Welcome to Issue #17 of Wealth Mastery
In this issue:
I discuss why to use stop losses and how they can protect your capital. I also talk about Ark Invest and their highly profitable ETFs. I have some good new airdrops too for you, and make sure to check the token sales area since there are some big updates! Also check the trending coins section if you are looking for some high risk high reward plays.
The team from Injective protocol joins us to discuss why their defi protocol is poised to really shake up the trading space.
Defi Dad has an awesome tutorial on the Pool Together no loss lottery.
Jesse has a report for you on the much hyped Polka Starter.
Forrest explains the coming Cardano Goguen upgrade, and why it is so significant.
Rekt Capital has an excellent breakdown of where we are in the market cycles, what is happening to Bitcoin, and 2 potential altcoin trades to watch.
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 e-mail with comments or questions.
The Big Recap
Bitcoin is still in charge of the market. This massive Bitcoin rally will continue to dominate the conversation until bitcoin finds strong resistance somewhere. When that happens we can expect bitcoin to either go sideways for a few weeks or to see a big pull back. This will give altcoins a chance to shine, but until bitcoin calms down don’t expect a new big alt season.
This is what altcoins are doing right now.
The BIG story this week is the insane amount of institutional adoption happening all over the world. Adoption is accelerating at a massive rate right now. Here are the top 4.
1 – Paypal is now looking to buy up important pieces of crypto infrastructure. They are in talks to buy BitGo along with about 12 other companies.
2 – DBS the biggest bank in South East Asia will be launching a cryptocurrency exchange.
3 – JP Morgan the biggest bank in America is discussing how to enable crypto custody for their clients with Fidelity and Paxos.
4 – A bank in India is launching crypto buying services for their customers.
Another week of Defi drama. BE CAREFUL. A platform called Harvest Finance (not Harvest dot io) has suffered an exploit due to a savvy flash loan attack resulting in 24 million in lost user funds. Some garbage called Santa Dao, yes a fricking Christmas meme coin, has done a rug pull. Am I surprised? No! It was a santa meme! WTF are people doing with there money??? There are two kinds of defi. Legit defi and scam ponzi garbage. Do not risk your funds on this crap. It is all pump and dump, fly by night gambling. This is not investing.
By the way! Blockfi has a mega sign up bonus on right now, you can get up to $275 in BTC depending…
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.
