Gm friends,
It’s been an eventful week in crypto with lot’s of airdrop claim announcements.
As a Premium Member you have access to all our airdrop tips so hopefully you were eligible for at least a few of them.
If not, don’t worry. There will be pleanty more!
Now let’s get into today’s newsletter.
Here’s what’s in today’s issue:
- My portfolio updates.
- Jesse has a deep dive on AltLayer: Should you sell your airdrop?
- Sam has the top 3 NFT drops.
For any crypto related questions please comment on the website.
Buys and Sells
I bought a new altcoin called EMC which is an AI and real world infrastructure play.
Depin is hot right now and so is AI, so it feels like a play with some potential. VERY EARLY on this one, so the risk is that they don’t deliver and this goes to zero.
The upside is high though if they get it right. So good risk reward IMO. I bought this via an OTC deal with the team and thus got a better than market price entry.
I am also buying JUP.
I sold some BTC again to do this. I have not yet added these JUP buys to my portfolio because I am doing a week long DCA strategy on JUP. So I don’t know how many coins I will end up with exactly.
Will update those numbers next week. So far I have only added my airdrop to the portfolio.
You might wonder why I sold some BTC recently?
Well, keep in mind that I will be selling some of that BTC end of cycle anyway. BUT, I also need to reprice a few of these coins because I want to use them in DeFi. So, I sell now, to buy more of a coin that I think has a high chance of out performing versus BTC.
Then when the time comes to sell, I take a cash payout, and I take WBTC, not BTC. This WBTC can then be used in DeFi to take cash loans. Then end of cycle, sell the WBTC for cash.
Obviously there are risks to this strategy and I won’t be doing this with much more BTC, but that is my thinking behind this move.
I moved my Trader Joe coins back over to Arbitrum to stake for those juicy USDC rewards. The Merchant Moe airdrop was insane and well worth the time and effort to move to Mantle for a few weeks.
I am still contemplating cleaning up the portfolio and selling some underperforming coins in order to consolidate existing positions and free up some cash flow.
I invested in private market deals for venture rounds on Param Labs, Zero Lend, and Gunzilla’s Nodes For Off The Grid.
Farming
I staked more ETH into Etherfi. Eigenlayer airdrop will be a monster… hopefully!
I spent some time doing some more farming on Orbiter Finance. Sending transactions between different chains. Remember, consistency and volume is key… usually… hopefully…
Rabby wallet is a new one that I signed up for. Basically you import an existing Metamask wallet and get points, as well as do things like in wallet swaps and gas top ups. You can sign up here if interested.
I bridged a very small amount of ETH over to a new network called MODE which is getting some big hype already on socials. You can check it out using this ref link if you want. You probably already have an airdrop if you are active on chain.
Claimed WEN, the new meme coin launched by the Jupiter Exchange devs. Holding for now. Not really worth much, but maybe one day. Claim period finished.
I also claimed my JUP airdrop. Another nice bump of…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
