There has been so much happening in the markets in the last week it is dizzying! So many crypto are pumping, and new projects are being launched faster than at any time since the ICO boom. So before we begin the newsletter today I wanted to give a quick reminder. You do not need to chase every new coin, you do not need to take every trade, you do not need to always be plugged in. Find your winners, and press them hard. Learn to cut your losers. And remember to have the patience to let your plans play out .
In this issue I share the latest news and upcoming market moving events, and I also sat down with the founder of Elrond.
Rekt Capital share hot analysis on the crypto market looking at Bitcoin, Ethereum, Digitbyte, Stellar, Cartesi, and Kyber!
Defi Dad helps you answer the question “Is Defi for me?”
Forrest discusses the much hyped upcoming Polkadot.
Jesse drops a research report on the much hyped Defi Money Market.
A quick reminder that all research and market analysis is provided for educational and informational purposes, and should not be considered as financial advice. You are ultimately responsible for your investments and trades, and they should only ever be entered by those who understand the risks, are willing to lose their entire investment, and properly understand how to manage their risk.
Also every issue will contain more information, tips, hints, and analysis than you can make use of. Wealth Mastery is a tool, you are the craftsman. We are not a signal or pump group, we are a tool shop, you decide what information shared here has value to you or not.
Highlights Of The Week & Important Events
The big story of today absolutely has to be the scammers striking again!
Major Twitter accounts ranging from Binance to Coinbase to Jeff Bezos and Joe Biden have been hacked by the infamous send me 1 Bitcoin I will send you 10 back scammers. This combined with the relentless scamming on Youtube which even now sees ads bypassing Google’s “strict” policies have seen the scamming reach a dangerous crescendo. It is hard to say how the big tech companies will react, but this cannot go on for much longer. MAYBE social media platforms will finally pay some attention to the proliferation of scams that have been infecting the platforms for more than 2 years. HOWEVER millions of people around the world are about to hear about Bitcoin again, and it is not going to be anything good that they hear. That being said it will certainly force a conversation on the topic, just not the one we want.
The next big news story that we all need to keep our eyes on is the developing market situation in the USA. With earnings reports coming in this week we could see some big bumps in the equity markets which usually spells trouble for the crypto markets. To an extent I believe a lot of this is already priced in, but we could still be in for some surprises. Even though the stock markets are continuing to rise, so the is the the VXN which is an indicator of rising concerns that we could see big volatility coming to the equity markets.
This is just as a reminder that the party can end very quickly so always practice solid risk management strategies.
But with the S&P 500 forming a golden cross we could be in for more good times in the stock markets, economy be damned! And remember a bullish stock market is good…
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.
