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RE: NEO = SCAM? Did the Chinese just rob the cryptomarket? Yes...and ... at a Chinese state level.
Microsoft is working closely with Neo team and seeks big potential in Neo, look at the technical specs and you will get to know what Neo blockchain is achieving. Your information and perspective about the Neo currency is not correct, Neo is a worldwide blockchain; just because the origin is in China doesn't mean it will support just Chinese markets :D
again....this means I am wrong. It is just my opinion. Buy cheap NEO then. :D If you are right it will be my loss.
I have purchased Neo when it was called antshares at $ 2 as well :)
I don't believe in purchasing aggressively rather average out your purchases in such volatile market. There are multiple dimensions for prices going up and down that include demand, supply, hype, rumors, corporate players, market regulators, bots, etc. but the biggest factor that makes the difference is fundamental of that crypto currency i.e. what they are doing and how different they are from rest of the cryptos.
My wishlist at this time in the market (when it is having a down trend) is to purchase and average out
Based on my previous experiences, getting such good prices is not something you will see frequently; specially when the crypto space has inflated over $ 150 Billion (1024% growth from last year).
At this time in market the mantra to make profit is:
Buy today and forget, rest ensure you will make profit in coming months.