Wealth Mastery – Issue #3

Written By
Lark Davis
First Published
July 22, 2020
Last Updated
September 5, 2024
Estimated Reading Time
26 minutes
In this article...

Welcome to Issue #3 of Wealth Mastery

Welcome to issue #3 of Wealth Mastery in this issue I discuss the key highlights of the week, as well as share some cryptos to keep an eye on. Unfortunately there will be no AMA this week as Bancor had to pull out at the last minute. Apologies. Forrest gives you some timely and practical reminders about keeping our crypto safe. Heidi tells you what you need to know about passing on your crypto after you die. Jesse has a research report for you on the new and much hyped BZRX token. And Rekt Capital shares the hottest and latest technical analysis on Bitcoin and other promising cryptos.

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.

Highlights Of The Week & Important Events

The crypto markets are continuing to pump like crazy this week! I know that it can be easy to get caught up in the excitement but it is important to remain calm during these times and continue to invest and trade based on rationality.

While there is a lot of money to be made very quickly during this time, there is also a lot of money to be lost very quickly. So instead of running wildly from pump to pump, take a step back and breath. Think critically about the most efficient methods to deploy your capital, just because there is a lot of euphoria in the market does not mean it is time to act irrationally.

And I wanted to point out as well that if you are having trouble keeping up with all the new DeFi innovations that are launching seemingly on a weekly basis, you are not alone. I feel your pain. This is insane right now. We went about a year with only a dozen or so new launches. Then in the last month we have seen dozens, many more than we have seen in the last year combined. Be cautious of the FOMO and Hype sweeping over the market. AND also understand that as long as the market keeps trending upwards this will continue happening. You ain’t seen nothing yet!! We are just getting started.

Also in addition to the CRAZY truck load of new cryptos launching a lot of the cryptos which have been around for a while are pivoting into defi and “coming back from the dead” and others are really getting momentum building behind them. Just look at AAVE! Many including myself missed out on buying it because it was already up 20x or something like that. More recently I stubbornly decided not to buy band at a 50 million market cap only to watch it double two days later! Quality cryptos are going to do well long term, that is just a simple fact. So don’t be afraid to buy a crypto that is up from its bottom, there are still gains to be made. On that note watch Mainframe, they have just done a defi pivot.

RISE OF UNISWAP

A topic I wanted to discuss with you is the rise of Uniswap and of the Uniswap initial liqudity offering. Many of the…

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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. 

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