PLUS: How long does it take to make $1M? ð¤ July 26, 2024 | [Read Online]( ð¥ Bitcoin's biggest event of the year - don't miss the alpha! ð¨ PLUS: How long does it take to make $1M? ð¤ [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20Milk%20Road&body=%F0%9F%A5%9B%20Bitcoin%27s%20biggest%20event%20of%20the%20year%20-%20don%27t%20miss%20the%20alpha%21%20%F0%9F%9A%A8%3A%20PLUS%3A%20How%20long%20does%20it%20take%20to%20make%20%241M%3F%20%F0%9F%A4%94%0A%0Ahttps%3A%2F%2Fthemilkroad.beehiiv.com%2Fp%2Fbitcoins-biggest-event-year-dont-miss-alpha) Todayâs edition is brought to you by [Unchained]( â secure your Bitcoin with the industry leader in collaborative custody, ensuring the highest level of protection and control. [Secure your Bitcoin with Unchained!]( [breaker] GM. This is Milk Road, the crypto newsletter that makes you feel more accomplished than parallel parking perfectly in one-go. Hereâs what we got for you today: - âï¸ Bitcoin 2024 just started - âï¸ How long does it take to make $1M? - ð° Funding Friday - ðï¸ The Milk Road Show: [Ethereum vs Solana vs Bitcoin w/ OSF]( - ðª Jito joins the restaking party
[Prices as of 9:30AM ET. Click here for our Fear & Greed Index]( [breaker] BITCOIN 2024 JUST STARTED ð¨ Bitcoin 2024 is lighting up Nashville. Yeehaw! 𤠠This is the crypto shindig of the year, where the big shots gather to talk about the future of digital gold, and the maxiest of the Bitcoin maxis roam the conference halls. Hereâs the star-studded lineup of speakers: - Donald Trump - Robert F. Kennedy Jr. - Cathie Wood - Michael Saylor - Edward Snowden - Vivek Ramaswamy And rumor has it that Elon Musk might just pop in for a surprise visit. Heâs in town and was rocking those laser eyes on X. ð But the real showstopper? The Milk Man's crew is in the house, and we're ready to make some noise! If you see us, say hiâwe can't wait to chat! ð Whatâs on the agenda? Panels and keynotes are diving into hot topics like the TradFi to DeFi transition, Bitcoin on corporate balance sheets, and its future as a beacon of freedom. This event is where big ideas and revolutionary projects get their time to shine. ð Rumor has it, the biggest idea of them all is coming from none other than Donald J Trump, expected to announce something along the lines of using Bitcoin as a reserve asset for the US balance sheet. We canât confirm or deny, but it feels like something big is going to come out of the next few days at Bitcoin 2024. And don't worry, security is keeping the bears out in the woodsâno bearish vibes allowed here!
[Source: @MilkRoadDaily]( There's a ton going down this weekend, but if you canât make it, donât sweat itâthe Milk Man's got you covered. [Keep an eye on our socials]( for summaries of the biggest keynotes and updates from the biggest brands. ð We've already got some spicy coverage up on Twitterâ¦
[Source: @MilkRoadDaily]( Speaking of mind-blowing, donât miss the latest episode of The Milk Road Show featuring [OSF](. He dropped a shocker, saying he's more bullish on $BTC than $ETH and $SOL this cycle. The Milk Man was floored! Tune in to hear more about his surprising take. ð§ð [YouTube]( | [Spotify]( | [Apple Podcasts]( Don't let your friends and family (or yourself!) become victims of phishing attacks ðª or exchange hacks ð´ââ ï¸ With Unchained Connections, you can get your closest family and friends off the exchange, even if theyâre not ready to hold and secure all the keys. Add them to your network, help them onboard, serve as their backup plan, and help them hodl their Bitcoin. ðð Unchained also helps with inheritance planning and offers the industry's leading IRA product, allowing you to easily roll over an old 401k or IRA and buy Bitcoin directly to cold storage while keeping control of your keys! [Save Mom's Bitcoin!]( [breaker] HOW LONG DOES IT TAKE TO MAKE $1M? ð¤ Let's be real - not all of us popped out of the womb as wealthy tycoons or serial entrepreneurs. For us mere mortals, the path to building that sweet, sweet wealth involves a little something called...investing! But, is it actually possible to become a millionaire by just investing? ð¤ Letâs do some quick math ð§®: - Saving $2,000/month without investing = 42 years to become a millionaire - Investing $2,000/month in S&P 500 (avg. 10% return) = 16.5 years to become a millionaire - Investing $2,000/month in an asset class returning 140% annually = Less than 4 years to become a millionaire ð This fun exercise gives a big-picture view of crypto's rise. Numbers might vary due to compounding, but you get the idea. But whatâs the asset class returning 140% annually? Answer: Crypto! ð If we zoom out and look at the bigger picture, we can see that the least risky asset in crypto ($BTC) is averaging growth of over 140% per year since 2011! ð
