Weekly Action Recap

Your action recap for the week of May 24th, 2020

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Dear Crypto Natives,

I’m bullish.

Hard not to be when we’re seeing all-time-high usage. (Seems you’re feeling bullish too.)

We’re also seeing new money protocols emerge on the regular. We’re seeing crypto finance swallow traditional finance. We’re seeing advances in cryptography tech—these are CPU upgrades to the world’s economic computer.

If you’re feeling bullish too remember that time in the market beats timing the market.

When crypto moves, it moves violently. A handful of crazy up days are responsible for the bulk of crypto gains. You want to be in the market those days—not miss them by trying to perfectly optimize your timing. Make sure you have a strategy.

And do some relaxing this weekend—cause next week’s gonna be 🔥.

Monday we’re dropping a podcast ep with the Winklevoss Twins! We straight up ask—will Gemini be our DeFi friendly bank or should we wait for another? 🔥🔥🔥

Til then, let’s recap.

- RSA


🙏Sponsor: Aave—earn high yields on deposits & borrow at the best possible rate! 


Recap for the week of May 24th, 2020


🎙️WEEKLY EPISODE

Listen to episode 13 | iTunes | Spotify | YouTube | RSS Feed


SCHEDULE RECAP:


ACTIONS RECAP:

  1. Execute any good market opportunities you saw in Market Monday

  2. Complete weekly assignment: try Tornado for anonymous transactions

  3. Listen to Episode #13: DeFi’s Mainstream Wallet

  4. Use a Liquidity Order to profit when stablecoins they rise above $1

  5. Learn—how can Maker be used as a global credit system?

  6. Learn—the three ways fancy cryptography can scale DeFi

  7. What do you think—are we about to enter a bull market?


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Aave is an open source and non-custodial protocol for money market creation. Originally launched with the Aave Market, it now supports Uniswap and TokenSet markets and enables users and developers to earn interest and leverage their assets. Aave also pioneered Flash Loans, an innovative DeFi building block for developers to build self-liquidations, collateral swaps, and more. Check it out here.


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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.


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