In This Issue
- My latest portfolio updates.
- Rebecca breaks down this week’s trending coins.
- Sam has a report for you on Cool Cats NFTs
- Jesse has a deep dive for you on Aptos.
For any crypto related questions please comment on the website.
For any support related issues please visit wealthmastery.io and click the bouncing blue circle in the bottom right corner.
👉 DOWNLOAD THIS ISSUE AS A PDF HERE 👈
Buy, trade, and hold 600+ cryptocurrencies on Binance
Lark’s Portfolio
This Week’s Moves
I added a little Bitcoin around $19,500 and AVAX at $16.20.
Moonbeam has been getting SMASHED during this bear market. Down bad. If it gets much worse I might consider adding some more coins. I still think that Moonbeam will be big next bull cycle.
I minted 13 Nyan Hero guardian mech suits as an airdrop for Nyan Cat NFT holders. I am holding these for now.
I sold some CRT and GUILD tokens which I received as part of an early stage investment.
In Search Of A Bottom
Is the bottom in? That is the million-dollar question right now in the markets and here is the simple answer. No one knows. We all have our guesses and models and ideas, but when it comes down to it we are all simply speculating on future events.
There is of course a chance that $17,600 was the cycle low. But, most market participants are calling for lower lows to come. And considering how slavishly Bitcoin has followed equity markets this seems plausible.
At this point, the contrarian idea is that the bottom is in. Only a few dare to whisper of such an idea. Largely because the macro scene remains so aggressively bad, this is one of the worst years for stocks, bonds, and real estate on record, as well as being terrible for crypto.
So how to play this?
- Set bids and chill. Putting in bids for your favorite coins at crazy low prices like Bitcoin at $14,000. Maybe they get filled. Maybe they don’t.
- Accumulate. Bear markets are times to stack up on coins at a discount. Just keep in mind that not all coins will make it so be careful not to take on too much risk!
- Wait. You actually don’t need to be trying to do a lot right now. You can just wait for a confirmation of market reversal. Sure, that will be far from the bottom, but insane gains can still be had.
- Keep hustling. Realize that you can be trading every day. That there are airdrops to claim. There are NFTs to mint and flip. There are yields to farm. So many people get so obsessed with when the market will bottom that they miss the opportunities here, now.
- Or, you can just wait to buy the top next cycle and then sell the next bear market bottom. Jokes, jokes, jokes!
At the end of the day, we must understand that it is not necessary to perfectly catch the bottom. 99.9% of the money made in this market is between the top and bottom. Almost no one perfectly buys the bottom and sells the top.
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
- ROSE $0.05 and $0.045
- Bitcoin $18,000, $17,000, and $16,000.
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,…
