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HodlTradeCrypto
Nov 12, 2020 7:24 PM

LONG KSM invstement - attractive Sharpe Ratio Long

KSM / US DollarBinance

Description

Kusama is an early version of Polkadot that exists as an independent network. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. It intends to act as a sandbox for developers, allowing teams to deploy and test pre-release versions of their projects before launching them on Polkadot's mainnet. Kusama will also serve as a testbed for Parity Technologies leading up to the mainnet launch of Polkadot. Like its sister chain, Kusama uses a native token, KSM, to power computation and give holders the ability to participate in securing the network and voting on upgrade proposals.

Trade closed: target reached

target reached based on my original technical analysis.
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