CRO has a lot of risk. The chart has fallen so far support is no longer clear.
Personally hold CRO though at about 3% portfolio. I think at this point the most effective risk management I see is position sizing. In some ways this has become more about FA then TA. After following them for the last 3 years I am asking myself. After this drop is this project crap or is the market over reacting. Then position sized accordingly.
Pros
Cons
Personally hold CRO though at about 3% portfolio. I think at this point the most effective risk management I see is position sizing. In some ways this has become more about FA then TA. After following them for the last 3 years I am asking myself. After this drop is this project crap or is the market over reacting. Then position sized accordingly.
Pros
- They seem to be continuing to work
- They have one of the best on ramp/off ramps in the world
- People seem to hate them now so price is not inflated
- We have not seen an alt season come and go without them returning.
Cons
- Total loss risk is higher with so many people against the platform
- If they can't get users back this could keep going down.