EOS - This Fruit Is Ripe, Time To Pick
EOS - Dan Larimer's project
Speculating involves investing in management and the business model - Dan Larimer who's the king pin of The Most Powerful Infrastructure for Decentralized Applications is the man involved with EOS:
- He's young
- Very smart
- Above all else..... experienced
When speculating in cryptos, your put your money in the hands of managemnet.
EOS is the fruit ripe for picking.
There is also the chance that the price could break support and whither away to nothing, but that's why they call it speculating and you don't put your whole bank role into something.
Good confirmation is when the price breaks the blue and green lines.
Picking off the bottoms is a fools game, but remember we're speculating in a project with extreme upside in the future, however, this thing could go to -0- too.
All data and information provided is for informational purposes only. Trend Wizard makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information in this post and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.
My mouth is watering everytime I look at the EOS price..
I already hold some but kind of want to get more. What bothers me, is the uncertainty regarding the use for the EOS token and wether or not is actually going to be valueable, plus the super long ICO period that's bound to overflow the market with an abundance of tokens. Perhaps this is happening already and it's part of the reason price has been going down?
All in all, still hodling for the long term.
The charts tell us what to do. I know there's algos out there and there's the crowd that says technical analysis is dead but I still go by the charts over the intermediate and long term. The short stuff is just noise.
I'm kind of the other way around..
I am of the belief that the main reason why TA works, is because a large portion of the people take decisions based on TA. Kind of like a self-fulfilling prophecy. In my mind, TA is for a large part a psychological thing that strengthens as more people believe in it and diminishes when less people do.
Interesting
@trendwizard Thank you for sharing..... Love it ....Followed you!!! Follow me and let's make this community a better one!!!