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GM! This is Milk Road, your crypto hype machine through ups and downs. Prices red? Stay cool, we’ve got you covered!

Here’s what we got for you today:

• ✍️ Are you investing or gambling?

• ✍️ The market is down. Here’s why…

• 🎙️ The Milk Road Show: What’s Behind Ethereum’s Price Drop? w/ Zeneca

• 🍪 China's rate cuts aim to boost the economy

ARE YOU INVESTING OR GAMBLING? 🎰

Alright roaders - it’s time for a reality check!

We hate to break it to you, but that strategy you've been calling "investing" might just be plain-old gambling. 🎲

Hear the Milk Man out… 

• Gambling is an activity that is meant to bring you enjoyment, not wealth (though wealth can occur when gambling)

• Investing is an activity that is meant to bring you wealth, not enjoyment (though enjoyment can happen)

Both gambling and investing involve a bit of risk, but here’s the deal: 

• Gambling is like a one-night stand: Quick, thrilling, and gone before you know it, leaving you poor and alone.

• Investing, on the other hand, is like a committed relationship, where you Netflix and chill with your portfolio for years, bringing you lasting happiness.

The biggest problem is that some crypto folks struggle to differentiate between investing & gambling. 🧑‍🦯

We got a lot of peeps playing the slot machine that don’t even realize it. 

Worried that you’re maybe one of them? Here’s how the Milk Man can spot the gambler in the haystack. 🔭

1/ Buying tokens on a whim

If you’re snagging tokens without understanding what they do, you’re not investing—you’re gambling.

Even if the tip comes from an influencer who claims they’ve done their research, you’re likely betting on their hunch, not on rock solid fundamentals.

The elite investors dig into the project, understand the tech, and know what they're getting into. 

So, unless you're ready to explain your new token to Grandma without saying “because Twitter said so”... you’re in gambler territory.

2/ Chasing hype

If you’re jumping in and out of the market based on the latest buzz, gamble away! 

That’s like hopping from one slot machine to the next because the last player got lucky. 🎰

Smart money is 2 steps ahead and you could get caught as exit liquidity…

3/ Lack of diversification

If you’re diving headfirst into one token, don’t call it “conviction”. Be honest to yourself. You’re gambling. 

Remember, there’s nothing wrong with gambling - the Milk Man loves a good blackjack game, but you won’t see him betting the farm on a single hand. 🧑‍🌾

To call yourself an investor, you gotta know the fundamentals and future potential of the project you're apeing into.

In other words, you gotta do your homework. 📝

If you’re in it for the long haul, you’re almost guaranteed to make money – actually, you have a 99.8% chance to win if you invest over 15+ years. 📈

This is what separates people who make and keep generational wealth, from those who get rich quick and swiftly lose everything.

You want to be part of the former camp – and we want to help you get there.

That’s why we just created the Crypto Investing Masterclass – aimed to help you build a long-lasting portfolio that outsmarts and outperforms 99% of the market.

Here’s what you’ll learn by taking it (among many other things): 👀

• How crypto cycles work

• How liquidity impacts the market 

• Most importantly, how to choose winning assets & allocate properly to minimize risk and maximize profit.

THE MARKET IS DOWN. HERE’S WHY… 🤬

What in the H E double hockey sticks is the devil doing down there?

The markets are crashing like they forgot their wallet on a hot date, and everyone's feeling the heat.

Whether you're holding crypto, stocks, or that rare Beanie Baby collection, the red wave spared no one. 🩸

Just take a look at yesterday’s stock market drop:

So why the drop?

Word on the street is all about bad earnings reports. Yep, like we say every week on what to watch for, they cracked open their books and cracked the market.

The numbers were like finding a cockroach in your cereal: 

• Nasdaq down -3.64% (worst day since October 2022)

• S&P down -2.3% (worst day since December 2022)

BUT there are some milky reasons why this might be bullish (I know I know, you’re crazy Milk Man).

Here’s why 👇

It’s the first 2%+ drop all year!

• The last 14 times the S&P 500 had 5 or fewer 2% drops in a year, it ended the year up by an average of 19.3%. 

• In fact, you might actually want one more 2% drop. In the past 50 years, two years had exactly two 2% drops: 2013 (up 29.6%) and 1989 (up 27.3%).

So, while today’s market might feel like a horror flick, historically, these dips aren’t the end of the world. 

Want to flip this market dip to your advantage? Listen to the latest episode of The Milk Road Show for Zeneca's insights on $ETH's direction and his game plan for navigating the storm! 🚢

YouTube | Spotify | Apple Podcasts

MILK ROAD PRO PORTFOLIO UPDATES 📊

Look! Up in the sky! It’s a bird! It’s a plane! It’s… the Milk Man sharing his latest portfolio changes.

Like clock-work, every Thursday, we’re here to share our updated list of investments from the Milk Road PRO Portfolio. 

Disclosure: We are not a day trading portfolio so don’t expect a high volume of trades. Read our “how to build a crypto portfolio in 2024” report to learn more about our portfolio strategy.

PORTFOLIO PERFORMANCE 📉

The Milk Road PRO Portfolio saw a slight decrease over the past 7 days. Our portfolio value is at $107.6K, down -4.3% since last week.

Skeptics were right: $ETH ETF trading, which started on Tuesday, turned out to be a "sell the news" event.

But should we be worried? Not at all. Despite prices not soaring, the increased interest and popularity of crypto among influential people, especially in the U.S., is skyrocketing. 🚀 

This week, Donald Trump will speak at the Bitcoin conference in Nashville — can you imagine that?

Just a few months ago, crypto was under constant pressure from the SEC and other politicians. 

This shift is remarkable. 💫

PORTFOLIO CHANGES 👀

BITE-SIZED COOKIES FOR THE ROAD 🍪

Time to level up your DeFi game with the CoinGecko API – get onchain data for over 3M tokens, including those not listed on CoinGecko. Take 15% off with ‘MILKROAD15’. *

China's rate cuts are causing market instability, with Bitcoin and stocks experiencing significant losses. The People's Bank of China aims to inject liquidity into the market, reflecting urgency to support the struggling economy, further steepening the U.S. Treasury yield curve​​.

Coinbase UK's violation of a voluntary agreement to prevent high-risk customers from accessing their platform resulted in a $4.5M fine. The FCA criticized Coinbase for lacking adequate controls and allowing over 13,000 high-risk customers to use its services, leading to substantial transactions​​.

MARA increased its Bitcoin holdings by purchasing an additional $100M worth of BTC, bringing its total holdings to over 20,000 BTC. Aiming to adopt a full “HODL” approach to its bitcoin treasury policy, retaining all mined bitcoin and periodically making additional purchases.

Morpheus, a decentralized AI project by Lumerin, has launched on the Arbitrum test network. The project aims to avoid the pitfalls of centralized AI models by using smart agents paid with cryptocurrencies, promoting a decentralized approach to AI computing​​.

Wanna team up with the Milk Man? We currently have 2 positions open – check ‘em out and apply here!

*this is sponsored content

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.