In This Issue
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- My latest portfolio updates.
- Rebecca breaks down this week’s trending coins.
- Matt has a report for you on the Oasis ecosystem.
- The team from Spool Defi join us to discuss the future of defi.
- Jesse has a deep dive for you on Redacted Cartel, a so called subDao for Olympus.
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.
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Lark’s Portfolio
House Keeping: This is an important concept that I wanted to take a minute to talk about with you. Many crypto assets require maintenance. Sadly not a whole lot in crypto is just set it and forget it. Rates are constantly changing, as are projects and legalities. It is paramount that you stay up to date on your investments and that you are taking full advantage of them. Here are some examples
- Lending: Check frequently that your lending rates have not changed, if they have then it may be time to take your business elsewhere.
- Farming: check that your farming rates have not changed too much. Farming yields can move a lot, it is normal. BUT if you enter a farm at 500% APY and two weeks later it is 50% APY your opinion about staying in this farm may be VERY different.
- Harvesting: Make it a habit to harvest and if you are selling then to sell your farmed coins. Try to do it weekly or every other week.
- Staking: Some coins like Cardano have staking pools that can have varying rates of return, in this scenario you may want to check every so often to ensure that your current pool is still a good option. You may also need to manually claim and restake staking rewards for some coins.
- Binning Altcoins: It never feels good to sell a coin at a loss, but sometimes you just need to cut the dead weight from your portfolio.
- Percentages: Have an honest conversation with yourself about your portfolio. Is it risk adjusted percentage wise to your liking or have things got a bit out of control? Maybe you wanted to have 50% in BTC, but now you are 50% in a dog coin… might be time for a change up!
I bring this up because for the most part that is what I have been doing this week. Claiming, staking, selling farming rewards, etc.
I received my Genso Kishi (MV) tokens from my presale investment. I am staking and holding those coins.
I put some BTC into Crypto.com on a 3 month lock up, but they have a cap on how much you can deposit, so it is not a huge amount. I also put a little more BTC into Celsius. Aside from this I still haven’t done much with my Bitcoin. Still a big chunk sitting in Convex Finance that I just don’t know what to do with. Every move I make has a risk reward and tax implications. Haven’t found the solution that will make it worthwhile yet. Might just have to go back to taking a loan…
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.
