Sunday, November 20, 2022

Crypto Market Insight Nov 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight Nov 2022

Current Situation
As a result of the FTX collapse, the crypto market crashed. For the time being, the market will remain weak due to contagion from the collapse.
The inflation rate declined to 7.7%, below market expectations of 8%. Future Fed fund rate increases will be smaller if this downtrend continues.

Economic Data
US Oct Inflation Rate 7.7% vs Fed target 2%.
US Oct Unemployment Rate 3.7%.
Fed Funds Rate 4%.

Crypto News
Temasek Holdings, the Singapore Sovereign Wealth Fund, is the single biggest victim, as it loss all US$275M in its FTX investment. FTX's meltdown affected BlockFi, Genesis Trading, Hbit, and HK AAX as well.

Investor Action
While serious, the FTX-induced crash won't doom the entire crypto market. Through the Dollar Cost Averaging strategy, long-term investors can invest periodically in major crypto and DeFi tokens. Always store purchased tokens in a non-custodian wallet, like Metamask. A wise way to invest is through index funds, like the Ewpple DeFi Crypto Index Fund (EWD).

Ewpple DeFi Crypto Index Fund (EWD) lost -29%.
Benchmark index lost -39% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

Crypto index funds can help you build wealth. Feel free to contact me for more information.

Click here to view the disclaimer.

Sunday, November 13, 2022

How Can You Save For A House Deposit Fast With Crypto Index Funds? | Ewpple

 

Ewpple | Income For Life

Ewpple - How Can You Save For A House Deposit Fast With Crypto Index Funds?

“I will forever believe that buying a home is a great investment.” – Oprah Winfrey

Directly from your paycheck
Before you spend, save up some of your income. This principle should guide your home deposit savings.

If you can, rent out a room
Why not rent out your spare room for some extra income? Rent will lower your contribution requirement.

Encourage your spouse to save
Include your spouse in the savings process. Keep track of their contributions and inform them.

Lower the entry point if possible
It is common for people to want the dream now rather than later. You can start in a cheaper suburb and work your way up.

You can invest with your family
You can share with a family member and only have to save half the deposit. Always have an exit strategy in place if you do this.

Increase the growth rate of housing deposits
Put your housing deposit into a long-term return index fund like the Ewpple DeFi Crypto Index Fund (EWD). Investing should be done using the Dollar-Cost Averaging strategy.

Ewpple DeFi Crypto Index Fund (EWD) lost -25%.
Benchmark index lost -37% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

You can build wealth with crypto index funds. Feel free to contact me for more information.

Click here to view the disclaimer.

Sunday, November 06, 2022

Crypto Market Insight Nov 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight Nov 2022

Current Situation
The entire crypto market capitalization increased by 5% in a very active trading week. Rates were raised by 75 basis points by the Fed. The Fed will continue to do so with a smaller amount & hold rates thereafter until inflation subsides to below the Fed rate.

Economic Data
US Sep Inflation Rate 8.2% vs Fed target 2%.
US Oct Unemployment Rate 3.7%, up +0.2%.
Fed Funds Rate 4%, up +0.75%.

Investor Action
Despite the crypto market's current boom, we should be wary of persistently high inflation and a potential economic slowdown. They will stifle the market. Investors should not panic sell, however. To take advantage of the market's weaknesses, investors can use the Dollar Cost Averaging strategy to invest in an index fund such as the Ewpple DeFi Crypto Index Fund (EWD).

Ewpple DeFi Crypto Index Fund (EWD) lost -4%.
Benchmark index lost -17% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

Crypto index funds can help you build wealth. If you would like more information, please feel free to contact me.

Click here to view the disclaimer.

Sunday, October 30, 2022

How Can Crypto Index Funds Help You Achieve Financial Freedom? | Ewpple

Ewpple | Income For Life

Ewpple - How can one achieve financial freedom through cryptocurrency index funds?

“You do not make money borrowing money; you make money making money-making money.” ― Lamine Pearlheart

What is financial freedom?
Making life decisions without worrying about money is what it means. When you achieve financial freedom, you can live the life you want without worrying about money.

How Do You Become Financially Free?

1. Be wise with your money
Make a list of your expenses and income. Your budget should include savings and investments for paying off debts and paying yourself.

2. Make sure your debts are paid off
If you pay off your debt, you'll have more money for savings & long-term investments. The fastest way to repay debt is to set aside a large amount of your monthly income for repayment.

3. Explore your career options
Your budget depends on your income, so take it seriously. Take advantage of every income-boosting opportunity you can!

4. Set aside money for an emergency
Once you're debt-free, save 3 - 6 months' worth of your monthly expenses. An emergency fund will prevent you from incurring credit card debt again.

5. Long-term investing
The most effective way to build wealth is to invest long-term. Invest in an index fund focused on long-term returns, such as the Ewpple DeFi Crypto Index Fund (EWD).

6. Make your financial future a priority
Utilize the Dollar Cost Averaging investment strategy to make your money work harder for you. Put a fixed amount into a crypto index fund every month until you reach your goal.

Ewpple DeFi Crypto Index Fund (EWD) lost -8%.
Benchmark index lost -22% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

Crypto index funds can help you build wealth. If you would like more information, please feel free to contact me.

Please click here to view the disclaimer.

Sunday, October 23, 2022

Crypto Market Insight Oct 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight Oct 2022

Current Situation
Inflation remains stubbornly high at 8.2%. Unemployment has fallen back to 3.5%. This provides the Fed with reasons & conditions to stay aggressive. Rates may be raised by 75 basis points next time. Economic recessions are likely to occur.

Economic Data
US Sep Inflation Rate 8.2% vs Fed long-term average target 2%.
US Sep Unemployment Rate 3.5%.
Fed Funds Rate 3.25%.

Investor Action
A sell-off will occur with every unfavorable economic data and rate increase. No need to panic and sell now that the market is at its bottom. Eventually, the Fed will have to raise interest rates higher than inflation, so the market may remain at its bottom for some time. Build up your crypto position during market weakness. Use the Dollar Cost Averaging strategy to invest in an index fund like Ewpple DeFi Crypto Index Fund (EWD).

Crypto News
According to Mairead McGuinness, commissioner for financial services at the European Commission, regulating crypto would require a global effort. With a comprehensive set of regulations in place, the EU monitors everything from the environmental impact of the crypto industry to algorithmic stablecoins.

Ewpple DeFi Crypto Index Fund (EWD) lost -13%.
Benchmark index lost -27% in the same period.
Benchmark index = S&P Cryptocurrency MegaCap Index (SPCMC) + Decentralized Finance Index (DEFX)

A crypto index fund can help you build wealth. For more information, please do not hesitate to contact me.

Click here to view the disclaimer.

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