In This Issue
- My latest portfolio updates.
- Rebecca breaks down this week’s trending coins.
- Erik has a report for you on soulbound tokens.
- The team from Illuvium talks about their AAA creature based universe.
- Jesse has a deep dive for you on LooksRare.
For any crypto related questions please comment on the website.
For any support related issues please visit the website.
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Buy, Borrow, Swap & Earn Crypto with Celsius
Lark’s Portfolio
I received and sold my LUNA 2.0 airdrop. Doesn’t make up for the UST losses, but it helps.
I also claimed my Optimism airdrop, and sold it for ETH. You can check if you are eligible HERE.
I bought Bitcoin. Surprise.
A quick word on Bitcoin here as well.
The total amount of Bitcoin in my portfolio as a percentage has soared recently, and yes I have been buying more, but not that much!!!
This is largely due to altcoins fading versus Bitcoin, BTC dominance has been rising which means pain for altcoins.
Time to Sell Matic?
One other note on altcoins.
If my MATIC bags get back to a dollar during this relief rally then I may consider cutting the bag.
That would be an exit at 33X profit. Not bad.
Why would I do this?
Well, quite simply, we are not out of the woods yet.
This bear market could just be getting started and if that is the case then I would prefer to be in cash. Can always buy back in later.
And if I am wrong, and the bear market lasts for less time than expected and MATIC soars in price… well, I still made 33X… so all good.
NFTs
I bought 10 more Avarik Saga NFTs this week. Same thesis as before.
Prices are down over 25% from the first buys so thought why not add a few more.
Private Key Time
I have removed my funds from Celsius for the moment.
With so much uncertainty right now in the market I would prefer to hold my private keys versus leaving them on a centralized platform in the short term.
I will be back soon when I feel the market is getting a bit stronger.
Until then, missing out on a few months of yield in exchange for peace of mind is fine by me.
On that same note I do plan to exit Instadapp as well when I can, currently I am trapped due to withdrawal restrictions and the stETH peg being off and me not wanting to absorb the loss.
Tax Season
After a long time of having had totally incompetent accountants I finally found an accountant who really knows his stuff when it comes to crypto.
The bad news is that I had to pay more on previous years filings.
The good news is that now my taxes are finally sorted out.
This means I can finally hop on the property investment thing!
All going to plan I will likely buy my first one in a few months, at which point I will pull some stablecoins to do that purchase.
Crypto Alternatives
I also want to put more money into the stock markets this year. Especially into NZ based dividend stocks.
For two reasons.
One: they are more tax efficient.
Two: the yields are good.
👉 VIEW LARK’S UPDATED PORTFOLIO 👈
Top Trending Coins This Week By Rebecca
Here are my key takeaways from the trends this week, and the bear market continues as Bitcoin prints its 9th red weekly candle – a new record.
1 – Terra (Luna) is a…
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.
