Welcome to Issue #23 of Wealth Mastery
In this issue:
I look at the key crypto insurance protocols and consider which ones might make good investments for this popular and quickly growing niche.
I also look at the hot new AirBNB IPO and whether it is an interesting buy or not when it goes live tomorrow.
We have a few new token sales to watch this week, as well as some very interesting new stuff in the trending coin section so make sure to read those sections!
Jesse has a great in-depth report for you on the buzzy Ampleforth coin which started the rebase coin craze. Well worth a read if you are unfamiliar with the coin class.
The team from Unibright has joined me to discuss how they are working to bring enterprise and crypto together.
Defi Dad has a fantastic tutorial on how to use Alpha Homora, a new product by Alpha Finance which is a leveraged yield farming and leveraged liquidity providing protocol.
Rekt Capital has a great break down on the Bitcoin 4-year cycle, as well as some interesting set ups on altcoins XRP, Litecoin, Zilliqa, and Aave.
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 yet another big week for crypto news. Here are the three biggest that you should have on your radar.
1 – The S&P Dow Jones will be launching cryptocurrency indexes in 2021. This is a big deal in terms of further institutional approval.
2 – Michael Saylor is looking to sell 400 million worth of Microstrategy bonds and will use the proceeds to buy Bitcoin.
3 – BBVA the second biggest bank in Spain is going to be rolling a crypto buy, sell, and custody service in January.
In macro news we have seen the European Central Bank, The Federal Reserve, and Bank of Japan all announce more massive stimulus. The money printer will continue to go brrrr around the world since the only solution that central bankers see to the problems caused by printing money is printing more money. This is good for Bitcoin. This is good for Gold. This is good for stocks.
Oh one other note is that XRP is having the snapshot for the spark token on the 12th. This is likely why we saw XRP rally so hard earlier this month. But should you buy XRP now to get the airdrop? Well the risk reward is high. I expect XRP to sell off after the airdrop, and the price has already pumped by a lot. The problem is that no one knows how much the airdrop will be worth, and that there will be a lot of dumping when trading goes live. I am not pursuing this airdrop. If you do then be careful of the likely post snapshot dump.
Insurance
Insurance is a massive industry in the “real” world, but it is but a tiny baby in the…
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.
