Welcome to Issue #45 of Wealth Mastery
DOWNLOAD THIS ISSUE AS A PDF HERE
In this issue:
I share a quick guide on how to use Nexus Mutual.
I also have some information for you on earning good yields with your Ethereum.
Defi Dad has a tutorial on how to earn big using SushiSwap.
Rekt Capital has some excellent altcoin set ups for you with a lot of coins getting ready for some big moves!
Jesse has a report on the hot new Ethereum infrastructure play EPNS.
The team from Covalent join us to discuss their crypto indexing service.
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
The market is currently taking a hit on the back of the news that Tesla will stop accepting Bitcoin for payments for cars. They cited environmental concerns in their statement. Tesla has said that it will not be selling its Bitcoin. This understandably sent the market into a downward move. Bitcoin does need Tesla to accept Bitcoin. The energy conversation is also one which is widely misunderstood, see my recent video “Bitcoin is a Disaster [Debunked]” to understand more on the topic.
Ethereum hit new all time highs again this week. It has been a crazy run for Ethereum. The pump this week was propped up at least in part by the fact that Van Eck has filed for an Ethereum ETF application in the USA. Canada currently has 3 ETH ETFs. It is worth noting too that Canada listed the Bitcoin ETF before their ETH ETFs. Currently there are about 10 BTC ETF applications sitting with the SEC in the USA. Only a matter of time before one gets approved.
Dogecoin the king of meme coins has been pumping like crazy this last week due to the anticipation that Elon would talk about Doge on Saturday Night Live. And he did, BUT that was actually the sell off event, from those who had bought the news. Apparently SpaceX accepted dogecoin in payment to launch a satellite named doge1 to the moon this week as well. Reality can sometimes be stranger than fiction. I did want to make a quick comment on survivor bias when it comes to the flood of meme coins on the market. These hype driven coins with no fundamentals can and do make insane gains for some people, but most people will end up losing their shirts on these “investments”. Because let’s keep it real buying dog related meme coins isn’t really investing, it is gambling. Everyone wants to be the guy that invested $60,000 and made 2 billion. Yes, that really happened with one Shiba Inu coin investor. But 99 out of 100 will lose their shirts on meme coins. On the bright side Vitalik Buterin the founder of Ethereum had been sent a massive amount of these coins which ended up being worth…
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.
