Welcome to Issue #29 of Wealth Mastery
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In this issue:
I discuss some high quality low market cap altcoins that you may want to have on your radar if you are looking for new opportunities.
I also share some thoughts on why investing in EV stocks could be a big money maker this decade.
Jesse has an in-depth report for you on Certik, one of the biggest auditing firms in the crypto space.
The team from Linear Finance join us to discuss their synthetic asset platform.
Rekt Capital has a fantastic break down on the altcoin cycle. Great read!
Defi Dad shows you how to easily yield farm using Zapper!
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
Ethereum has hit a new all time high this week, YAY! About damn time! This may in part at least be due to the CME Ethereum futures launching on February 8th. However Ethereum is performing very strongly this market cycle in all the metrics except for price. Users, applications, developers, and volume settled on chain are all up! Money flowing into Ethereum is a good sign for the altcoin market overall. Altcoin gains have been making substantial gains in the last week. This is likely to continue for some time. But since we can’t predict the future remember to take profits from time to time.
Bitcoin is consolidating. This is very healthy and certainly nothing to worry about. It is “taking a breather” after the big run up. The big 28% drop, followed by an extended consolidation period completely fits in line with previous Bitcoin cycles.
The IMF has come out with a message for world governments, “spend, and then spend some more”. These are the exact factors which will keep money flowing into Bitcoin for years to come. Inflation is likely to be a very serious issue for investors for the next few years.
Gemini joins a growing list of major crypto companies including Coinbase, Blockfi, Bakkt, and Etoro which are considering going public. I expect this to be a big trend and that we will also see companies like Ledger and Kraken announcing IPOs. I personally think that all of these will do very well during the bull market. Source
Former Ripple CTO may lose 220 million worth of Bitcoin unless he can remember the password for his encrypted hard drive. He has 2 guess left!!! Sounds stressful. Source
This lady found an old Bitcoin from 2013, great case of an accidental hodler and also makes a strong case for long term holding! Watch Here
Promising Low Caps
As we see altcoins starting to make big gains again here is a short list of what I believe to be high quality altcoins with low market caps have the best…
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.
