pros and cons of each. Below is a snippet. “What’s half of the battle of becoming a responsible Bitcoin owner? Putting in the appropriate time and effort to understand this revolutionary asset and build conviction in your position. Less discussed is the multitude of distinct ways an investor can gain exposure to bitcoin. Each method offers its own set of advantages, of course. Hardcore Bitcoiners recommend managing your private keys in cold storage. Legacy investors, on the other hand, swear GBTC is the ideal way to gain exposure. Beyond these two options, there are a number of other opportunities to gain indirect exposure to the asset to best fit an individual’s unique investing needs. Let’s break down all the ways to theoretically “own” or be “exposed” to the asset, along with their pros and cons.”Bitcoin - Purest form, offers true ownership at cost of responsible storageRetail apps (Cashapp, Venmo…) - Simple to use, adds centralized risksGBTC - Professional custody service, trades at a premium or discountBitcoin On The Balance Sheet - Increased volatility, institutions can investMining Companies - Infrastructure play / leveraged position, more risk/rewardDerivatives - Synthetic exposure, risky for retail, necessary for institutionsEach of the 6 categories covered in the blog includes a holistic, in-depth analysis. Serious Bitcoin investors and newbies alike should take the time to learn the different opportunities to find out what type of exposure best fits their needs. Buying spot Bitcoin is the most popular, but it doesn’t make sense for everyone. That's why I wrote this blog.https://www.thewolfofallstreets.io/bitcoin-exposure-101/Chart Request Live Stream at 1:30 PM EDT, a HALF HOUR EARLIER THAN USUAL BECAUSE OF ELON MUSK AND JACK DORSEY'S LIVE STREAM AT 2 PM. Please follow the rules. I cannot take requests at any other time, so if you send them during a different window they may not get charted. Remember, no more email requests.1 chart per person, per weekSubmit your request between now and 1 PM EST.You can only submit your request through the link below.If it is not on TradingView, there is a chance I will not able to chart it.I can not guarantee I will do your chart, I will do my best.Chart Request FormStream link: https://www.youtube.com/watch?v=z3KjfDaOop4If you are a new member, please refer to Issue 236 (you can click on it here - https://www.getrevue.co/profile/TheWolfDen/issues/the-wolf-den-236-think-like-a-whale-592727) for instructions on how to make my charts your own.In This Issue:Gaining ExposureWe Survived The GBTC Unlock - IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsFTX Valued At 18BCoinbase Hit With Dog Themed LawsuitBNY Mellon And State Street Back Crypto ExchangeARK Invest Is Buying GBTCMy Recommended Platforms And Tools
The Wolf Den #290 - Gaining Exposure
The Wolf Den #290 - Gaining Exposure
The Wolf Den #290 - Gaining Exposure
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. They are offering up to a $1200 bonus for depositing this month! Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COThere are a number of ways to gain exposure to Bitcoin - something for everyone, so to speak. We all have friends and family members who are afraid to buy actual Bitcoin and custody it themselves.I just released a blog discussing the 6 major ways I believe someone can gain exposure to Bitcoin, along with the pros and cons of each. Below is a snippet. “What’s half of the battle of becoming a responsible Bitcoin owner? Putting in the appropriate time and effort to understand this revolutionary asset and build conviction in your position. Less discussed is the multitude of distinct ways an investor can gain exposure to bitcoin. Each method offers its own set of advantages, of course. Hardcore Bitcoiners recommend managing your private keys in cold storage. Legacy investors, on the other hand, swear GBTC is the ideal way to gain exposure. Beyond these two options, there are a number of other opportunities to gain indirect exposure to the asset to best fit an individual’s unique investing needs. Let’s break down all the ways to theoretically “own” or be “exposed” to the asset, along with their pros and cons.”Bitcoin - Purest form, offers true ownership at cost of responsible storageRetail apps (Cashapp, Venmo…) - Simple to use, adds centralized risksGBTC - Professional custody service, trades at a premium or discountBitcoin On The Balance Sheet - Increased volatility, institutions can investMining Companies - Infrastructure play / leveraged position, more risk/rewardDerivatives - Synthetic exposure, risky for retail, necessary for institutionsEach of the 6 categories covered in the blog includes a holistic, in-depth analysis. Serious Bitcoin investors and newbies alike should take the time to learn the different opportunities to find out what type of exposure best fits their needs. Buying spot Bitcoin is the most popular, but it doesn’t make sense for everyone. That's why I wrote this blog.https://www.thewolfofallstreets.io/bitcoin-exposure-101/Chart Request Live Stream at 1:30 PM EDT, a HALF HOUR EARLIER THAN USUAL BECAUSE OF ELON MUSK AND JACK DORSEY'S LIVE STREAM AT 2 PM. Please follow the rules. I cannot take requests at any other time, so if you send them during a different window they may not get charted. Remember, no more email requests.1 chart per person, per weekSubmit your request between now and 1 PM EST.You can only submit your request through the link below.If it is not on TradingView, there is a chance I will not able to chart it.I can not guarantee I will do your chart, I will do my best.Chart Request FormStream link: https://www.youtube.com/watch?v=z3KjfDaOop4If you are a new member, please refer to Issue 236 (you can click on it here - https://www.getrevue.co/profile/TheWolfDen/issues/the-wolf-den-236-think-like-a-whale-592727) for instructions on how to make my charts your own.In This Issue:Gaining ExposureWe Survived The GBTC Unlock - IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsFTX Valued At 18BCoinbase Hit With Dog Themed LawsuitBNY Mellon And State Street Back Crypto ExchangeARK Invest Is Buying GBTCMy Recommended Platforms And Tools