Let's consider a wheel extended with its axle on both sides. Tie a string at both ends of axle. Note that we should keep the wheel vertical. Upon leaving one string the wheel will tilt. Now keeping the wheel vertical, put the wheel in rotation around the axle and now leave one string. One notices that wheel doesn't fall down as earlier but also rotates and revolves around the axis.
The reason to why the wheel is both rotating around axle and around axis is somehow related to angular momentum and torque but i was wondering how?