southerncali562

SPI 1/4

southerncali562 Updated   
KUCOIN:SPIUSDT   None
Happy new year everyone! I was very hesitant to post about SPI looking at the YTD chart however I think the R/R is just too good. This isn't as much TA as it is FA. Shopping.io is a product that allows you to buy with crypto on bigger E-commerce sites like Amazon, Walmart, and Ebay and the CEO has valid experience in the E-commerce ecosystem. Heres where it get tricky, The idea is great however with Crypto cards such as the Coinbase card and crypto.com card there might actually not be a need for products like shopping.io, So even though the R/R is good its nonetheless a risky investment. Id say if you hop in SPI make sure to set a tight SL and make sure to use a trailing SL on the way up. Id take profits at every 10$ increment upwards from here. As always, DYOR.
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