Welcome to Issue #21 of Wealth Mastery
In this issue:
I discuss the defi blue chips and which ones are the most interesting from an investment perspective.
I also share some of my top renewable energy stock picks.
Defi Dad has a fascinating tutorial on Empty Dollar Set one of the most cutting edge stable coins on the market.
Jesse has a report on the much hyped insurance player Nsure, if you are considering investing then make sure to read this first!
Forrest breaks down the challenges facing Ethereum on the road to 2.0.
The team from Orion Protocol join us to discuss their advanced trading terminal and interesting token model!
Rekt Capital has your weekly dose of top tier technical analysis looking at where we are in the altcoin cycle. Big Boom coming!
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
What an intense week for the markets! Bitcoin hit a new 2020 high, Ethereum exploded and XRP and XLM both shot up by eye watering sums! Many major altcoins are now breaking multi year down trends. The XRP rally has been the absolute craziest in terms of shear money flow. The pump is likely being driven by the airdrop coming up on the 12th. Did you know about it? If you have been reading the upcoming market moving events section you would have 😉In these wild market times remember to breathe! This ride can take your breath away for sure!
The Ethereum 2.0 Deposit contract has reached the total required ETH to be able to launch. The genesis will take place on December 1st. This is the most important event in crypto since the Bitcoin halving, and the launch of ETH 2.0 is perhaps even more important considering the ecosystem. Definitely an event worth celebrating!
Bitcoin supply crisis is starting to hit. Grayscale last week bought 3 times more Bitcoin than miners produce. Cashapp and Paypal both bought an equivalent amount to what BTC miners produced last week. This is the exact rocket fuel needed to push Bitcoin higher in coming months and into 2021. We even got the chief investment officer of Blackrock shilling Bitcoin this week!
Defi Blue Chips
Today I want to briefly look at the top defi platforms. They all present themselves as “safer” bets in the market, thus their often quoted title as the defi “blue chips”. All of them have proven themselves in the market in one way or another and have a path towards real cash flow for token holders.
YFI stormed onto the market earlier this year and has quickly become a fan favorite. YFI’s core product is the vaults which move user funds between different defi protocols to seek the best yield. The YFI goverance token is also famous…
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.
