Am I Crazy for Trusting EOS?
EOS is, in my opinion, one of the highly undervalued cryptocurrencies out there with huge potential to increase in value. But am I crazy to think that? It seems so, because everybody else is cashing out and counting their losses.
And I am buying. Of course, I am not investing fortunes here because I don't have them, but still... I don't like losing money and I doubt anybody does.
I bought EOS for 0.00028820 BTC and it has dropped to 0.00028100 since. And it seems to keep going down. Sinking without a trace. Is this permanent or not?
One of the biggest challenges when having your money in an exchange is holding onto the currency when sh** seems to have hit the fan. But sometimes that's exactly what you have to do.
If I sell now, I will take minimal losses and I will be happy if EOS drops and never recovers. But the truth is that many cryptos tend to drop heavily only to rise higher than ever afterwards. It's true though that in EOS' case, the drop is going for a while and there are no signs of them getting better... but I still have hopes.
What do you think, though? Am I crazy for holding on to EOS?
Definetly you are not crazy. EOS is IMO one of the best possible game changers in the crypro world. Just hold and forget it till 06.2018. I will buy more tokens every month because i believe that EOS has the potential to be the future Ethereum and Bitcoin 2.0
Nice to see your comment with so many upvotes too! Let's hope it does go to the moon and those who own some will be very happy in 2018!
Maybe you should read up a bit about EOS. Im also a strong believer but big spikes are not expected in the near future as distribution is still ongoing.
Also dont listen to people that EOS will continue to drop. The rate is what it is because at the moment that is the value the market gives to it.
Nonetheless in a year or so I believe EOS will much higher compared to today...
I wouldn't have invested in EOS if I hadn't read about it and trusted it. But when you hear many people saying that it's crazy (fortunately none here so far), you start to doubt it :)
People shout whatever on crypto forums :) Most shouting is done by least informed people...
Im not saying I know it all but the project looks promising and the team has a decent track record
So my money is on them :)
It may drop more but im quite confident it will go up considerably
I think it can drop in price short term but after next year it should become a prominent option
I'm holding some EOS myself! I would not sell, as the future for EOS is bright!
Glad to hear I'm not the only one!
I'd say 99% currencies will recover in any case.
It will be more and more to sort them out in the future with the number of releases nowadays... but indeed EOS is not a bad coin!
From a purely trading perspective..EOS has been down down and down. Yes it's great tech potentially..but they keep rolling out new coins daily. The dilution factor is making it a tough hold in my opinion.
old Chinese proverb "Don't fall in love with your coins"
Good luck :)
Thanks! It's good to see the counterarguments as well as the pros and trust :)
You are as crazy as I am.
Have patience. The thing needs to be coded, and coded well. Meanwhile, have some fun with other pet(cryptocurrency)projects and be ready once EOS goes live. This is a long(er) term HODL project.
Thanks for the advice. I have patience. I wouldn't mind getting rich quickly, but I can wait :)
Patience pays.
Well said!
HODL every EOS you can get. As well as going up in value, you will be able to rent them out once the network is live.
I am planning to buy even more in the next couple of months in the case it really makes it big. I have high hopes for it, but still not putting all my eggs in one basket.
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