Welcome to Issue #54 of Wealth Mastery
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In this issue:
I share information about the most recently announced crypto SPACs.
Hashoshi shares 3 hot Cardano-based projects you should keep an eye one.
Jesse has a report on Solana defi protocol Serum, and examines what makes Serum worth paying attention to.
Rekt Capital discusses a range of big cap coins and what their next move could be!
Defi Dad is sharing how you can earn 50% ROI using insurance protocol Bridge Mutual.
The team from dTravel join us to discuss how they are disrupting the travel industry.
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
Bitcoin is continuing to range sideways. It seems like forever now. Bitcoin has officially become boring! Thankfully, Bitcoin is not the entire market. There has still been a lot of action and opportunity to hop into!
This week saw another major hack take place. This time it was Chain Swap which is a bridge protocol between BSC and Ethereum. Many tokens were affected. 2 days later Anyswap was hacked. There have also been a smattering of smaller project hacks and or rug pulls. This serves as a reminder than anytime you do almost anything in crypto there are risks. Investing in altcoins is risky. Investing in altcoins that operate in defi is riskier. Investing in altcoins that operate across multiple chains is riskier yet again. Yes, the rewards are sweet, but never forget to keep the downside in view.
Richard Branson has made it to space! Cool! He went up on the inaugural Virgin Galactic space flight. Right now, Virgin Galactic is one of the few pure space plays in terms of investing. You can watch the video HERE.
US Senator Elizabeth Warren has given an ultimatum to the SEC to start regulating crypto, or more specifically to determine their role in crypto regulation. Regulation is a dirty word to many, but realistically the whole industry is heading in that direction. The question is not if we will be regulated or not, but if regulators will get it right!
A Tale of Two SPACs
In the last week we have seen some very big announcements around two new crypto SPACs. A SPAC is a Special Acquistion Company, which is basically a stock exchange listed pile of money looking for purpose to its existance via a merger. Both Circle and Block One’s crypto exchange Bullish will be coming to market in the near future via SPACs so I wanted to examine these SPACs for you and see if either of them merit our attention.
BULLISH is the newest idea from the team at Block One. After their block buster ICO in 2017, which raised 4 billion dollars, the team is back,…
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.
