Wealth Mastery – Issue #69

Written By
Lark Davis
First Published
October 27, 2021
Last Updated
September 5, 2024
Estimated Reading Time
50 minutes
In this article...

Welcome to Issue #69 of Wealth Mastery

DOWNLOAD THIS ISSUE AS A PDF HERE

In this issue:

Jesse has a report on the new defi player Ribbon Finance, which allows for you to earn yield on your crypto via their automated options strategies.

Defi Dad has a tutorial for you on how to earn 137% APR on Solana as well as possibly get an airdrop!

Rekt Capital discusses if history is repeating for Bitcoin.

The team from Anchor join us to discuss their massively popular stablecoin product, which allows you to earn nearly 20% APY.

I would also like to welcome our newest team members to the Wealth Mastery family!

Sam will be writing a regular column for you on NFTs. He has been in crypto since 2017 and is an experienced writer who has been red pilling on NFTs and has a great nose for finding hot collections. This week he has a report for you on Cardano NFTs.

Matt is a crypto trader and investor who has been in the market since 2017. He has a thorough understanding of the industry and runs a YouTube channel where he discusses a wide range of crypto topics. He is joining us in the capacity of a researcher, this week he has prepared an article for you on the derivatives markets.

Rebecca is joining us in the position of news compilation and analysis. She is an active investor in and out of crypto. She runs the online community Real and Ready where she compiles and shares the most relevant news happening in the markets.

ANNOUNCEMENT: I will soon be migrating the newsletter to a custom-made website and will no longer be using the Revue service which I currently use to produce the newsletters. This will likely happen within the next month. We are working to ensure the transition is as smooth for you as possible.

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 by Lark

Bitcoin crashes! Yesterday we saw a big dip for Bitcoin and a massive wash out of leverage traders with a half billion of liquidations in an hour. A reminder that leverage can be a very useful tool, but that it is also a dangerous one. Leverage should always be kept low, anything over 10X is CRAZY! And remember that late longs are often punished the hardest.

Dog coin season is back! Shiba Inu led the rally, but many other dog coins have been pumping too. I have never been much into dog meme coins, and yes, I know that some have real utility, but the market definitely loves them! They seem to trend seasonally; it’s been happening for a week or two now. Likely, the dog season will quiet down again soon.

This week on the regulatory scene the SEC has said that they are focusing in on stablecoins and how best to regulate them….

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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. 

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