Welcome to Issue #44 of Wealth Mastery
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In this issue:
I share my thoughts on Ark’s new space ETF and whether it could be ARK’s next “golden” ETF play.
Jesse has researched 5 high-potential cryptos on Binance smart chain for you. He’s also got a report on the trading platform called Kattana.
Rekt Capital has prepared the latest market analysis looking specifically at altcoins.
Defi Dad has a report on how you can make 20% on your Ethereum by providing liquidity.
Hashoshi has an got article for you on NFTs, discussing whether they might be a threat to artists.
The team from Near Protocol join us for an interview to share about their fully decentralized, community-controlled layer-one blockchain protocol and smart contract platform.
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 email with your comments or questions.
The Big Recap
Say good bye to fundamentals! The market is over flowing with irrationality right now. The Dogecoin pumps were the first signs. The Safemoon Ponzi was the next. Now Ethereum Classic is pumping again. This is a chain with almost no users, abysmally low daily transactions, and almost no applications, and which is so weak that is has been successfully 51% attached multiple times. And yet, this week it has been pumping. The only logical reason I can think is that it is one of the 7 cryptos listed on Robinhood along with Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Litecoin, and Ethereum. Are we really at the stage in the market where people are buying Ethereum Classic because it is the “cheaper” Ethereum? Nothing wrong with trading ETC, but as an investment… not keen. I feel the same way about Dogecoin. Be careful out there and remember to not fall in love with random coins that you were only intending on making quick trades on.
Old men trashing Bitcoin. Recently Bill Maher, Charlie Munger, Warren Buffet, and Nassim Taleb has all come out trashing Bitcoin. I bring it up here as a reminder to be careful who you listen to and to always think for yourself. Just because someone is famous does not mean that they should be listened to. Remember, Paul Krugman, the Nobel Prize winning economist, said in 1998 that “by 2005, it would become clear that the Internet’s effect on the economy is no greater than the fax machine’s”. Krugman is also a Bitcoin hater, no surprise there. Bill Maher is a “comedian”. Charlie and Warren are good at one thing: picking boring stocks with low yields. They both missed the majority of the biggest highest earning tech stocks. They didn’t even buy stocks like Amazon until 2019 and Apple until 2016!!! These guys have literally spent the entire…
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.
