Serban’s Crypto Picks: Closing $AKRO
Closing $AKRO – We’ll be leaving our AKRO trade on a small loss, because it broke the level of support we were looking at; we’ll buy back at a later stage, if it keeps bleeding to lower levels, becaause it’s still a project that can make us good profits. It’s important to follow those trades and accept that sometimes we’ll need to take minor losses, as the wins will massively outweigh the losses. Once we’re back to an entry level for AKRO we’ll let you know. Our next entry should be around 0.056-0.058 $
Serban’s Crypto Picks: BUY $AKRO
Tuesday • 13 April 2021 • 09:05
Akropolis $AKRO – This is a low/mid cap trade with a lot of upside potential, as it seems to have reached a local bottom.The project is good but the team has a lot of work ahead to deliver on their promises; if they do, this can be a good long term hold, but for now we’ll just trade it for a profit and see how it goes FA wise. Our entries would be $0.062 – $0.07 with first TP orders at $0.095 – $0.1. If you’re willing to hold this longer, another good range for taking profits will be $0.12 – $0.14. We would ideally just take out som profits at any of those 2 points and leave the rest in Akropolis in case this becomes a $1bn project, getting us plenty of profits longer term.
Description from Coinmarketcap: Akropolis is a company that operates an Ethereum-based decentralized finance protocol that seeks to provide an autonomous financial ecosystem for saving and growing wealth, including through borrowing and lending. To do so, it offers a series of products including AkropolisOS, a framework for developing for-profit decentralized autonomous organizations, Sparta, a platform for uncollateralized lending, and Delphi, a yield farming aggregator and tool for dollar-cost averaging.
The project uses an ERC-20 token, AKRO, for protocol governance across its suite of products.
Akropoli was first announced in March 2018, launching on the Ethereum mainnet in June 2020.