In This Issue
First I wanted to let you all know that starting now and going forward I intend to change the formatting of the newsletter. There will now be two issues sent out weekly. The first will be by Wednesday 8PM EST, and the second by Sunday 8PM EST. This means that the sections will be broken up, so if you don’t see one of your favorite sections in today’s issue then fear not as that will come on Sunday.
I am also discontinuing the PDF version of the newsletter. The intent here is to make the information easier to digest without overwhelming you with too much information at one time.
I would also like to share that we are working on a bunch of exciting new features for the website which will make the total user experience much smoother.
So anyway, in this issue:
I share my thoughts on investing in a down market.
Rekt Capital has the latest technical analysis for you on the market.
Rebecca has all of the latest news for you.
Jesse has a ton of hot new airdrops for you.
Hot new token sales.
Sam has a report for you on Cardano NFTs.
Defi Dad has a tutorial for you on Fantom’s Yearn Earn Finance.
A quick reminder that all research and market analysis is provided for educational and informational purposes, and should not be considered as financial advice. You are ultimately responsible for your investments and trades, and they should only ever be entered by those who understand the risks, are willing to lose their entire investment, and properly understand how to manage their risk.Also, every issue will contain more information, tips, hints, and analysis than you can make use of. It is up to you to decide what information shared here has value to you or not.
For any crypto related questions please comment on the website.
For any support related issues please visit the website
What I’m Watching by Lark
Well… This has been a crazy week. I hope you are doing ok out there! In today’s issue I wanted to start by talking about how to keep making money in a down market. A topic which is probably on all of your minds! Until we see a decisive trend change then we can assume that the bears are still in charge of the market. And I know, believe me I know, how much it sucks when a coin you bought is down 90%. This is however an all too common reality of the crypto market. While today has seen some green come into the market we are still quite far away from key moving averages. Bitcoin is $10,000 away from the 200 day moving average.
So here is how I intend to keep making money in crypto regardless of market conditions.
Yield farming: Would you believe that you can still easily get rates at over 100% on stablecoins right now? And probably can have dozens of options with rates at 40 50 or even 60%??? What about triple digit yields on new coins? Yep, still happening. Although I am not in many of these higher yield farms for stablecoins, they are definitely out there. My stablecoin plays are mostly in farms like Convex Finance on Ethereum. BUT if you take the time to bridge over to other chains like Fantom then even OG defi platforms like Yearn Finance can give you HUGE rates on stablecoins! I will also continue to farm in ETH parity pools for coins like Illuvium, High Street, and Wilder World. These pools are riskier due to impermanent loss, but the potential for…