In This Issue
- My latest portfolio updates.
- Jesse has a deep dive for you on Mask Network.
- David compares Ethereum and Cardano.
- Sam has a report for you on Renga NFTs.
- Rebecca breaks down this week’s trending coins.
For any crypto related questions please comment on the website.
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Buy, trade, and hold 600+ cryptocurrencies on Binance
Lark’s Portfolio
This Week’s Moves
Quiet one this week. No moves to report. None of my buy orders were filled, although a few came close. Been focused on life stuff and creating content and not so much on my portfolio.
Bought a little BTC around 22k.
I had some of my stablecoins sitting in BUSD off of Binance. I swapped them to USDC… just in case…
Remember Why You Are Here
At the end of the day, all crypto investors share one thing in common. We are here to make money. Period.
Sure the tech is cool… That is why it will make money.
Yes, the communities are exciting… that is why a coin will pump. If you want to be a member of a coin’s community then you do not need to invest your life savings into the coin. Plus linking your identity to a coin will lead you to being emotional, which leads you to failing to take profits, which leads you to losing all of your money instead of making millions.
Never forget that the vast majority of these coins will go to zero.
The majority of token models suck. That being said, most tokens will pump like crazy when a narrative wave starts. You either sell into that bubble or ride it back down to nothing.
Fundamentals are “important”, but they only get you so far in crypto. Never forget this meme.
Because it is absolutely true. Remember two of the top twenty coins are dog meme coins.
Also, keep in mind that big fancy hot tech is great. But most people will never understand it. They want something simple to use. They want something tangible. This is part of the reason why monkey pictures became so popular but then some super tech-heavy blockchains that do really impressive things languish in relative irrelevance.
Simple ideas sell.
Remember too that long-term investing in crypto has yet to be proven. Our oldest coin, Bitcoin, is barely a teenager. Most BTC holders have only held it for a few years at max. Most coins are flash in the pan, one pump or one cycle and dead kinds of things.
This is not to say that fundamentals don’t matter, because they do. But flexibility remains key in this market. Watch for new narratives. Watch for where the attention flows. Because that is where the money will flow.
Point in case, AI coins. Some of them are actually pretty legit and doing interesting stuff. But those fundamentals didn’t really mean shit until ChatGPT created the hype and the narrative for these coins to pump. The fundamentals of these coins have not changed in the last 6 weeks. Just the hype.
Hype beats fundamentals in most cases and fundamentals with hype equals pumpamentals.
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
- Bitcoin $20,000
- Rose…
