In This Issue
- My latest portfolio updates.
- Rebecca breaks down this week’s trending coins.
- Erik has a report for you on Trader Joe’s new AMM: Liquidity Book.
- The team from Unstoppable Domains discuss NFT domains.
- Jesse has a deep dive for you on Dogecoin vs. Shiba Inu.
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
This Week’s Moves
I added more Bitcoin at $19,850.
I added more AVAX at $19. Getting close to filling that buy order at $17.
I added more ROSE at $0.065. Buy order still open for 5 cents. I wonder if my buy order at 5 cents will get filled by the time you read this?
I added more CRV based on a future value accruing towards the coin over the upcoming stablecoin. I staked it in the CVXCRV pool to earn 15% APY while I wait.
I would like to stress that these purchases are small. I am not going all in on any of these. Just nibbling. I still see significant risk in global markets and we could still be in for a rough ride so I am playing it slow now.
OP Trade Fail
Last week I entered a short-term trade on Optimism with an entry at $1.13 and a stop loss coming in very tight with a trigger at $1.10 and a limit order at $1.09.
This was too tight and did not allow the trade the room it needed to breathe.
Inevitable this was stopped out and I lost. And while OP has since returned to these price levels it did indeed get a decent break out based on my initial thesis of a move out from the overall downtrend in the short term.
The failure came in execution with a stop loss that was too close. Had this trade not been stopped out early then I would have been able to move the stop higher as the price went from the initial entry point up to $1.30.
Gold And Silver
I bought some more gold and silver this week.
I know that as far as investments go they do not have very awesome performance. But I like the diversity of metals. I like having physical metals on hand.
The one thing I do not love about metals is that they provide no cash flow. But, this is why my total investment in metals remains a very small percentage of my overall portfolio.
I have much much more invested in dividend stocks for example. This is because these assets do provide cash flow. Maybe it is old-school thinking buying metals? But, I still like it 🙂
Open BUY and SELL Orders
(NOTE: You should never blindly follow my moves. I share these for educational purposes, not as signals for you to trade on)
BUY
- AVAX $17
- ROSE $0.05
SELL
- TVK $0.10 – This will be the final cut from my moon bag
👉 VIEW LARK’S UPDATED PORTFOLIO 👈
Top Trending Coins This Week By Rebecca
Here are my key takeaways from the trends this week, and the meme coins are still running hot, just like inflation.
1 – Rick Quack is a meme coin on the BNB Chain that’s partnered with CoinBrain, the next-gen research platform for crypto traders. The QUACK token has also been listed on SWFT Blockchain and the team is also hosting weekly competitions giving away $500.
2 – GMX is a DeFi perpetual exchange that’s seen Arbitrum successfully launch its Nitro…
