Welcome to Issue #22 of Wealth Mastery
In this issue:
I discuss how to keep yourself safe while using defi. These simple tips can help save you a lot of heart ache!
I also share the hottest Bitcoin mining stocks, all of which have been soaring during the bull run, even out pacing BTC!
Jesse has a report on Mike Novogratz’s newest crypto purchase Terra Luna, definitely an interesting read for altcoin investors.
Rekt Capital has a fantastic breakdown on where we are in the market cycle, and some altcoin trades to be watching right now!
Forrest has written a great article for you on how Ethereum challengers like Polka Dot and Cardano can capture market share.
Milana Valmont of Kira Network joins us to discuss the power of being able to stake any crypto asset, yes ANY!
Defi Dad has a fascinating tutorial on Power Pool which allows for the automation of cashflows via their defi index.
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
WOW, what a week for the markets. Bitcoin has hit a new all time, something we have waited 3 years to see. To all of those who made it through the bear market, well done! The most exciting part about BTC hitting a new high is that it has done so with very little fanfare. There is no Bitcoin mania happening. Translation, welcome to the start of the bull run!
This week we also got more news of institutional interest and adoption. Guggenheim Macro Fund applied to the SEC to be able to invest 10% of their fund, around 500 million into BTC. Investment firms BTIG and AllianceBernstein also spoke favorably of Bitcoin, with AllianceBernstein going as far as saying that investors should consider putting up to 10% of their portfolios into BTC.
Macro investor Dan Tapiero shared his thoughts regarding gold and Bitcoin. In particular that 2 trillion has flowed out of the gold market during the exact same period Bitcoin has seen a rise of 180 billion in market cap! Seems that big investors are indeed taking the Bitcoin bet seriously.
Ethereum 2.0 has officially launched phase 0. While it is still a long road for Ethereum this is a big deal. There are currently around 30,000 validators making this one of the most decentralized networks in the world. Kraken, Coinbase and Binance have all announced staking support.
Bombshell news today as well that Visa has announced it will be partnering with USDC to run stablecoin payments, and the network they are using….. Ethereum!!!
DEFI WARNING
In the last two weeks we have seen defi exploits and attacks across many platforms! In total in 2 weeks more than 100 million in customer funds have been lost: Compound Finance…
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.
