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Health, Wealth, and Happiness

March 29, 2024

“A year from now you may wish you had started today.”

- Karen Lamb

Howdy, investors!

• An update on how our investment approach has performed over the last five years, and why we're the only crypto site that shares our results.

• Tokenization of real-world assets is picking up steam, demonstrated by the nearly quarter billion dollars sucked into the BlackRock BUIDL tokenized Treasuries fund in just one week.

• Several blockchain narratives have gained traction in 2024, one of which is Decentralized Physical Infrastructure Networks (DePIN). The sector has seen its market cap increase by 35% this year, with more upside projected.

• "Does it need a token?" is one of the top questions about many crypto projects. According to Mark Beylin of Boost VC, the token should be issued before the project is promoted.

Read on to explore more!

How We Beat Traditional Investors by +40%

by John Hargrave

At Bitcoin Market Journal, we are different from other crypto sites in one important way: we share our investing results with you.

Ahead of next week's quarterly results, we're already beating traditional investors by +40%.

Since 2018, we’ve been reporting quarterly on the results of our Blockchain Believers Portfolio, comparing them with “Non Believers” who don’t hold crypto.

To our knowledge, we are the only crypto site that shares our long-term results.

• Everyone else will hype the latest crypto token, and fill you with FOMO. We’ll tell you to avoid most of these crazy coins.
• Everyone else focuses on short-term trading. We focus on long-term value investing.
• Everyone else promises that you’ll get rich quick. Our approach is to get rich slowly.

With just a few simple rules that we’ll share below, we have crushed the results of traditional stock market investors over the last five years.

So, how have we delivered such superior results for our subscribers? Here’s our secret sauce.

Read more about our investing results >>

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Don't Be Foolish! Our Next BMJ Token Drop is April 1

You'd be a fool to miss out on our Premium member benefits in the month of April.

Just become a Premium member by April 1, then hook up your MetaMask wallet, to get an airdrop of our exclusive BMJ Reward Tokens, which can be used for exclusive Premium Rewards.

Premium Members should also get ready for a load of great content in the coming week. In addition to our monthly Best Blockchain Buys we'll be dropping the quarterly updates to our Blockchain Believers and Future Winners portfolios, which have been handily beating traditional market returns.



Not yet a Premium member? Sign up by April 1 and get in on the next airdrop!

Must Read

Today's most important stories for crypto investors.

BlackRock’s BUIDL Fund Sucks Up $245M In First Week (The Defiant)

BlackRock's tokenized U.S. treasuries fund, BUIDL, has attracted $244.8 million in its first week, becoming the second-largest fund behind Franklin Templeton's OnChain U.S. Government Money Fund. Tokenization of real-world assets has had several false starts, but with increased institutional adoption, this cycle might see the space finally take off for investors.

DePIN: A New Paradigm in Crypto (Substack)

The Decentralized Physical Infrastructure Networks (DePIN) sector has seen a bullish narrative in 2024, racking up a 35% increase in market cap. The sector's overlap with the AI narrative in blockchain is part of this recent attention, and some predictions see DePIN as a leader in the next crypto bull market.

The Token Is The Product (Mirror)

Tokenomics are important, given that the primary use of blockchains thus far is for buying, transferring, and selling tokens. Successful crypto projects typically have a token with broad distribution, and a lack of a token can lead to competitive disadvantages. As tokens become increasingly accepted, their value and utility can only increase.

Where to Buy Bitcoin with the Lowest Fees

With BTC at new highs, where do you buy low?

Top Crypto Exchanges for U.S. Citizens

Exchanges that are unlikely to be targeted by the SEC.

Back to Basics

Why do we invest in crypto?

Sector Report: Yield Farming

Our top strategies for investing in this growing sector.

Bitcoin ETFs vs BTC: Which is a Better Investment?

Should you buy through an ETF, or directly?

Chart of the Day

Render (RNDR): Price vs. Token Holders

Is there a positive correlation between the number of users holding a token and its price? Mark Beylin's essay, highlighted today, answers yes.

He gives Uniswap (UNI) and Helium (HNT) as examples of network effects that increase a token's price. In today's chart, we show that this can also apply to smaller projects, such as Render (RNDR).

The upshot of all this is that looking at the trend in the number of token holders in a project can also be a useful metric for predicting price trends. When the number of token holders increases, the price also tends to increase, as those holders are increasing demand for the token.

If in doubt, HODL.

(Thanks to CryptoJobsList)

Bitcoin Market Journal is a daily newsletter that makes you a better crypto investor. It's created by John Hargrave, Steve Walters, Gerald Jackson, Anatol Antonovici, Matthew Du, Daniel Joel, and Preetam Kaushik.

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