Wealth Mastery #74

Written By
Lark Davis
First Published
December 1, 2021
Last Updated
September 5, 2024
Estimated Reading Time
48 minutes
In this article...

In This Issue:

  • I share my thoughts on the Ethereum layer two space.
  • Jesse has a deep dive for you on one of Solana’s biggest decentralized exchanges Orca. 
  • Defi Dad has a tutorial for you on how to earn 99% on your stablecoins.
  • Rekt Capital has the latest technical analysis for you on the market.
  • Sam has a report for you on NFT tools to help you navigate the fast moving and exciting NFT universe.
  • Matt talks about the Casper Network and why it may be time to pay attention to it!
  • The team from Savage a photo NFT app join us to to talk about why NFT based photos could be the next big thing!
  • Hot new token sales.
  • Rebecca has all of the latest news for you.
  • Jesse has a ton of hot new airdrops for you.
  • Rebecca breaks down this week’s trending coins.
  • My latest portfolio updates.

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. Wealth Mastery is a tool, you are the craftsman. We are not a signal or pump group, we are a tool shop, you decide what information shared here has value to you or not.

As always, feel free to reach out to me by responding to this email with your comments or questions. For any support related queries, please email me at [email protected]

DOWNLOAD THIS ISSUE AS A PDF HERE

The Big Recap by Lark

Volatility is the price you pay for performance. I just love that quote. And man, oh man, is it ever true!!! The last week has certainly been volatile. But one man’s emotionality is another man’s opportunity. Bitcoin was at a 22% discount the other day. Many altcoins also offered interesting buying opportunities. In order to be successful in this market you need to think counter intuitively to the herd. “When there is blood in the streets, buy it, even if it is your own” from Baron Rothschild really sums it up. But, but, but Lark… I don’t have any fiat left to buy dips!!! This comes down to less than ideal portfolio management. In my opinion, you always want to have some cash sitting on the sidelines. 

My personal portfolio is usually around 10% stablecoins. I use it to buy dips and to create constant income. You can’t buy the dip if you don’t have any chips, so for this you need stablecoins ready and waiting. And I know what you are thinking, if you hold money in stablecoins then you can’t get any gains! Not true. In fact if you set it up right then you essentially can create perpetual free dip buying machine. How can you do this magic? Easy. By using your stablecoins for farming and lending. There are of course different risk levels between services, and yes I will give you a few ideas in a moment, but basically getting 10% on your money is pretty mundane in crypto. Let’s say that you have $10,000 in stables earning 10%, well that is $1,000 a year of free money to buy dips with. What if you are getting 30% or more on your money? Well then things get very interesting.  

  • Ethereum has great pools if you can afford the gas fees….
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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. 

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