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 $3600 worth. Know The Value Of Your DollarWe all know that our dollars are losing value, which is largely the reason that we have opted into cryptocurrency and out of the fiat system. Dollars have always been a losing play and will continue to be devalued, so why are they useful for investors and traders? If you have been with me for a while, you know that I preach to be an investor first and a trader second. Most of the time, I limit my trading portfolio to 15% of my overall capital, with 70% being investments (BTC, ETH, select alt investments or leftover moon bags from good trades) and 15% being in cash (USDC earning interest on Voyager).Why have dollars or USDC in your portfolio?Dollars become significantly more valuable as a hedge when other assets drop, increasing their relative value and buying power. Looking at dollars from a short-term perspective, when the market incorrectly prices a house, stock, or cryptocurrency, the value of your dollar shoots up assuming you use it to buy the dip. In these scenarios dollars are perfect; they hold their short-term value, are easy to come by, and lack volatility. If you use your dollars correctly, their potential for improving your portfolio rises exponentially. Anytime Bitcoin drops, the dollars in your portfolio help INCREASE the overall Bitcoin value of your portfolio - or at least hedge significantly against the downside. Dollars behave like altcoins or any other asset/BTC pair. If you are looking to stack sats, having dollars specifically as an asset in your portfolio (not in another account) is a must.If you have properly balanced your assets, a beaten-down coin is only as good as the dollars you can rotate into it. If you are all in Bitcoin because you believe in its long-term potential, then you have zero flexibility or ability to add on dips. If you only have Bitcoin, it may not be so easy to put that money to work for you when you want to rotate into a different asset that is on sale.This is why I always say, “cash is king” and recommend keeping at least 15% in cash at all times. The dollar may be “trash” and losing value over the long term, but understanding its value can help you increase your Bitcoin stack.And that’s something we all want.In This Issue:Know The Value Of Your DollarWhat's Going On With Cardano? IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsMore Clarity Is Coming On StablecoinsBig Tech Fails, AgainBitcoin 2022 Is NearingCryptoland Comes To Vice NewsMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
The Wolf Den #452 - Know The Value Of Your Dollar
The Wolf Den #452 - Know The Value Of Your…
The Wolf Den #452 - Know The Value Of Your Dollar
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 $3600 worth. Know The Value Of Your DollarWe all know that our dollars are losing value, which is largely the reason that we have opted into cryptocurrency and out of the fiat system. Dollars have always been a losing play and will continue to be devalued, so why are they useful for investors and traders? If you have been with me for a while, you know that I preach to be an investor first and a trader second. Most of the time, I limit my trading portfolio to 15% of my overall capital, with 70% being investments (BTC, ETH, select alt investments or leftover moon bags from good trades) and 15% being in cash (USDC earning interest on Voyager).Why have dollars or USDC in your portfolio?Dollars become significantly more valuable as a hedge when other assets drop, increasing their relative value and buying power. Looking at dollars from a short-term perspective, when the market incorrectly prices a house, stock, or cryptocurrency, the value of your dollar shoots up assuming you use it to buy the dip. In these scenarios dollars are perfect; they hold their short-term value, are easy to come by, and lack volatility. If you use your dollars correctly, their potential for improving your portfolio rises exponentially. Anytime Bitcoin drops, the dollars in your portfolio help INCREASE the overall Bitcoin value of your portfolio - or at least hedge significantly against the downside. Dollars behave like altcoins or any other asset/BTC pair. If you are looking to stack sats, having dollars specifically as an asset in your portfolio (not in another account) is a must.If you have properly balanced your assets, a beaten-down coin is only as good as the dollars you can rotate into it. If you are all in Bitcoin because you believe in its long-term potential, then you have zero flexibility or ability to add on dips. If you only have Bitcoin, it may not be so easy to put that money to work for you when you want to rotate into a different asset that is on sale.This is why I always say, “cash is king” and recommend keeping at least 15% in cash at all times. The dollar may be “trash” and losing value over the long term, but understanding its value can help you increase your Bitcoin stack.And that’s something we all want.In This Issue:Know The Value Of Your DollarWhat's Going On With Cardano? IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsMore Clarity Is Coming On StablecoinsBig Tech Fails, AgainBitcoin 2022 Is NearingCryptoland Comes To Vice NewsMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO