In This Issue
DOWNLOAD THIS ISSUE AS A PDF HERE
- My latest portfolio updates.
- Rebecca breaks down this week’s trending coins.
- Matt has a report for you on Aleph Zero
- The team from Solice
- Jesse has a deep dive for you on Merit Circle
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.
Lark’s Portfolio
I bought some more Bitcoin. Usual stuff, not huge amounts. Just consistently adding in these price zones.
I sold around half of my LUNA tokens at $70. Why would I do such a thing? Well, primarily because I wanted to up my cash reserves if the markets got hit over the macro economic fears. And, I was wrong, at least in the short term things seem to have flipped rather bullish. But I am not too worried, keep in mind I sold these LUNA coins at over 10X profit from my original entry around $6. Was selling the right call? Well, since I sold until now the price has gone to over $90… So there is that. Bad timing, and while I stand by my reasoning for selling, the reality is that I called it wrong. Which is fine. Also, to be clear, I am fairly certain that LUNA will be worth more in the future, which is why I am keeping half. My Luna position has got to the moon bag phase, capital taken out, significant profits realized, now holding the rest of the bag until $200 or more. Selling can often be a controversial topic for many investors, but I always try to remember the saying. “Nobody ever lost money taking a profit”.
I have received some RIDE tokens from the Holoride project as part of my presale investment. I have added those to my portfolio for now as I will be holding and staking for some time.
I moved my xJOE tokens from the xJOE pool which has now finished to the sJOE pool which pays out yield in stablecoins based on the total revenue of the platform. Since the rates are so juicy right now, and they are being paid out in USDC, I actually increased my JOE position by quite a bit.
I also put some USDT (Yes, part of the LUNA profits) into the Platypus app on Avalanche. It has a system whereby you need to buy and stake some of their native tokens PTP to get vote lock power to boost your earning.
I removed my liquidity from RAMP’s RUSD/BUSD pool… again. This is the second time I have left this pool. One reason was to consolidate some of the insanity of my portfolio. Another reason is that RAMP’s RUSD is having trouble holding its peg to a dollar. When I cashed out it was only 93 cents. Not good. I have been thinking more and more about my RAMP position and am considering selling it all. I have taken profits multiple times on it. I have cashed out crazy amounts of staking rewards. I am basically sitting on my moon bag now, but I am just not seeing big adoption…
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.
