Welcome to Issue #32 of Wealth Mastery
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In this issue:
I share some alpha on how to find undervalued defi protocols.
I also share some tips on how to get into token sales.
There are also 2 new token sales on this week.
Jesse has a report on the defi protocol KeeperDao and invesitgates whether the hype lives up to the reality.
Defi Dad has a new defi opportunity for you with 280% APY!!!
Forrest has a review for you on a powerful VPN that you may want to consider if you are looking for a VPN.
Rekt Capital shares his thoughts on the altcoin cycle and its potential.
The team from Cresco Finance joins us to discuss their defi banking platform. This is definitely a very interesting company so make sure to read the interview.
The team from Into the Block join us to share some on chain analysis and market insights.
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
Well, I know it has been talked about everywhere, but the big news this week is that Tesla added 1.5 billion in Bitcoin to their balance sheets. It is hard to understate what a big deal this is for the entire crypto economy. The world’s richest man directed his company to put 7.7% of their cash reserves into Bitcoin. One thing that does strike me about all of this corporate fomo with Bitcoin is that these institutions are criminally under exposed to Ethereum. but not all institutions. Last week saw Grayscale buy over 100,000 ETH on behalf of clients before the CME futures launched. And in spite of the fear mongers online the CME futures did not crash the market. In fact the CME futures seem to have been a bullish spark for Ethereum.
All of which just underlines that big money is in charge during this bull run. Which means that we will pump a lot higher than you can probably imagine right now. It will be one hell of a wave to ride. How long will it last? Hard to say for sure, I will make a video on the topic soon. But one thing is for sure no matter how high the market goes no profits will be made until you hit the sell button. You know the mantra “take profits”!!!
Defi is continuing to go insane right now! Major protocols have all seen incredible rallies, but some are still undervalued. The total value locked in defi can make for an interesting metric to watch. This has now passed 39 billion, probably will hit 40 by the time you are reading this.
Here’s some alpha for you. Look for platforms with low market caps and high total value locked. This is one of the reasons I called Badger Dao in issue #29. At the time it was $16 it is now $90. And what is crazy is that the total value…
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.
