Welcome to Issue #20 of Wealth Mastery
In this issue:
I discuss the staking options available to you right now for ETH 2.0, it is actually way easier than you might think!
I also explore whether investing Paypal stock is a good idea considering their big crypto play!
Defi Dad has a great tutorial on how to make limit orders using a decentralized exchange.
Jesse has a MUST READ report on Axie Infinity, think Pokemon on the blockchain and you get an idea of the viral potential!
Forrest breaks down why NFT art is going to be a big deal.
The team from APY Finance join us to discuss their exciting defi solutions, this is a bullish low cap so well worth learning some more about.
Rekt Capital has the latest top tier technical analysis on the market, super important to understand where we are as the markets soar.
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 new all time high market cap, highest price since December 2018! It seems that the effect of institutions piling into BTC and the ensuing fomo is really starting to have an impact! Ray Dalio is actively seeking more knowledge on Bitcoin so he can join his friends Stan Druckenmiller and Paul Tudor Jones on the Bitcoin gains train! Billionaire Ricardo Salinas Pliego admitted yesterday that 10% of his liquid portfolio is in BTC. And 9.2 billion dollar hedge fund Skybridge is applying to the SEC to invest in crypto.
Bitcoin is now tantalizingly close to a new all time high! And it is about damn time, the fricking S&P 500 has hit a new ATH 7 times since BTC did in 2017!
That brings us onto the topic of altcoins, honestly the entire market is looking bullish AF right now! The fact that altcoins are not getting crushed while bitcoin moves higher is a good sign. Remember altcoins will 100% make the bigger gains during this bull run, well not all of them, but the good ones will. Alts are for making gains and Bitcoin is for keeping the gains. That being said altcoins could take some hits as Bitcoin continues to be so volatile.
But do be aware when chasing the latest shiny thing. Rug pulls are still happening on the daily on Uniswap. And we have had an astonishing 4 more defi hacks this week proving one simple point being audited means nothing. Now technically these were not hacks, but rather highly technical exploits using flash loans to game liquidity pools. But if you lost money I am sure you will feel hacked. Be careful using new defi.
In traditional markets we now have not one but two covid vaccines which will start entering the market later this year. While Pfizer was first, Moderna’s vaccine looks better. The vaccines…
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.