[Source: Cryptorank]( Moreover, we believe that weâre about to enter the âup onlyâ phase of the crypto cycle, where 140% returns will look like ants. ð BUT, remember, this isn't an express elevator to the top â expect some turbulence... just like how the market went from $2.9T in March to $2.1T in June (38% pullback). We may sound like a broken record but pullbacks are part of the game. - During the 2017 bull run, $BTC had 12 milk spills of at least 25% before reaching those creamy all-time highs. - Similarly, in 2021, $BTC observed 9 such pullbacks.Â
[Source: TradingView]( So, if you wanna be a millionaire (so frickinâ bad⦠ðµ), you gotta whip up a portfolio that can handle these dairy dips and still scoop up the sweet gains ahead... ð Thatâs why we developed the Crypto Investing Masterclass â a comprehensive guide to building a sustainable portfolio and unlocking your financial future. ð Youâll learn how to master crypto cycles, outsmart and outperform 99% of investors, pick the winning assets and build a successful crypto portfolio. Hurry though, Roaders! Youâve got just 72 hours to milk that 33% early-bird discount - after Sunday, youâll be paying full price and we all know you deserve better! [Learn How To Invest Today]( P.S. You can now access the course by paying with crypto! Hells yeah! 𥳠P.P.S Milk Road PRO members get a whopping 50% discount. Upgrade your membership [here]( and find a special link inside your welcome email. [breaker] ITS FUNDING FRIDAY ð° Welcome back for another week of who raised what in crypto! Remember, funding matters because it fuels the crypto innovators and entrepreneurs and gives this industry more chances of creating the next big thing onchain! So, to give you a better idea of what direction funding is going, the Milk Man put together this nice lil chart showing YTD funding week by week, and will update it every Friday.
[Source: @Crypto_Dealflow]( Thatâs a whooping $4.55B so far this year with a $189.5M weekly average. This week, $196.2M was raised by crypto companies. Here are the 3 projects that secured the biggest bags: 1/ Block Mining Group raised $92.50M - What they do: [Block Mining Group]( is focused on providing infrastructure and resources for large-scale cryptocurrency mining operations. - Who led the round: [Riot]( 2/ NPC Labs raised $18M - What they do: [NPC Labs]( is developing innovative solutions within the Base Ecosystem, focusing on gaming, infrastructure, and real-world assets. - Who led the round: [Pantera]( 3/ Caldera raised $15M - What they do: [Caldera]( is working on developing multi-chain infrastructure to enhance the collaboration of blockchain networks. - Who led the round: [Founders Fund]( And in honor of the Olympics kicking off, we wanted to close out today with a slick look at where all this funding is coming from. Hereâs a YTD view of what countries are home to the most active VCs in crypto.
[Source: Crypto Rank]( The US is COOKING, funding 4.8x the projects of the 2nd place country, Singapore. Will the US win the Olympics too? Weâll have to wait and see. Snoop Dawg kicked things off carrying the torch this year⦠And who knows, maybe next Olympics it will be Brian Armstrong or even the Milk Man! 𤷠[breaker] BITE-SIZED COOKIES FOR THE ROAD ðª [Time to level up your DeFi game with the CoinGecko API â get onchain data for over 3M tokens, including those not listed on CoinGecko.]( Take 15% off with âMILKROAD15â. * [Bitwise goes big, literally, with a banner on the NYSE.]( The ETF started trading with $204M in net inflows and continued to attract significant investments. This bold move aims to raise awareness and attract more investors to the new product. [Elonâs X ditched the Bitcoin and MAGA emojis.]( The removal happened without any public announcement, leaving the reasons behind the change unclear. This change coincides with the Bitcoin 2024 Conference in Nashville, sparking speculation among users. [HSBC Australia says "no more cookies for you" to crypto exchanges after a $171M scam.]( The bank cited rising investment scams as the primary reason for blocking payments. Customers are now advised to find alternative methods for crypto transactions. [Jitoâs token rallies as restaking joins the party.](The new restaking feature includes a vault program and actively validated services to enhance staking rewards. Jito aims to leverage these features to increase validator revenue and overall platform security. [Wanna team up with the Milk Man?](We currently have 2 positions open â check âem out and [apply here!]( *this is sponsored content [breaker] MILKY MEMES ð¤£
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