Five bullet Friday - issue #125

   Crypto markets are dropping steadily. Investor sentiment is at maximum fear. This feels like a lot of irrational fear from investors, which is triggered by the stock market drop.

1. Last year, in these weekly updates, from issue #114 on October 29th, I wrote this to all partners.

 "Those partners who made 3-4x returns in one year, I recommend them to exit the fund and swap into Crypto Savings Note.  This is an ideal time to do so. This option is only available for full-redemption out of the fund. Crypto Savings Note protects the downside to your capital and is designed to assure peace of mind to the investors. By swapping into CSN you will be locking in the gains and producing a steady guaranteed income on a monthly basis". Those investors who followed my advice avoided the 80% drop in their account value.

2. Since we have not released the December statement yet, it is possible for investors to take their profits and move them into CSN or Carbon Offset bonds based on their November 30th, 2021 NAV valuation. We have found a way to postpone capital gains tax as well via the election of section 754.

3. OHM is going through a lot of cascading liquidations. This is constantly pushing the price down. It is now close to its risk-free value of $71. If the price were to dip below $71, the protocol will initiate a buyback of OHM tokens. Fundamentals of OHM are improving steadily. The new version 2 of OHM is a game-changer in the  DeFi market.

4. Today there is a lot of rumors that Turkey has plans to make bitcoin legal tender. Turkey's lira is currently facing enormous inflation as high as 50%. It was also reported that they are in close talks with El Salvador to copy some of their plans. It is only a matter of time before many other countries in South America will start adopting bitcoin as their legal tender.

5. KLIMA has been dropping steadily.  We have been buying KLIMA constantly throughout last week. Price is very misleading because there is no liquidity. If I try to buy large quantities of KLIMA quickly, it will push up the price. A simple $2000 buy order will push the price up by 2%. The fundamentals of KLIMA are phenomenal and getting better every day. I continue to be bullish.

Have a wonderful weekend!

Sam Ikkurty