Long
ALKALINE PORTFOLIO - REN
Good morning, Alkalites! As promised, today we will start our Altcoin portfolio!
⚠️ How are we going to do it?
This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet.
Our analysis will be provided with an approximate entry price and the name of the token.
All the ideas provided must be taken with the same capital so that the performance is similar to the CryptoAlkaline portfolio.
You must divide your capital into entries of 2-5%. For example, a 10k bag will place entries of $200-$ 500, and in case of running out of money from the allocated capital, new entries must be taken with the same size.
It has been proven that the cryptocurrency market follows the same direction most of the time and that in this case, diversification does not eliminate the risk of losing money. However, we rely on diversification as a tool to increase our exposure to sporadic hikes in certain Altcoins.
Understand the risks involved in buying cryptocurrencies, and execute these activities legally according to the regulations of your country.
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We will add our first entry in Ren (REN/USD // REN/USDT)
ENTRY PRICE $ 0.477
NO LEVERAGE, NO TARGETS
Please read our "Free Crypto Portfolio Rules" before placing your positions.
From a technical view, Ren is undervalued when trading below the last cycle support. In addition, its low capitalization is a gem for our portfolio.
Ren describes itself as an open protocol created to provide interoperability and liquidity between different blockchain platforms. Its aim is to implement interoperability in the DeFi ecosystem, eliminating the obstacles that liquidity implies between blockchains.
Good luck, Alkalites!
⚠️ How are we going to do it?
This will be our Alkaline Free Crypto Portfolio. This portfolio will be held for the long term, so you must manage your capital to deal with potential dips in the crypto market. We will not provide every entry in one post, as we believe in the power of dollar-cost averaging. Leverage is not allowed, this portfolio must be followed by a Spot wallet.
Our analysis will be provided with an approximate entry price and the name of the token.
All the ideas provided must be taken with the same capital so that the performance is similar to the CryptoAlkaline portfolio.
You must divide your capital into entries of 2-5%. For example, a 10k bag will place entries of $200-$ 500, and in case of running out of money from the allocated capital, new entries must be taken with the same size.
It has been proven that the cryptocurrency market follows the same direction most of the time and that in this case, diversification does not eliminate the risk of losing money. However, we rely on diversification as a tool to increase our exposure to sporadic hikes in certain Altcoins.
Understand the risks involved in buying cryptocurrencies, and execute these activities legally according to the regulations of your country.
------------------------------------------------------------------
We will add our first entry in Ren (REN/USD // REN/USDT)
ENTRY PRICE $ 0.477
NO LEVERAGE, NO TARGETS
Please read our "Free Crypto Portfolio Rules" before placing your positions.
From a technical view, Ren is undervalued when trading below the last cycle support. In addition, its low capitalization is a gem for our portfolio.
Ren describes itself as an open protocol created to provide interoperability and liquidity between different blockchain platforms. Its aim is to implement interoperability in the DeFi ecosystem, eliminating the obstacles that liquidity implies between blockchains.
Good luck, Alkalites!
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