In This Issue
- My latest portfolio updates.
- Rebecca shares her thoughts on what could be the Fed’s final rate hike, Bitcoin breaks new ATH, Biden’s Bitcoin climate change tax, the crypto exchange exodus & the SUI launch.
- Altcoin Alpha by David.
- Airdrop of the week by Jesse.
- Jesse has a deep dive for you on whether or not SUI Network is a scam.
- Web3 Academy has an article about how OKAY Bears has turned into an advertising powerhouse.
- Sam has a report for you on 5 top gaming NFT projects.
- In case you missed it by Rebecca.
For any crypto related questions please comment on the website.
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Lark’s Portfolio
Buys and Sells
Bitcoin buy order put in at $25,100. Will remove when Bitcoin crosses over $30,000. The idea here is that if there is a breakdown in the price of BTC this will be a major line of support. As it is a previous zone of key resistance. It would however be a breakdown of the range if it did happen. I largely only see this happening if equity markets fall apart. Kind of hoping it doesn’t get filled 😄
I added a little more ARB on spot at about $1.35.
I added a little more SPOOL at 79 and 85 cents.
House Keeping
Remember when I said I was looking to clean things up a bit?
Well… I finally got out the broom.
I sold some GF from my venture investment.
I sold some KASTA from my venture investment.
I sold some MV from my venture investment.
I also sold some CERE from a venture investment. This is the final tranche from that round and I have removed it from my disclosures list. I did the same for ZONE.
I exited my position on Decimated. The game I still think looks really cool, but the company has been running into all kinds of problems including a potential loss of a big portion of its dev fund in Huobi. Not loving it. Big loss on this one for me.
I have also exited my position on Holoride. I still think this is a very cool idea, but the liquidity on this and the daily trading volume have almost completely dried up. I will take the cash.
I have totally written off Polygunum, Blockchain Space, Avocado Dao, Refineable, Quidd, and Breeder Dao.
dTravel, Moonbeam, IndiGG and Push I am removing from my disclosures as I am pretty sure there are no more tokens to receive from there. Or if there are, they are of inconsequential value.
I sold my WVRP NFTs. There will be a big loss here. Might as well get a tax loss harvest instead of holding onto these. They are cool and all, but would rather reduce next year’s tax bill.
I also exited my ILV ETH liquidity position. The 12 month lock up on rewards is no longer very desirable considering where we are in the cycle. I sold part of the ILV from the liquidity pool and added some to my portfolio as I am bullish on the game.
After giving it a lot of thought I have decided to fully exit my EFI position. Might come to regret that later, but I have really gone off the whole NFT infrastructure narrative. Would rather have the cash at this point. Plus the liquidity has become terrible for this coin. Exiting the position was not easy, and my total size of this coin was not even that big.
I sold my Acala and…
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.
