- Ragnarok Crypto Asset Array is a Safety Net for Rookie Crypto Investors
As blockchain technology is being widely absorbed into more and more industries, a path is being charted for digital assets to shape the economy. As much as they represent marked volatility, they still hold the potential for great returns. In case you are one rookie investor like me, I would advise making use of the wisdom of industry veterans when wading the murky cryptocurrency waters, a good place to start would be at Iconomi’s latest kid on the block, Ragnarok Crypto asset array (RCAA).
Without further adieu, let’s look at what RCAA has to offer.
The word Ragnarok is derived from Norse mythology and basically connotes the end of the world. What this implies is that blockchain technology is going to bring to an end prior financial practice in many industries. With a vision to buy into fundamentally sound projects that are “undiscovered,” they hope to attract many “commoners” to participate in the cryptocurrency revolution.
Ragnarok has a very sound strategy
Based on three components, this is what their strategy looks like;
· Ensuring safety for RCAA holders by allocating a significant amount to stable assets with low volatility and high liquidity.
· Researching and diversifying the portfolio into undervalued but fundamentally strong projects.
· Exiting at the right points.
As of today, tokens of RCAA can only be purchased using Bitcoin or Ethereum. We may see fiat currencies being included later this year as a buy option.
Why I would put my cash here as a rookie crypto investor.
1. Michal Novak
A Czech crypto enthusiast manages the RCAA pool with a team of experts. This would be an opportunity to tap into his industry experience as I progress on the learning curve.
His portfolio currently includes Ethereum, Ox Project, Bitcoin, Monero, Aragon, Iconomi, Funfair, Waves, OmiseGo, EOS and Kyber among others. To me this looks like a reasonable and well balanced portfolio.
2. The strategy employed.
I like that they have taken into consideration safety for RCAA holders. They have also balanced their portfolio to include mature coins which I would prefer to Hodl onto.
3. Iconomi’s vision and track record.
Iconomi is a fintech company providing a digital asset management platform. It enlists the help of several handpicked Digital asset array (DAA) managers to run with each DAA pool. The managers create assortments of digital assets and offer them to the public for investment. Ragnarok is one such pool that is built on the Iconomi platform. According to Mitja Zagar, co-founder of Iconomi, the team behind the fund has extra ordinary track records in the cryptocurrency space.
It is paramount to diversify your digital asset mix to hedge against risk and uncertainty. But more paramount is to tap into the expertise of industry veterans, whenever such an opportunity presents itself.
Ragnarok Crypto Asset Array is a Safety Net for Rookie Crypto Investors was originally published in wespostdotcom on Medium, where people are continuing the conversation by highlighting and responding to this story.
- Date of publication:
- Thu, 02/22/2018 - 05:01
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