This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $1200 worth. I really encourage you to check them out.I am also giving away $5000! All you have to do is subscribe to my YOUTUBE CHANNEL and click the contest link in the description below any video to enter.I hear it all the time, “Bitcoin is only for ____”Saving. Stacking. Spending. Trading. Collateral. Balancing. Privacy. Collecting. Interest. Hedging.Everyone has a different idea of what Bitcoin is for - that’s the beauty of Bitcoin. It’s versatile and multifunctional, a digital swiss army knife benefiting people around the world in unimaginable ways. Bitcoin is intended to revolutionize our global financial system - no single purpose listed above is sufficient. It may seem trivial to make this point, but there are two issues with the statement “Bitcoin is only for.” The first issue is that it’s limiting and minimizes the potential for mass adoption. It should be a common goal for all Bitcoiners to champion the many purposes it serves in every corner of the globe. I can’t help but think back to my interview with Ray Youssef from Paxful. He described first-hand accounts of mothers in Africa using Bitcoin to buy goods for their newborn babies. For them, Bitcoin holds its value better than the native currency of their country and is a superior form of money. This is one small example, but you get the point - it’s time to celebrate Bitcoin in the many ways it’s used around the world. The second issue I take with the statement “Bitcoin is only for” is more relevant to readers and traders.As Bitcoin appreciates in value and maximalists are growing in their conviction, there are more and more people saying, “Bitcoin is only for saving - never spend your Bitcoin.” This idea may be financially sound for that person, but it does not make sense for many. Taking profits should be celebrated rather than criticized. Not everyone has the privilege to never sell their stack or to take loans against it for the rest of their lives. This rhetoric is dangerous because it negates the very reason Bitcoin grew in the first place – freedom. Governments have always controlled the money. Some members of the Bitcoin community want to influence how we use our Bitcoin and limit its freedom. Furthermore, inexperienced bag holders that look up to people that say, “never spend or sell your Bitcoin” now run the risk of holding a bag through the next bear market rather than taking profit and securing themselves financially. Don’t fall victim to believing Bitcoin has one purpose. Do yourself and Bitcoin a favor by celebrating its versatility.You make sure YOU stay true to the reason YOU bought Bitcoin - Bitcoin is only for YOU.To my free members (I love you!) - paid members receive emails like this at 5 times a week - Monday through Friday. Every Wednesday I chart any request sent by my paid members, often over 30 or 40 charts. It’s a ridiculous amount of work, but I do my best to add real value to anyone who subscribes. If you would like to join the paid side, you can do so for $15 a month here.https://www.getrevue.co/profile/TheWolfDen/membersIn This Issue:Bitcoin Is Only For YouBitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsChart RequestsEvergrande 101Robinhood Crypto Wallet - Exclusive InterviewTom Brady Is Not A Top SignalDutch Football Team Adds Bitcoin To Balance SheetJP Morgan Says Institutions Want EtherThe Wolf Of All Streets Podcast Ft. Paolo ArdoinoMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
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The Wolf Den #335 - Saving. Stacking…
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This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $1200 worth. I really encourage you to check them out.I am also giving away $5000! All you have to do is subscribe to my YOUTUBE CHANNEL and click the contest link in the description below any video to enter.I hear it all the time, “Bitcoin is only for ____”Saving. Stacking. Spending. Trading. Collateral. Balancing. Privacy. Collecting. Interest. Hedging.Everyone has a different idea of what Bitcoin is for - that’s the beauty of Bitcoin. It’s versatile and multifunctional, a digital swiss army knife benefiting people around the world in unimaginable ways. Bitcoin is intended to revolutionize our global financial system - no single purpose listed above is sufficient. It may seem trivial to make this point, but there are two issues with the statement “Bitcoin is only for.” The first issue is that it’s limiting and minimizes the potential for mass adoption. It should be a common goal for all Bitcoiners to champion the many purposes it serves in every corner of the globe. I can’t help but think back to my interview with Ray Youssef from Paxful. He described first-hand accounts of mothers in Africa using Bitcoin to buy goods for their newborn babies. For them, Bitcoin holds its value better than the native currency of their country and is a superior form of money. This is one small example, but you get the point - it’s time to celebrate Bitcoin in the many ways it’s used around the world. The second issue I take with the statement “Bitcoin is only for” is more relevant to readers and traders.As Bitcoin appreciates in value and maximalists are growing in their conviction, there are more and more people saying, “Bitcoin is only for saving - never spend your Bitcoin.” This idea may be financially sound for that person, but it does not make sense for many. Taking profits should be celebrated rather than criticized. Not everyone has the privilege to never sell their stack or to take loans against it for the rest of their lives. This rhetoric is dangerous because it negates the very reason Bitcoin grew in the first place – freedom. Governments have always controlled the money. Some members of the Bitcoin community want to influence how we use our Bitcoin and limit its freedom. Furthermore, inexperienced bag holders that look up to people that say, “never spend or sell your Bitcoin” now run the risk of holding a bag through the next bear market rather than taking profit and securing themselves financially. Don’t fall victim to believing Bitcoin has one purpose. Do yourself and Bitcoin a favor by celebrating its versatility.You make sure YOU stay true to the reason YOU bought Bitcoin - Bitcoin is only for YOU.To my free members (I love you!) - paid members receive emails like this at 5 times a week - Monday through Friday. Every Wednesday I chart any request sent by my paid members, often over 30 or 40 charts. It’s a ridiculous amount of work, but I do my best to add real value to anyone who subscribes. If you would like to join the paid side, you can do so for $15 a month here.https://www.getrevue.co/profile/TheWolfDen/membersIn This Issue:Bitcoin Is Only For YouBitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsChart RequestsEvergrande 101Robinhood Crypto Wallet - Exclusive InterviewTom Brady Is Not A Top SignalDutch Football Team Adds Bitcoin To Balance SheetJP Morgan Says Institutions Want EtherThe Wolf Of All Streets Podcast Ft. Paolo ArdoinoMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO