Wealth Mastery Premium Investor Report 123

Wealth Mastery Premium Investor Report 123

In This Issue

  • My latest portfolio updates. 
  • Rebecca breaks down this week’s trending coins.
  • Erik has a report for you on the upcoming merge.
  • The team from Morningstar Ventures discusses what big money, early stage investors are doing now.
  • Jesse has a deep dive for you on Flow Blockchain.

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Lark’s Portfolio

ETH

I have exited my position in Instadapp.

This was a leveraged position on stETH, and with the ongoing fears surrounding a further depeg risk on this asset I chose to take a small loss rather than take a bigger risk.

Losing a few ETH to exit the pool sucks, but what would suck even more, and even make me lose sleep would be potentially losing the whole stack of ETH sitting in Instadapp.

About 25% of my Ethereum is still sitting in stETH.

I am happy to stake this long term. 

USDT

I also removed my USDT from Spool.

With so much stuff breaking across crypto I

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Responses

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  1. Lark, I can’t help noticing that you have exited your position in Instadapp. How did you do that?
    I have been trying to get my ETH – not stETH – out for a month or so, but there is no ETH available…
    Thanks.

    1. I could not get ETH back. I got stETH out. Took a 6% loss. It sucks, but hey at least it is a tax write off. I would rather realize the loss than continue to take the risk on Instadapp. I am still holding stETH by the way, although I did swap some back to regular ETH.