Sunday, August 14, 2022

Is Dollar-Cost Averaging Suitable For Crypto Index Funds? | Ewpple

 

Ewpple | Income For Life

Ewpple - Is Dollar-Cost Averaging Suitable For Crypto Index Funds?

"You don’t want to hesitate to get in the market trying to have perfect timing; instead, use dollar-cost averaging and know that volatility can be your friend.” - Anthony Robbins

You can use Dollar-Cost Averaging (DCA) for...

  1. Investing in high-quality, consistent long-term returns, broad-based index funds, like Ewpple DeFi Crypto Index Fund EWD.
  2. Building wealth through multiple, affordable investments.
  3. Developing a habit of saving regularly.
  4. Investors who lack the investment analysis skills to time the market and invest.
  5. Taking advantage of the market's recovery without missing out.

Ewpple DeFi Crypto Index Fund (EWD) gained +19%.
Benchmark index loss -1% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

To learn more about Dollar Cost Averaging and how it can help you accumulate wealth, please contact me.

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Monday, August 08, 2022

Crypto Market Insight Aug 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight Aug 2022
  • The Bitcoin (BTC) price has crossed $23K in the last 2 weeks, forcing miners to fire up their rigs despite soaring electricity costs.
  • Ethereum's (ETH) co-founder Vitalik Buterin argued, centralized stablecoins might be a "significant" factor in determining which blockchain protocol the industry will "respect" in Ethereum Merge hard forks.
  • As cryptocurrency market volatility continues, 40% of U.S. investors are buying more crypto. 1/5 of investors reported investing less in crypto, while the rest said they did not make any changes.
  • Thailand's Central Bank BOT announced on Friday that it will test central bank digital currency (CBDC) by 2022 or 2023. CBDCs have already been launched in the Bahamas and Nigeria, with 87 countries considering issuing them.
  • A US Senator's office is reporting that the Securities and Exchange Commission (SEC) is investigating every crypto exchange. Furthermore, the SEC is investigating Binance Coin's (BNB) 2017 ICO and Coinbase's unregistered securities listing.
  • The US Bankruptcy Court has approved Voyager Digital's return of $270M in customer funds. Separately, Voyager rejected FTX's acquisition offer as too low.
  • Ledger, a manufacturer of hardware wallets, is seeking to raise at least $100M. The liquidity issues facing crypto companies have caused individuals to turn to self-custody solutions over centralized platforms.
  • After being hacked and losing $190M, Nomad has recovered $22M. Again, the attack highlighted the importance of securing cross-chain bridges.

Ewpple DeFi Crypto Index Fund (EWD) gained +15%.
Benchmark index loss -6% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

Please do not hesitate to contact me if you are interested in building wealth.

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Sunday, July 31, 2022

Are Crypto Index Funds A Good Investment Right Now? | Ewpple

 

Ewpple | Income For Life

Ewpple - Are Crypto Index Funds A Good Investment Right Now?

"The ideal way to dollar-cost average is into a portfolio of index funds." - Benjamin Graham

  • Objective | Learn how to make money using Dollar-Cost Averaging.
  • In light of the current market conditions, when is the right time to enter the market?
  • There is no need to time the market.
  • In Dollar-Cost Averaging (DCA), an investor buys a fixed dollar value of index funds periodically (e.g. monthly).
  • The purchases must be made at regular intervals regardless of the asset's price or market conditions.
  • The DCA strategy eliminates the uncertainty of trying to hit the right price at the right time.

Ewpple DeFi Crypto Index Fund (EWD) gained +13%.
Benchmark index loss -5% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

If you are interested in Dollar-Cost Averaging (DCA) for making money, please do not hesitate to contact me.

Please click here to view the disclaimer.

Sunday, July 24, 2022

Crypto Market Insight Jul 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight Jul 2022
  • Global crypto market cap reached $1T, resulting in investors liquidating >$165M of short positions.
  • Bitcoin (BTC) funding rates returned to neutral after the price of Bitcoin broke above $23K during a relief rally.
  • In Q2, Tesla sold 75% of its 42K Bitcoin (BTC) holdings worth $936M to maximize its cash position. Tesla may increase its crypto holdings in the future.
  • With Ethereum's (ETH) utility as a smart contract platform, Blockdaemon believes Ethereum will remain a leader in the crypto ecosystem after the Merge upgrade in September.
  • Ethereum-based decentralized crypto exchange, Uniswap's (UNI) price gains are fueled by a new Robinhood listing.
  • Decentralized finance (DeFi) protocol, Balancer (BAL) and AAVE DAO (AAVE) exchanged 16,907 AAVE tokens for 200,000 BAL tokens. By swapping $1M Treasury tokens, both protocols will become major holders of each other's tokens.
  • $2B SkyBridge and $230M Legion Strategies funds under Anthony Scaramucci have frozen redemptions. SkyBridge's assets consist of about $500M in Bitcoins (BTC).
  • In response to financial difficulties associated with Celsius Networks and Babel Finance exposure, Singapore crypto exchange Zipmex has halted withdrawals.

Ewpple DeFi Crypto Index Fund (EWD) gained +4%.
Benchmark index loss -13% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

I can answer any questions you have about building wealth.

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Sunday, July 17, 2022

Can Crypto Index Funds Generate $1,000 Monthly Income For Life? | Ewpple

 

Ewpple | Income For Life

Ewpple - Can Crypto Index Funds Generate $1,000 Monthly Income For Life?

“If you do not find a way to make money while you sleep, you will work until you die.” - Warren Buffet

For a lifetime passive income of $1K per month, follow these steps:

  • Set aside the following amount each month based on your age.
  • $345 /month for someone age 30, $552 /month for age 40, and $1,025 /month for age 50.
  • Make monthly investments in long-term consistent return funds, such as Ewpple DeFi Crypto Index Fund (EWD) with the Dollar Cost Averaging strategy.
  • Invest until you reach the retirement age of 65.
  • Upon retirement, sell the fund monthly according to the amounts below.
  • $2,402, $1,871 & $1,457 for investment starting age 30, 40 & 50 respectively.
  • You can cover your living expenses through sales.
  • Regardless of the market conditions, do not undersell or oversell.
  • You can live off the fund until you are 90 years old.

Ewpple DeFi Crypto Index Fund (EWD) dropped -4%.
Benchmark index dropped -20% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

Feel free to contact me if you would like help developing passive income.

Please click here to view the disclaimer.

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