Welcome to Issue #19 of Wealth Mastery
In this issue:
I share some recent low cap listings to have on your radar.
I also have some information about how you can invest in international stocks markets using your domestic account.
The team from OG NFT player Enjin join us to talk about crypto gaming!
Forrest has a very educational piece on smart contracts.
Defi Dad teaches you how to use a decentralized exchange aggregator.
Jesse has a report for you on new defi protocol Definer.
Rekt Capital has some excellent analysis on Bitcoin, Ethereum, Dogecoin, and Litecoin!
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
This has been an incredible week in crypto! Bitcoin topped out just shy of the line of resistance at $16,000 (in fact on a few exchange we even hit like $16,000.41!), Ethereum has been soaring, and altcoins are making a roaring comeback! Some mid caps are up over 100% in the last week.
This all comes on the back of a week of incredible announcements. Famous investor Bill Miller is promoting Bitcoin, Legendary investor Stan Druckenmiller has revealed he owns Bitcoin and believes it will do very, and JP Morgan issued a report that big money investors like family offices are increasingly choosing Bitcoin over gold. It is hard to fully convey just how insanely bullish this is for the crypto market. Many of the worlds most famous and respected investors are now shilling Bitcoin for us. Below is a market cycle chart. We are now moving out of the smart money phase and are in likely the early stage of the institutional investors phase.
In other market news the S&P 500 hit a new all time high this week. This is the 5th new all time for the index since Bitcoin hits its all time high in 2017. It’s about time for BTC to catch up! The biggest thing stirring excitement in the stock market this week is without a doubt the covid vaccine. I suspect we will see markets pump in 2021 as the vaccine is distributed and the virus is brought under control. Biden will also bring out some sweet sweet stimulus for the markets. Stocks should do quite well in this scenario. With things like airlines rebounding strongly as restrictions are lowered.
Oh and Ethereum had some serious issues yesterday! A service provider called Infura went down and nodes which had not upgraded to the latest version still had a two year old bug in their code. This caused a temporary chain split. Never a dull day in crypto! You can read more HERE
Recent Listings to Keep an Eye On
These are all high risk high reward plays. Please practice proper risk management if you invest. Keep position sizes low and be ready to…
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.
