Welcome to Issue #58 of Wealth Mastery
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In this issue:
I share some low cap coins to have on your radar.
The team from Theta join us to discuss their move into the NFT space.
Hashoshi breaks down Ethereum’s EIP 1559.
Jesse has a report for you on the music streaming service Audius.
Rekt Capital shares some hot altcoins to keep an eye on!
Defi Dad shares how you can earn 46% APY on Maple Finance.
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 US infrastructure bill is without a doubt the biggest news story in crypto right now! I have covered it extensively on my channel, but in short it would be a big blow for the USA’s innovation lead in the crypto sector by implementing onerous rules on users and developers. The bill has passed the Senate and is now moving to the House. I will keep you posted on its progress.
More Binance drama as the Binance US CEO resigns, and Binance moves to stop derivative trading in Hong Kong. I still use and I am a big fan of the Binance exchange, but I thought with all the drama playing out it is time for a reminder. Exchanges are not banks! I know a lot of us treat them like banks and leave big amounts of crypto on them, and use them for staking and other services. I get it, it’s easy to do, a one-stop shop. But remember: not your keys – not your coins. Aside from money I am trading with, I keep all of my crypto in wallets I control the keys to.
NFT fomo continues to heat up with people literally buying NFT pictures of rocks for hundreds of thousands of dollars. There has also been a flood of knock-off NFT projects like Fast Food Punks, which is basically Crypto Punks with McDonald’s hats. The rush to cash in on NFT is big right now. We are starting to see NFT rug pulls, scams, intense speculation, garbage copy and paste projects, and even the euphoria is getting so high that Open Sea has crashed a few times!
That being said, new collections are popping up all the time, and NFTs are not going anywhere, even if the market is getting a bit overheated, there is a lot of opportunity here. So here are a few collections that you may want to look at if you are chasing the NFT hype train.
World of Women is a collection of 10,000 women with slightly different attributes and rarity. The collection has seen the price floor 4x in a week. But at around 1 ETH each the collection is worth a lot less than others.
Fluf World is a collection of rabbit-themed NFTs. Much like other popular collections, it features rarity and slight variations for each rabbit. Still pretty early, although prices have risen fast. Pretty…
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.
