In This Issue
- My latest portfolio updates.
- Rebecca breaks down this week’s trending coins.
- Erik has a report for you on 6 misconceptions about staking crypto.
- The team from Cantina Royale talks about their top-down tactical arcade shooter game.
- Jesse has a deep dive for you on Radicle Crypto.
For any crypto related questions please comment on the website.
For any support related issues please visit wealthmastery.io
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Buy, trade, and hold 600+ cryptocurrencies on Binance
Lark’s Portfolio
What I’m Buying
I did my usually DCA into Bitcoin. Plain old boring and consistent buys.
I also added a very small amount to my AVAX position, with an order to buy a very small amount more at $17, $18, and $19. Not interested buying the pump, will wait for a pullback.
I added to my JOE position, nothing too crazy, but a little bit more.
I sold some Matic into the big pump. I am a BIG fan of Matic, but I also like holding a good cash position during a bear market! I sold these coins for over 30X profit, and while I’m a long-term believer in the potential of Matic my preference right now is to move cash from crypto into cash, stocks, and eventually real estate. This was a significant reduction in my position. I sold around ⅔ of my Matic this week.
Reminder too that my ETH trade is still open, at least at the time of writing. I write this on Thursday morning so maybe something happens between now and then. I have a sell order in at $1,800 from my purchase price of $1,100.
Take It Slow
Everything I am doing right now is slow.
I have set aside a good chunk of cash in stablecoins that I will use to deploy into crypto during the bear market. I have a small amount of cash sitting on Bybit to catch the occasional trade.
The most important thing for me right now regarding my crypto portfolio is to not blow out my cash position too quickly. The same applies to my stocks too, just the usual weekly boring dollar cost average into some dividend stocks. The same applies to my eventual property purchase, no rush here.
The bear market is a great time to accumulate assets at good prices, but a common mistake that investors make is to rush into it with their capital.
If you have been reading this for the last few months you would see that in general, I have been quite conservative with my deployment of capital into crypto. My biggest mistake in that time was breaking my own rules and deploying too much capital during the big relief rally in April into coins like Moonbeam and Rose.
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Top Trending Coins This Week By Rebecca
Here are my key takeaways from the trends this week, and there’s been a shift in sentiment – providing some relief – even if only temporary.
1 – Evmos is an EVM on the Cosmos network that’s deploying an airdrop of the EVMOS token, with $150M worth of tokens still unclaimed.
2 – Polygon is an L2 Ethereum scaling solution that’s been selected to participate in Disney’s 2022 Accelerator Program, focused on furthering Web3 experiences. Combined with the tentative date for Ethereum’s merge, MATIC has increased 200% from its recent lows.
3 – Ethereum developers have announced a tentative date for the launch of the merge,…
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.
